Vehicle manufacturers concerned targets beyond what consumers are willing to purchase. The European Commission is proposing to reduce the 2021 limit for emissions by 15 percent from 2025 and by 30 percent from 2030. New targets are expressed in percentages because the 95 g/km standard will have to be recalculated according to the new more […]
Copart Adds Second Location in Germany
Copart, Inc. (NASDAQ:CPRT ) announced the opening of its second location in Germany. The facility is located at Industriegelände Nobitz 6, Nobitz, Thuringia, near Leipzig, Germany. “We are proud to open our second location in Germany,” said Alain Van Munster, Managing Director, Copart Germany. “With our proximity to Leipzig, we are able to more efficiently […]
LKQ Finalizes Stahlgruber Acquisition
LKQ Corporation (NASDAQ:LKQ) today announced the closing of its acquisition of Stahlgruber GmbH from Stahlgruber Otto Gruber AG that was announced in December. Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations in Germany, Eastern Europe, Italy, and with further sales […]
BASF Launches New Resource-Saving Refinish Product Line in Europe
BASF’s Coatings division announced it has launched new product lines in Europe for its Glasurit and R-M® refinish paint brands that make automotive refinishing more sustainable. According to the company they are the world’s first refinish products manufactured according to the certified biomass balance approach, therefore contributing to reduce CO2 emissions. For the biomass […]
LKQ Corporation Acquires European Aftermarket Parts Distributor
Announces Agreement to Acquire Germany-based Stahlgruber GmbH LKQ Corporation (NASDAQ:LKQ) announced an agreement to acquire Stahlgruber GmbH from Stahlgruber Otto Gruber AG for an enterprise value of approximately €1.5 billion ($1.77 billion). Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations […]
Symach Expands Production Capacity in Italy
Symach announced it is designing a cutting-edge 3,000-square meter (32,000 sq. ft.). technical department at its facility in Calderara di Reno, Bologna, Italy. It will be equipped with a complete TRUMPF machining line including a TruPunch 3000 Sheetmaster machine for cutting sheet metal and loading, unloading and selecting parts, as well as a TruBend Series […]
AkzoNobel and HELLA S.A. Introduce Wanda Brand in Spain
AkzoNobel announced it is introducing of its vehicle refinishes brand Wanda in Europe through it’s long-term partner HELLA S.A. Spain is the first European country to see the launch of Wanda and will be introduced in other European countries starting next year. “As part of the AkzoNobel high-performing product family, Wanda draws on world-leading expertise […]
PPG Names Zamblera VP for Refinish for Europe, Middle East and Africa
PPG (NYSE:PPG) today announced Jérôme Zamblera will become vice president, automotive refinish, Europe, Middle East and Africa (EMEA), and director, environment, health and safety (EHS), EMEA. Zamblera will report to John Outcalt, vice president, global automotive refinish and Greindl. Zamblera is currently general manager, automotive refinish, EMEA, and also oversees EHS, EMEA. PPG also announced […]
European Commission Fines Three Vehicle Lighting System Producers €27 million in Antitrust Settlement on Parts Sales to Aftermarket
The European Commission has fined Automotive Lighting and Hella a total of €26,744,000 ($29.78 million) for participating in an automotive lighting cartel, in breach of EU antitrust rules. Valeo was not fined as it revealed the cartel to the Commission. All companies admitted their involvement and agreed to settle. The investigation concerned the aftermarket segment […]
BASF Opens Renovated Refinish Competence Center in Netherlands
BASF’s R-M brand announced the reopening of its completely renovated Refinish Competence Center in Maarssen, Netherlands on June 15. More than 100 R-M customers came to Maarssen to celebrate the opening. During the renovation, which began late last year and was ready at the beginning of this year, a new spraybooth with high panorama windows […]
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