Archive | Latest News

REPORT: DIESEL CARS PRODUCE ‘MORE CO2 OVER LIFECYCLE’

REPORT: DIESEL CARS PRODUCE ‘MORE CO2 OVER LIFECYCLE’

Two years after the emissions scandal, a new study by Brussels-based  thinktank Transport & Environment (T&E) claims that diesel cars not only pollute the air but also emit more CO2 over their lifetime than petrol cars. A lifecycle analysis of vehicle emissions proves that diesel cars over its lifetime emit 3.65 tonnes of CO2 more than a petrol equivalent.

The group claims that the  higher climate impact is due to a mix of more energy-intensive refining of the diesel fuel; more materials required in the production of heavier and more complex engines; higher emissions from the biodiesel blended in the diesel fuel; and controversially, a claim that derv-powered cars cover a greater mileage ‘because fuel is cheaper’.

Julia Poliscanova from the group said: “The legacy of Dieselgate are the 37 million grossly polluting diesel cars still on Europe’s roads. While some of them will be taken off German roads, these dirty cars will soon end up in Central and Eastern Europe choking citizens there. We need concerted and coordinated action EU-wide to ensure these cars stop belching toxic fumes for another 10-15 years. It is time for the carmakers to take responsibility for their clean up and cash out for the local measures to tackle the urban air pollution crisis they have largely caused.  National vehicle regulators must ensure this happens or the European Commission step in and sort out the mess.”

Posted in Factor & Supplier News, Latest News, NewsComments (0)

BREAKING: THE PARTS ALLIANCE ACQUIRES BBC SUPERFACTORS

BREAKING: THE PARTS ALLIANCE ACQUIRES BBC SUPERFACTORS

Business group The Parts Alliance has acquired long-term affiliate member BBC Superfactors.

The seven-branch chain was established thirty years ago by Gary Shulman and Peter Rostron and initially covered the Blackburn, Bury and Chorley areas, hence the name.

“Combining the dedication of our loyal staff team with the expertise of The Parts Alliance has proved to be a winning formula for us over several years,” said MD Gary Shulman.  “We’re excited to now strengthen this relationship to ensure our business continues to thrive long into the future.”

“Since joining The Parts Alliance in December 2012, BBC have posted consistent double-digit annual sales growth and have invested to achieve industry-leading service levels. We are very pleased to welcome our BBC colleagues in the team,” stated Peter Sephton, President and CEO, European Automotive Group.

File pic of team at Blackburn branch

“This acquisition strengthens our position in the UK market and underlines The Part Alliance’s capability of driving growth both organically and through acquisitions,” added Henry Buckley, President and CEO of the PA’s Canadian parent company, Uni-Select.

Posted in Factor & Supplier News, Garage News, Latest News, News, special newsComments (0)

CMA LATEST: CERTAIN ANDREW PAGE BRANCHES ‘DAMAGE COMPETITION’

CMA LATEST: CERTAIN ANDREW PAGE BRANCHES ‘DAMAGE COMPETITION’

The Competition and Markets Authority (CMA) has provisionally found that the purchase by Euro Car Parts of much of the Andrew Page business could ‘damage competition in 10 local areas’.

Euro Car Parts bought most of Andrew Page in October 2016, after the latter went into administration. Following a complaint, a group of independent panel members at the Competition and Markets Authority (CMA) has investigated the merger. The group identified 10 local areas in England where the two companies were close competitors and where the merger could result in reduced competition for local customers, leading to higher prices or a lower quality of service.

The 10 areas mentioned in the draft are:

  • (a) Blackpool;
  • (b) Brighton;
  • (c) Gloucester; 
  • (d)  Liphook;
  • (e)  Scunthorpe;
  • (f)  Sunderland;
  • (g)  Swindon;
  • (h)  Wakefield;
  • (i)  Worthing; and
  • (j)  York.

The group did not consider that national or multi-regional customers would be adversely affected by the merger.

Professor Alasdair Smith, Inquiry Chair, said: “Andrew Page was in administration and would have closed down if a purchaser had not been found. The only two other purchasers would have bought a much smaller number of depots. We think that in most markets the merger will not further reduce competition compared to the alternative. However, in 10 local areas we are concerned that a reduction in competition could lead to higher prices and a lower quality of service.

In addition to the summary of provisional findings and the provisional findings report, a notice of possible remedies has been issued today, which outlines the measures the CMA could take if it still believes the merger would reduce competition when it makes its final decision. This identifies that competition could be maintained if Euro Car Parts sells depots in the 10 affected areas.

