Category: Business News
16th December 2018Trak Global Group has acquired Intelligent Mechatronic Systems Inc (IMS), North America’s leading insurance telematics business
The newly expanded Group will connect over half a million vehicles, have revenues of over $50m and employ around 300 people, a third of whom are based in North America. The move will also see the Group realign all its international activities within connected insurance under the IMS brand, and its services to the mobility market under the Trak Global brand.
8th October 2018Trak Global makes two senior hires as it eyes international growth
Trak Global Group (TGG), the UK’s leading telematics technology business, has announced two senior appointments to help spearhead the company’s international expansion. Ivan Bumstead has joined the business as CFO, and Stevan Hoyle has joined the Board as a non-executive director. CEO Nick Corrie said the two appointments will add significant M&A and international experience… Read more
31st May 2018Trak Global Telematics MD Bob Skerrett speaks at Festival of Ideas
To celebrate the 20th anniversary of the Amazon Growing Business Awards – which Trak Global won in 2017 and 2018 – Bob Skerrett, MD of Trak Global Telematics, was invited to speak at the Festival of Ideas in London on 22nd May. Speaking to a room of entrepreneurs and business leaders, Bob sat on a panel alongside BBC… Read more
20th June 2018Trak Global hosts BVRLA terrorism awareness workshop
On 14th June 2018, Trak Global welcomed over 15 guests for a BVRLA terrorism awareness workshop in its Crewe head office. Forming part of Project Griffin, the government-backed counter terrorism awareness initiative for businesses produced by NaCTSO (National Counter Terrorism Security Office), the workshop aimed to equip vehicle and rental leasing companies with information and… Read more
14th May 2018Ride sharing and car clubs set to benefit as Trak Global spearheads growth in the ‘new mobility’ sector
Telematics and big data company Trak Global Group (TGG) is launching a new Fleet and Mobility Division to service growing demand for its products and services from businesses that are shaping the way we’ll travel by car in the future, according to Group CEO, Nick Corrie. Nick Corrie explained that TGG is looking to build… Read more
3rd May 2018Trak Global named in Fastest 50 for second year running
Trak Global Group has been named as one of the 50 fastest-growing companies in Greater Manchester for the second consecutive year. The Ward Hadaway Greater Manchester Fastest 50 celebrates the achievements of fast-growing, profitable companies in the region by publishing an annual list of the 50 fastest growing privately-owned businesses across Greater Manchester. Trak Global will… Read more
29th April 2018Could Bosch’s remarkable breakthrough put diesel back on the table?
Two and a half years ago, diesel emissions spiralled into the news and dominated not just motoring and consumer columns but also main headlines1. Since then, various cities across Europe and the UK have mooted plans to ban certain diesel vehicles from their streets. The media has regularly featured stories over the popular fuel’s contribution… Read more
30th April 2018Trak Global Group named one of Europe’s fastest-growing companies
The Financial Times has named Trak Global Group one of the 1,000 fastest-growing companies in Europe. Trak Global is ranked 212 in the FT 1000 table, joining the likes of Deliveroo, Carwow and GoCardless. According to the Financial Times, “The FT 1000 lists the companies in 31 European countries that have achieved the highest compound… Read more
20th April 2018Solid-state batteries plus earning money for generating domestic electricity boost electric cars’ appeal
Over the last few days, the UK firm OVO Energy1 unveiled a bi-directional vehicle-to-grid (V2G) electric vehicle charging point that it firmly believes will contribute towards revolutionising not just motoring but also communities and the environment. Motivated by the way in which more than 90% of cars are parked at any one time, which for… Read more
23rd February 2018Will larger organisations be negatively impacted by imminent new accounting rules that specify the inclusion of contract hire vehicles on balance sheets?
Sir David Tweedie will be happy. As former chairman of the International Accounting Standards Board (IASB), he’s famous in accountancy circles for having said: “One of my great ambitions before I die is to fly in an aircraft that is on an airline’s balance sheet”. This daydream wish of his has become reality following the… Read more
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- Trak Global Group has acquired Intelligent Mechatronic Systems Inc (IMS), North America’s leading insurance telematics business
- Carrot Insurance comments on government IPT consultation
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- The interaction of autonomous vehicles with their surroundings – what do the present and future look like?
- Are traditional contract hire leases being phased out by short-term vehicle rental solutions?
- Trak Global Group celebrates triple shortlisting for prestigious international awards