Latest news with #Epiq
Time of India
2 days ago
- Automotive
- Time of India
VW's Skoda posts 12% profit rise in H1 as electric sales grow
Skoda Auto , a Volkswagen unit, increased the share of electric vehicles in its sales mix in the first half of the year and posted a nearly 12 per cent rise in operating profit to 1.3 billion euros ($1.52 billion), it said on Monday. The Czech carmaker's revenue for the first six months rose nearly 12 per cent year on year to 15.1 billion euros. Deliveries were up 14 per cent to 509,400 vehicles in the period. Around 23 per cent of those deliveries were either fully electric or plug-in hybrid models, up from 9.4 per cent in the first half of last year, the company said. Chief Executive Klaus Zellmer said customers had placed more than 120,000 orders for Skoda's all-electric Enyaq and Elroq models by the end of June, highlighting progress in its electrification strategy. European automakers have booked multi-billion-euro losses and issued profit warnings as they struggle to handle competition from China, U.S. import tariffs, and EU regulations aimed at speeding up the EV transition. "Sales relative to the overall market performance, we are doing good," Zellmer told journalists in a video conference. While overall car sales have fallen in Europe this year, sales of electric vehicles - a priority segment for companies like Skoda Auto - have been rising. Zellmer said the company sees big potential with the new Epiq, an electric SUV priced at 25,000 euros that will target entry-level consumers. It plans to launch the Epiq in the first half of 2026. "We put a lot of hope or I would even say ... expectation on that car," he said. "Our current rate of electrified drive train sales ... has to go up." In the European market, Skoda delivered 409,100 vehicles to customers, an increase of nearly 11 per cent that outperformed the overall market and was underpinned by the sales of 72,000 electric vehicles and 21,400 plug-in hybrids, the company said. Skoda also achieved record results in India where it delivered 33,000 vehicles, representing year-on-year growth of 108 per cent, the company said.
Hamilton Spectator
08-07-2025
- Business
- Hamilton Spectator
Epiq Bolsters its Leadership of Class Action Administration in the UK and Europe with the Acquisition of Case Pilots
NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Epiq announced today that it has acquired Case Pilots, one of the UK's leading claims administration companies. Epiq is the world's leading class actions and claims administrator and the largest in North America. The firm's stellar reputation is evidenced through the successful management and distribution of some of the largest settlements in history. With over 30 years' experience, clients rely on the deep bench of Epiq experts for guidance in driving cases forward and helping to deliver positive outcomes in the highest-profile and most-complex collective actions in the world. Epiq has been supporting Class Representatives and law firms bringing collective actions in the UK since the Consumer Rights Act was passed in 2015. In addition to building on the expertise and technology solutions delivered to clients, this acquisition expands Epiq's offering in the market to include the administration of group litigation, reinforcing its position as a global leader in the space. Case Pilots employees have joined Epiq, including Co-founder and CEO Clare Ducksbury, who will now serve as Senior Vice President, Epiq Class Action Solutions Europe, and Co-founder and Chief Information Officer Clinton Smith, who will join Epiq's product development team in a leadership role. The Case Pilots team has a solid track record of providing strategic consulting advice to law firms tackling the challenges posed by collective actions in the UK and Continental Europe. Nicole Hamann , President of the Class Action, Remediation, and Mass Tort business at Epiq, said, 'The acquisition of Case Pilots marks a significant milestone and reinforces and expands the ability of Epiq to deliver claims management services to clients across the globe by strengthening our foothold in the UK and Europe. The excellent reputations of Clare, Clinton, and the Case Pilots team in the UK market is well-earned and we look forward to what we will accomplish together for our clients.' Commenting on the acquisition, Clare Ducksbury said, 'We are delighted to be joining forces with Epiq, who is the global leader in this space, and we look forward to expanding the breadth of technology solutions and expertise that we can offer to our much-valued clients. Our team has a strong track record of supporting group and collective actions in the UK and Europe, and we are all very excited about what's ahead.' Epiq Class Action and Claims Solutions operates globally including in the US, UK, Canada, Australia and Europe. Epiq has been ranked first among claims administrators by Institutional Shareholder Services Securities Class Action Services for the last seven years, having administered most of the largest US class actions settlements exceeding a total of $35 billion in value. Leveraging advanced technology and rigorous data security protocols, Epiq works with the Courts, settling parties and class members to efficiently and securely manage and distribute class action and mass tort settlements. About Epiq Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 19 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq and its 6,100 people worldwide create meaningful change at . Press Contact Carrie Trent Epiq, Senior Director of Communications and Public Relations A photo accompanying this announcement is available at
Yahoo
08-07-2025
- Business
- Yahoo
