Axalta Coating Systems (NYSE:AXTA) has launched the Axalta Sustainable Star Awards program for body shops who use sustainable practices. The contest runs until 11:59 p.m. on November 15, 2016. The launch follows Axalta’s recent release of the company’s 2014-2015 Sustainability Report. The Sustainable Star Awards are open to United States-based Axalta refinish customers. The Awards […]
AAA Reports Gas Prices Hold Steady as Summer Driving Season Enters Final Stretch
According to the AAA Fuel Gauge Report, after dropping 54 of 55 days, the national average price of gasoline at the pump has held steady over the past week but has declined each of the past four days. The national average price for regular unleaded is $2.12 per gallon, which is the lowest price for […]
Carlyle Completes Acquisition of AA Ireland
Carlyle Cardinal Ireland (CCI) and Carlyle Global Financial Services Partners (CGFSP) have completed the acquisition of the AA Ireland from the AA plc (LON:AA) following receipt of the required regulatory approvals. CCI partnered with CGFSP to acquire AA Ireland, one of the largest insurance intermediaries in Ireland, for €156.6 million ($176.6 million) including consideration for […]
Global Automakers Opposes California ‘Tesla’ Legislation
Vehicle manufacturers’ association has sent a letter concerning a legislative proposal that would change California’s Zero Emissions Vehicle mandate. The Association of Global Automakers sent a letter to California legislative leadership in opposition to a last minute proposal that it says would: require that at least 15 percent of all new vehicles sold in California […]
OEMs to Participate in NASTF General Meeting at AAPEX
A panel of original equipment manufacturer (OEM) experts will participate in the National Automotive Service Task Force (NASTF) Fall 2016 General Meeting feature session, “Take the Box Outta the Box,” on Wednesday, Nov. 2, during AAPEX in Las Vegas. The session is designed for advanced service technicians who have already purchased an SAE J2534 vehicle […]
BASF Forms New Advanced Process Solutions-Focused Performance Group
In late June, BASF held the first meeting of its eigth and newest Performance Group, specifically formed to focus on Advanced Process Solutions (APS) processes. This performance group brings together body shop owners and managers from across the country, who want to focus on measuring and improving cycle and touch times, changing their shop culture […]
Wholesale Used Vehicle Prices Down in July
The average price declined compared to June, but remained above July 2015. Continued strength in truck prices. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, average wholesale values fell again in July, but they remain up on a year-over-year basis largely because of the continued price strength of trucks and continued […]
Renault Presents Axalta with Supplier Innovation Award for Refinish Clearcoat
Axalta Coating Systems (NYSE:AXTA), received a supplier award for innovation for its new refinish fast-cure clearcoat technology by French car maker Renault, at a ceremony in Paris, France on June 20. Axalta is the only company this year to receive an award from Renault in the innovation category. Adrien Schrobiltgen, Axalta’s Vice President of Refinish […]
AAA Study Shows More Than 200,000 Crashes Involved Road Debris over Four Years
More than 200,000 crashes involved debris on U.S. roadways during the past four years, according to a new study released by the AAA Foundation for Traffic Safety. The crashes resulted in approximately 39,000 injuries and more than 500 deaths between 2011 and 2014. AAA is calling for drivers to properly secure their loads to prevent […]
Boyd Group Report 18.8 percent Sales Growth in Second Quarter
Same store sales up 5.1 percent during quarter. Collision repair facility operator has added 38 locations this year. The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three and six-month periods ended June 30. For the quarter, sales increased by 18.8 percent to CA$331.0 million ($256 million) from CA$278.7 million ($215.6 million) […]
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