Mazda announced the start of a joint research project with Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia, and Japan’s National Institute of Advanced Industrial Science and Technology (AIST) aimed at making internal combustion engines more efficient and reducing carbon dioxide emissions. The research topic focuses on developing a low-carbon fuel [...]

Symach announced that it has formed a strategic partnership with DCR (Diversified Collision Repair) Systems. As part of the new collaboration, the two companies will combine its strengths to build what Symach CEO Osvaldo Bergaglio refers to as ‘tomorrow’s workshop.’ ‘It’s clearly a relationship that will allow us to develop tomorrow’s workshops and utilize the [...]

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. [...]