• SCP acquires Alloy wheel repair specialists

    • November 17, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Soundcore Capital Partners, a control-oriented, New York-based private equity firm that invests in lower middle market businesses, today announced that it has completed the acquisition of Alloy Wheel Repair Specialists, the world’s largest full-service alloy wheel repair and replacement company. This marks the first platform investment since the firms launch in April, 2015. Terms of the [...]
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  • Toyota recalls 6.5 million cars

    • October 21, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    Japanese carmaker Toyota has said it will recall 6.5 million vehicles worldwide over a faulty window switch. The power switch could potentially short-circuit, causing parts to overheat and could lead to a fire. Toyota has already recalled some 10 million cars globally that were fitted with faulty air bags linked to a number of deaths. The [...]
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  • Coatings market to reach $11.3 Billion

    • October 1, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    According to a new report by Allied Market Research, titled, ‘World Automotive Refinish Coatings Market – Opportunities and Forecast, 2014-2020,’ the global market for automotive refinish coatings would be worth $11.3 billion by 2021 and shall grow at a CAGR of 6.3% during 2015-2021. Solvent-borne refinish coating technology segment currently accounts for about half of the revenue; however, by 2020, water-borne refinish [...]
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  • Continuous growth for European car market

    • September 17, 2015
    • Posted by: Simon Wait
    • Category: Industry News
    The European new-car market recorded growth of 11.5%, the third time this year double-digit growth has been achieved. Germany increased sales by over 13,000 units compared to August 2014, while Spain achieved over 11,000 more units registered. Cyprus, the Czech Republic, Ireland and Slovakia also recorded year-on-year growth for the month of more than 30%. [...]
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