AUTOMOTIVE data expert Cap HPI has promoted Chris Wright to the role of managing director over its global operations.
Wright will report to parent company Solera as he leads the continued expansion of the business in the UK and globally. He joined the business in 2015 as sales director.
Wright said: ‘Cap HPI is leading an unprecedented period of change in the automotive sector. Technology is changing the vehicles we drive, how and when we drive them and how we own them. Data underpins a lot of the change and will be the new oil that drives the sector.
‘We are investing in our people, technology and data to ensure we can deliver valuable insight and new tools across the industry.’
The company has created a global hub in Leeds for all data activities, from collection and processing, through to delivery and the development of new applications. It will ensure its systems, coding, data collection processes, and valuation methodologies are consistent, scalable and repeatable for every country that Cap HPI enters.
Cap HPI’s plans are underpinned by a globalised approach to automotive data that will have far-reaching implications for the motor industry. A new global code will enable businesses to take a unified view of global trends, and see efficiencies across all operations that use new and used vehicle data.
Wright said: ‘We believe a single global code will help the industry drive innovation and growth throughout the vehicle lifecycle. Data led businesses will be able to scale internationally in a fraction of the time and with much less cost.’
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