Three manufacturers have had to recall electric cars in the last few weeks, with Volkswagen, Nissan and Renault all admitting problems with their models. VW has just recalled 5,561 e-Golf cars in the US following complaints of the vehicle stalling unexpectedly. The manufacturer said that the car’s management system could ‘inadvertently classify a brief internal [...]

Canadian-based Boyd Group Income Fund, parent company to Gerber Collision & Glass and Glass America in the US, grew sales by 39.1% to US$757.4m year-on-year in 2015. On announcing the results, Boyd Group’s CEO, Brock Bulbuck also said that the company will likely double in size over the next five years. Brock said, ‘Looking forward, [...]

AkzoNobel is backing two adventurers in a Peugeot 205 to deliver medical aid to the elderly and educational supplies to the young in remote villages in the north-east of Morocco as part of the RAID Cross Challenge 2016. The event, which starts from Paris on 11 April takes crews on a demanding 2,700km route across [...]

LexisNexis Risk Solutions has been selected by US insurer Nationwide to deliver the insurer’s next-generation insurance telematics programme, SmartRide Mobile. The usage-based insurance programme provides discounts for safe driving for members who choose to participate. Nationwide partnered with LexisNexis Risk Solutions to provide a mobile application (app) option for its SmartRide programme to existing and [...]

A consortium of investors – LP Group BV – has acquired LeasePlan from Global Mobility Holding BV, a joint venture of Volkswagen Aktiengesellschaft and Fleet Investments BV. LP Group BV represents a consortium of long-term investors and includes leading Dutch pension fund service provider PGGM, Denmark’s largest pension fund ATP, GIC, Luxinva SA, a wholly [...]