The updated 2008 Audi A4 introduced a selection of new engines, the most popular of which were 2.0-litre TDI turbo-diesel and 1.8-litre TFSI turbo-
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Cat's Inside Line: Autoelectro
Common issues affecting TDI models include alternator clutch pulleys failing due to tensioner problems.
Garage schemes growing with new members
The launch of Groupauto’s Approved Garages scheme has added 300 garages to the Motor Codes network in one go, swelling its ranks to over 1800 indep
H2's SATOR SALE THE UA WAY
When H2 Equity Partners bought a controlling 50.1% share in Unipart Automotive (UA) in September 2011, CAT asked whether the private equity firm could be trusted with one of the grand dames of the UK aftermarket.
ECP AND LKQ MAKE PUSH INTO EUROPE WITH SATOR
Euro Car Parts and LKQ have made a move into Europe with the £176 million acquisition of Dutch-based Sator Holding from H2 Equity Partners today. The move, funded by LKQ, does not include H2’s 50.1% stake in Unipart.
New insolvency plans backed by UK
The UK is backing EU plans to overhaul rules on cross-border company insolvencies, it was announced by the European Commission today.
More financing for businesses on the way
Chancellor George Osborne is expected to announce an extension of a scheme designed to give small and medium-sized business greater access to finance. The Funding for Lending Scheme was launched last year and was originally scheduled to end next January.
PUBLIC SECTOR BORROWING FALLS
Public sector borrowing has fallen by £300 million in the financial year to April 2013, figures released by the Office for National Statistics (ONS) today. The small reduction means public borrowing stood at £120.6 billion to April 2013 compared with £120.9 billion for the previous financial year.