Mark Turnbull has been promoted to director of OEM and consulting at cap hpi. The role’s broader remit will see him continue to expand the consulting team’s global reach and work with vehicle manufacturers to help them accelerate their product and growth plans.

Mark will lead the consulting and OEM teams to bring together data and technology to help customers benefit from the latest advances in forecasting and insight. The consulting team has seen record growth over the past 12 months working with Chinese, European and US vehicle manufacturers.

Commenting on his appointment, Mark Turnbull, said: “As a team, we are ideally placed to help OEMs manage the launch of new EVs into the market and tackle some of the challenges that the transition to net zero brings. We are working across the product lifecycle, from advice on the design and development of new models, to run-out and replacement, alongside residual value optimisation and remarketing strategies. As we continue to innovate, our data and insight products can help OEMs navigate the rapidly evolving market and manage risk.”

Mark has held senior roles at cap hpi for over 10 years and is a regular spokesperson at global automotive conferences.

In addition to the consulting team, cap hpi supports vehicle manufacturers with a range of data and technology products, including cap code, residual value forecasting, total costs of ownership and SMR forecasting, vehicle configurators, HPI vehicle checks and NMR mileage services.

Cap hpi supports the entire automotive ecosystem, from manufacturers to dealers and fleets, the remarketing sector, and gives consumers peace of mind with its HPI vehicle checks and valuation products.

Chris Wright, managing director said: “Mark brings a wealth of experience to his new role, where a broader remit will enable him to bring together the full range of data, technology and insight available across the business. It’s essential that the industry has the support it needs to operate efficiently and thrive in these changing times.”