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NEWS3 November 2011

LMC Automotive acquires JD Power division

M&A UK

UK— Market intelligence and analysis firm LMC Automotive has acquired JD Power & Associates’ automotive forecasting division.

The two firms have been sharing data since the mid-1990s. LMC said the acquisition would allow this relationship to continue as well as providing an opportunity to develop new products together.

John Humphrey, senior vice president of global automotive operations at JD Power, added: “The ongoing alliance with LMC will allow JD Power to intensify its focus and investment in automotive research and retail insights, while leveraging its working relationship with an experienced and very capable automotive forecasting operation.”

LMC Automotive is part of the LMC Group, a UK-based economic and business consultancy for the ‘agribusiness’ sector.

@RESEARCH LIVE

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