Tag Archive | "Euro Car Parts"

CMA LATEST: CERTAIN ANDREW PAGE BRANCHES ‘DAMAGE COMPETITION’

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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

 

 

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

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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)

PAGID AWARDS WORKSHOP WITH £10,000 UPGRADE

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PAGID AWARDS WORKSHOP WITH £10,000 UPGRADE


PROMOTION ARTICLE ON BEHALF OF PAGID

Pagid, the UK’s biggest braking brand and part of TMD Friction, has awarded a UK workshop a £10,000 upgrade, through its Workshop Winners campaign, which took place this summer.

ABP Motorsport’s Chris Meredith entered the Workshop Winners competition after purchasing Pagid brake parts from his local Euro Car Parts. After over 12,500 entries, Chris was drawn as the grand prize winner.

Chris was presented with the cheque for £10,000 by Head of UK Sales for TMD Friction Nick Hayes and Euro Car Parts Marketing Director, Bill Stimson.

The cheque allows ABP Motorsport to choose from the biggest range and best workshop equipment from Euro Car Parts Workshop Solutions – with Pagid picking up the tab.

Chris Meredith, Managing Director of ABP Motorsport, commented:

“I’ve been purchasing Pagid for over six years now. They were the first to coat their brake discs to prevent corrosion when standing still. I admire the OE quality, availability and the premium packaging. Our customers appreciate the way they look too.

“Lots of our equipment here at ABP needs upgrading, especially our MOT bay. The money will help us to make the necessary improvements and will kick start our bigger plans to make substantial investments to benefit our team and loyal customers.”

There have been many more winners in the Workshop Winners campaign too, with instant wins including 18-piece pneumatic wind back toolsets, 10-piece pro brake toolsets, Workshop Winners t-shirts and A3 retro signs.

Sylvie Layec, Sales Director, IAM at TMD Friction, commented:

“Workshops across the UK are working tirelessly day in, day out to serve their customers. Through our Proud to Fit garages, we already reward hard-working mechanics, but this summer we wanted to go one step further.

“Through the £10,000 ABP Motorsport has won, we expect to see a significant impact that will reward the garage for all their hard work. We are looking forward to seeing the effect this prize will have and the upgrades they make.”

Pagid will continue to support and reward UK garages with further promotions throughout the year. Keep up to date by visiting pagid.com and signing up to the newsletter.

Posted in Braking, Featured Sidebar, Industry InsightComments (0)

WHAT WILL AUTONOMOUS CARS MEAN FOR GARAGES?

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WHAT WILL AUTONOMOUS CARS MEAN FOR GARAGES?


Euro Car Parts CEO Martin Gray

We live in a time of regular announcements about trials of connected autonomous vehicles as manufacturers race to be first to offer self-driving cars. And the government, Automotive Council UK and other bodies are fully committed to making sure the UK is at the forefront of autonomous technology, with a supply chain able to deliver it.

While we may be a few years from when cars will drive occupants to their destination, one thing is for sure; modern cars are getting ever more sophisticated. Indeed, some automotive observers have remarked there will be more technological change in the next 10 years than there has been in the past 100.

In fact, connected technology is already with us, with such systems as adaptive cruise control, automated city braking and lane departure – a sign that Advanced Driver Assistance Systems (ADAS) are growing in number and intricacy. Even simple components, such as automatic full beam units, require technicians to acquire new skills and garages to invest in new equipment to replace windscreens, because systems need re-calibrating before returning a car to its owner.

Cars are also sophisticated in the way they alert a service is due and help an owner identify and reach the nearest garage to book an appointment. This is the brave new world made possible by the major advances in technology and presents a host of new business opportunities for the independent garage.

Consumers deserve and need choice in the market place and the aftermarket sector can continue to provide a great value, high quality, customer- focused solution in a technologically-changing world. With the right training and investing in key equipment, independents can realise a new range of business options.

“That’s why no matter how sophisticated the modern car will become with autonomous abilities, the essential nature of servicing and maintenance required remains the same. That’s why an entrepreneurial approach and ‘can do’ attitude mean the connected car of tomorrow will be welcomed at the forward-thinking independent garage of today.”

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ECP SIGNS DEAL WITH CLICKMECHANIC

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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.”

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DONE DEAL: SUPPLIERS SECURE LOCATIONS

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DONE DEAL: SUPPLIERS SECURE LOCATIONS


Three aftermarket firms have added to their networks.

■ Factor chain Euro Car Parts has agreed a ten-year lease for its new 20,700 sq ft warehouse, situated at the Cross Green Industrial Estate in Leeds. The location overlooks Pontefract Lane (A3), providing connections to the East Leeds Link Road and direct access to Junction 45 off the M1.

“We are pleased to have secured Euro Car Parts as a tenant for this highly prominent scheme”, said Mike Baugh, Senior Director of Industrial Agency at CBRE Leeds, “Solvgrin [the site developer] has constructed a very attractive unit at this gateway to Leeds”, adding that the organisation will construct a further 6,000 sq ft industrial unit adjacent to the supplier’s facility.

■ Tyre brand Michelin has invested £10m for its logistics operation in Stoke-on-Trent, with the opening of a new distribution centre in July. The upgrade also includes a new distribution centre for ATS Euromaster – where both units will store and deliver up to five million tyres between them per annum. The two sites combined have doubled its logistics team to around 150 staff in order to satisfy this growing demand.

Richard Whitehurst, Service to Customer Manager at Michelin Tyre, said. “The transformation of our logistics operation will allow us to improve service and ensure greater product availability”. In addition to this, the firm is stepping up manufacturing capacity at its Campbell Road headquarters in Stoke-on-Trent by launching another tyre production facility. The warehouse will open at the end of November allowing the manufacturer to produce up to 1,100 tyres a day.

