PRESS RELEASE

20th JULY 2015

EurotaxGlass's launches new Automotive

Intelligence and Consulting business unit

Created to provide data to manufacturers, importers, fleet and finance companies

A new business unit designed to provide automotive data and insight to manufacturers, importers, fleet and finance companies on a European basis has been created by EurotaxGlass's (ETG), the parent company of Glass's.

Called Automotive Intelligence and Consulting (AIC), its objectives include expanding ETG's range of consulting and intelligence services as well as providing easier access to ETG data and insights. It will also manage total cost of ownership and car to market solutions as well as live retail pricing.

Doctor Christof Engelskirchen has been appointed as Managing Director of AIC while Steffen Schick, former head of ETG Global Services, has been named as Chief Strategy Officer.

Dr Engelskirchen said: "Providing essential data to international companies is a key activity for ETG and the creation of the new business unit will help us to gain additional focus as well as expand our range of services into new areas.

"This is a very exciting development and one that we are sure will soon have an impact on the market for European automotive data."

Dr Engelskirchen explained that AIC's combined experience from a team of automotive industry experts, statisticians and management consultants to deliver outstanding results.

"We regularly provide services to all automotive manufacturers, their European headquarters, national sales companies and importers.

"With our unique combination of skills, we are capable of addressing the most complex challenges that these companies face, such as the ideal specification of extended warranties, dealer network optimisation, and the best commercialisation strategies for new vehicle concepts and powertrain technologies."

Dr Engelskirchen added that AIC would aim to address client needs by going beyond pure data delivery, helping clients interpret data and draw conclusions

He said: "Together with our clients we optimise residual value and total cost of ownership performance up to five years before the launch of a car by establishing challenging targets and by providing objective assessments and recommendations for pricing, specification, vehicle concept and volume planning."

AIC has been created as part of a strategy to deliver market leading insight to ETG's pan European
customer base.

About Glass's

Glass's is the largest vehicle data provider in Europe, offering products and solutions that are invaluable at every stage of a vehicle's lifecycle. These include key valuation, technical and fleet management data, estimating, bodyshop and dealer management systems and web-based services. Founded in 1933 by William Glass, the first Glass's Guide to Car Values - widely referred to as the used car dealer's bible - was published in July of that year.

For further details:

• Sanjay Misty, Paperchase PR, 07810 368 772, sanjay@paperchasepr.co.uk

• Simon Wells, Paperchase PR, 07768 912 430, simon@paperchasepr.co.uk

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