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A Tale of Two Companies
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hpi is founded, producing Britain’s first-ever vehicle provenance check.
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cap is founded, releasing its famous black book into the automotive industry.
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cap launches the red book, ushering in a new era of commercial vehicle values.
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cap introduces the UK’s first future valuation predictions and motorcycle values.
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hpi and the IMVA jointly launch the UK’s National Mileage Register.
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hpi launches a new online service to motor trade customers, including hpi Exchange—the online vehicle stock publishing facility. That same year, cap releases the CAPcalc Re-forecaster and Monitor SMR services.
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cap launches Market Value Manager. Meanwhile, hpi launches driveaway insurance, offering free 7-day insurance cover.
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hpi is acquired by Solera, a leading global provider of claims solutions. cap launches valuation anywhere, allowing dealers to access values in the office and on the road in just seconds.
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hpi crushwatch launches, enabling law enforcement agencies to check vehicles prior to disposal. hpi finance gateway also launches, allowing dealerships to provide forecourt finance to their customers. cap opens offices in India and starts providing bespoke consulting services right across the industry.
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cap introduces new consumer valuations: black book plus and values for iPhone. hpi crushwatch becomes the sole provider of pre-disposal checks to UK law enforcement agencies.
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The National Mileage Register, offering protection against clocked cars, hits 150 million readings. hpi goes mobile and hpi driveaway launches, with improved 7-day free insurance cover. The famous hpi spec check arrives, offering information about optional extras.
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cap is acquired by Solera. cap also releases Consumer Mobile, introduces new functions to valuation anywhere, and launches black book live to allow customers unique access to continually up-to-date car values. hpi REACT is introduced to the finance and insurance sectors.
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As part of the Solera family, cap and hpi merge to become one company, offering comprehensive, high-quality services and solutions across the automotive industry. hpi MOT, checking the validity of vehicles’ roadworthiness certificates, is added to the hpi check tool, free of charge.