business news

New appointment at Glass’s

Jayson Whittington has been appointed to the newly created role of manager of commercial vehicle and leisure valuations at Glass’s. The new position will cover all commercial and leisure vehicle […]

Axa profits up 2.3%

Axa’s first-half profit rose 2.3 per cent, helped by higher life-insurance earnings in the U.S. and France. In a statement released by France’s largest insurer, profits climbed to 3.08 billion […]

Service King acquires Cathedral City Collision

Service King Collision Repair Centers, a multi-state operator of collision repair centers and one of the fastest-growing collision repair companies in the US, announced continued expansion in the southern California […]

New appointment at BEKO TECHNOLOGIES

BEKO TECHNOLOGIES is pleased to announce that Paul Mucklow has been appointed aftermarket manager for the UK and Ireland. Paul will be responsible for growing the service department, assisting the […]

RAC and Lex Autolease form alliance

Small and medium-sized enterprises (SMEs) are being promised a better deal with handling their company cars thanks to a new alliance between the RAC and leasing specialist Lex Autolease. The […]

Profits up at Moneysupermarket

Price comparison website Moneysupermarket reported a 44% rise in profits to £30.2million in the six months to the end of June. The firm, which also owns finance website Moneysavingexpert.com, said […]

Honda’s profits jump 20%

Japanese carmaker Honda’s profit jumped 20% in the first quarter thanks to strong sales in its biggest market, North America, and cost-cutting measures. Its net profit rose to 186bn yen […]

Zurich comments on RSA offer

Zurich Insurance Group has said that any offer it might make for British rival RSA would likely be in cash, a day after it said it was evaluating a potential […]

VM’s start manufacturing venture in Mexico

Five years after their strategic cooperation was established, Daimler and the Renault-Nissan Alliance have significantly expanded their collaboration with the start of a manufacturing joint venture in Aguascalientes in central […]

VW overtakes Toyota’s global sales

Volkswagen overtook Toyota as the world’s largest carmaker in terms of sales in the first half year, achieving its long-held ambition three years ahead of target. But remaining on top […]

Nationwide acquires JCC

Nationwide Accident Repair Services (NARS) and Just Car Clinics Group (JCC) announced today that they have agreed terms for Nationwide to acquire JCC for a cash consideration which values JCC […]

Ferrari files for US stock exchange

Italian supercar creator Ferrari has applied to list its shares on the New York Stock Exchange. It will have a value of ‘at least’ €10bn (£7.1bn) when it is floated, […]