Axalta Coating Systems announced it has recently opened its renovated Cromax training headquarters for the Europe, Middle East and Africa (EMEA) region, in Mechelen, Belgium. Extensive work was carried out at The Cromax Training Centre (CTC) in two phases over two years and has seen the facility being completely overhauled – both cosmetically and technologically […]
Report: Car Sharing Will Keep Growing, But It Will Not Disrupt the Automotive Industry
Boston Consulting Group projects car sharing will reduce new-vehicle sales by only 1 percent in 2021. Report projects autonomous vehicles will have greater impact on the industry but not until late 2020s. According to a new report from The Boston Consulting Group (BCG) while car sharing is taking hold in large urban areas in both […]
LKQ Acquires Rhiag-Inter Auto Parts Italia S.p.A.
LKQ Corporation (NASDAQ:LKQ) announced that it has signed an agreement to acquire the holding company of Rhiag-Inter Auto Parts Italia S.p.A, a European distributor of aftermarket parts, for €1.04 billion ($1.13 billion). Rhiag has operations in Italy, Czech Republic, Switzerland, Hungary, Romania, Ukraine, Bulgaria, Slovakia, Poland and Spain. The company operates through 247 distribution centers […]
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