BodyShop News Summernats Giveaway

The 31th Street Machine Summernats proudly supported by Rare Spares is the largest annual horsepower party in the Southern Hemisphere, taking place this January 4 – 7, 2018 in Canberra. Featuring the world’s greatest burnout competition; the National Burnout Masters, the colourful City Cruise, the craziest cars in the country and so much more, plus a huge music line up including Wolfmother, Thundamentals and 28 Days. With so much entertainment, Summernats is a motoring lifestyle festival that you need to experience, so make sure you join more than 100,000 fans for an iconic Australian motoring experience like no other. Tickets are on sale at www.summernats.com.au

BodyShop News has four tickets to give away to the first four emails with the right answer to this question: “How many Summernats have there been already?”

Email to [email protected].

Automechanika Shanghai 2017 Closes With Record Breaking Figures

The 13th edition of Automechanika Shanghai, which took place from 29 November to 2 December 2017, has posted its most successful results to date. The event is Asia’s largest for the automotive parts, accessories and services industries, and represents the entire supply chain for business exchange, marketing, networking and education on a global scale. This year’s edition once again demonstrates the show’s impressive growth path, with the final figures for this year exceeding all expectations:

  • Visitors: 130, 928 (2016: 120,671) – 9 per cent increase
  • Exhibitors: 6,051 (2016: 5,756) – 5 per cent increase
  • Scale: 340,000 sqm (2016: 312,000) – 9 per cent increase

The success of the fair and its expanded sector representation was clearly reflected on the show floor, particularly through the brand new REIFEN Zone for tyres, wheels and rims, as well as in the expanded Electronics & Systems sector and the E-Mobility & Infrastructure Zone. Visitors were impressed with the exciting displays within the Motorsports & High Performance Zone, and also with the increased number of international pavilions on offer during the fair.

On top of this, even more positive feedback came from Automechanika Shanghai’s many concurrent fringe events, which this year totalled 57. These included the highly anticipated Connected Mobility Conference, as well as the AIAG Auto Parts Purchasing Leadership and Suppliers Summit and the 3rd Summit: Merger and Acquisition Strategies for Chinese Automotive Corporations in the Overseas Markets. The fair’s participants considered each of these aspects to be a vital source for expanding their business across Asia’s entire automotive industry, and have expressed their satisfaction with this year’s edition.

The next edition of Automechanika Shanghai will take place from 28 November – 1 December 2018.

Compass To Change Advertising Of Its Replacement Vehicles For Accidents

CompassCorp Pty Ltd trading as Compass Claims (Compass) will amend its advertising and sales practices following an investigation by the ACCC.

Compass is a credit hire business which provides hire cars to consumers who are not at fault in car accidents. Compass is one of the largest providers of these services in Australia.

The ACCC considered Compass was misrepresenting in brochures, its website and in phone calls that consumers who engaged Compass would not be liable for hire car charges or associated costs. Although Compass waived those charges, its contract only required Compass to do so if it was able to recover the charges from the at-fault party or their insurer.

The ACCC also considered Compass represented that consumers would not have to take any further steps to recover costs arising from their car hire. Instead, a consumer was required to assist Compass, which could include authorising court action in the consumer’s name, providing witness statements and attending court.
Compass cooperated with the ACCC’s investigation and has made several changes to its advertising, call centre procedures and sales practices to inform consumers of hire charges and their obligation to provide assistance.

“The ACCC will review the marketing and sales practices of other credit hire businesses and will pursue businesses that mislead consumers,” ACCC Deputy Chair Delia Rickard said.

Nippon Paint And Axalta End Acquisition Talks

Axalta Coating Systems confirmed that its discussions on a possible acquisition by Nippon Paint have ended. According to Axalta, Nippon Paint’s Board of Directors were unwilling to meet Axalta’s expectations regarding the value of the company and assume the financial leverage necessary for the deal.

Axalta has recently been sought after by two global competitors,” said Charles W. Shaver, Axalta’s Chairman and Chief Executive Officer. “While neither deal came to fruition, the keen interest by these companies underscores Axalta’s global leadership position. Our current and future operational plans have not wavered during these discussions. We are well positioned to continue as a standalone growth company and will remain disciplined in generating superior long-term value for our shareholders.”

Chris Weeks Appointed Director Of UK’s National Body Repairers Association

The Retail Motor Industry Federation (RMI) announced the appointment of Chris Weeks as Director of the National Body Repairers Association (NBRA) and the Vehicle Builders Repairers Association (VBRA). Weeks succeeds Jason Moseley, who announced his resignation in August.

Peter Johnson, RMI Chairman said, “We are delighted to have someone with Chris Weeks industry experience and background joining the RMI to head the two body repairers’ associations.”

Chris Weeks was most recently Director of Networks and Supply Chain at Innovation Group. Prior to this he was Director of UK Assistance Accident Repair Centres at Direct Line Group. Weeks has also worked in various roles for Churchill and RBS Insurance, with his last position as Head of Engineering and Head of Business Services.

AkzoNobel And Axalta End Merger Discussions

After confirming market speculation that it was in talks with Axalta regarding a potential merger of its Coatings business, AkzoNobel announced it had ended its discussions with Axalta without agreement.

The Dutch company said that it will continue to focus on its strategy of accelerating sustainable growth and profitability through the creation of two focused, high-performing businesses and remains committed to its 2020 financial guidance.

The separation of the AkzoNobel Specialty Chemicals business and return of the vast majority of the net proceeds to shareholders remain on track.

