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Carlyle Group exits RAC
- December 3, 2015
- Posted by: Simon Wait
- Category: Industry News
The Carlyle Group (Carlyle), CVC Capital Partners (CVC) and GIC, Singapore’s sovereign wealth fund, announced today that funds advised by CVC have entered into a partnership with GIC and will become a co-shareholder in the RAC through the purchase of Carlyle’s stake. The investment was made from CVC’s Strategic Opportunities Platform, established in response to [...] -
CLEPA Conference postponed over security
- November 24, 2015
- Posted by: Simon Wait
- Category: Industry News
The seventh CLEPA Aftermarket Conference, set to take place in Brussels this week, has been postponed inline with the Belgian Federal Government’s advice. With the continued level four (maximum security) situation in Brussels at present, CLEPA took the decision to postpone the conference until early 2016. In a communication to registered participants, Paul Schockmel, CLEPA [...] -
Volvo partners with Microsoft
- November 20, 2015
- Posted by: Simon Wait
- Category: Industry News
Volvo will work together with Microsoft to jointly develop next-generation automotive technologies. The two companies today revealed how Microsoft HoloLens, the world’s first fully untethered holographic computer, might be used in future to redefine how customers first encounter and explore a car, as well as how cars might be bought and sold in future. Areas [...] -
Thatcham confirms partnership with CATARC
- November 20, 2015
- Posted by: Simon Wait
- Category: Industry News
Thatcham Research has confirmed a partnership with CATARC, the China Automotive Technology and Research Centre, to enable the introduction of a vehicle insurance rating scheme into China. Funded by UK insurers, one of Thatcham’s key responsibilities is in administering the insurance Group Rating system on behalf of the ABI (Association of British Insurers). The newly [...] -
Axalta’s Global Colour Report 2015
- November 19, 2015
- Posted by: Simon Wait
- Category: Industry News
Axalta Coating Systems has released its Global Automotive 2015 Colour Popularity Report which shows that white continues to increase in popularity and holds onto the top position worldwide. Since overtaking silver in 2011, white has continued to gain in popularity on all vehicle types. ‘Since 1953, Axalta’s colour popularity data has been an important tool [...]