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Axalta Breaks Ground on Refinish Facility in the Netherlands

June 23, 2020 By CollisionWeek Editor

Axalta Coating Systems (NYSE:AXTA) broke ground June 19 on its new, 7,250 square-meter (78,000 sq. ft.) facility to support its refinish business in the Netherlands that was announced last year. The new facility will be equipped with the latest technology and energy-saving features. Construction at the site in Tiel is expected to be completed by […]

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

EU Passenger car registrations Down 76.3% in April

May 19, 2020 By CollisionWeek Editor

EU New Vehicle Registrations April 2020

In April 2020, registrations of new passenger cars in the European Union posted a year-on-year decline of 76.3%. The first full month with COVID-19 restrictions in place resulted in the strongest monthly drop in car demand since records began. The EU was harder hit than the U.S. in April as sales in the U.S. were […]

Filed Under: News Tagged With: Europe, New Vehicle Registrations

September Automechanika Frankfurt Event Postponed Until Next Year

May 6, 2020 By CollisionWeek Editor

The bienniel event in Germany will now be held from September 14-18, 2021. Messe Frankfurt announced that due to conditions resulting from the corona pandemic and measures taken to stem its spread, the organization along with its customers, partners and supporting associations have agreed to postpone the Automechanika Frankfurt event that was originally scheduled to […]

Filed Under: News Tagged With: Automechanika, Europe, Germany

LKQ Completes Sale of Two Czech Distributors

March 2, 2020 By CollisionWeek Editor

LKQ Corporation (Nasdaq: LKQ) announced that it has closed its previously announced agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. Dominick Zarcone, President and Chief Executive Officer of LKQ, stated, “This divestiture reinforces our ongoing commitment to rationalizing […]

Filed Under: News Tagged With: Acquisitions, Czech Republic, Europe, LKQ Corporation

PPG Completes Acquisition of ICR

February 3, 2020 By CollisionWeek Editor

PPG (NYSE: PPG) today announced that it has completed its acquisition of Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries, that was announced in early January. Financial terms were not disclosed. Founded in 1961, ICR is based in Italy and manufactures automotive refinish […]

Filed Under: News Tagged With: Acquisitions, Europe, Italy, PPG Industries

Copart Germany Opens New Munich East Location

January 13, 2020 By CollisionWeek Editor

Copart Deutschland GmbH, a subsidiary of the global online vehicle auction company Copart, Inc. (NASDAQ:CPRT), opened its new Munich East location at Hitzinger Wiesen 5 in Pilsting. “With our new Munich East location, we are pleased to make it more convenient for our buyers to purchase vehicles from Copart,” said Kai Siersleben, Managing Director of […]

Filed Under: News Tagged With: Copart, Europe, Germany, Openings

LKQ Corporation to Sell Two Czech Distributors

January 8, 2020 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) announced an agreement to sell its equity interests in two Czech wholesale automotive parts distributors to Swiss Automotive Group AG. Terms of the transaction were not disclosed. In May 2018, the European Commission cleared LKQ’s acquisition of Stahlgruber GmbH, with the exception of Stahlgruber’s two wholesale businesses in the Czech Republic, which […]

Filed Under: News Tagged With: Acquisitions, Czech Republic, Europe, LKQ Corporation

PPG to Acquire Industria Chimica Reggiana

January 8, 2020 By CollisionWeek Editor

Italy-based automotive refinish coatings manufacturer sells products in more than 70 countries. PPG (NYSE:PPG) today announced that it has reached an agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. The transaction is expected to close in the first quarter 2020, […]

Filed Under: News Tagged With: Acquisitions, Europe, Italy, PPG Industries

Coalition Calls for EU Legislators to Ensure Level Playing Field for Remote Access to Vehicle Data

November 20, 2019 By CollisionWeek Editor

Manifesto

Group calls upon EU decision makers to put forward legislation by 2020 ensuring remote access to in-vehicle data and functions. CECRA, the European umbrella organization of national automotive trade associations and European brand dealer councils, announced November 14 that a number of associations in the automotive sector and mobility services operators, insurers, consumers and small […]

Filed Under: News Tagged With: CECRA, Data Access, Europe, legislation, Right to Repair, Telematics

3M and sia Abrasives Settle Patent Infringement Disputes

November 12, 2019 By CollisionWeek Editor

3M Company, 3M Deutschland GmbH, 3M Innovative Properties Company, sia Abrasives Deutschland GmbH and sia Abrasives Industries AG have settled patent infringement lawsuits brought by 3M in the District Court of Mannheim in Germany and the Federal Patent Court in St. Gallen, Switzerland, and Robert Bosch GmbH has withdrawn its related opposition to 3M’s patent […]

Filed Under: News Tagged With: 3M, Europe, Lawsuits, Patents

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