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CTEK EMPLOYEE ARRESTED OVER ALLEGED ‘TRADE SECRETS’ THEFT FROM RIVAL

CTEK EMPLOYEE ARRESTED OVER ALLEGED ‘TRADE SECRETS’ THEFT FROM RIVAL

An employee of battery charger firm CTEK has been arrested by Melbourne police over alleged theft of trade secrets at a recent trade show.

The alleged  incident took place at the Australian Auto Aftermarket Expo held in Melbourne earlier this month. In a lawsuit filed in Ohio by the NOCO company, prosecutors allege that the employee stole a notebook containing sales strategy, contacts and other sensitive information.

CCTV footage confirmed the theft and the man was detained by exhibition centre security until local police came and made a formal arrest.

“We want to thank on-site security, members of the AAAA, and Melbourne Police for their efforts in arresting the individual,” said Thomas Smith, Director of Public Relations. “Without their efforts, we would not be able to proceed with additional legal actions. Obviously, we are disappointed with CTEK’s behavior, but it is further evidence of a possible systematic corporate mandate to attempt to curtail NOCO’s growth in the marketplace. We are aggressively pursuing all of our legal rights and will not stop until justice is served.”

In the lawsuit, NOCO is seeking damages and hopes to obtain ‘injunctive protection against the use or dissemination of its trade secrets’ by CTEK.

 

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1,200 JOBS AXED AT MANN+HUMMEL IN GLOBAL RESTRUCTURE

1,200 JOBS AXED AT MANN+HUMMEL IN GLOBAL RESTRUCTURE

Filtration manufacturer Mann+Hummel has announced today (April 11) that the company is planning a worldwide reduction of ‘about 1,200’ jobs with ‘up to’ 300 jobs lost from German locations.

However, the company has said that direct production will not be affected by the downsizing, which was mooted in a global cost restructuring programme announced in Februrary.

“We will continue to invest heavily in our business segments transportation and Life Science & Environment and see the planned staff reductions as part of a global initiative to short the company and to position long-term competitiveness” explained Werner Dear Lord, President and CEO.

Consultations with staff and unions have begun and the company anticipates a ‘timely completion’ of the restructuring programme.

Mann+Hummel US HQ

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SMMT SLAMS ‘UTTERLY UNACCEPTABLE’ BREXIT SITUATION

SMMT SLAMS ‘UTTERLY UNACCEPTABLE’ BREXIT SITUATION

In a strongly worded statement, SMMT Chief Exec Mike Hawes has said that it is ‘utterly unacceptable’ that no clear vision for Brexit has yet emerged.

“While we’ve avoided a ‘no deal’ Brexit on Friday, it is utterly unacceptable that, more than two years since negotiations started, industry still does not know what the UK’s relationship with the EU will be in the coming weeks and months” he wrote.

BREXIT: RHINO PRODUCTS OPENS EUROPEAN DISTRIBUTION CENTRE

“Uncertainty has already caused serious damage – car plants are on enforced shutdown, investment has been cut and jobs lost. This cannot go on. Government and Parliament must use this extension  purposefully to take ‘no deal’ off the table for good, and guarantee a positive long-term resolution that delivers frictionless trade. If they fail, we face yet another devastating ‘no deal’ precipice on 31 October”.

BREXIT: ARNOLD CLARK GROUP FACTORS TO INCREASE STOCKHOLDING

The automotive industry is a vital part of the UK economy accounting for £82 billion turnover and employs, directly and indirectly, over a million people.

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BREAKING: STATEMENT ISSUED BY KLARIUS DIRECTORS

A joint statement has been issued by the Directors of Klarius Ltd relating to charges dating back to 2013 over alleged deliberate mislabelling of type-approved catalysts and DPFs. The statement reads as follows:

“Personally we are surprised that this issue has been raised again after it was investigated thoroughly by the VCA over three years ago after we self-reported these same issues and it will come as no surprise that the people named vigorously deny any activity prohibited by the Companies Act.

READ: KLARIUS DIRECTORS FACE COURT 

 The subsequent report issued by the VCA and the Department for Transport (DfT) in December 2015 resulted in no action being taken, and concurred that our products met all the required performance and safety standards.

At the time we responded quickly and efficiently, working with our customers, to rectify what was essentially an administrative error relating to a small percentage of the catalytic converters manufactured at that time, discovered and exploited particularly by two of our competitors who clearly stand to gain from any adverse publicity.

We continue to be 100% transparent in what we do and again invite anyone to visit and review our quality standards and conformity of production procedures.

READ: CATALYST ROW, KLARIUS DIRECTORS ISSUE STATEMENT 

 We will confidently defend the proceedings that have been brought against us personally.

 This is not an action against Klarius and there is no suggestion of any issue at all with any Klarius product currently available for sale. The company continues to work closely with all appropriate regulatory bodies to drive standards higher.”

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TRICO ACQUIRES CHAMPION WIPERS

TRICO ACQUIRES CHAMPION WIPERS

Wiper blade manufacturer Trico has acquired the global  Federal-Mogul Motorparts wiper and wiper systems business.

READ: TENNECO ACQUIRES FEDERAL MOGUL

Adam Richards, European MD, Trico said: “This represents a fantastic and hugely exciting strategic opportunity to accelerate technology capabilities, expand global wiper manufacturing and distribution, and further strengthen our wiper blade and wiper system capabilities.

