• Burglaries drive vehicle theft increases
    • 27/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    A Freedom of Information (FoI) request to Nottinghamshire Police has revealed that 21.93% of stolen cars are taken in relation to a burglary or robbery. This equates to over 28,500 vehicles a year nationwide. The request was made by specialist motor insurance loss adjuster Claims Management & [...]
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  • CMA calls for swift action to address fuel prices
    • 10/07/2023
    • Posted by: Alan Feldberg
    • Category: News
    Fuel retailers can expect to come under greater scrutiny after a new report from the Competition and Markets Authority (CMA) called for a new ‘fuel monitor’ oversight body to ensure greater transparency in competition. The report identified a reduction in competition since 2019 and said there needed to be [...]
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  • Copart acquisition of Hills gets green light
    • 30/06/2023
    • Posted by: Alan Feldberg
    • Category: News
    Copart has been given the provisional green light to continue its proposed acquisition of Hills Motors. The deal was put on hold by the Competitions and Markets Authority, pending an investigation into the potential for the acquisition to reduce competition in the UK vehicle salvage sector. It feared that while [...]
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  • Vehicle theft bill soars to £1.54bn
    • 22/06/2023
    • Posted by: Alan Feldberg
    • Category: News
    Claims Management & Adjusting (CMA), the UK’s oldest specialist motor insurance loss adjuster, estimates that vehicle thefts are now costing UK insurers £1.54bn a year, with a further decline reported in the stolen car recovery rate. CMA managing director Philip Swift said: “Vehicle theft costs to UK [...]
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  • Diesel prices beginning to tumble
    • 01/06/2023
    • Posted by: Alan Feldberg
    • Category: News
    Retailers and supermarkets have cut the price of diesel since the Competition and Markets Authority (CMA) expressed concern of weakening competition in the retail fuel market. According to the RAC, the average price of a litre of diesel at supermarkets fell by 7.44p, from 151.02p to 143.58p, over the two weeks [...]
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  • Car thefts near 100,000 in a year
    • 29/03/2023
    • Posted by: Alan Feldberg
    • Category: News
    A Freedom of Information request to The Driver and Vehicle Licensing Agency (DVLA) by Claims Management & Adjusting (CMA) has revealed the total number of vehicle thefts in the UK last year and identified the nation’s worst car crime hotspots. According to the DVLA, constabularies across the UK recorded [...]
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  • Insurance payouts slow to snails pace
    • 30/01/2023
    • Posted by: Alan Feldberg
    • Category: News
    Analysis by Claims Management & Adjusting (CMA) has found that car theft victims are frequently waiting more than seven days longer for insurance payouts due to the new National Police Chiefs’ Council (NPCC) and Association of British Insurers (ABI) data sharing agreement. The Kent-based vehicle claims [...]
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  • CMA investigating fuel retail market
    • 09/12/2022
    • Posted by: Alan Feldberg
    • Category: News
    A review by the Competition and Markets Authority (CMA) has found that fuel retailers raised prices quickly in line with higher wholesale costs but were slow to reduce them again when prices fell. Called ‘rocket and feathering’, this practice has been revealed as part of the CMA’s Road Fuel Market Study, [...]
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  • IAA completes Synetiq acquisition
    • 07/03/2022
    • Posted by: Alan Feldberg
    • Category: News
    IAA has completed the acquisition of Synetiq for £225m after receiving clearance from the UK’s Competition and Markets Authority. The businesses were previously required to be held separate under an initial enforcement order (IEO) issued by the CMA on 5 November. However, the IEO was revoked by the CMA on 10 [...]
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  • Volvo unveils global electrification strategy
    • 15/10/2015
    • Posted by: Simon Wait
    • Category: News
    Volvo has announced one of the automotive industry’s most comprehensive electrification strategies in which plug-in hybrids will be introduced across its entire range. It will develop an entirely new range of electrified smaller cars and build a fully electric car for sale by 2019. As part of this new strategy, [...]
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