Anyone wishing to respond to the notice of possible remedies should do so in writing by no later than 28 September 2017. Anyone wishing to respond to the provisional findings should do so in writing, by no later than 5 October 2017.

More on this fast-moving story as soon as we get it – Ed

 

 

Posted in Factor & Supplier News, Garage News, Latest News, News, special newsComments (20)

SUKHPAL AND LKQ: ‘SIGNIFICANT INVESTMENT’ IN HGV FACTOR CHAIN

SUKHPAL AND LKQ: ‘SIGNIFICANT INVESTMENT’ IN HGV FACTOR CHAIN

Truck part supplier Digraph Transport Supplies has been acquired in a joint deal between LKQ Corporation and Sukhpal Singh Ahluwalia. Terms of the deal have not been disclosed.

The move is significant as it marks the first time that both the founder of Euro Car Parts and the corporation that now own it have embarked on a deal as joint investors.

14-branch Digraph will retain all current employees and James Rawson will remain as MD. Rawson has also made an investment in the business.

CAT spoke briefly to Sukhpal to confirm the deal had taken place. He said that the ‘fragmented’ state of the HGV parts market lead it to being an area considered for expansion into for some time and that Digraph was the best fit in terms of matching ECPs ‘sales and customer service ethic’.

In a statement to his team, James Rawson said: “This investment will enable Digraph to access to the resources we need to grow the business and implement our expansion plans. We will work closely with ECP to enhance customer service levels. I am thrilled to be working with Sukhpal and taking up the challenge of extending the Digraph service to customers throughout the UK.”

In related news, Sukhpal has extended his three-year contract with ECP, retaining his position as Executive Chairman.

 

 

Posted in Factor & Supplier News, Latest News, latest news, News, Retailer News, special news, UncategorisedComments (0)

AUTOMECHANIKA BIRMINGHAM 2018 LAUNCHED

AUTOMECHANIKA BIRMINGHAM 2018 LAUNCHED

The preparations for next year’s Automechanika Birmingham are underway, with Show Director Simon Albert confirming that ‘over 300’ exhibitors have signed up so far.

Following a summer of touring the country and talking to exhibitors, the organisers are planning a number of new initiatives for the show. “One of the main things is improved networking” said Albert. “For exhibitors we are going to have a ‘facilitated meetings’ programme, so you can make appointments to have meetings with visitors on your stand”. He added that the event will host a network evening, where exhibitors and certain visitor groups can talk shop with each other.

2018 will also see a renewed focus on workshops. “We are also looking at garages, and we have had a lot of requests asking that the event caters more for them, so we are extending opening hours one evening, as we are aware that shutting their businesses early or all day is a barrier” said Albert. “Plus, garages will have their own dedicated hall, Hall 19. They can meet all of the tools and equipment manufacturers and they can certainly get a good return on investment on their day”.

Following the 2018 show, the orgainisers have announced plans to make the show a biennial event. Keep a lookout for the October CAT for more info.

Posted in Factor & Supplier News, Garage News, Latest News, latest news, News, Retailer NewsComments (0)

AAG MAKES FURTHER ACQUISITION

AAG MAKES FURTHER ACQUISITION

Alliance Automotive Group (AAG), the parent company of GroupAuto, has acquired one of Germany’s largest independent factors. Terms of the deal have not yet been announced.

Klapper is a full-line motor factor with its headquarters in Bünde and supplies over 1,000 customers, most of which are independent garages. The  East Westphalia company generates turnover of over €7 million. The deal follows the acquisition of three other factor chains in the West of the country, strengthening AAG’s position.  Klapper CEO, Andreas Klapper will retain his position under the new ownership.

“We are delighted to welcome Klapper Autoteile GmbH Co. KG as the newest member of the AAG organisation,” added Jean-Jaques Lafont, CEO and co-founder of AAG. “With now four companies in Germany – Coler, Busch, Büge and Klapper –, we have established a successful network in the west of the country and intend to continue this growth strategy across the rest of Germany.”

AAG is headquartered in London and is itself part of the Blackstone equity group.

 

 

Posted in Factor & Supplier News, Latest News, News, special newsComments (0)

CAR HISTORY SERVICE CLEARED IN ASA INVESTIGATION

CAR HISTORY SERVICE CLEARED IN ASA INVESTIGATION

Vehicle history website motorcheck.co.uk offered a car history checking service that stated the user could ‘save 40 percent on car checks’ compared with Experian or HPI.

