2:03 pm, November 6, 2026
Cap HPI is understood to be undergoing a major restructuring as its US-based owner Solera pushes ahead with plans to transform the business.
The firm, which provides vehicle data, valuations and residual value forecasts to the UK motor trade, is facing significant changes as part of a wider strategy focused on technology and artificial intelligence.
The shake-up was first reported by Fleet World, which said some employees had been encouraged to look for work elsewhere, while others remained in the dark about what the changes would mean for their roles.
The publication also reported unverified claims that as much as 50% of the company’s UK workforce could be cut.
A separate source has told Car Dealer that the restructuring could result in up to 50 job losses, which Solera did not deny when asked.
Car Dealer has now approached Solera directly about the situation, with the company declining to confirm whether redundancies are taking place.
Instead, Sonia Javed, Solera’s global head of marketing strategy, said the business regularly reviews its operations to ensure it remains competitive.
She told Car Dealer: ‘Solera continually reviews its operating models, organisational structures and investment priorities to ensure our businesses remain competitive, innovative and positioned for long-term success.
‘This is a normal and necessary responsibility of any well-managed organisation.
‘Any such review naturally requires discretion, particularly where potential organisational changes or employee matters may be involved.
‘As a responsible employer, we recognise the importance of balancing appropriate confidentiality with timely, considered communication and engagement with our colleagues.’
The company has also sought to reassure customers that the changes will not affect the quality of its services.
Javed added: ‘Importantly, our commitment to customers remains unchanged.
‘Throughout Cap HPI’s history, we have successfully navigated organisational and technological change while maintaining the quality, accuracy and reliability of the data, valuations and forecasts our customers depend upon.
‘These standards remain fundamental to our business and will not be compromised.
‘Our continual transformation is designed to strengthen Cap HPI’s capabilities, combining established automotive expertise and independent market judgement with Solera’s global technology and AI capabilities.’
Cap HPI was formed following Solera’s acquisition of Cap Automotive for £295.5m in 2014, bringing it together with vehicle history specialist HPI, which the American firm had purchased in 2008 and the two businesses were subsequently combined in 2015.
Javed concluded: ‘CAP HPI remains a strategically important part of Solera’s global portfolio.
‘Our priority is to build an even stronger business while protecting the customer experience, trusted expertise and premium service standards that underpin our market leadership.’