Markerstudy unveils Sustainable Supply Chain Charter 

Markerstudy is inviting suppliers to demonstrate their commitment to its sustainability targets by signing its new Sustainable Supply Chain Charter. 

The charter is the first part of Markerstudy’s Sustainable Supply Chain Programme, which will benchmark suppliers via third-party assessments and then support them in making the necessary improvements. 

It focuses on three separate areas with three subdivisions: Our Planet (Climate Protection, Biodiversity and Responsible Consumption); Our People (Social Inclusion & Wellbeing, Empowered Communities and Development & Opportunities); and Our Responsibility (Ethical Business Practice, Transparent Reporting and Supply Chain Management). 

Lizzie Smith-Foreman, Markerstudy’s Director of Group Marketing, Communications and Sustainability, said, “Sustainability is a journey, and it’s clear that we’ll only achieve our business goals if we invite our value chain along with us. We intend to work closely with all of our supply chain partners to help us achieve our sustainability goals and create shared value.” 

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Euro NCAP unveils Truck Safe test protocols 

Euro NCAP has released new test protocols that will support the framework for its new Truck Safe rating scheme. 

The Truck Safe rating scheme will enable industry to accurately assess the safety levels of its fleet and is being introduced after data found that while trucks make up just three per cent of the European car parc they are responsible for 15% of fatalities. 

Matthew Avery, Euro NCAP’s Director of Strategic Development, said, “Euro NCAP’s new Truck Safe rating scheme, the first of its kind in the sector, will enable a whole range of stakeholders in the freight industry to assess the safety level of trucks. 

“Not only will this deliver enhanced safety for truck drivers, but also protect pedestrians, cyclists, and other vulnerable road users in European cities. It is not only about safety, as this programme intends to create strategic opportunities for those operators that invest in the safest vehicles. 

“In creating a market for safety, Euro NCAP will encourage manufacturers and suppliers to innovate, further increasing the safety benefits of the scheme as the ratings evolve.” 

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Repair costs and volumes both up in April 

The latest data from ARC360 Associate Partner Trend Tracker has revealed that repair costs in April were up 4.7% on the same month last year, while repair volumes showed a 13% increase – although they remain just below levels seen in April 2019 (97%). 

The data also found that cycle times in April were 14% down on April 2023, with lead times and key-to-key times down by 12%. 

Paul Sell, Trend Tracker Director, said, “In March there was much debate across the industry about the fall in repair estimate volumes, raising many questions about the price of insurance, higher excess levels, increase in retail repairs under excess levels, increased write-off thresholds and the number of new sites in the sector since the start of the year.  

“Despite all this, April has seen an increase in repair estimate volumes. This could be as a result of how the bank holidays fell at the end of March so not something to react to but promising for all those operating in the sector and pointing more to excess capacity than reducing demand impacting the market.” 

The report also highlighted the lack of availability of skilled staff, and suggested that the one per cent growth in new car sales in April combined with stable volumes around used car sales could be an indicator that the market is getting ‘back to normal’. 

Meanwhile, the sharp increase in insurance premiums recorded during 2023, which led to higher excesses, has slowed into 2024 and in some cases retreated. 

ARC360-Trendtracker-May24

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ARC360 News – Friday 10 May 2024

Senior analyst joins ARC360 line-up

Matthew Freeman, Managing Consultant at Solera cap hpi is the latest key name added to ARC360’s ‘future vehicle technology’ themed event agenda.

Taking place on Thursday 27 June 2024 at the Manufacturing Technology Centre (MTC) in Coventry, ARC360 is supported by Corporate Partners: BASF, CAPS, Copart, Entegral, Enterprise, Mirka, Nationwide Vehicle Assistance, S&G Response, Solera Audatex; along with Partners: Gemini ARC, Repairify and Prasco.

The specialist event is sponsored by Activate Group and Thatcham Research along with Stellantis which will host the ‘Stellantis Zone’ on the day.

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Miguel & David heading to Worldskills

Miguel Harvey and David McKeown have been named as part of the Team UK Worldskills Lyon 2024 squad. Miguel, employed and trained by Steer Automotive will compete in the Car Painting competition, whilst David working for James McKeown Accident Repair and trained by Riverpark Training will take part in the Autobody Repair section.

