Opinion on Automotive in United Kingdom

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Type Product title / description Pub Price
CommentWire
CommentWire

Aviva/RAC: a motoring melange

Aviva [AV.L], one of the leading insurers in the UK market, has announced that it is to buy RAC, the UK motoring services business. Although the cost of the acquisition may seem high at GBP1 billion, Aviva is inheriting a number of very powerful motor-related brands and businesses, providing significant cross-selling opportunities for the company.

Published By Datamonitor
09 Mar 2005
CommentWire
CommentWire

AXA: motoring ahead but hazards await

AXA has stated its 2006 earnings, which reveal that its UK business performed well and recorded strong growth. Its general insurance business proved particularly strong, driven by an increase in motor and property insurance revenues. While AXA has clearly succeeded in rebuilding its motor book, the insurer must carefully consider its distribution strategy if it is to remain competitive.

Published By Datamonitor
01 Feb 2007
CommentWire
CommentWire

AXA: new direct car insurance targets safe drivers

In a direct attempt to target low-risk drivers, AXA's new direct car insurance product offers a no claims discount of up to 90% for any drivers who have been claim-free for eight years or more. This proposition is a distinct way of acquiring experienced drivers, meaning that the insurer will benefit from low claims volumes and boosted profitability.

Published By Datamonitor
04 Feb 2010
CommentWire
CommentWire

Block exemption: benefits in sight at last

Manufacturers have required their franchised dealer networks to invest significant amounts in the latest technology in order to maintain and service their vehicles. Dealer networks can now reap the benefits of these investments as the sector becomes more competitive - but so can other aftermarket players such as ABS Bodyshop.

Published By Datamonitor
03 Feb 2004
CommentWire
CommentWire

BMW / Mini: a happy adventure

BMW's [BMW.F] Mini is holding its own against more established rivals in the new car market. It is also one of the lowest depreciating models in terms of used car sales. It is for this reason that BMW has decided to increase its investment into the Mini. This is a wise move, since sustained demand, even after four years on the market, suggests that the model is a mini goldmine.

Published By Datamonitor
16 Feb 2005
CommentWire
CommentWire

BMW: carmaker to test drive UK consumer finance market

The luxury German carmaker BMW is to expand its financial services offering in the UK into the consumer finance sector. The move follows on from the successful roll-out of parallel strategies in the US and Australia. And with these positive prior experiences under its belt coupled with the UK market's thirst for credit, BMW is likely to see this successful trend continue.

Published By Datamonitor
31 May 2006
CommentWire
CommentWire

BMW: it's a Mini expansion!

BMW [BMW.F] will increase its investment at its Mini plant in Oxford as sales continue to increase. This goldmine brand has become a major part of the manufacturer's expansion strategy, having exceeded all expectations. The Mini brand could well prove to be the perfect advertising tool for the whole BMW marque.

Published By Datamonitor
19 May 2004
CommentWire
CommentWire

BMW: the Mini goes stateside

The German carmaker hopes that the US will be the Mini's largest export market. The iconic car is the smallest to go on sale in the North American market, but with BMW's track record, it should be at least a minor sales success. Whether it is profitable, however, remains to be seen.

Published By Datamonitor
27 Mar 2002
CommentWire
CommentWire

Bosch: diesel power

Bosch, the component manufacturer, believes that sales of diesel cars will reach 35% of the UK market by 2005. Certainly, the demand for diesel power has fuelled considerable growth in the market this year, with car manufacturers scrambling to keep pace with new technological developments.

Published By Datamonitor
21 Oct 2002
CommentWire
CommentWire

BP: going green with targetneutral

BP has introduced 'targetneutral', a CO2 emission reduction scheme in the UK by launching a website where drivers can calculate their CO2 emissions and make financial contributions towards renewable energy and carbon reduction projects. In contrast to the recent troubles in its US upstream business, targetneutral marks a demonstrable stride forward in BP's efforts to prove its green credentials.

Published By Datamonitor
25 Aug 2006

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