Allianz Worldwide Partners has announced four CEO appointments in Asia-Pacific and North America. Adrian O’Brien is named CEO of Allianz Worldwide Partners for Singapore, Malaysia and Indonesia; Xavier Mauriac is promoted to CEO of Allianz Worldwide Partners Japan; Renato Mattos takes on CEO role for Allianz Global Assistance in New Zealand, replacing Phil Hibbert, who [...]

CCC Information Services and Service King could both be on the market shortly, according to reports in Bloomberg. It’s understood that private investment firms TPG Capital and Leonard Green & Partners are considering selling claims and repairs solutions provider CCC Information Services. Leonard Green acquired CCC in November 2012 for $550 million from Investcorp SA, [...]

PSA Group could be about to take over Vauxhall, which employs 4,500 staff at plants in Ellesmere Port and Luton. The French group, which makes Peugeot and Citroen cars, is in talks about taking over General Motors’ (GM) loss-making European business Opel. Vauxhall is Opel’s UK arm. In addition to the employees at its manufacturing [...]

Volkswagen’s plans to cut costs following the emissions scandal have been left in limbo after talks with the unions broke down earlier this week. Labour bosses at the company broke off talks, accusing management of trying to squeeze out greater savings around overtime work, efficiency gains and apprenticeships than had been agreed in November. The [...]

The European Commission has approved German plans for an infrastructure network for charging electric vehicles across the country. The plan, at a total cost of €300m over four years, will require that the electricity comes from renewable energy sources, with contracts awarded through an open tender process. EU Competition Commissioner Margrethe Vestager said, ‘Electric vehicles [...]