Industry News

Report published to support AV Bill

Thatcham Research and Association of British Insurers have published a joint report on insurance requirements for Automated Vehicles (AVs) as the landmark Automated Vehicles Bill 2024 approaches Royal Assent.

To support the Bill progress through the Houses of Parliament, and the creation of subsequent secondary legislation, Thatcham Research and the Association of British Insurers (ABI) collaborated on the ‘Insurer Requirements for Automated Vehicles’ report, offering industry expertise and strategic recommendations.

It details four key asks from the UK motor insurance industry required for AVs to be safe and insurable in the UK: Safety First; Visibility; Data Access; and Cyber security.

IMI urges skills understanding

With the Automated Vehicles Bill 2024 set to receive Royal Assent, the Institute of the Motor Industry believes there is still work to be done to ensure the funding is available for the upskilling required to work on and calibrate automated vehicles for safe use. 

The IMI’s latest data shows that at the end of March 2024 there were 4,150 technicians qualified to work on vehicles with level 2 autonomy, representing just 2% of all UK technicians. Level 2 autonomy is the pre-cursor to fully automated vehicles and currently 12% of the UK car parc features some form of advanced driver assistance systems (ADAS).

Sales tick up for 21st straight month

Car sales edged up by one per cent in April to 134,274 units, completing 21 consecutive months of growth.

According to figures released by the Society of Motor Manufacturers and Traders (SMMT), sales to fleets surged by 18.5% but private buyer uptake fell by 17.7%.

Enterprise Mobility highlighted for DEI

Fairygodboss, the largest online career community for women to find jobs, advice, and support has listed Enterprise Mobility as one of 13 companies that make diversity, equity, and inclusion (DEI) a priority.

Motor insurance complaints more than double next product line

New figures from the Financial Conduct Authority have revealed that complaints received about motor insurers have risen by 18.2% in the last year.

Customers made more than 280,000 complaints about motor insurance over the second half of 2023, up from a little under 240,000 for the same period in 2022.

Wayve receives $1bn automated driving backing

Wayve, a market leader in Embodied Artificial Intelligence (AI) for autonomous driving, has announced the successful closure of $1.05bn in Series C funding.

The round was led by SoftBank Group, with contributions from new investor NVIDIA and existing investor Microsoft. This investment will accelerate Wayve’s mission to reimagine autonomous mobility through embodied intelligence.

Plunkys All Stars break £15k barrier

Support from the Vella Group – amongst many others – has helped take this year’s Plunkys All Stars fundraising total to beyond the £15,000 barrier.

The charity football match will take place on 28 June at the Football Development Centre in Norwich, raising valuable funds for Norfolk and Waveney MIND, East Anglian Air Ambulance and the Fire Fighters Charity.

VM News

Volvo sales up 27% in April

Volvo Cars reports global sales of 65,838 cars, up 27% compared to the same period last year. The sales increase was primarily driven by a strong performance in Europe as well as the company’s fully electric small SUV, the EX30.

The company’s electrified models, with a fully electric or plug-in hybrid powertrain, grew 53 per cent compared to the same period last year and accounted for 48% of all cars sold during April. The share of fully electric cars constituted 26% for the month.

NIO announces ONVO

Global smart electric vehicle company, NIO has announced at the ceremony celebrating the production of 500,000 vehicles that its second brand ONVO will make its global debut on 15 May.

According to the company, ONVO’s first model L60 is a family-centric smart BEV in the same segment as Tesla Model Y, and promises to ‘redefine the standards of family cars’.

People

  • Direct Line Group has announced three new appointments to its Executive Committee. Craig Thornton will be appointed Managing Director Home and Growth, Martin Milliner as Managing Director of Claims and Hugh Hessing as Chief Operating Officer.
  • Allianz has promoted Caroline Johnson to Claims Director in the company’s personal lines business, while Nicola George has taken over from Mike Crane as Managing Director.
  • Jane Pocock, CEO of Copart UK & Ireland, has been recognised in the 2024 Autocar Great Women Top 100, celebrating the most influential women in the British car industry today.
  • The MIB has announced Angus Eaton as its new CEO, taking over from Dominic Clayden in July.
  • Charlotte Stafford has been appointed as Customer Experience Advisor at Steer Automotive Group.
  • Ron Morris has taken up a new role as Head of Corporate, Fleet and Remarketing at VinFast UK.

