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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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NO ‘BREXIT DIVIDEND’ EXISTS, SAYS SMMT CHIEF

NO ‘BREXIT DIVIDEND’ EXISTS, SAYS SMMT CHIEF

The Chief Executive of SMMT has spoken candidly about the issues facing the motor industry as Britain negotiates its exit from the European Union.

“Leaving is not what we wanted. For us, Brexit is about damage limitation. There is no ‘Brexit dividend’” Mike Hawes told an audience at the Society’s annual dinner on Tuesday night.

Pressing the need for parliament to pass the draft proposal bill, he said: We need a deal – now. And that deal must be ambitious for the future. We need frictionless trade with our most important market. Nothing less will do”.

Pressing home the message, he added. “This industry has always had political support – here and across the EU. Now, more than ever, we need that support. To avoid catastrophe; to give us breathing space, to deliver a competitive future. It’s time to decide”.

Business secretary Greg Clarke also addressed the room, and gave his support for the Prime Minister’s plans. “I remember being on the phone to Mike (Hawes)’s team for data on the way to Chequers and presenting it, and then on the phone to his team again the next morning to discuss what we agreed. It was central to the clear and unflinching objective that we set to secure frictionless trade on which this industry absolutely depends” he said.   

 

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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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EVANS SOLD TO SPORTS DIRECT IN PRE-PACK DEAL

EVANS SOLD TO SPORTS DIRECT IN PRE-PACK DEAL

Bike retailer Evans Cycles went into administration, only to be bought straight back out by Sports Direct.

The future of the retailer looked uncertain, as rival Halfords withdrew its bid to take it over, citing a desire to focus on expanding the Cycle Republic chain.

Trading has not been affected at Evans, although gift vouchers are ‘suspended’ and the status of the cycle to work scheme is unclear.

Gatwick-based Evans has a history stretching back to the 1920s, although in recent years the chain has expanded to 62 branches and 1,200 employees through the involvement of private equity. Sports Direct, the firm owned by Mike Ashley holds numerous other companies including department stores Lillywhies and House of Fraser and clothing brands including Firetrap, No Fear and Kangol.

Matt Callaghan, a partner at PwC and one of the administrators, commented:

“We are delighted to have secured a future for the business and employees of Evans. 2018 has been a very difficult trading year for the business, in part due to the impact of the extended winter weather, but also due to a lack of cash to invest in stores and develop the ecommerce platform. A combination of the associated losses, the capex requirements and tightening credit has led to a liquidity crunch”.

“Evans is a long-standing, well known and trusted brand with nearly 100 years of heritage in the cycling market. To have managed to preserve the business and transfer all staff to the purchaser is particularly pleasing.”

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POLICE ‘PAY AT PUMP’ SUGGESTION DRAWS ANGRY RESPONSE FROM PRA

POLICE ‘PAY AT PUMP’ SUGGESTION DRAWS ANGRY RESPONSE FROM PRA

A suggestion from Chief Constable Simon Cole of the National Police Chiefs’ Council (NPCC) that petrol stations should take money upfront in order to reduce instances of petrol theft (known as ‘bilking’) has met an angry response from Brian Madderson, Chair of the Petrol Retailers Association.

“Instead of ‘victim blaming’ petrol retailers, the police should be honest that they are struggling to deliver their commitment to reduce crime”, said Madderson,

Chief Constable Cole’s comments were interpreted by the PRA as needing to install card or app based devices that are regarded by the association as  ‘prohibitively expensive’, estimating the cost to retrofit petrol pumps at £20,000. However, it is common in many self-service countries to pay first and then the cashier will turn the pump on.

Mr Madderson went on, “The UK has seen a 40 percent reduction in filling stations over the past 15 years. Those remaining have developed their retail offer to better serve their customers, with many lost amenities from banks and post offices migrating into the store of petrol stations, particularly in rural areas.”

“Rather than lecturing the victims of crime, the government should be empowering responsible businesses to enforce the law where the police are too overstretched to intervene. One solution would be to give petrol retailers electronic access to the DVLA’s Vehicle Keeper database, so they can pursue drive-offs through the civil courts and ease pressure on the police”.

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