The Allianz insurance coverage firm will permit automobiles in Germany to be repaired with used spare components, the Munich-based insurance coverage large mentioned on Friday.
Vehicles between three and eight years outdated are eligible beneath the scheme, which ought to make repairs each extra environmentally pleasant and cheaper, the insurer mentioned.
The DAX-listed firm and largest German insurer referred to England, the Netherlands and France, the place there have already been laws selling the usage of reusable components in automotive restore retailers for a number of years.
“All experts agree: repairing is more sustainable than using new parts,” mentioned Frank Sommerfeld, head of Allianz Versicherungs-AG, which operates the property insurance coverage business in Germany.
The supply of the spare components can be automobiles which were totalled and are sometimes bought overseas to be cannibalized. Allianz desires to reuse components resembling doorways, bonnets and boot-lids, in addition to mirrors, headlights and tail lamps.
“Safety-relevant parts such as steering systems, axle parts or wheels will not be used,” mentioned Sommerfeld.
As an instance, Sommerfeld cited changing the windscreen of a VW ID.3 would price €1,200 ($1,290) much less with a used half than a brand new one.
According to the Allianz Centre for Technology, CO2 emissions can be virtually 100% decrease on this instance.
This is because of the truth that greenhouse gases are produced in the course of the manufacturing of automotive components, which naturally don’t happen once more when putting in a used alternative half.
German motor insurers have been affected by rising prices for years, that are largely attributable to the excessive costs of recent spare components.
The German Insurance Association expects the trade to publish one other billion-euro deficit this yr, as its revenue doesn’t cowl what it spends.
Source: www.anews.com.tr