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Sales tick up for 21st straight month

Car sales edged up by one per cent in April to 134,274 units, completing 21 consecutive months of growth.

According to figures released by the Society of Motor Manufacturers and Traders (SMMT), sales to fleets surged by 18.5% but private buyer uptake fell by 17.7%.

Meanwhile, EV sales remained strong with plug-in hybrids up 22.1% to 7.8% of the total market and BEVs increasing by 10.7% to a 16.9% market share.

SMMT figures also revealed that demand for new light commercial vehicles rose 5.4% to 23,889 units.

Mike Hawes, SMMT Chief Executive, said, “The new car market continues to grow even in the quieter months, driven primarily by fleet demand. This is particularly true of the electric vehicle sector, where the absence of government incentives for private buyers is having a marked effect. Although attractive deals on EVs are in place, manufacturers cannot fund the mass market transition single-handedly. Temporarily cutting VAT, treating EVs as fiscally mainstream not luxury vehicles, and taking steps to instil consumer confidence in the chargepoint network will drive the market growth on which Britain’s net zero ambition depends.”

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Senior analyst joins ARC360 line-up

Matthew Freeman, Managing Consultant at Solera cap hpi is the latest key name added to ARC360’s ‘future vehicle technology’ themed event agenda.

Taking place on Thursday 27 June 2024 at the Manufacturing Technology Centre (MTC) in Coventry, ARC360 is supported by Corporate Partners: BASF, CAPS, Copart, Entegral, Enterprise, Mirka, Nationwide Vehicle Assistance, S&G Response, Solera Audatex; along with Partners: Gemini ARC, Repairify and Prasco.

The specialist event is sponsored by Activate Group and Thatcham Research along with Stellantis which will host the ‘Stellantis Zone’ on the day.

Matthew, an automotive industry analyst with two decades of experience in the industry, specialises in analysis, consulting and manufacturing sector roles. He helps cap hpi work closely with leading global companies through the entire lifecycle of a vehicle, helping optimize products and services.

Matthew joins already announced guest speakers:

  • Andrew Jobling, Supply Chain Lead, UKGI Supply Chain, Aviva
  • Tom Leggett, Vehicle Technology Manager, Thatcham Research
  • Ulrike Lucas, Head of Procurement & Supply – Allianz Claims, Allianz Insurance plc
  • Dawn Marsden, Head of Claims Supplier Management and Engineering Services, esure

This year’s event follows up on last year’s highly acclaimed specialist electric vehicle (EV) event to further explore just how technology is shaping the future of the industry and how businesses can optimise their value in the supply chain.

Underpinning the entire occasion will be a keen focus on what is arguably the most critical factor across the entire industry right now – people and skillsets. Also included will be a dedicated ‘business growth’ session to reflect the changing times within the sector.

Tickets for the event are on sale now – click here to book.

A limited number of special repairer guest passes are available, to join the waiting list please email mark@iloveclaims.com.

To find out more about the opportunities available to get involved in the event – exhibition or sponsorship, or how to become an ARC360 Partner contact mark@iloveclaims.com or liane@iloveclaims.com.

For a full overview of last year’s event, click here.

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ARC360 News – Friday, 3 May 2024

Leading influencers assemble for future sector insights

Vehicle technology specialist, Tom Leggett is the latest leading influencer to join ARC360’s specialist ‘future vehicle technology’ themed event agenda.

No single factor behind falling volumes

More than a dozen industry experts took part in the third ARC360 Breakfast Think Tank last week, when attention turned to the sudden and dramatic fall in repair volumes in the last few months. 

Voices from repairers, insurers, suppliers and data experts were heard, when it was agreed that there has been a ‘sharp and noticeable fall’ in volumes since mid-February, with no obvious single factor responsible for the drop off. 