Thierry Vanlancker, CEO of AkzoNobel, said: “I am confident that our strategy offers significant value for shareholders and other stakeholders in the short, medium and long term. We remain focused on our strategic options to continue to develop our business and improve profitability in the future.”

“After pursuing a potential combination of Axalta and Akzo, we concluded we could not negotiate a transaction on terms that meet our criteria,” said Charles W. Shaver, Axalta’s Chairman and Chief Executive Officer. “Any transaction we ultimately agree to needs to generate superior long-term value for Axalta shareholders as compared to the continued execution of our strategic plan.”

NSF Certifies First Automotive Recyclers in Australia

NSF International has issued its first automotive recycler certifications to three companies in Australia. ASV Euro Car Parts in Sydney, Grant Walker Parts in Melbourne and Paradise Auto Parts in Adelaide meet all of the NSF International certification requirements, including rigorous grading, operational, labelling and traceability requirements, as well as safety and environmental compliance requirements.

NSF International’s automotive recycler certification provides independent third-party confirmation that automotive recyclers meet national and local recycler requirements including environmental and safety requirements. Additional requirements for certification include having processes in place for vehicle acquisition, dismantling, equipment, parts storage and customer service as well as inventory tracking and recall procedures.

“The National Motor Vehicle Theft Reduction Council supports standards that help the automotive recycling industry enhance their operations from a safety, provenance and environmental perspective,” said Ray Carroll, Executive Director, National Motor Vehicle Theft Reduction Council. “NSF International certification provides recyclers a means to demonstrate this commitment.”

“Being the first Australian recyclers to earn NSF International automotive recycler certification exemplifies ASV Euro Car Parts’, Grant Walker Parts’ and Paradise Auto Parts’ outstanding dedication and commitment to safety, the environment and customer service,” said Bob Frayer, Global Managing Director of NSF International’s Automotive Certification Programs.

Messe Frankfurt Acquires Automotive Maintenance & Repair Expo (AMR)

Messe Frankfurt (HK) Ltd has acquired a major proportion of Beijing Traders-Link Plus International Exhibition Co Ltd, organiser of the Automotive Maintenance & Repair Expo (AMR) in Beijing.

The agreement of the acquisition was signed in Shanghai on 10 November 2017 between Messe Frankfurt (HK) Ltd and Beijing Traders-Link Plus International Exhibition Co Ltd. In the agreement, both parties accorded to form a new joint venture company named Messe Frankfurt Traders-Link (Beijing) Co Ltd, in which Messe Frankfurt will hold the majority interest. This acquisition is also strongly supported by industry associations: The China Automotive Maintenance Equipment Industry Association (CAMEIA) and the China Automotive Maintenance and Repair Association (CAMRA), who are also the co-organisers Automotive Maintenance & Repair Expo (AMR).

Stephan Buurma, Member of the Board of Management of Messe Frankfurt Group, shared his view: “The Automechanika brand shows in Shanghai, Kuala Lumpur, Ho Chi Minh City and New Delhi, as well as the CAPAS show in Chengdu, together cover all areas of the value chain to serve the flourishing aftermarket sector in Asia and in China in particular. The next step is to strengthen our presence in each of the industry’s sectors.”

“Being the biggest automobile market in the world, China’s repair and maintenance market is growing eminently. This new acquisition provides fast access for our key customers in the automotive field to penetrate this booming market,” Buurma added.

Steven Wang, General Manager of Beijing Traders-Link Plus International Exhibition Co Ltd, believes the agreement comes at a good time for international key players to tap into the evolving repair and maintenance sector. He said: “With the recently passed Administrative Measures for Automobile Sales policy and the increase in out of warranty vehicles, the sector’s structure is expected to evolve from the domination of 4S, to multiple forms such as independent workshops and online platforms. Despite the aftermarket being more competitive than ever, it unlocks unprecedented opportunities for distributors, end-users and stakeholders from the global repair and maintenance suppliers. I am certain that the move is mutually beneficial to both local and international industry counterparts.” Wang also said that with the new acquisition, the organiser is projecting an increase in the 2018 show’s scale to 1,200 exhibitors and 60,000 visits.

AMR has successfully grown into Asia’s biggest and one of the world’s top three trade fairs. In its latest edition in 2017, the show’s scale expanded to 110,000 sqm of exhibition space and attracted 1,139 exhibitors and 58,212 visits.

The show covers every aspect of the auto maintenance and repair sector including garage equipment, testing & diagnostic equipment and tools, coating, collision repair, car care and car wash, chain stores, training and software. The broad product spectrum attracts trade visitors such as 4S shops, car care shops, car manufacturers, chain stores, distributors and wholesalers, test stations, transportation companies, tyre shops and workshops to source and look for business opportunities every year.

Automotive Maintenance & Repair Expo 2018 (AMR 2018) will be held from 1 – 4 April at the New China International Exhibition Centre (NCIEC). For more information, please visit www.amr-china.cn or e-mail [email protected].

AkzoNobel Confirms Discussions With Axalta Regarding Potential Merger

In response to market speculation, AkzoNobel confirms it is currently in constructive discussions regarding a merger of the AkzoNobel Paints & Coatings business with Axalta. This will create a leading global paints & coatings company through a merger of equals.

AkzoNobel confirms that its separation of Specialty Chemicals, including the return of the vast majority of net proceeds to shareholders, remains on track for April 2018 and is unaffected by these discussions.