CMA

Drivers still paying tax on stolen vehicles

A Freedom of Information (FoI) request to the Driver and Vehicle Licensing Agency (DVLA) by Claims Management & Adjusting (CMA), has revealed that 17,086 UK motorists are still paying tax […]

Burglaries drive vehicle theft increases

A Freedom of Information (FoI) request to Nottinghamshire Police has revealed that 21.93% of stolen cars are taken in relation to a burglary or robbery. This equates to over 28,500 […]

CMA calls for swift action to address fuel prices

Fuel retailers can expect to come under greater scrutiny after a new report from the Competition and Markets Authority (CMA) called for a new ‘fuel monitor’ oversight body to ensure […]

Copart acquisition of Hills gets green light

Copart has been given the provisional green light to continue its proposed acquisition of Hills Motors. The deal was put on hold by the Competitions and Markets Authority, pending an […]

Vehicle theft bill soars to £1.54bn

Claims Management & Adjusting (CMA), the UK’s oldest specialist motor insurance loss adjuster, estimates that vehicle thefts are now costing UK insurers £1.54bn a year, with a further decline reported […]

Diesel prices beginning to tumble

Retailers and supermarkets have cut the price of diesel since the Competition and Markets Authority (CMA) expressed concern of weakening competition in the retail fuel market. According to the RAC, […]

Car thefts near 100,000 in a year

A Freedom of Information request to The Driver and Vehicle Licensing Agency (DVLA) by Claims Management & Adjusting (CMA) has revealed the total number of vehicle thefts in the UK […]

Insurance payouts slow to snails pace

Analysis by Claims Management & Adjusting (CMA) has found that car theft victims are frequently waiting more than seven days longer for insurance payouts due to the new National Police […]

CMA investigating fuel retail market

A review by the Competition and Markets Authority (CMA) has found that fuel retailers raised prices quickly in line with higher wholesale costs but were slow to reduce them again […]

IAA completes Synetiq acquisition

IAA has completed the acquisition of Synetiq for £225m after receiving clearance from the UK’s Competition and Markets Authority. The businesses were previously required to be held separate under an […]

Volvo unveils global electrification strategy

Volvo has announced one of the automotive industry’s most comprehensive electrification strategies in which plug-in hybrids will be introduced across its entire range. It will develop an entirely new range […]