Motor Industry News
News Release CDL Vehicle Information Services Acquires Vehicle Information Publishing Stockport, United Kingdom, November 20th, 2009.
CDL Vehicle Information Services Limited, a division of CDL Holdings and provider of vehicle history checking services, today announced that it has completed the acquisition of Vehicle Information Publishing Limited, a leading provider of vehicle valuation data, from co-founders Martin Keighley and Alan Senior.
CDL Vehicle Information Services (VIS) and Vehicle Information Publishing have been strategic partners for almost three years. CDL VIS provides a DVLA-linked, vehicle history checking service, including used valuations, via it's mycarcheck.com and mytextcheck products.
The CDL group of companies specialise in providing solutions to the UK insurance sector. Products include CDL Classic and CDL Strata and it has partnerships with eight out of the top ten UK Insurance companies.
Vehicle Information Publishing provides current and forecast used values for cars, light commercials and motorbikes to fleets, dealers and consumer partners including What Car?, HPI and Wisebuyers. Products include VIPDATA and VIPForecast.
"The acquisition of Vehicle Information Publishing extends our core business areas and allows us to offer complete solutions to our customers. The VIP products, including both current and forecast used values for cars, vans and motorbikes have been built by two of the UK's most experienced experts in this arena. Both Martin Keighley and Alan Senior will continue to work alongside the CDL team to develop more innovative customer solutions whilst maintaining one of the most comprehensive and accurate used vehicle valuation databases in the UK. Bringing this service in-house will enable customers to benefit from an enhanced service. We are delighted to have them on board," said Roger Powell, CDL's Head of Vehicle Information Services.
"We are delighted to partner with such a forward thinking and customer-focused company. Our incorporation into the CDL group of companies will enable us to rapidly grow our business into new markets and fulfil our development vision. We will continue to offer the highest possible standards of vehicle valuation services," said Martin Keighley, Head of Valuations for CDL VIS.
About CDL Vehicle Information Services (mycarcheck.com, cdl.co.uk)
CDL VIS is the vehicle data arm of CDL. It offers vehicle history checking services based on DVLA data, providing over one million customer sales per year via the Mycarcheck.com and Mytextcheck brands.
By incorporating DVLA data into CDL's core products, CDL Strata, CDL Classic and online quotation modules, it speeds up the quotation process and reduces insurer and intermediary rework due to errors on policy documents.
Mycarcheck.com and the Mytextcheck SMS service are vehicle history checking services allowing customers to purchase a vehicle history check online along with an authentication certificate.
The check covers stolen cars, recorded accident damage, write-offs, scrappage, plate transfers, number of former keepers, full VIN and chassis check, make and model, engine number and size, colour and export information. It also provides access to the Motor Insurance Anti-Fraud and Theft Register (MIAFTR), Police Information Technology Organisation (PITO) and DVLA Mileage Information. In addition it can include car valuations just by entering the registration number.
About Vehicle Information Publishing (www.vipdata.co.uk)
Vehicle Information Publishing Ltd (VIP) have provided current and forecast used values for cars, light commercials and motorbikes for over four years. As well as Fleets and Dealers, their customers include What Car? HPI and Wisebuyers.
VIP was founded by Martin Keighley and Alan Senior who together, spent more than 35 years working for CAP Motor Research. VIP launched the TraderGuide book in 2005 and then the PC application VIPDATA (www.vipdata.co.uk) in 2007, providing values for over 35,000 vehicles.
Martin Keighley has spent his entire career working with used vehicle valuations in one form or another. During 17 years at CAP Motor Research he was Editor, Publisher and Director of the valuation products including Black Book, Red Book and Monitor. This followed seven years in used vehicle remarketing.
Brief spells in auction management and leasing operations provide a unique mix of experience and knowledge. He is one of the most experienced used car pricing experts in the UK.
Alan Senior has spent over 30 years dealing with used vehicle valuations from all aspects of the motor trade. He spent 17 years working for CAP in various editorial roles including Senior Editor for both the Black and Red Books. He was editor of Parker's Guide from 2002 to 2005.
His broad knowledge of both the trade and consumer markets can only be gained from real hands-on experience. His whole working life has been dedicated to the industry and there are very few people more experienced in these fields.
For further information please contact
Martin Keighley on 07730 052705 or email email@example.com
Alan Senior on 07743 840898 or email firstname.lastname@example.org
Roger Powell on 07872526075 or email on email@example.com