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Industry expects Ford/Google announcement
- January 4, 2016
- Posted by: Alan Feldberg
- Category: Industry News
Ford and Google are expected to announce a joint partnership to develop autonomous vehicles at this week’s Consumer Electronics Show in Las Vegas, USA. Neither company has yet to confirm discussions to create an independent joint venture in this field, but multiple news organisations have reported that the two giants are keen to pool their [...] -
Tesla to investigate car fire
- January 4, 2016
- Posted by: Alan Feldberg
- Category: Industry News
Tesla is investigating the cause of a fire that broke out while a Model S was charging in Norway. It was reported that the car caught fire after its owner had plugged it into a Supercharger on New Year’s Day. The owner had left the vehicle and no one was injured, but the incident will [...] -
Numbers adding up for car insurers
- January 4, 2016
- Posted by: Alan Feldberg
- Category: Industry News
UK car insurers paid out £2.41bn less in 2014 than in 2010, according to figures released by the Association of British Insurers (ABI). It reports that motor insurers paid out £8.3bn in 2010 compared to £5.9bn last year. And the numbers should make even better reading in the future following the commitment made by Chancellor [...] -
US report highlights $363m parts discrepancy
- December 3, 2015
- Posted by: Simon Wait
- Category: Industry News
The Quality Parts Coalition (QPC) has released a new report highlighting significant price gap between car company brand and independently produced auto collision repair parts. The report reveals that American consumers saved more than $363 million by using independently produced parts rather than parts sold under car company brand names during the past five years. [...] -
CARSTAR Canada acquired by Roark
- December 3, 2015
- Posted by: Simon Wait
- Category: Industry News
Driven Brands Inc, a portfolio company of Roark Capital and a leading US franchise automotive company, has acquired CARSTAR Canada. CARSTAR is one of the largest multi-store network of independently owned collision and glass centres in Canada, operating more than 230 locations in 10 provinces. ‘As we continue to accelerate our exposure and growth throughout [...]