Epiq Bolsters its Leadership of Class Action Administration in the UK and Europe with the Acquisition of Case Pilots
Strengthening global reach with seamless class action administration across jurisdictions Nicole Hamann, President of Class Action, Remediation, and Mass Tort at Epiq NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Epiq announced today that it has acquired Case Pilots, one of the UK's leading claims administration companies. Epiq is the world's leading class actions and claims administrator and the largest in North America. The firm's stellar reputation is evidenced through the successful management and distribution of some of the largest settlements in history. With over 30 years' experience, clients rely on the deep bench of Epiq experts for guidance in driving cases forward and helping to deliver positive outcomes in the highest-profile and most-complex collective actions in the world. Epiq has been supporting Class Representatives and law firms bringing collective actions in the UK since the Consumer Rights Act was passed in 2015. In addition to building on the expertise and technology solutions delivered to clients, this acquisition expands Epiq's offering in the market to include the administration of group litigation, reinforcing its position as a global leader in the space. Case Pilots employees have joined Epiq, including Co-founder and CEO Clare Ducksbury, who will now serve as Senior Vice President, Epiq Class Action Solutions Europe, and Co-founder and Chief Information Officer Clinton Smith, who will join Epiq's product development team in a leadership role. The Case Pilots team has a solid track record of providing strategic consulting advice to law firms tackling the challenges posed by collective actions in the UK and Continental Europe. Nicole Hamann, President of the Class Action, Remediation, and Mass Tort business at Epiq, said, 'The acquisition of Case Pilots marks a significant milestone and reinforces and expands the ability of Epiq to deliver claims management services to clients across the globe by strengthening our foothold in the UK and Europe. The excellent reputations of Clare, Clinton, and the Case Pilots team in the UK market is well-earned and we look forward to what we will accomplish together for our clients.' Commenting on the acquisition, Clare Ducksbury said, 'We are delighted to be joining forces with Epiq, who is the global leader in this space, and we look forward to expanding the breadth of technology solutions and expertise that we can offer to our much-valued clients. Our team has a strong track record of supporting group and collective actions in the UK and Europe, and we are all very excited about what's ahead.' Epiq Class Action and Claims Solutions operates globally including in the US, UK, Canada, Australia and Europe. Epiq has been ranked first among claims administrators by Institutional Shareholder Services Securities Class Action Services for the last seven years, having administered most of the largest US class actions settlements exceeding a total of $35 billion in value. Leveraging advanced technology and rigorous data security protocols, Epiq works with the Courts, settling parties and class members to efficiently and securely manage and distribute class action and mass tort settlements. About EpiqEpiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 19 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq and its 6,100 people worldwide create meaningful change at Press ContactCarrie TrentEpiq, Senior Director of Communications and Public A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Auto Express
27-06-2025
- Automotive
- Auto Express
Hot new Skoda SUV aims for performance on a grand scale
Skoda is planning an onslaught of hot hatchbacks and SUVs led by the recently launched Elroq vRS and Enyaq vRS, but soon to be bolstered by a go-faster Epiq and flagship Eviatiq, Auto Express can exclusively reveal. With almost half-a-million vRS-badged models (referred to as 'RS' in other global markets) now on the road, Skoda is soon set to fully exploit the potential of its sporty sub-brand with a host of new variants that span all bodystyles from superminis to seven-seaters. Speaking from the dynamic launch of the Elroq vRS recently, Bjorn Kroll, Skoda's head of product marketing, told us: 'The cars we are launching, very likely, will also have a vRS version; people like it.' The deluge of hot products began with the Elroq vRS and facelifted Enyaq vRS, but will continue with a racier version of the Epiq small SUV, itself due in 2026. The Epiq has been designed alongside the forthcoming Volkswagen ID.2, meaning the vRS model will likely share much of its battery and motor tech with the hotly anticipated ID.2 GTI. While production specifications are yet to be announced, we expect the Epiq vRS to boast at least 220bhp from a single, front-mounted electric motor, ensuring the downsized performance car is good for 0-62mph in less than seven seconds. Skoda's engineers will no doubt be keeping a close eye on the newly revealed Peugeot E-208 GTi, which was shown at the 24 Hours of Le Mans race earlier this month. Advertisement - Article continues below Skip advert Advertisement - Article continues below Following close behind will be Skoda's future flagship, thought to be called Eviatiq. We know much less about this model, but given its size and weight, any vRS version is all but certain to boast dual motors producing more than 350bhp combined, plus bespoke, lowered suspension and bigger brakes. Such a model is at least two years away, however. While the majority of Skoda's new vRS models will be electric, we're still holding out hope for a hot version of the firm's range-topping Superb saloon and Estate model. When asked whether such a car was in the plan – as we've reported previously – Kroll's excitable smile spoke a thousand words: 'You are not the only one,' he said. 