STOCK TITAN

Axalta receives Best Supplier Award CAOA Chery in Brazil

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Axalta (NYSE: AXTA), a global coatings supplier, was awarded Best Supplier by CAOA Chery in Brazil, marking its second consecutive win. The recognition highlights Axalta's commitment to providing innovative and high-quality coating solutions. Additionally, the company received accolades for Innovation and Excellence in Direct Purchase. The awards commend the outstanding service and performance of 14 companies in the automotive sector, reinforcing Axalta's strong partnership with CAOA Chery and its dedication to helping customers achieve productivity goals.

Positive
  • Awarded Best Supplier by CAOA Chery for the second consecutive year.
  • Recognized for Innovation and Excellence in Direct Purchase.
  • Strengthened relationship with a key automotive partner.
Negative
  • None.

SÃO PAULO, Aug. 23, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was named Best Supplier by CAOA Chery in Brazil. This award is Axalta's second win in as many years. In addition, the company was also recognized for Innovation and Excellence in Direct Purchase.

Both awards reinforce Axalta's commitment to providing the best, most innovative coating solutions and helping customers exceed productivity goals. The fifth edition of the Best Supplier Awards was held virtually and recognized 14 companies whose products and services have outstanding quality, performance and technology.

"At Axalta, we work hard every day to deliver high-quality products, technology and services to help our customers achieve their business objectives," said Mateus Aquino, President of Axalta in Brazil. "We are honored to receive this recognition from CAOA Chery. We look forward to strengthening our longstanding partnership and working together for many years to come."

"The Best Supplier Award is the hallmark of service within the automotive sector. It is a testament to CAOA's top-performing suppliers and partners. We recognize their outstanding service each year," says Ivan Witt, Director of Shared Services at CAOA Group.

CAOA is a manufacturer with the license to produce car and SUV models for Hyundai and Chery in the Brazilian market.

To learn more about Axalta, visit www.axalta.com.

About CAOA
Founded in 1979, CAOA is a reference in the Brazilian automotive sector. It currently employs over 6,000 people and has dealerships of the Ford, Hyundai, and Subaru brands, besides being the exclusive importer of the Hyundai and Subaru brands in Brazil since the late 1990s. CAOA is also a vehicle manufacturer with a plant in Anápolis, GO. Currently CAOA has a network of 240 Concessionaries and also operates with CAOA CHERY, at the Jacareí (SP) plant, where the Tiggo 2, Tiggo 3x, Arrizo 5 and Arrizo 6 models are produced. Learn more about CAOA and its products at www.caoa.com.br.

About Axalta
Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful, and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity, and enhance durability. With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology. For more information, visit axalta.com and follow us @axalta on Twitter.

Media contact:
Karen Perez
D +55 5068 2894
karen.perez@axalta.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/axalta-receives-best-supplier-award-caoa-chery-in-brazil-301357969.html

SOURCE Axalta Coating Systems Ltd.

FAQ

What award did Axalta receive from CAOA Chery?

Axalta was awarded Best Supplier by CAOA Chery in Brazil.

How many times has Axalta won the Best Supplier award?

Axalta has won the Best Supplier award for two consecutive years.

What other recognition did Axalta receive in Brazil?

Axalta was recognized for Innovation and Excellence in Direct Purchase.

What does the Best Supplier award signify?

The award signifies outstanding quality, performance, and service within the automotive sector.

What is Axalta's commitment to its customers?

Axalta is committed to providing innovative, high-quality coating solutions to help customers exceed productivity goals.

Axalta Coating Systems Ltd.

NYSE:AXTA

AXTA Rankings

AXTA Latest News

AXTA Stock Data

8.79B
218.06M
0.39%
100.93%
2.93%
Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Link
United States of America
PHILADELPHIA