Bodyshop Briefs

  • MG Cannon has installed Glasurit’s all-new waterborne basecoat system, Glasurit 100 Line, in all six sites.
  • M&A Coachworks has been named Bentley Bodyshop of the Year 2023.
  • Steer Automotive Group’s Miguel Harvey came second at the Emirate Skills National Final Competition for Car Painting, seeing off competition from France, Germany, the UAE, and the UK.
  • Devonshire Motors Accident Repair Centres has undergone five audits in five days, securing vehicle repair approvals from Jaguar and Telsa.
  • Gemini ARC has launched its 35th site. Gemini Barnstaple is a 7,700 sqft site based in Ilfracombe with capacity to repair 1,000 vehicles a year.

Industry News

Conference highlights opportunities for positive change

ILC’s New Generation in Claims Conference helped highlight the opportunities available to positively influence how the industry can best attract and retain future talent.

Host for the day James Lambert, ILC’s New Generation in Claims Sector Lead and Founder of Engage to Succeed, opened the day’s proceedings by referencing Henry Ford’s quote: “If you always do what you’ve always done, you’ll always get what you’ve always got.”

James added, “Let’s keep that in mind and think about what is possible, how we can change, what’s the cost of not changing, and what could work in your business.”

Claims cost increases surge ahead of premiums

New figures released by the Association of British Insurers (ABI) have revealed that the cost of claims rose eight per cent in the first three months of 2024 compared to a one per cent rise in premiums.

Average cost of a motor claim rose to £4,800 in the first quarter, while average comprehensive car insurance policies are now £635.

Plunkys All Stars raise over £100k

The final Plunkys All Stars football match will take place on 28 June at the Football Development Centre in Norwich, raising funds for Norfolk and Waveney MIND, East Anglian Air Ambulance, and the Fire Fighters Charity.

To date the football matches have raised over £100k for worthy charities.

Ben turns up the heat for next challenge

Ten teams of two will trek across the Sahara Desert in November as part of automotive charity Ben’s Industry Leader Challenge.

Participating teams will navigate about 17 miles a day in temperatures reaching 35 Deg C to raise a minimum of £20,000 each.

Introducing SERMI

A new association has been established to control access to security-related repair and maintenance information (SERMI).

Managed by vehicle manufacturers and repairers, the SERMI Association has been created primarily to combat vehicle theft by approving and monitoring who has access to what information.

Phil Peace, Managing Director, Repairify, explains more.

NWVA ‘Alert’ to quicker processes

NWVA has launched Insure Alert, a new add-on product that allows recovery operators and vehicle storage compounds to communicate faster with insurers, fleets, hire companies, and leasing companies.

Avant celebrates landmark birthday

Huddersfield-based Avant has celebrated its 20th birthday. The market-leading independent organisation specialises in the provision of solutions across all aspects of the automotive aftermarket.

OEC and Toyota announce parts partnership

OEC has announced a new Trade Parts Programme partnership with Toyota GB for both the Toyota and Lexus brands.

As part of the collaboration, it will provide a dedicated team of business development managers, sales reps, call centre agents, and marketing solutions to support growth.

Copart celebrated at Great Women Top 100 awards

CEO of Copart UK & Ireland Jane Pocock has been recognised in the 2024 Autocar Great Women Top 100 awards, which celebrates influential women in the industry.

She was a finalist in the Executive Category.

BASF 100 Line delivers stellar results

BASF has announced stellar results of its eco-friendly waterborne basecoat, 100 Line, based on data from 1,000 bodyshops in 20 countries that have adopted it.

It reported an average of 40% less process time, 30% less material usage with every application, 20% less consumption, and 50% faster process times.

EV charging prices frozen

The AA EV Recharge Report for March has revealed that electric vehicle charging prices across the public network were frozen across all speeds during the month, compared to a 0.63 pence per litre rise in petrol prices.

VM News

BYD profits plummet by nearly 50%

Chinese electric vehicle manufacturer BYD has reported a £502m (47%) fall in profits in the first quarter of the year.

It sold just over 300,000 units in the first three months of the year compared to 526,000 sales in the same period last year.

Prancing horse unveils V12 models

Ferrari has unveiled the new two-seater Berlinetta and Spider, both of which are powered by a V12 engine that that boasts 830 cv power output, with maximum revs of 9500 rpm.

