Volvo Car Group signs multi-billion-dollar battery supply deal
By CRM staff Toronto, Ontario — May 15, 2019 — A long-term agreement has been signed between lithium-ion battery company Contemporary Amperex Technology (CATL) and the Volvo Car Group to ensure a multi-billion-dollar supply of lithium-ion batteries over the coming decade for the new models of Volvo and Polestar cars. As early as 2017, Volvo Cars […]
Lithion’s process will recycle 95 percent of old lithium-ion batteries into new ones
By CRM staff Toronto, Ontario – May 15, 2019 – While OEMs are leaning more towards electric vehicles, other companies are thinking of ways to properly recycle these vehicles batteries once they’ve reached its end of life cycle. Lithion, a Quebec recycling company has developed a process to recycle 95 percent of the old lithium-ion […]
Managing misfortune
By Gideon Scanlon To the observer, Frank Serravalle of Thorold Auto Parts and Recycling seems like a man fortune has taken a shine to, inheriting an established business set and primed for the future. Rarely seen without a warm smile on his face, the 44-year-old is, by any measure, happy and successful. His business, which […]
The impact autonomous emergency braking will have on the auto recycling industry
By CRM staff Toronto, Ontario — May 1, 2019 — With the feature of autonomous emergency braking systems in new model vehicles, auto recyclers may see an increase in bolts on parts sales and fewer supply parts, according to the managing director of Salvage Wire Andy Latham. “Auto recyclers may see an increase in bolts […]
Federal electric vehicle rebates are now available with an increased price limit
By CRM staff Toronto, Ontario — May 1, 2019 — More Canadians maybe purchasing electric vehicles as the Federal rebates to encourage the purchase of electric cars took effect on May 1. The rebates will take $5,000 off the cost of electric vehicles and $2,500 off plug-in hybrids initially only applying to vehicles that cost less […]
Calgary Metal Recycling yard has its fourth fire in seven years
By CRM staff Toronto, Ontario – May 1, 2019 – Dark smoke filled the air in southeast Calgary last Wednesday as 13 firetruck crews put out a blaze at metal recycling scrap yard, Calgary Metal Recycling. This would be the fourth major fire at this plant in the span of seven years. In 2012 the […]
Manitoba auto recycler is being asked to build a six-foot tall fence around his property
By CRM staff Toronto, Ontario – May 1, 2019 – The La Broquerie Council in Manitoba is ordering the owner of a car wreckage lot to build a six-foot tall fence around the property. Reeve Lewis Weiss has owned Weiss Auto for 30 years and close to 13 years ago Weiss wanted to add a […]
Jaguar works on a plan to give aluminum a second life
By CRM staff Toronto, Ontario — April 17, 2019 — Jaguar Land Rover is now in the next phase of its aluminum closed-loop strategy to reduce carbon dioxide emissions as well as its need for new aluminum. The British OEM’s Reality project outlines its plan to recycle the aluminum from its old cars to make […]
Snap-up airbag bounties with YAPP app
By Paul D’Adamo and Katie Stark Toronto, Ontario – April 17, 2019 – Rebuilders Automotive Supply has announced a new bounty program for recyclers, deployed and missing airbags. Additional automakers are bound to follow Ford’s lead in becoming the first automaker to pay for deployed/missing airbags. For recyclers, the only significant change is that the […]
Recyclers Unite at OARA’s Annual Convention and Tradeshow
By CRM staff Toronto, Ontario – March 29, 2019 – On Friday, more than 370 auto recycling industry stakeholders gathered from across North America for the Ontario Auto Recycling Association Convention and Tradeshow. The event was held at the Mississauga/Meadowvale Hilton Hotel. Over the course of the two-day event, guests listened to presentations and panels from […]