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HBC become part of the IAA family

HBC Vehicle Services

HBC Vehicle Services announce they are now officially part of IAA, Inc.
Steve Hankins, Managing Director, HBC Vehicle Services said: 

HBC Vehicle Services is excited to announce that we are now officially part of IAA, Inc. the leading global marketplace connecting vehicle buyers and sellers. June 28th marked a pivotal moment in IAA’s history as they became an independent, publicly traded company and fully separated from KAR Auction Services.  HBC are pleased to be part of the IAA family. 

IAA is listed on the New York Stock Exchange (NYSE: IAA) and currently processes more than 2.5 million vehicles per year across their 190 facilities in the U.S., Canada and now the U.K.

As an independent company, IAA will be focused on continuing to grow the company and innovate for the industry.  Being part of the IAA family will provide many exciting opportunities and collaboration to HBC and our clients. 

Whilst this is a change for HBC, our business will remain as usual, and we look forward to working with you strengthening our business relationships in the future.

We hope you will join us in celebrating this exciting news.  As we move forward with IAA, our commitment to you – our clients and customers – is stronger than ever!”

To find out more from HBC Vehicle Services visit at www.hbc.co.uk

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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