Aston Martin in the slow lane

Aston Martin has reported that pre-tax losses nearly doubled to £138.8m in the first quarter of the year, with 945 wholesale car sales compared to 1,269 during the same period last year.

People

  • Page Automotive Group has appointed Paul Colebrook as Group Operations Manager.
  • Direct Line Group has appointed Craig Thornton as Managing Director Home and Growth, Martin Milliner as Managing Director of Claims and Hugh Hessing as Chief Operating Officer. In addition, Roger Lowry has been named Director of Corporate Affairs and Alexandra Hayes as Chief of Staff.
  • Allianz has promoted Caroline Johnson to the role of Claims Director in the company’s personal lines business, while Nicola George has taken over from Mike Crane as Managing Director at the company’s personal lines broker business.
  • IMI Policy and Public Affairs Lead Hayley Pells has been celebrated in the Government Affairs category of the Autocar Great Women 2024 Top 100.

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Introducing SERMI

A new association has been established to control access to security-related repair and maintenance information (SERMI). Managed by vehicle manufacturers and repairers, the SERMI Association has been created primarily to combat vehicle theft by approving and monitoring who has access to what information. Although mandatory in certain European counties, it is voluntary in the UK – although that will change.

Here, Phil Peace, Managing Director, Repairify, explains more:

Can you provide a bit of background into the creation of SERMI – how and why it was set up?

SERMI is the scheme for accreditation, approval and authorisation to access security-related repair and maintenance information (RMI). The scheme ensures secure access to vehicle manufacturers’ data for independent operators, remote service suppliers (RSS), and their respective employees.

The Association has been created to further develop, own, operate and maintain the scheme and processes related to access to security-related repair and maintenance information for motor vehicles and to provide a process to approve and authorise independent operators (IOs) working in the European automotive aftermarket to enable them to access security-related RMI.

The SERMI Association is managed jointly by vehicle manufacturers and independent operators (repairers) as stakeholders who are primarily involved in the process of providing or obtaining access to security-related RMI.

What has it been established to achieve?

It has been introduced to ensure that vehicle repairers and individuals working on theft-related items within a vehicle have registered with a centralised body and have been checked against certain criteria that allows them to work on them. Ultimately it is designed to help reduce vehicle theft.

Does it have political/industry support?

The answer to that is yes. In Europe the use of the SERMI scheme is mandated by the Delegated Regulation (EU) N° 2021/1244 amending Regulation (EU) N° 2018/858. From a UK perspective it is not mandatory, however, it is being introduced on a voluntary basis and there is industry support from the NAB, which is the controlling body of UCAS, and from the RMI, which is one of the auditing bodies.

What is Repairify’s role within the SERMI Scheme?

As a business, Repairify does not have a specific role within SERMI. However, Repairify is classed as an RSS (Remote Service Supplier). This means that we, along with other Remote Service Suppliers, will need to conform to the SERMI process when working on security-related items.

What does CAB approval mean?

To put it in very simple terms, CAB means Conformity Assessment Body, and they establish, monitor and audit the independent operators to ensure conformity with the scheme to allow access to ‘security-related’ vehicle management information.

How has the development of modern vehicles emphasised the need for SERMI?

There have always been concerns relating to vehicle theft. This process is a way of helping to control who has access to information that could lead to or assist in the theft of a vehicle. Technology is constantly evolving so the introduction of SERMI is designed to try and provide visibility, behind a GDPR wall, as to who is requesting what information and who is undertaking the work. It allows the OE to lock down security information within tools and only be accessed by individuals authorised to do so under the scheme.

Is scheme mandatory or voluntary for OEs?

In Europe, the scheme is mandatory, so all OEs have to conform to it and with the process being standardised it means that the OE has had to adapt their systems to recognise the SERMI certification for an individual and means the tool is unlocked for use. However, in the UK the scheme is voluntary for an OE, so it is up to the OE if they want to join.

How is approval granted, and based on what?

The approval process will see the independent operator apply for approval via the CAB (Certifying Body) and it will be based on criteria laid out by SERMI.

Is it updated on a regular basis to ensure up-to-date information of who is registered?

To ensure all information on the system is up to date, it is the responsibility of the IO to ensure that their staff are registered, and any changes reflected on the system.

