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LKQ ‘positioned for growth after crisis’
- April 14, 2020
- Posted by: Simon Wait
- Category: Industry News
LKQ Europe is positioned for continued growth after the coronavirus pandemic, with acquisitions remaining important for the company now, as the situation unfolds, and following the crisis, its chief executive said in a German newspaper report. “We will of course continue to monitor the market and will also look for external growth opportunities again when [...] -
Aftermarket activity down 85%: survey
- April 9, 2020
- Posted by: Simon Wait
- Category: Industry News
A new UK-wide survey by GiPA, the international automotive aftermarket intelligence company, has revealed that the volume of work in workshops has fallen by 85% as of the first full week of the government’s coronavirus lockdown. During the period 30 March-5 April, GiPA UK interviewed 420 workshops in order to analyse the impact of the [...] -
Car market slump worse than 2009 crisis
- April 7, 2020
- Posted by: Simon Wait
- Category: Industry News
The UK new car market declined 44.4% in March, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). In the important registration plate change month, 203,370 fewer cars were registered than in March 2019, as showrooms closed in line with government advice to contain the spread of the coronavirus. The performance represented [...] -
LCV market decimated by ‘unprecedented crisis’
- April 7, 2020
- Posted by: Simon Wait
- Category: Industry News
The UK new light commercial vehicle market fell by 54.3% in March amid nationwide lockdown measures in response to the coronavirus crisis. According to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), registrations more than halved compared with March 2019, with just 30,247 vans bearing the new ’20 number plate [...] -
IBIS USA 2020 – a virtual and veritable success
- April 4, 2020
- Posted by: Simon Wait
- Category: IBIS News
IBIS USA 2020, held for the first time as a live online simulcast on 2 April due to the coronavirus crisis, has been acclaimed an emphatic triumph by speakers and delegates alike. Several key messages emerged during from the three-hour virtual event, including the absolute need for proper repair procedures, the opportunity that ADAS recalibration [...]