“Both the Champion and Trico brand remain available to the aftermarket – at the moment it’s “business as usual” with FM distribution centres §continuing to supply Champion products, however we are working hard on integration plans for our existing UK facility and will be in touch with all customers with further information soon.”

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KLARIUS DIRECTORS FACE COURT

A charge of fraud  has been brought against five directors of Klarius by DVSA. The charge relates to the sale of non-approved catalytic converters between 2013 and 2015.

The directors entered a ‘not guilty’ plea at a short hearing in Manchester Minshull Street Crown Court on April 1st.

The case has been listed for trial on November 18 2019.

 

 

 

 

 

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PEOPLE NEWS: CROXSON REPLACES SEPHTON AT THE PARTS ALLIANCE

PEOPLE NEWS: CROXSON REPLACES SEPHTON AT THE PARTS ALLIANCE

The Parts Alliance has announced that its Chief Financial Officer, Neil Croxson has been appointed to the position of President and Chief Operating Officer, effective immediately. Croxson succeeds Peter Sephton who will be retiring after a three-month transition period.

READPARTS ALLIANCE TAKEOVER: UNI SELECT DEAL COMPLETED

“I would like to thank all my colleagues in The Parts Alliance, Uni-Select, suppliers and other industry professionals who have helped our journey to build a market leader, and I wish Neil and the team the best of luck in what will be a great onward journey,” said Peter Sephton.

READ: THE PARTS ALLIANCE ACQUIRES BBC SUPERFACTORS

Croxson joined The Parts Alliance as CFO in 2015 and has expanded the network through acquisitions and the opening of 15 company-owned stores. He has worked in close collaboration with Peter Sephton to deliver the group’s financial strategy and increase market coverage in the U.K. and Ireland.

“I am honoured to be taking on this new role,” said Croxson. “We had an excellent performance during our first full-year under the Uni-Select umbrella, and under Peter’s leadership, we implemented strong foundations to enable us to capture future market opportunities. I look forward to building on this momentum.”

Neil Croxston

Peter Sephton

An Interim CFO at The Parts Alliance will be named until the position is filled.   

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PEOPLE NEWS: NEW CEO AT DIGRAPH AS SUKHBIR KAPOOR STEPS DOWN

PEOPLE NEWS: NEW CEO AT DIGRAPH AS SUKHBIR KAPOOR STEPS DOWN

CV factor chain Digraph has announced a change in its leadership, as Sukhbir Kapoor has announced his intention to step down as CEO, citing health considerations.

The Board of Directors have unanimously selected former MD James Rawson as chief executive officer with immediate effect. Kapoor will spend the next two months supporting the business.

READ: SUKHBIR APPOINTED CEO OF DIGRAPH

Kapoor joined Digraph from Euro Car Parts in 2018 and during his tenure the company has undergone rapid growth with the addition of eight new branches and one acquisition joining the original 14 sites.

READ: DIGRAPH ACQUIRES EUROPARTS OLDBURY

Kapoor said: “It has been a privilege to have been working for Digraph during this transformational phase of the company’s development and I’m certain that James will lead the business to even greater heights.”

Rawson said: “It’s great to be back with such a talented team of colleagues old and new. I would like to thank Sukhbir for his stewardship and assistance which will ensure a seamless transition.”

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AAUK ACQUIRES WHITEHAVEN FACTOR

AAUK ACQUIRES WHITEHAVEN FACTOR

The British arm of Alliance Automotive Group, AAUK, has resumed it’s buying spree with the acquisition of Whitehaven-based A&B Autoparts Ltd.

The single-branch light vehicle factor was an existing member of GroupAuto and had been run by the Farragher family since 2002.

Terms of the deal have not yet been disclosed.

READ: AAG MAKES MAJOR ACQUISITION OF 150 BRANCH DISTRIBUTOR

READ: AUTOQUIP MIDLANDS TAKEN OVER BY AAUK

A&B Autoparts now owned by AAUK

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AAG ACQUIRES MAJOR EUROPEAN DISTRIBUTOR

AAG ACQUIRES MAJOR EUROPEAN DISTRIBUTOR

Alliance Automotive Group (AAG) has agreed to acquire Netherlands-based PartsPoint Group. 

PartsPoint Group, currently a subsidiary of family-owned AutoBinck, has activities in the Netherlands and Belgium. It operates a network of 150 branches under the network banners of Brezan, Staadegaard-TC and Dabeko. The company also serves 60 independent wholesalers through its national and regional distribution centres. It has annual revenues of approximately €300 million.

Jean-Jacques Lafont, CEO of AAG said “PartsPoint has a leading market position in the two key European markets of The Netherlands and Belgium markets which are contiguous to our existing operations. It is run by a superb management team which I am sure will develop further growth opportunities in its markets. We are pleased that the PartsPoint management team is committed to staying on board to lead the company into this next phase of its development”. 

Cor Baltus, CEO of PartsPoint said “We are grateful to AutoBinck which supported us during our rapid expansion. With their trust and confidence, we have been able to relaunch the business since 2013. We are pleased to become a part of one of the leading aftermarket groups in Europe which will enable us to continue to grow and to invest in marketing, IT and product development to service our customers even better in the years to come”. 

The transaction is subject to customary closing conditions including the relevant regulatory approvals and consultation with unions. 

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