SERMI has already been implemented across many European countries, with more following in April.

Can you explain how SERMI is being or will be implemented in the UK?

On 1 April, SERMI had a significant release across many new markets in Europe and it is waiting to see the implications of this rollout before the next countries for launch are announced. From a UK perspective, it means that the launch of SERMI is likely to be 1 July at the earliest, however, like anything it could be subject to change.

When it comes to implementation in the UK, UCAS is in the process of approving the scheme. Once it has done this a couple of things will happen. The first is that manufactures will decide if they opt into the scheme in the UK (as it is voluntary). The second, assuming a manufacturer has opted into the scheme, will see an independent operator (repairer) need to be registered on the SERMI Scheme to enable them to obtain the credentials to access the OE tool for security and theft related information.

However, if the repairer is using an RSS, that business and its employees must also have credentials to be able to open the tool.

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Claims cost increases surge ahead of premiums

New figures released by the Association of British Insurers (ABI) have revealed that the cost of claims rose eight per cent in the first three months of 2024 compared to a one per cent rise in premiums.

The ABI’s Motor Insurance Tracker found that the average cost of a motor claim rose to £4,800 in the first quarter, while average comprehensive car insurance policies are now £635.

These figures are based on data extracted from almost 28 million sold policies.

Looking at the longer-term trend, the ABI has reported that since 2017 claims costs have increased by 23% in real terms while policies are just £8 more expensive.

Mervyn Skeet, the ABI’s director of general insurance policy, said: We understand that car insurance costs are putting pressure on household finances. These figures show how competitive the motor market is, with insurers absorbing significant cost rises but keeping prices relatively stable. Even though these figures demonstrate a slowdown in price increases, we won’t be taking our foot off the gas when it comes to our work on tackling the cost of cover.”

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ARC360 News – Friday, 26 April 2024

Vehicle technology conference piques interest

More than 40 of the UK’s most influential names from within insurance are already confirmed to attend ARC360’s specialist ‘future vehicle technology’ conference, taking place on Thursday 27 June 2024 at the Manufacturing Technology Centre (MTC) in Coventry.

From the frontline

ARC360 hosted its third Breakfast Think Tank this morning, when more than a dozen industry experts representing repairers, insurers, mobility and data providers discussed the recent decline in repair volumes. A full overview of the session will be published next week.

Bodyshop Briefs

  • The Vella Group has acquired Axiom Accident Repair Centres, which comprises two repair sites in Peterborough and Daventry.
  • Whaley Bridge ARC, which is part of the Stellantis approved network, has been recognised as the world’s first carbon negative bodyshop.
  • Turners Accident Repair has signed a 10-year lease on a new 20,000 sqft site in Ripon, Yorkshire. The new facility will add to existing sites in Doncaster, Leeds, and Sheffield.
  • Fix Auto Loughborough has announced that it has secured Stellantis vehicle manufacturer approval.
  • Devonshire Motors ARC has achieved a 100% score in its BMW/MINI audit, retaining the approval it’s held since 2008.
  • Steer Automotive supported Automotive Work Experience Week by inviting Luke Saunders to its site in Portsmouth. He will now begin a MET apprenticeship when he finishes college.
  • Shorade Bristol is officially carbon neutral after achieving the PAS 2060 standard.
  • Revive! is celebrating after four franchisees, East Anglia, Surrey, Northampton, and Trafford, all turned over more than £1m last year.
  • Fix Auto Penzance was named Stellanis Audatex UK Estimator of the Year – Southern Region, ahead of Rackhams Auto Body Centre and Bodytek Taunton.
  • M&L Coachbuilders has passed its initial BS 10125:2022 stage 2 audit.
  • Komoo has opened its first site in the Midlands. Its new Rugby repair facility is its fourth new site of the year.
  • MG Cannon has installed Glasurit’s all-new waterborne basecoat system, Glasurit 100 Line, in all six of its sites.

Industry News

An interview with…

With more than one million daily transactions from 300,000 global customers in over 100 countries it’s fair to say Solera is big business. Its solutions empower smarter decision-making for anyone involved in vehicle-lifecycle management via AI-enabled technologies which utilise its vast vehicle, repair, performance, and telematics data. Here, we catch up with Arnaud Agostini, Regional Managing Director at Solera and Tom Hart, Claims Sales Director, UK & Ireland at Solera to find out more.

