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Europcar plays its role in tackling industry parts supply backlog with SYNETIQ green parts

SYNETIQ, an IAA company (NYSE: IAA), has shared the success of its green parts supply relationship with Europcar Mobility Group UK, as industry parts supply chain uncertainty continues.

 

Europcar plays its role in tackling industry parts supply backlog with SYNETIQ green parts f

Complex parts manufacturer supply issues mean an increasing number of vehicles awaiting repair, with some items on backorder for over six months.

With vehicle fleet operators dealing with significant delays, SYNETIQ suggests green parts could provide the answer. For leading mobility company Europcar the results have been transformational, with a recent green parts solution negating a total repair turnaround of more than 190 days.

SYNETIQ is now encouraging more fleet operators to implement an agile approach to parts supply issues. The organisation says it is pleased to be supporting Europcar through a challenging period for the industry, noting the key environmental benefits that can also be achieved using green parts.

Since it began working with SYNETIQ in 2019, Europcar stated it has avoided 163,583.18kg CO2 by using green parts for vehicle fleet repairs.

Europcar, which currently operates a fleet of more than 30,000 cars and 10,000 vans in the UK, says it is delighted with the results so far. “Our relationship with SYNETIQ delivers important advantages for our business and our customers,” confirmed Ron Santiago, Managing Director, Europcar Mobility Group UK. “Being able to address some of the delays caused by the global vehicle parts supply issues is a clear benefit, as well as the significant reduction in costs and CO2 by using green parts.”

“Parts backorder complications have caused havoc for our vehicle repair clients,” says Sarah Hirst, Client and Green Parts Director at SYNETIQ. “For large fleets, it is imperative that repairs are dealt with as swiftly as possible to allow vehicles to get back on the road. The recent Europcar solution is one example of how green parts can be demonstrably effective in vehicle repair – reducing CO2 emissions, repair cost and vehicle-off-road time.”

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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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