ARC360 event to deep dive into EV data
Derren Martin, Director of Valuations at cap hpi, is set to shed light on the evolving dynamics of the electric vehicle (EV) parc at the forthcoming ARC360 specialist EV event.
Taking place on 4 July at the manufacturing Technology Centre, Coventry – Derren’s data-driven session will explore how the UK vehicle parc is evolving, highlighting what this has meant for used EV values over the last, tumultuous few months and what this may lead to for vehicle valuations in the future.
GT Motive and Davies confirm new collaboration
GT Motive has announced a new partnership with Davies which will see the two organisations share insights, technology and expertise to develop a more streamlined claims and estimating service.
UK automotive industry in ‘recovery mode’
The latest car market overview produced by cap hpi has revealed an automotive industry in recovery mode.
The Society of Motor Manufacturers and Traders (SMMT) found that sales in April were up 11.6% on the same month last year, while sales for the first four months of the year are 16.9% higher than in 2022.
Demand for used cars also remains healthy, with retailers reporting a stronger than expected demand in the first three months of 2023.
Manufacturing moving in right direction
Car manufacturing increased for the third month in a row in April with the Society of Motor Manufacturers and Traders reporting a 9.9% increase to 66,527 units.
Meanwhile, commercial vehicle output is nine per cent up year-to-date after a 33% surge in April to 10,504.
Thatcham Research shines light on headlamp repairs
Thatcham Research has underlined the growing need to repair rather replace headlamps in its new Headlamp Repair Guide.
Based on in-depth analysis of vehicle headlamp specifications, complexities, technologies, and typical damage, the new guide consolidates repair options in one place, and identifies key components often suitable for repair.
BASF updates sustainability strategy
BASF is updating its sustainability assessment method TripleS (Sustainable Solution Steering) to accelerate and enhance its commitment to the climate. As part of this, it is now re-evaluating all its 45,000 products.
2030 target ‘too much, too early’
The National Franchised Dealers Association has warned that the government’s target toend the sale of new petrol and diesel cars and vans by 2030 is ‘too much, too early.’
It has called for a more ‘balanced’ incremental increase in electric cars and vans, and said continued government support for the switch to electrification is critical to buyer demand.
IMI predicts ticking ADAS time-bomb
A new report from the Institue of the Motor Industry estimates the ADAS skills gap in the UK to be between 3,000 and 9,000 technicians at the moment, and warns that this could rise to 51,000 by 2030.
Synetiq rallies behind Covea charity drive
Synetiq donated two vehicles to Covéa Insurance for its Benidorm or Bust charity rally in aid of the Forget Me Not Children’s Hospice. The company also made a donation to support the event.
AEG update
Solera Audatex has announced its latest AudaEnterpriseGold release, adding 127 new and updated model sheets to the vehicle database.
Labour times, part numbers and paint and material costs are available for all models.
Plunky’s All-Stars on target
Plunky’s All-Stars Charity football match took place at Peterborough United’s London Road Stadium this week, raising nearly £20,000 for The Norfolk Hospice.
Organiser Steve Plunkett, who scored a penalty with the last kick of the match, said, “The support has been incredible for this very special occasion in memory of Mike ‘Yorkie’ York.”
Laird Assessors joins Industry Insights
Industry Insights has announced that Laird Assessors has joined Connected Solutions as an Associate Engineering Partner.
Laird Assessors is one of the UK’s leading independent vehicle experts, providing accident damage reports and post-repair inspections as well as accident reconstruction, witness statement and criminal reports.
Massey celebrates IMI Fellowship
Michael Massey, Global Senior Application Engineer at 3M, has been made a Fellow by the Institute of the Motor Industry, recognising his commitment to safeguarding the future of the industry.
3M steps up to charity challenge
Team 3M is taking on the Three Peaks Challenge on 17 June, hoping to raise £3,064 – £1 for every metre climbed – for Mind UK and Bowel Cancer UK.
People
Simon McGinn will step down as CEO of Allianz Commercial on 1 July.
Ageas Group has appointed Wim Guilliams as new Chief Financial Officer.
Sharon Harte has become the first female President of the British Coatings Federation. She takes over from Guy Williams.
