Eurozone fallout – will it affect your business?

For many, the question on their lips is which country will be the first to exit the eurozone.

Whether an existing eurozone member jumps or is pushed is irrelevant. The consequences for many businesses are likely to be severe. This is particularly so because there is no English or EU law which addresses the legal effect of a change of currency resulting from a eurozone exit. This stands in stark contrast to the situation in certain US states that have such laws.

Industry needs to raise its game, says Mazza

Jim Mazza has challenged the aftermarket to raise its game for the future. The Groupauto Managing Director says the industry needs to react to the conditions it is currently facing. Mazza says that the growing threat from VMs and franchises, rather than galvanizing businesses into action, seems to have dulled the wits of the independent sector.

Webasto donates heater to Help for Heroes

Webasto has donated one of its heating units to the Help for Heroes charity. The Air Top Evo 3900 will be fitted into a specially adapted minibus which is used to transport recovering patients at the Defence Medical Rehabilitation Centre in Headley Court.

EUROPEAN SLUMP BLAMED AS MANUFACTURING STALLS

Tough trading conditions in Europe are taking a heavy toll on vehicle manufacturers and parts suppliers. Ford announced that it will close it’s Genk production facility in Belgium by 2014. Ford also confirmed that its Southampton Transit facility will close alongside a diesel plant in Dagenham.

UKPA CELEBRATES NEW MEMBER

Hot off the heels of Motex joining the UKPA last month comes news of another new member. Lancashire based BBC Superfactors has joined the Parts Alliance bringing six new sites to the group. Parts Alliance Chairman Steve Fulford says he is delighted with the decision.

CAT reaches a Twitter milestone

CAT Magazine has passed a Twitter milestone by reaching 500 followers. We’re always at the heart of the UK independent automotive aftermarket and we’ve been impressed by how many companies are exploring the opportunities social […]

Fast times at Brooklands

Motor racing circuits in the UK don’t come much more famous than Brooklands. Built in 1907 as the World’s first purpose built circuit the famous banked oval has seen plenty of action over the years. […]