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Carstar acquired by Roark Capital Group
- October 23, 2015
- Posted by: Simon Wait
- Category: Industry News
US and Canadian based collision repair franchise, Carstar Auto Body Repair Experts has been acquired by Driven Brands Inc, a portfolio company of Roark Capital Group and the nation’s leading franchise automotive company. Carstar is one of the largest multi-shop network of independently owned collision repair facilities in the U.S., operating in more than 240 [...] -
Toyota recalls 6.5 million cars
- October 21, 2015
- Posted by: Simon Wait
- Category: Industry News
Japanese carmaker Toyota has said it will recall 6.5 million vehicles worldwide over a faulty window switch. The power switch could potentially short-circuit, causing parts to overheat and could lead to a fire. Toyota has already recalled some 10 million cars globally that were fitted with faulty air bags linked to a number of deaths. The [...] -
Takata recall could expand further
- October 20, 2015
- Posted by: Simon Wait
- Category: Industry News
Regulators in the US said they could expand their investigation into Takata air bag inflators beyond 11 car manufacturers, as questions arose about whether vehicle design played a role in the devices posing a deadly risk to the public. National Highway Traffic Safety Administration (NHTSA) chief Mark Rosekind said his agency can add more car manufacturers to [...] -
CV markets expected to double in Africa
- October 19, 2015
- Posted by: Simon Wait
- Category: Industry News
A new IHS Automotive analysis of future automotive demand in Africa suggests significant growth opportunities on the continent that the industry considers the ‘Final Automotive Frontier’. With one of the world´s fastest- growing middle classes, Africa is showing pronounced promise for the global automotive industry. Demand for new light vehicles (Gross Vehicle Weight (GVW) of [...] -
CLEPA conference gearing-up
- October 15, 2015
- Posted by: Simon Wait
- Category: Industry News
CLEPA, the European Association of Automotive Suppliers, will host its seventh CLEPA Aftermarket Conference on 25-26 November 2015 at the Crowne Plaza Airport, Brussels. This year’s topics are ‘Future mobility’ and ‘Challenges in the Chinese Aftermarket’ and includes a session entitled How Future Mobility will change our World which will explore future mobility trends, asking [...]