-
Thatcham supports worldwide fitment of ESC
- November 19, 2015
- Posted by: Simon Wait
- Category: Industry News
As the ‘Stop the Crash Partnership’ kicked off a new worldwide vehicle safety campaign by calling on the Brazilian government to mandate Electronic Stability Control (ESC), Thatcham Research experts backed up the initiative. ‘In Europe, ESC has been mandatory since 2012 and we’ve seen first-hand how effective it can be in preventing the driver from losing [...] -
SCP acquires Alloy wheel repair specialists
- November 17, 2015
- Posted by: Simon Wait
- Category: Industry News
Soundcore Capital Partners, a control-oriented, New York-based private equity firm that invests in lower middle market businesses, today announced that it has completed the acquisition of Alloy Wheel Repair Specialists, the world’s largest full-service alloy wheel repair and replacement company. This marks the first platform investment since the firms launch in April, 2015. Terms of the [...] -
UK auto sector is worldclass
- November 12, 2015
- Posted by: Simon Wait
- Category: Industry News
The UK automotive sector’s workforce is one of the world’s most productive – but action is needed to address a shortage of skilled engineers and operators, according to new research by the Automotive Council. The report, which ranks the UK’s strengths and attractiveness for automotive investment against other European and global countries, places the UK’s automotive [...] -
Tesla rival plans EV for 2017
- November 10, 2015
- Posted by: Simon Wait
- Category: Industry News
New US start-up company Faraday Future plans to start building electric cars by 2017, it has been revealed. Backed by a Chinese billionaire, the firm is set to take on Tesla Motors, starting with a one-billion-dollar investment in a new automotive factory. Faraday, which is based in California, US, is the latest in a string [...] -
TYG PRODUCTS RECEIVES SUSTAINABILITY MARK
- November 6, 2015
- Posted by: Simon Wait
- Category: Industry News
NSF International recently introduced a new mark identifying automotive parts that have met specific environmental claims. TYG Products, LP’s aftermarket bumper covers that use low volatile organic compound (VOC) paints and primers are the first automotive parts authorized to use the NSF International sustainability mark. The firm’s bumper components were among the first group of [...]