April 2013
Cat’s Inside Line: Autoelectro
Common issues affecting TDI models include alternator clutch pulleys failing due to tensioner problems. The starter motor, again mainly on TDI models, can also fail prematurely because of clutch dust/Dual mass flywheel dust. The good […]
Garage schemes growing with new members
The launch of Groupauto’s Approved Garages scheme has added 300 garages to the Motor Codes network in one go, swelling its ranks to over 1800 independent garages and over 7400 garages nationwide. Over 400 workshops […]
H2’s SATOR SALE THE UA WAY
When H2 Equity Partners bought a controlling 50.1% share in Unipart Automotive (UA) in September 2011, CAT asked whether the private equity firm could be trusted with one of the grand dames of the UK aftermarket.
ECP AND LKQ MAKE PUSH INTO EUROPE WITH SATOR
Euro Car Parts and LKQ have made a move into Europe with the £176 million acquisition of Dutch-based Sator Holding from H2 Equity Partners today. The move, funded by LKQ, does not include H2’s 50.1% stake in Unipart.
New insolvency plans backed by UK
The UK is backing EU plans to overhaul rules on cross-border company insolvencies, it was announced by the European Commission today. The proposals are designed to help businesses overcome financial difficulties more easily, but also […]
More financing for businesses on the way
Chancellor George Osborne is expected to announce an extension of a scheme designed to give small and medium-sized business greater access to finance. The Funding for Lending Scheme was launched last year and was originally scheduled to end next January.
PUBLIC SECTOR BORROWING FALLS
Public sector borrowing has fallen by £300 million in the financial year to April 2013, figures released by the Office for National Statistics (ONS) today. The small reduction means public borrowing stood at £120.6 billion to April 2013 compared with £120.9 billion for the previous financial year.
Homan hopes to open doors for the market with Gates
Gates also has a new man in charge of the UK but unlike Hutchinson he’s not transferring from another company. Taco Homan has worked at Gates since 1998, starting with the company as European Pricing […]
Be SMART with your management
Being SMART with your management is a sure fire route to success, says John Genge There are many definitions of management. Mine is very simple: The job of a manager is to create the environment […]
NEWS
Movers & Shakers: SMP E…All the latest changes from across the sector, including new roles, promotions, and retirements...
Registration now open: UK Ga…Visitor registration now open for the UK Garage and Bodyshop Event taking place at NEC June 5/6...
Autoglym acquires GnG Sales …The wholesale supplier of car care products has marketed and supplied the Autoglym range for over two decades...
Comline Group to move to new…Move hailed as "inspiring new chapter" for UK-based parts firm...
Worry as drivers are ditchin…New research finds that more than a third of drivers are resorting to DIY repairs in a bid to save cash...