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U.S. Electric-Vehicle Tax Breaks May Violate Global Trade Rules

October 7, 2022 By CollisionWeek Editor

Favoring domestic industries could violate WTO rules, according to foreign officials and trade analysts. According to an article in the Wall Street Journal, European and Asian trade authorities are raising concerns that the expanded electric vehicle tax credits included in legislation signed into law by President Biden in August may violate Word Trade Organization (WTO) […]

Filed Under: News Tagged With: Asia, Electric Vehicles, Europe, Tax Credits, World Trade Organization

LKQ Corporation Announces Leadership Appointments

September 19, 2022 By CollisionWeek Editor

CEO and Managing Director of LKQ Europe named along with new Senior VP and CFO. LKQ Corporation (NASDAQ:LKQ) today announced the Varun Laroyia, Executive Vice President and Chief Financial Officer, has been appointed as Chief Executive Officer and Managing Director of LKQ Europe and Rick Galloway, Chief Financial Officer of LKQ’s Wholesale – North America […]

Filed Under: News Tagged With: Europe, LKQ Corporation, People

o9 Solutions and Supply Chain Insights Announce LKQ Selection by Project Zebra to Test Outside-In Supply Chain Planning Processes

August 18, 2022 By CollisionWeek Editor

o9 Solutions, an enterprise AI software platform provider for transforming planning and decision making, and research firm Supply Chain Insights jointly announced that LKQ Europe was selected to participate in a pilot program to test outside-in planning concepts by Project Zebra, an open-source think tank driving supply chain improvement. Project Zebra was co-founded by o9 […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Europe, LKQ Corporation, o9 Solutions, Supply Chain Insights

BASF Partners with European Association of Peugeot Car Dealers

July 12, 2022 By CollisionWeek Editor

BASF Global Automotive Refinish Coatings Solutions, a business unit of BASF’s Coatings division, announced a partnership with the European Association of Peugeot Car Dealers (AECP). The AECP, which brings together dealers from eleven European countries, works hand-in-hand with Peugeot and Stellantis Group to establish professional guidelines for automotive retailing and ensure close collaboration between the […]

Filed Under: News Tagged With: Agreements Signed, BASF, Europe, Peugeot, Stellantis

Verisk and Ford Partner on Connected Car Data for Auto Insurance in Europe

March 8, 2022 By CollisionWeek Editor

The agreement gives Verisk license to supply connected car data to insurers in the UK, France, Germany, Italy and Spain. Verisk (NASDAQ:VRSK), a global data analytics provider, announced an agreement with Ford Motor Company (NYSE:F). As part of the agreement, Verisk can offer standardized, insurance-ready telematics data from connected Ford vehicles in Europe to assist […]

Filed Under: News Tagged With: Agreements Signed, Europe, Ford Motor Company, France, Germany, Italy, Spain, Telematics, United Kingdom, Usage-Based Insurance, Verisk

D’Ieteren Group Acquires Parts Holding Europe

February 14, 2022 By CollisionWeek Editor

D’Ieteren Group announces that it has issued a binding offer and entered into exclusive negotiations with Bain Capital Private Equity in view of acquiring 100% of Parts Holding Europe (PHE), a Western European leader in spare parts distribution and services for vehicles and trucks. The proposed transaction values PHE at an Enterprise Value of €1.7 […]

Filed Under: News Tagged With: Acquisitions, Belron, D’Ieteren Group, Europe, Safelite

Axalta Opens New Refinish Facility in the Netherlands

October 7, 2021 By CollisionWeek Editor

Axalta (NYSE: AXTA) has officially opened its new, state-of-the-art, sustainable facility in the Netherlands to strengthen its Dutch refinish business further. The ultramodern, strategically located facility in the Tiel municipality enables Axalta to provide more customers with its industry-leading refinish paint and non-paint products and services. The Axalta global refinish brands in the Netherlands – […]

Filed Under: News Tagged With: Axalta Coating Systems, Europe, Netherlands, Openings

Sherwin-Williams to Acquire European Industrial Coatings Business of Sika

August 20, 2021 By CollisionWeek Editor

The Sherwin-Williams Company (NYSE:SHW) announced it has signed an agreement to acquire the European industrial coatings business of Sika AG. The transaction is expected to close in the beginning of 2022. Based in Germany with additional sales and technical support in Poland, Austria and Switzerland, Sika’s European industrial coating business engineers, manufactures and sells corrosion […]

Filed Under: News Tagged With: Acquisitions, Austria, Europe, Germany, Poland, Sherwin-Williams, Sika, Switzerland

Axalta Unveils Fully Automated Color Mixing Process for Customers in EMEA

June 24, 2021 By CollisionWeek Editor

Axalta Daisy Wheel 3.0

Axalta Coating Systems (NYSE: AXTA) announced it will make available pre-filled bottles of basecoat from its industry leading premium refinish brands for Fillon Technologies’ new Daisy Wheel 3.0, enabling fully automated color mixing for the first time for its customers across Europe, the Middle East and Africa (EMEA). Daisy Wheel, a 100% fully-automatic mixing machine, […]

Filed Under: News Tagged With: Axalta Coating Systems, EMEA, Europe

Polish Insurer PZU Selects Solera AI-Estimating Solution

May 27, 2021 By CollisionWeek Editor

Javier Velasco

Solera Holdings, Inc. today announced that PZU SA, the leading Polish insurer and the largest financial group in Central and Eastern Europe, has successfully implemented Solera’s next-generation Artificial Intelligence (AI) estimating software, Qapter, standardizing claims handling process according to PZU business rules. Processing around 500,000 automotive claims every year, PZU relies on a team of […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, estimating, Europe, Interview, Poland, Solera

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