A Nobel Decision: AkzoNobel names Gregoire Poux-Guillaume as new CEO
Toronto, Ontario — The international paint giants at AkzoNobel have named Gregoire Poux-Guillaume as the company’s new CEO, effective Nov. 1. Thierry Vanlancker, former CEO and member of the board of management since 2017, was announced to have reached the end of his term of office on Wednesday and will make space for Poux-Guillaume to […]
Cash Back: AutoCanada to buy back $100M of shares from investors
Edmonton, Alberta — On June 28, AutoCanada announced its intent to purchase up to $100 million in shares from its shareholders via a ‘modified Dutch auction,’ with shares for sale between $22 and $25 per share. The company advises shareholders to obtain up-to-date quotes for market prices of the shares, prior to tendering an offer. […]
Fifty Years Cleared: NOVUS Glass celebrates anniversary
Blainville, Quebec — This week, Entrepreneur Magazine ranked NOVUS Glass the 25th global franchise brand in its 43rd annual listing, considerably ahead of its competitors. This coincides with the 50th anniversary on June 28 for the automotive glass repair and replacement service company, which now owns over 1,000 points of service offering advanced windshield repair […]
Product Report: PPG introduces PPG DIGIMATCH camera and PPG VisualizID software for colour matching
Pennsylvania, United States – PPG has announced the introduction of its PPG VISUALIZID™ 3D visualization software and the PPG DIGIMATCH™ digital colour camera for advanced colour matching in body shops. The coatings company said the tools are the latest components of the PPG LINQ™ end-to-end digital solution for the global refinish industry. With the LINQ […]
Quality Crash: J.D. Power reports 11 percent increase in new-vehicle issues
Michigan, United States —A new study by J.D. Power appears to suggest a suspected industry trend–that vehicle build quality has been dropping. According to the 2022 U.S. Initial Quality Study, the automotive industry is experiencing an 11 percent increase in problems per 100 vehicles, resulting in an industry average of 180 problems per 100 vehicles. […]
