Electric car batteries need cobalt, says Umicore
By CRM Staff Toronto, Ontario — February 14 –– Umicore has announced that cobalt will continue to be used in electric vehicle batteries, although it is becoming scarcer and more expensive. This comes in spite of recent moves toward using higher nickel compounds to boost energy density and cut costs. Marc Grynberg, chief executive officer, […]
Maintaining an online presence in the world of auto recycling
Toronto, Ontario — January 3, 3018 — In this day and age, an online presence along with a strong position within the social sphere is crucial for a successful business. Auto recyclers are no exceptions when it comes to the digital revolution. John Logel and Matt Jacobs of Logel’s Auto Parts, in Kitchener, Ontario, have […]
In Memoriam: Jack Isaac Cohen of Jasper Auto Parts
By Ian Hope Edmonton, Alberta — September 13, 2017 — Alberta has lost an industry icon with the passing of Jack Cohen, better known as “Jasper Jack.” He passed away on September 4, 2017 surrounded by his family which included his wife of 52 years, Marilyn, and his children Max, Cherie and Dave. It’s hard […]
OARA Conference highlights role of auto recycling in a sustainable economy
By Mike Davey and Jeff Sanford Toronto, Ontario — March 23, 2016 — The Ontario Automotive Recyclers Association (OARA) has concluded its 2016 Conference and Trade Show. The OARA Conference is the single largest auto recycling event in Canada, drawing attendees and presenters from well outside of Ontario. The conference took place March 18 to […]
Ransomware cyberattacker did not pretend to be Car-Part.com employee
By Mike Davey Hamilton, Ontario — March 14, 2016 — A recent “ransomware” attack on an automotive recycler has increased concerns about cybersecurity in the automotive aftermarket. Ransomware is a type of malicious software designed to block access to a computer system until a sum of money is paid. Usually the demand is accompanied by […]
Recent increase in global scrap steel prices
Toronto, Ontario — March 9, 2016 — Good news for automotive recyclers: there’s been an unexpected upturn in ferrous scrap prices recently. A number of experts have weighed in on whether the price bump will last. The price increase is quite recent and follows numbers in January that showed a decline in world steel production. […]
OARA Convention to present on revenue boosts, new regulations and more
By Mike Davey Markham, Ontario — March 9, 2016 — There’s barely a week to go before Canada’s largest automotive recycling event opens its doors. Presented by the Ontario Automotive Recyclers Association (OARA), the 2016 OARA Convention & Trade Show takes place March 17 to 20 at Markham Suites Conference Centre in Markham, Ontario. The […]
Automotive Commodity Exchange and MCI Cores announce merger
St. Louis, Missouri — February 24, 2016 — Automotive Commodity Exchange (ACE) and MCI Cores (MCI) have signed a definitive merger agreement. This agreement combines the collection, harvesting, and distribution of “big” automotive cores and commodities processed by ACE with that of the “small” automotive cores and commodities processed by MCI. “Big” automotive cores encompass […]
Video: Modern shredders are a ‘technological wonder’
Hamilton, Ontario — February 24, 2016 — It’s a vital component of the automotive recycling value chain, but how often do we think of the humble shredder? The old saying is “out of sight, out mind,” but we would do well to consider the benefits this provides to the automotive recycling industry and the world. Today’s […]
Hollander’s InPart to power online parts market
By Jeff Sanford Plymouth, Minnesota — February 24, 2016 — The advent of online marketplaces has changed many industries. This has been true in the case of providers of recycled parts in North America, but get ready for the next level of connectivity in the parts market. In a recent conversation with Canadian Auto Recyclers magazine, […]