A consortium of investors – LP Group BV – has acquired LeasePlan from Global Mobility Holding BV, a joint venture of Volkswagen Aktiengesellschaft and Fleet Investments BV. LP Group BV represents a consortium of long-term investors and includes leading Dutch pension fund service provider PGGM, Denmark’s largest pension fund ATP, GIC, Luxinva SA, a wholly [...]

The United Nations Economic Commission for Europe (UNECE) has paved the way for automated driving by updating UN international convention. A major regulatory milestone towards the deployment of automated vehicle technologies has been attained today (23 March 2016) with the entry into force of amendments to the 1968 Vienna Convention on Road Traffic. As of [...]

Service King Collision Repair Centers, one of the fastest-growing automotive repair companies in the US, has grown to 10 locations in the Washington DC-Baltimore market. The expansion comes as Service King has officially partnered with Wentworth’s Collision Works and its pair of high-quality repair centres in southern Maryland. The agreement will see the two businesses [...]

Bosch has been named the world’s most admired motor vehicle parts supplier by the US business magazine, Fortune. Fortune’s 2016 World’s Most Admired Companies list is based on surveys from executives, directors and analysts from 652 companies within 54 industries located in 30 countries, and is derived from nine key reputation attributes. In the motor [...]

ABI Research anticipates accelerated adoption of automotive software over-the-air (SOTA) updates with nearly 180 million new SOTA-enabled cars shipping between 2016 and 2022. As the automotive industry ramps up its adoption of the technology, ABI Research forecasts nearly 203 million SOTA-enabled cars to ship by 2022. Both SOTA and firmware over-the-air (FOTA) will see a [...]