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MAPFRE: revenue up, premiums down
- November 10, 2016
- Posted by: Simon Wait
- Category: Industry News
MAPFRE recorded revenue for the first nine months of the year of €20.9bn, a year-on-year increase of 1.8%, while premiums totalled €17.1bn, a 1.3% decrease. Earnings before taxes and non-controlling interests grew by 15.5% to €1.3bn, and net profits were €572m, 3.3% lower than the equivalent figure for the first nine months of 2015. These [...] -
EV ‘revolution’ speeds ahead
- November 9, 2016
- Posted by: Simon Wait
- Category: Industry News
Figures from Nissan reveal that there are more than 75,000 Nissan EV owners in Europe as the electric vehicle revolution speeds up across the continent. The milestone follows the recent announcement that 260,000 Nissan EVs have been sold worldwide, reinforcing Nissan’s vision for a zero-emission future as the brand continues to make Intelligent Mobility a [...] -
Service King continues to grow
- November 8, 2016
- Posted by: Simon Wait
- Category: Industry News
Service King Collision Repair Centres, one of the fastest-growing collision repair services in the US, has opened its 85th Texas location with a new repair centre in southwest Houston. The organisation now operates 22 repair centres in the market with 306 locations in 23 states across the US. Justin Regan, Service King’s Houston market vice [...] -
Symach makes USA appointment
- November 4, 2016
- Posted by: Simon Wait
- Category: Industry News
Symach has appointed Chad Seelye to the role of vice president USA for the Italian-based company. In his new position, Seelye will work in collaboration with the team in Italy to educate the US market on Symach’s European technology and equipment, which includes its patented FixLine process. ‘We are excited to have Chad on board [...] -
VW leaders summoned to emergency meeting
- November 4, 2016
- Posted by: Simon Wait
- Category: Industry News
Volkswagen is holding an emergency meeting today to discuss cost-cutting measures following the emissions scandal and its wider shift to greener cars. VW has recently raised its dieselgate provisions to €18.2bn but is still facing new claims which could force the company to set aside even more money for compensation. Meanwhile, its strategic shift to [...]


