Strongly worded statement from SMMT boss following Brexit extension plans
Factor & supplier news
BREAKING: STATEMENT ISSUED BY KLARIUS DIRECTORS
A joint statement has been issued by the Directors of Klarius Ltd relating to charges dating back to 2013 over alleged deliberate mislabelling of type-approved catalysts and DPFs. The statement reads as follows:
"Personally we are surprised that this issue has been raised again after it was investigated thoroughly by the VCA over three years ago after we self-reported these same issues and it will come as no surprise that the people named vigorously deny any activity prohibited by the Companies Act.
TRICO ACQUIRES CHAMPION WIPERS
Global Federal-Mogul wiper blade and systems business sold to one-time rival
KLARIUS DIRECTORS FACE COURT
A charge of fraud has been brought against five directors of Klarius by DVSA. The charge relates to the sale of non-approved catalytic converters between 2013 and 2015.
The directors entered a 'not guilty' plea at a short hearing in Manchester Minshull Street Crown Court on April 1st.
The case has been listed for trial on November 18 2019.
PEOPLE NEWS: CROXSON REPLACES SEPHTON AT THE PARTS ALLIANCE
CFO takes the top job as Sephton steps down
PEOPLE NEWS: NEW CEO AT DIGRAPH AS SUKHBIR KAPOOR STEPS DOWN
James Rawson to step up from MD role at the expanding CV factor
AAUK ACQUIRES WHITEHAVEN FACTOR
Buying spree resumed by business group
AAG ACQUIRES MAJOR EUROPEAN DISTRIBUTOR
150-branch PPG acquired from Netherlands-based AutoBinck
CONSOLIDATION: OSRAM TO ACQUIRE RING AUTOMOTIVE
Acquisition will 'secure continued investment in the business'
BREXIT: ALIGNMENT SUPPLIER TRIPLES STOCK LEVELS
Firm ramps up inventory in preparation for 'no deal'