Fall in premiums only short term

Comprehensive car insurance premiums fell by five per cent to an average of £941 in the last three months, according to the latest Confused.com Car Insurance Price Index produced in association with WTW.

However, this is still 43% (£284) higher than they were 12 months ago.

Copart steps up preparations for Gloucester launch

Copart is gearing up for the first auction at its new site in Gloucester, scheduled for next month. The Gloucester development will provide storage for an additional 30,000 vehicles per annum.

Ben launches personal MOTs

Automotive industry charity Ben has introduced free mental and physical health checks through one-on-one conversations with a qualified health professional.

The health checks will also suggest positive steps to support better living and working.

ABI unveils Premium Finance Principles

The Association of British Insurers (ABI) has announced a range of new principles to manage consumer costs around premium finance.

The Premium Finance Principles underline what fair practice should look like and revolve around five elements: transparency, affordability, fair value, proportionality and accountability.

Emissions down despite growing car parc

The UK car parc hit a new high last year, with the Society of Motor Manufacturers and Traders revealing the number of cars on UK roads rose by 1.7% to 41,404,589.

However, with almost half a million EVs and plug-in hybrid registered, average CO2 emissions per car dropped by 2.1%.

Automotive production suffers March dip

UK car production fell by 27.1% to 59,467 units in March, according to the Society of Motor Manufacturers and Traders.

Meanwhile, commercial vehicle output was down by 19.2% in the same month.

Denso launches aftermarket brand

Mobility supplier Denso has unveiled a new standalone aftermarket brand, MobiQ, which will be dedicated to new digital smart mobility products that can be retrofitted to improve driver safety.

Government launches future skills inquiry

The Industry and Regulators Committee is seeking views from industry about what skills will be needed in the future and how policy can support apprenticeships and training.

Written submissions are invited by 30 May.

Repair complaints soaring

Service and repair complaints to the Motor Ombudsman have reached record highs in each of the last two quarters.

It received 1,604 new complaints between January and March, which is 35% higher than the same period last year and also up on the 1,372 complaints received in the final quarter of last year, which was the previous high total.

Motor trades tops vacancy charts

New figures from the Office of National Statistics have revealed that there are around 23,000 vacancies in the UK motor trades industry, which includes the automotive aftermarket.

Together with hospitality, it is the industry with most severe skills gap in the UK.

VM News

Mobility challenges revealed in global Forum

The second Freedom of Mobility Forum has highlighted key mobility priorities as the industry evolves to meet future challenges.

Initiated by Stellantis and entitled, “How will our planet accommodate the mobility needs of eight billion people?” the global digital debate urged the sector to prioritise innovations around sustainability, address challenges collaboratively, and focus on the needs of economically diverse populations.

Ford launches EV subscriptions

Ford has introduced a new Ford E-Transit subscription service for business owners.

Available on monthly contracts that can be extended indefinitely, Ford Drive enables businesses to increase their fleets flexibly while also trying electric models without commitment.

Innovation the trump card for ACEMAN

MINI has unveiled the MINI Aceman, a mid-size all-electric crossover with a raft of new innovations.

Four surround view cameras and 12 ultrasonic sensors help the model identify and initiate parking manoeuvres into tight spaces, while the Parking Assistant Plus option enables parking via a smartphone.

Hyundai establishes Amazon space

Hyundai Motor Europe has launched its own Brand Space on Amazon where customers can view the range of models, link to local Hyundai dealerships, configure features and schedule test drives.

People

  • Ben Townsend has been appointed as Head of Automotive at Thatcham Research.
  • Charles Trent has promoted Harry Merton to the role of Senior Supervisor.
  • Andy Morris has been appointed Proprietor at AKS Accident Repair Centre.
  • BASF SE has appointed Dr. Markus Kamieth as its new Chairman. He succeeds Dr. Martin Brudermüller.
  • Martin Gray has been named National Fleet Manager at CUPRA & SEAT UK, Volkswagen Group UK.

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