■ Meanwhile,Ecobat Technologies has moved to a 15,000 sq ft premises in Bristol. “We needed to move to a property that will allow the business to continue to develop and provide support for our customers” concluded a statement from the firm.

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ECP IN FRESH ASA RAP OVER ‘MISLEADING’ CAMPAIGN

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ECP IN FRESH ASA RAP OVER ‘MISLEADING’ CAMPAIGN


ECP’s email marketing attracts ASA ruling

A promotional email sent out by Euro Car Parts last Christmas has been found to be ‘misleading’ by the advertising watchdog in a ruling published today (June 21).

An email was sent with the text: “Up to 69 percent off. Use code: XMAS”. However, three complainants who believed only one product had the full 69 percent discount, challenged whether the ad was misleading.

In response, ECP said that 10,378 products in the promotion received a discount of 69% or more and that this amounted to 11% of the total promoted stock. They explained that each product had a ‘Was’ price which was the price that Euro Car Parts regarded as their normal retail price for the product, and which had previously been charged either online or in stores. There was also a ‘Now’ price which was the price available to customers on that day without using the promotional code. They provided price history data for ten randomly selected products. They said the individual discount available on each featured product was revealed when the consumer used the ‘XMAS’ discount code at the checkout.

The ASA ruled against ECP. “We noted the discount applied to a price that had previously been charged either online or in stores, and that, when the discount was worked out against the price which was available to customers on that day without using the promotional code, the discount consumers actually received was significantly lower than the one being advertised. For example, a washer that had previously been sold at £0.38, and on that day was being sold for £0.12, was reduced to £0.08 once the code was entered. The advertised discount for that product was 79%, whereas the discount against the price on the day was 33%”.

The ASA told ECP ‘to ensure they did not exaggerate the savings available when making “up to” claims and to ensure that consumers were provided with information about the discount available on specific products on the relevant product pages’ and the promotion can’t run again in the same form.

This latest ruling is the third brush with the ASA that ECP has had in just over a month. Previously, the company were found to have another ‘misleading’ email promotion over the price of oil, but were cleared over a separate complaint on a separate TV commercial.

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ARLEIGH INTERNATIONAL ACQUIRES A.S.A.P SUPPLIES

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ARLEIGH INTERNATIONAL ACQUIRES A.S.A.P SUPPLIES


Arleigh International Ltd, a Euro Car Parts company, announced today the acquisition of marine distribution specialist A.S.A.P. Supplies Ltd. Based in Suffolk, A.S.A.P. is one of the UK’s largest stockists of marine equipment and spare parts.

Established in 1989, A.S.A.P. provides a huge breadth of marine products for customers’ maintenance, repair and overhaul projects. A.S.A.P.’s offerings are supported by a highly-skilled customer service team that provide guidance across its vast product mix of more than 70 trusted brands.

Arleigh International was itself acquired by ECP in August last year along with the Nova Leisure and Midland Chandlers brands. The brands are among the largest in the touring and leisure boating sectors.

Martin Gray, CEO of Euro Car Parts, said: “A.S.A.P Supplies is a complementary fit with Arleigh and is a further enhancement of Euro Car Parts’ Specialist Products Division. This agreement further cements Arleigh as the market-leading distributor of products to the UK caravan, leisure and marine markets.

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ECP – ANDREW PAGE LATEST: COMPETITION AUTHORITY DEADLINE TONIGHT

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ECP – ANDREW PAGE LATEST: COMPETITION AUTHORITY DEADLINE TONIGHT


 

The CMA (Competition and Markets Authority) has said that Euro Car Parts’ buyout of Andrew Page faces an ‘in-depth merger probe’, unless it ‘offers acceptable ways of addressing competition concerns’ by the end of today (Wednesday May 17).

ECP needs to come up with proposals to resolve the competition concerns. If it does not offer anything, or if the CMA is unable to accept undertakings offered, the merger will be referred for a ‘phase two’ investigation that is substantially more in depth and will take 24 weeks.

At the end of this period the CMA must rule whether the merger can go ahead, and if not, what can be done in the interests of a competitive market.

This follows from last year’s takeover of Andrew Page by ECP on the day that the former went into administration.

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‘MISLEADING’ ECP OIL PROMOTION IN ASA RAP

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‘MISLEADING’ ECP OIL PROMOTION IN ASA RAP


Euro Car Parts has earned itself a rebuke from the advertising watchdog following an email campaign promoting discounted oil.

A complainant challenged whether the claim “EXTRA 50% Off All Oils” was genuine and could be substantiated, because they believed Castrol Engine Oil Edge FST 4ltr was not 50 percent cheaper.

In reponse, Euro Car Parts Ltd said they had sold the Castrol Engine Oil Edge FST 4ltr at various prices during 2016. The lowest price had been £36.48 and the highest price the oil had been sold for was £64.32. They provided copies of invoices to show sales for each different price charged throughout the year. Euro Car Parts said the advertised extra 50 percent off promotion lasted for four days and the oil was priced at £64.32 for two weeks prior to the four-day offer and for six weeks after the promotion had ended.

However, the ASA was not impressed with ECPs argument. The ruling from the Authority read: “We understood that the Castrol Engine Oil had been sold throughout 2016 at various prices between £36.49 and £46.99 up until two weeks before the promotion began, when the price increased to £64.32. During the advertised promotional period, we understood that it was priced at £32.16, which was half the £64.32 at which it had been priced for the previous two weeks. We had not seen any evidence of the number of sales at each price, but given the short period of time at which it had been priced at £64.32 compared to the other lower prices, we did not consider that to be the usual selling price”.

 

The factor can’t repeat the promotion and has been told to ‘ensure their future savings claims were not misleading’.

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