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Record Revenue: Axalta releases fourth quarter and full year 2024 financial results; highlights record net sales
Axalta
Welcomes of the Week: CARSTAR expands footprint in Winnipeg, opens new downtown location
Carstar
Levelling Up In Langley: Kirmac Automotive opens its largest facility in Langley, British Columbia
The facility houses Kirmac’s three brands: Kirmac Collision and Autoglass, Reborn Autobody—which specializes in luxury vehicles—and its newest division, Fleet Street Commercial Vehicle Repairs—for light, medium and heavy-duty vehicles.
A Reliable Relationship: Chapman Auto Body celebrates first Intact Service Centre in Atlantic Canada
Chapman Auto Body
Financial Findings: AkzoNobel releases fourth quarter and full year financial results for 2024; indicates revenue increases of four percent in the period
AkzoNobel
For the new year, based on current market conditions and constant currencies, AkzoNobel further expects to deliver 2025 adjusted EBITDA above £1.55 billion. Fourth-quarter revenues were up three percent in the automotive and specialty coatings segment.
Leclerc Leaves: Honda Canada President and CEO to retire
Jean Marc Leclerc, Honda Canada's president and CEO, is set to retire after a 40-year career in the industry. Dave Jamieson, Honda Canada's senior vice president and COO will take over the role effective April 1, 2025.
Tuesday Ticker: Let’s talk tariffs; U.S. tariffs on Canadian goods paused for 30 days
U.S. President Donald Trump's 25 percent tariffs
on goods from Canada will be paused following a late-Monday called between the President and Prime Minister Trudeau. Canadian auto parts suppliers and manufacturers were worried that production may stop by the end of the week, which could have "devastating effects" on the overall supply chain.
Make Way for Monger: Kirk Monger new North American Director of Sales and Business Development, Auto PARTnered Solutions
"With over 30 years of experience—including his time leading national accounts and sales teams at Hollander—Kirk brings a wealth of knowledge, deep industry connections and a commitment to helping recyclers succeed,” says Managing Director, APS, Chris Daglis.
Mentorship Meet-Ups: Accelerate Auto launches mentorship program for women in the automotive industry
Financial Figures: PPG reports fourth quarter and full-year 2024 financial results; highlights yearly net sales of $15.8 billion
PPG
Tim Knavish, PPG chairman and CEO, announces PPG's fourth quarter and full-year 2024 financial results, highlighting net sales of $15.8 billion for the year.
CFIB Findings: More than half of small businesses fell short of revenue, profit, sales goals in 2024
The Canadian Federation for Independent Businesses says 52 percent of small and medium enterprises reported falling short of expectations for 2024. Looming U.S. tariffs also pose a threat, notes the organization.
Scaling the Skilled Summit: Support Ontario Youth to hold first ever Trades and Talent Summit
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