Archive | Garage News

IAAF CONFERENCE: WILLIAMSON’S WARNINGS ON  BREXIT AND ACCESS TO INFORMATION

IAAF CONFERENCE: WILLIAMSON’S WARNINGS ON BREXIT AND ACCESS TO INFORMATION

The Chief Executive of the IAAF has opened the annual conference with warnings on a number of industry topics including the EU negotiations and VMs infringing on independent garage’s  right to repair.

On the subject of Brexit she warned: “If the deal is rejected the we will all be entering into the unknown”

Speaking about access to information, Williamson noted that several vehicle manufacturers have already deleted the OBD port, despite being obliged to keep it. She emphasised how keeping ‘three priorities’ on direct access to data as a live issue in the European Parliament by working with other trade organisations such as FIGEFA.

She noted that ‘many traditional parts won’t exist in the future’, adding that new entrant to the market such as Dyson and the rise of Chinese brands will be a significant challenge for the VMs. She concluded: “We will adapt and find new ways to find and service the vehicles of tomorrow”.

The conference continues.

 

Williamson opens 2018 conference

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GL MOTOR FACTORS ACQUIRED BY AAG

GL MOTOR FACTORS ACQUIRED BY AAG

Bolton-based GL Motor Factors, a single branch factor and retail shop, has been acquired by AAG.

The firm was an existing member of GROUPAUTO for years and won Factor of the Year in the coveted light vehicle category at the buying group’s award ceremony in Liverpool last month.

GL Motor Factors was incorporated in 2002 and had Mohammed Akhtar and various members of the Fazal family as Directors.  

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IRELAND’S J&S AUTOMOTIVE ACQUIRES ORIGO AUTOPARTS

IRELAND’S J&S AUTOMOTIVE ACQUIRES ORIGO AUTOPARTS

Ken Tannam, Origo and Alan Gaynor, J&S shake on the deal

Ireland-based parts supplier J&S Automotive has acquired at the autoparts division of tool supplier Origo.

Origo is part of the SISK group of companies and is known as a key supplier of Bosch branded product throughout Ireland.

Terms of the deal have not been announced, but the deal is described by J&S as an ‘important strategic step’.

J&S Automotive MD Alan Gaynor said: “By adding Origo Automotive to J&S Automotive,  we look forward to delivering an even better range of automotive parts and services.

 

 

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DUTCH TRADE BODY TALK BREXIT WITH IGA

DUTCH TRADE BODY TALK BREXIT WITH IGA

Dutch garage trade group BOVAG (BOnd Van Automobielhandelaren en Garagehouders)  – has completed a nationwide tour of British garages to discuss future working relationships ahead of Brexit.

The BOVAG team joined up with the Independent Garage Association (IGA) during the trip. The visitors gained insight into the management of British independent garage businesses and discussed issues affecting the industry including MOT testing and access to technical information. The groups also discussed Brexit and the implications for their working relationship.

Stuart James, Director of the IGA said: “This co-operation with our European colleagues is a positive step towards maintaining strong partnerships throughout and beyond the Brexit process.”

Meanwhile, Gerard ten Buuren, Chair of BOVAG’s Independent Garage Division, said the team “gained a tremendous amount” from the visit and is “delighted” to continue working alongside the IGA.

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DCS LEATHERHEAD BECOMES LATEST AAG ACQUISITION

DCS LEATHERHEAD BECOMES LATEST AAG ACQUISITION

Leatherhead-based Discount Car Spares has been acquired by AAG, parent company of the GroupAuto buying group.

The factor was established in 1989 and has two branches. John and Gary Syrett and Robert Herman were Directors.

DCS was an existing GroupAuto member and participated in group promotions, such as the AutoCare network. Last year the factor presented customer Shirley Garage with a prize for becoming the 600th member of the scheme.

The news follows last week’s announcement that AAG had acquired nine-branch Lloyds Motor Factors 

 

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TENNECO ACQUIRES OHLINS FOR $160m

TENNECO ACQUIRES OHLINS FOR $160m

Kenth Ohlin and Brian Kessler

Tenneco has signed a definitive agreement to acquire Ohlins Racing A.B. Total consideration for the deal, which is set to close in the first quarter of 2019 subject to shareholder approval, is approximately $160 million.

Ohlins is a Swedish premium suspension manufacturer, known for its high-end hardware often used in motorsport applications as well as in the consumer automotive market.

The deal further enhances Tenneco’s primary identity as a manufacturer and marketer of ride performance systems, as well as clean air solutions in the automotive industry. It comes amid a year of large acquisitions of high-profile brands for Tenneco – most notably its acquisition of US manufacturer Federal-Mogul on October 1st.

“I am delighted to welcome the Ohlins team as an important part of our new Aftermarket and Ride Performance company,” said Brian Kesseler, co-CEO of Tenneco. “Ohlins’ technology team will allow us to rapidly grow our product offerings for current and future customers, as well as help us win a larger share of business in developing mobility markets.”

