HELLA is selling its Danish and Polish wholesale companies, FTZ Autodele & Verktoj and Inter-Team to the Swedish wholesaler, Mekonomen. A corresponding agreement has been signed by both companies. The purchase price amounts to €395m on a cash and debt-free basis. In addition, a consideration equivalent to profits generated from 30 November 2017 to completion [...]

Axalta has increased its prices for one of its refinish coatings technologies in Europe. The price increases come into effect from Q3 2018. This new technology applies specifically to Cromax CC6700 Ultra Performance Energy Clear, Spies Hecker Permasolid HS Speed Clear Coat 8800 and Standox Standocryl VOC Xtreme Clear K9580 and its related ancillary products. [...]

Service King Collision Repair Center has announced the company has officially opened its 40 repair center in the DFW metroplex. The more than 22,000sqft brand new facility is located in Fort Worth at 7933 Ederville Road. ‘This is another proud moment for the Service King family as we stride forward in our continued strategic expansion [...]

Ralf Brandstätter Volkswagen brand board member for procurement, has been named chief operating officer (COO) of the Volkswagen brand effective 1 August 2018. In this newly-created function, Ralf will lead the Volkswagen brand’s operating business. At the same time, he continues as the brand’s board member for procurement. Volkswagen CEO Herbert Diess said, ‘Ralf Brandstätter [...]

According to Future Car, Renault is to launch an all-electric carshare service in France called Moov’in. Moov’in will begin its service with a 100% electric fleet of 100 Zoe and 20 Twizy cars. Renault and ADA, a French rental car company, have partnered to launch the car sharing scheme. ADA will maintain the app, which [...]