HPI complained that the claim couldn’t be substantiated, however the Authority ruled that it could be. A statement in the ruling read: “The ASA considered traders would interpret the ad to mean that, if they ran 20 vehicle checks per month with MotorCheck, they would make a minimum 40% saving compared with running similar checks with HPI”.

“We noted that part of the basis of Cap HPI’s complaint was the contractual requirement that HPI’s customers were not permitted to share details of the cost of HPI’s products with competitors. They therefore questioned how reliable the evidence MotorCheck relied on to support the claim was likely to be. We noted, however, that MotorCheck had been sent the pricing information direct from HPI following an anonymous enquiry. We had no reason to think that this would not be a valid reflection of the cost of HPI’s products. When drawing up the comparison, MotorCheck had taken into account the one-off joining fee charged by Cap HPI (as traders who were not currently with Cap HPI would need to pay it). They had incorporated that into the price comparison in the first month and then had listed a separate comparison for the subsequent months in which the joining fee did not need to be paid (as traders would only pay the joining fee once)”.

No further action is required.

Posted in Factor & Supplier News, Garage News, Latest News, latest news, NewsComments (0)

ECP SIGNS DEAL WITH CLICKMECHANIC

ECP SIGNS DEAL WITH CLICKMECHANIC

Factor giant Euro Car Parts has signed a supply agreement with online aggregator ClickMechanic.

The deal means that the aggregator’s client base of mobile technicians and independent garages can take advantage of the pricing of a national account.

Andrew Jervis, Co-Founder of ClickMechanic, said: “We are truly excited to offer the benefits of this agreement to our mechanics and, in turn, grow their businesses. Supporting the UK’s mechanics is a core fundamental of ClickMechanic, and working with Euro Car Parts will deliver better value for money, service offering and parts accuracy for our members.”

Martin Gray, CEO of Euro Car Parts, said: “We are committed to delivering an outstanding range and service to all workshops throughout the UK and working with ClickMechanic is another step in that direction.”

Posted in Factor & Supplier News, Garage News, Latest News, News, Retailer NewsComments (0)

NEWS: IMPERIAL HOLDINGS ACQUIRES PENTAGON

NEWS: IMPERIAL HOLDINGS ACQUIRES PENTAGON

South Africa-based Imperial Holdings Limited has acquired dealer group Pentagon. The buyout was made through Imperial’s Motus subsidiary though terms have not been announced.

Pentagon, established in 1991 by its current Chairman, Trevor Reeve, has grown steadily from an initial Vauxhall franchise base to represent leading car and van manufacturers, Peugeot, Seat, Mazda, Citroen, Kia, Renault, Nissan, Fiat, Alfa Romeo, Jeep and Mitsubishi. The group employs 1,262 people, 46% of those have been with the business for 5 years or more.

Existing management will remain throughout Penatgon ‘for a transitional period’ to ensure integration with Imperial’s existing vehicle business. The Pentagon name will remain.

Commenting on the transaction, Mark Lamberti, Group Chief Executive Officer of Imperial said, “We are delighted to expand our international retail footprint into the passenger and light commercial vehicle market in the UK through the acquisition of Pentagon.”

Imperial Holdings Limited is not to be confused with the similarly-named Imperial Automotive Limited.

Posted in Factor & Supplier News, Garage News, Latest News, News, special newsComments (0)

REMY: EUROPEAN EXPANSION PLANED BY NEW OWNER

REMY: EUROPEAN EXPANSION PLANED BY NEW OWNER

A new group has been formed to help remanufacturing brand Remy expand across Europe.

The new group, known as BPI Group Europe combines Remy with Brake Parts Inc. Europe. The division plans to expand the brand with new product offerings under the Remy brand.

“While the company’s name has changed, our customers can continue to count on the trusted Remy brand now and in the future” said Zoltán Király, President and Executive Director, BPI Group Europe.

Remy was acquired by Brake Parts Inc. from Borg-Warner in 2016.

Posted in Latest News, NewsComments (0)

Advertisement
  • What do connected cars have in store for the aftermarket?
  • Battery Store: What are suppliers planning this winter?
  • Suspension, spark plug and charger plants visited

more info

    • 'Electric vehicles will disrupt the aftermarket as we know it' Agree?

      View Results

      Loading ... Loading ...
    • Popular
    • Latest
    • Comments
    • Tags
    • Subscribe