Marketplace Transformation: Car-Part.com’s Jeff Schroder and Dave Picking of Eladene explain the use of data, AI in parts searching
Toronto, Ontario — This past Tuesday, the International Roundtable on Auto Recycling (IRT) hosted its webinar, “How Data and Designation Are Transforming Auto Recycling,” featuring industry leaders Jeff Schroder from Car-Part.com and Dave Picking from Eladene Systems. The session focused on the pivotal role of data integration and artificial intelligence in reshaping the auto recycling […]
CO2e Impact of Recycled Parts: Integrated Car Part Pro Reports Help Net-Zero Goals
Fort Wright, Kentucky — 35 MILLION METRIC TONNES of CO2e.* That’s the potential reduction of carbon emissions annually from Car-Part.com’s North American marketplaces, if quotes for top recycled parts are being utilized instead of new parts. That’s the equivalent of 32 percent of annual Canadian driving emissions!† That’s big news for collision industry companies with […]
EVs and Used Parts Reselling: David Giles discusses auto recycler EV profitability during OARA presentation
Toronto, Ontario — Automotive recyclers everywhere are wondering how they may sell electric vehicle (EV) parts as the zero-emissions vehicle parc grows–but they should fear not, as there are huge opportunities for recyclers willing to gain knowledge and take on the electric challenge. That’s the sentiment EV consultant David Giles left the audience with last weekend […]
High Tech Textiles: UBC researchers develop carbon fibre process sourced from oil sands materials
Photo by UBC Applied Science/Paul Joseph Vancouver, British Columbia — A research team from the University of British Columbia is currently in the process of weaving together the threads of Canada’s automotive future—literally, as they develop a new carbon fibre process sourced from oil sands materials. A Monday news release from the university revealed that […]
Revenue via Recycling: Stellantis to expand circular economy business unit
Amsterdam, Netherlands — Stellantis has announced its mission to generate more than $2.6 billion in savings via a mission to extend the life of its vehicles and parts, the OEM announced Tuesday. The OEM forecasts that it can save €2 billion (CND$2.6 billion) in recycling and reusing parts through its circular economy unit. Stellantis said […]
Net Worth: Ford to produce parts made entirely from recycled ocean plastics
Toronto, Ontario — Ford is dipping a toe into the world of recycled ocean plastics, announcing that the Ford Bronco will feature parts made entirely from repurposed waste pulled from our waters. The part in question is the wiring harness clip—you know, the clip that holds the wiring harness. It may appear intensely minor, but […]
If it Ain’t Broke: LKQ says salvage parts out-performing aftermarket in Q3 earnings report
Toronto, Ontario — LKQ released its third quarter earnings report last Thursday and found that recycled parts are out-performing the aftermarket in revenue. President and CEO Dominick Zarcone believes he knows why. “Salvage parts come from the local markets, right? We buy total loss vehicles locally, we dismantle them locally and then we can distribute […]
Making it Exclusive: Co-operators Group to use Audatex APU as exclusive parts vendor
Toronto, Ontario — The Co-operators Group popped the question and got the response they were looking for, as the insurance corporation has named the Solera Audatex APU solution as its exclusive alternative parts sourcing vendor. “The Co-operators have selected Solera Audatex at an exciting time. We recently released a major upgrade that reduces search time […]
Recycler’s Rebuke: ARA critical of Subaru ban on recycled parts, ‘stifles competition’
Toronto, Ontario — The Automotive Recyclers Association has some strong words for Subaru after the Japanese automaker dropped a ban on repairing their vehicles with recycled parts, earlier in August. Representing 4,500 auto recycling facilities worldwide, ARA contends that alternative parts are “safe and economical”, and that Subaru’s recent decisions on the matter put further […]
No Substitutions: Subaru updates position statement on aftermarket parts
Toronto, Ontario — Subaru has released an update to its position statement on the use of alternative, recycled and salvaged parts in repairs on the company’s vehicles. “Subaru of America simply wants to be as clear as possible regarding its position on the proper repair of Subaru vehicles,” said Devin Wilcox, Subaru’s collision certification manager. […]