'I can only tell you this.' Future vRS models should turn the performance dial up a notch, too. Previous examples have often been criticised for their occasionally lukewarm demeanour, but Kroll referenced the Enyaq RS Race concept as a testbed for future technologies including sound generators and software that can mimic a combustion car's automatic transmission. 'Everything that is missing in terms of old emotions,' Kroll admitted, 'what we are used to from the good old days, it's in [the Enyaq RS Race concept]. You see it, and you hear it. We will use this kind of recipe. Advertisement - Article continues below Skip advert Advertisement - Article continues below 'We have to bring more emotion to it. Here you have the torque – that gives a certain amount of emotion – but the rest is what's missing. Then you have to add, you know, the sound, and the changing of the gears… That kind of thing. 'What you see on electric cars today, on RS, is just the beginning,' Kroll insisted. 'We will, for sure, try to push even more – going in the direction of what we are used to from the ICE [cars].' Whatever happens, vRS is set to remain a Skoda staple. Previously, CEO Klaus Zellmer, told us: 'vRS is absolutely part of our future. If you look at what we've done with Enyaq, it's a fabulous top-of-the-line vehicle – arguably the most aspirational car in our line-up, with four-wheel drive, around 300bhp. The price is higher, but it's still a value proposition in terms of performance for the money. 'People are more proud of their cars than ever these days, and yes, they're willing to spend more,' Zellmer added. 'Which means a good [profit] margin, from our perspective. So I think we have to continue along the vRS path as we move towards an electrified future.' Auto Express Find A Car can help you find the best deals out there on a new Skoda Elroq or top prices on used Skoda Elroq models... Find a car with the experts New Volvo EX60 electric SUV: latest details and confirmed reveal date New Volvo EX60 electric SUV: latest details and confirmed reveal date The upcoming, all-electric Volvo XC60 alternative is designed to 'keep learning and evolve with time' BYD and Octopus Energy team up for 'all-inclusive' EV deal BYD and Octopus Energy team up for 'all-inclusive' EV deal Octopus' 'Power Pack Bundle' includes a leased BYD, a wallbox charger and charging all for less than £300 per month New Skoda Epiq baby SUV could be a Tardis on wheels New Skoda Epiq baby SUV could be a Tardis on wheels The new Skoda Epic will sit below the Elroq and Enyaq in the brand's ever-expanding SUV range and is set to offer plenty of space despite its compact …
NZ Autocar
24-06-2025
- Automotive
- NZ Autocar
New baby Skoda to offer epic amounts of space
Skoda's new small crossover, Epiq, that sits below the Elroq and Enyaq, will offer class-leading space in the city car sector. Arriving next year, and previewed in production-ready concept form last year, the 4.1m Epic was snapped testing on public roads, albeit in camouflage. See the preview from over a year ago. Featuring Skoda's latest 'Modern Solid' design language, it will arrive with stacked headlights and daytime running lights. Said lights connect via a 'Tech Deck' face. This comprises a gloss-black panel housing many of the car's sensors and radars for its ADAS gear. Design and dimensions The slashes and vents as seen in the concept look to be making it into production, setting the little EV apart from its bigger sibs. However, the familiar clamshell bonnet also makes an appearance here. Epiq features a short wheelbase, and minimised front and rear overhangs. An upright tailgate should help with luggage space, at a suggested 490L, more than its rivals and as much as 4.5m long Elroq. This suggests the motor will be up front driving the leading axle. Epiq shares the VW Group's MEB-Small platform and electrical architecture with incoming Volkswagen ID.2 and Cupra Raval. Whether or not Skoda is also working on a vRS version is unclear. Interior and tech Skoda hinted that the concept car interior would be carried over to the production version. Expect then a large central screen with a row of shortcut buttons for ADAS features and drive modes. A smaller digital instrument cluster provides the driver with key data. The steering wheel will come with physical switches as well, eschewing capacitive touch-sensitive controls. Expect 'Simply Clever' features, including plenty of oddments storage, and likely use of vibrant colours to appeal to younger, urban buyers. Batteries and range The Epiq will almost certainly utilise the same 38 and 56kWh batteries that the Group family has, with up to 450km of range. Given ID.2 will charge from 10-80 per cent in around 20 minutes using a 125kW charger, Epiq should be similar. The top model, possibly a vRS, will have up to 166kW of power at its disposal, and sprint to open road speed in under seven seconds. Most models, however, will have between 112 and 134kW for a mix of efficiency and pace. Prices and on sale date Pricing has not yet been set but is expected to be around 25,000 Euros. Production will probably be from VW's Pamplona facility in Spain, east of Bilbao. It only produces EVs. Rivals include Citroen e-C3 and upcoming BYD Atto 2, along with Mini Aceman and Volvo EX30. Expect a formal reveal of Epiq in around 12 months' time. First though, Skoda is launching Octavia-sized EV at the Munich Motor Show based on VW's SSP architecture. Epiq will go on sale not long after VW ID.2.
