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Consolidation continues in crash repair?
- February 16, 2017
- Posted by: Simon Wait
- Category: Industry News
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 considering Vauxhall takeover
- February 15, 2017
- Posted by: Simon Wait
- Category: Industry News
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 [...] -
VW efficiency talks break down
- February 14, 2017
- Posted by: Simon Wait
- Category: Industry News
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 [...] -
EC approves electric charging network
- February 14, 2017
- Posted by: Simon Wait
- Category: Industry News
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 [...] -
Allianz signs Audatex Ireland agreement
- February 13, 2017
- Posted by: Simon Wait
- Category: Industry News
Allianz Insurance has signed up to Audatex’s claims management solution, AudaEnterpriseGold (AEG) in the Republic of Ireland. It comes as Audatex expands its presence in Ireland as part of its continuing efforts to support both insurers and bodyshops. ‘Allianz uses Audatex in most of its international markets, including Northern Ireland, where we have received very [...]