Electric car batteries need cobalt, says Umicore

Marc Grynberg, chief executive officer, 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

In 2018, maintaining a presence on social media is considered by many to be an essential aspect of running a successful company.

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 […]

OARA Conference highlights role of auto recycling in a sustainable economy

A selection of photos from the 2016 OARA Conference. Check out the gallery below for more!

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

cyberattack stock photo

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

The prices for steel scrap have ticked up slightly recently, but this follows a year of lower than average 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

The 2016 OARA Convention & Trade Show takes place March 17 to 20 at Markham Suites Conference Centre in Markham, Ontario.

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

ACE and MCI Cores logos

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’

A shredder going full speed ahead. A modern shredder is capable of processing a staggering amount of material per hour.

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

Hollander logo

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, […]

Conquest Solutions launches SmartCycle analytics tool

SmartCycle logo

Buffalo, Wyoming — February 10, 2016 — Conquest Solutions, a corporation owned and managed by auto recyclers, has announced the launch of its SmartCycle complete business analytics tool. Current business management systems provide recyclers with a vast amount of data and information. However, the amount of time and resources required to sort through and analyze […]