Meanwhile, Ohlins founder Kenth Ohlin, who will continue in partnership with Tenneco to employ his technological vision, said: “We are excited to continue to deliver innovative technologies that can accelerate growth with the full strength and resources of Tenneco behind us.”

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LLOYDS MOTOR SPARES SOLD TO AAG

LLOYDS MOTOR SPARES SOLD TO AAG

Alliance Automotive Group has acquired the Wembley-based factor chain Lloyds Motor Spares (LMS). Terms of the deal have not been announced.

LMS can trace its history back to 1946. It has nine branches in West London and counts utility companies and the police among its fleet contracts. The chain currently employs 110 people and up until the acquisition counted John and Rod Hammond and Peter Benson among its Directors. It had previously been a member of the IFA buying group. 

The deal follows on from AAGs acquisition of a number of aftermarket brands over the last few months, including battery distributor Platinum International in October and Abergavenny-based Motorcare Motor Factors in July.

 

 

Discount Car Spares also acquired by AAG

 

Leatherhead-based Discount Car Spares has been acquired by AAG, parent company of the GroupAuto buying group. 

The factor was established in 1989 and has two branches. John and Gary Syrett and Robert Herman were Directors.

DCS was an existing GroupAuto member and participated in group promotions, such as the AutoCare network. Last year the factor presented customer Shirley Garage with a prize for becoming the 600th member of the scheme.

The news follows last week’s announcement that AAG had acquired nine-branch Lloyds Motor Factors

 

 

 

 

 

 

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ZAFIRA LATEST: 47,000 FURTHER CARS RECALLED

ZAFIRA LATEST: 47,000 FURTHER CARS RECALLED

Vauxhall has recalled a further 47,000 Zafira B models after a fault leading to sudden fires was discovered.

The fault relates to the thermistor ‘thermal fuse’ can overheat on cars fitted with automatic climate control.

In 2015, Vauxhall recalled 235,000 cars with manual heating controls. That recall was for a similar fault, although the initial ‘repair’ was unsuccessful, leading the VM to issue a further recall. At the time it was assumed that climate control models were not affected.

Initially the VM blamed the aftermarket for the fires, citing ‘improper repairs’ as the cause, going as far as to produce what it said were examples of re-soldered thermistors.

As scores more blazes followed it became apparent that the cause was a design error and Vauxhall bosses had to face a barrage of questions from a House of Commons Select Committee on why it took so long for the vehicles to be recalled.

Vauxhall will be working with the DVLA to notify registered keepers of all affected vehicles.

 

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SMPE TO GROW ENGINEERING TEAM

Standard Motor Products Europe (SMPE) has announced that it is developing a new ‘rapid prototyping facility’ at its Nottingham centre. The development forms part of a host of additional investments by the company into the centre, including doubling its engineering team and purchasing new testing equipment. SMPE said in a statement that the aim is for the site to become its engineering hub for product development, with the new facility enabling the company to ‘fast track’ new products and supply them to the UK aftermarket quickly. Richard Morley, Commercial Director for SMPE, said: “Through our investment in Nottingham, we have a specific focus on future technologies ensuring we continue to lead the market with the strongest OE-quality engine management programmes available. SMPE Nottingham is the hub of this development and we are growing our engineering expertise for the benefit of customers throughout the UK, continental Europe and further afield.” SMPE is also expected to increase development of the Intermotor and Lemark brands.

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MAGNETI MARELLI SOLD BY FIAT FOR €6.2bn

MAGNETI MARELLI SOLD BY FIAT FOR €6.2bn

Italian component manufacturer Magneti Marelli has been sold by Fiat-Chrysler (FCA)  for EU 6.2bn to a Japanese holdings company. 

The new owner is CK Holdings, which is a holding company of component supplier  Calsonic Kansei Corporation.

When the deal closes, CK Holdings will be renamed as Magneti Marelli CK Holdings. The companies say that combined businesses of Calsonic Kansei and Magneti Marelli will create the world’s seventh largest global independent automotive components supplier based on total revenues.

FCA has also agreed to a multi-year supply agreement that will further strengthen a ‘mutually beneficial’ relationship for both Magneti Marelli and the Fiat group’s model range.

The combined company will be led by Beda Bolzenius, currently CEO of Calsonic Kansei, based in Japan. Ermanno Ferr

ari, CEO of Magneti Marelli, will join the Magneti Marelli CK Holdings board.

Mike Manley, CEO of FCA, said: “The combined business will continue to be among FCA’s most important business partners and we would like to see that relationship grow even further in the future. The transaction also recognises the full strategic value of Magneti Marelli and is another important step in our relentless focus on value creation.”

Beda Bolzenius, CEO of Calsonic Kansei, said: “Together, we will benefit from complementary geographic footprints and product lines, while our respective customers will benefit from an increased investment in people, processes and innovative new products.”

Describing the events as ‘transformational’ Ermanno Ferrari, CEO of Magneti Marelli, said: “ This is a moment of great opportunity for all our people to be part of a secure, growing and independent company of considerable scale that can look to the future with energy, ambition and confidence.”

The transition is expected to complete in the first quarter of 2019, subject to the usual approvals.

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