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Our choice to support SCOPE is strongly supported by our inclusive approach to workplace equality; we employ over 360 people of which 55% […]Thank you to everyone who came to visit our stand during Automechanika Birmingham 2016 trade event in N.E.C. Sky News has learnt that Arlington Automotive Group, which employs nearly 600 people at sites across the UK, appointed Duff & Phelps to handle an insolvency process late last week. In that time, the business has gone from strength to strength successfully integrating skillsets, solutions, and services for the […]Big thanks to the North East Automotive Alliance (NAAA) for inviting us to be part of an impressive portfolio of this year’s exhibitors at one of the popular automotive regional events, the North East Automotive Expo. Read in-depth market journalism on the motor finance industryExplore new car registrations by brand, engine type or market segment as far back as 2008, according to SMMT figures. © Copyright 2020 Verdict, a trading division of Progressive Digital Media Ltd.We use them to give you the best experience. Adrian Simcox, Sales Director By using our services, you agree to our use of cookies. Members of the international DWF team were Boris Kroepsky (corporate, Germany), Marcus Kissel (employment law, Germany), Daisy Walzel (anti-trust, Germany), Andreas Panzer (tax, Germany), Katy Philips (corporate, UK), Christine von Hauch (commercial law, Germany), Roman Kies (employment law, Germany) and Christian Hannemann (corporate, Germany). These can be manipulated and exported as required.Browse the back catalogue of the Motor Financer subscriber editionsOpinion and insight from industry leaders and experts in motor financeExpert legal comments on important and interesting cases, as well as analysis of regulatory updatesThe UK division of Arlington, a global supplier to the automotive industry, has called in the administrators in what is believed to be the first significant automotive parts maker to do so since the outbreak of COVID-19.Arlington Automotive Group – a supplier to Jaguar Land Rover, Ford, Nissan, Aston Martin and Bentley – which makes thermostats and assembles vehicle systems has appointed Duff & Phelps as administrators.The company employs about 600 people across several UK locations and is part of Arlington Industries, owned by US-based private equity company Cartesian Capital.Reuters reported that on the back of the COVID-19 car factory closures, UK automotive output has declined by 14% so far this year, and closed dealerships, leading to a sales decline of 43%, due to lockdown measures since mid-March.Allan Graham, joint administrator, told the BBC: “The financial issues faced by the group have been compounded by coronavirus.“New car registrations have fallen dramatically and the complexity of supply chains in the sector have led to a sudden halt to manufacturing.” Motor Finance Online is a product of Verdict. If you visited […]
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