Cards on the Table: Axalta expects supply chain disruptions to cost $40 million in lost net sales
Toronto, Ontario — Constraints in the Canadian supply chain continue to put the squeeze on automotive suppliers as Axalta said that they are expecting a $40 million drop in net sales for Q3 this year. With the microchip shortage and raw material inflation a daily reality for the global automotive industry, Axalta has decided to […]
Autumn Blues: PPG expects Q3 sales volumes to drop between $225 million to $275 million
Toronto, Ontario — Automotive paint manufacturer PPG reported on Tuesday that the company expects third quarter sales volumes to drop between US$225 million to US$275 million, compared to the coatings company’s predictions at the start of the third quarter. PPG attributes this projected drop in sales to ongoing challenges in the manufacturing supply chain, such […]
