AXTA Axalta Coating Systems Ltd.

Axalta congratulates the MERCEDES AMG PETRONAS Formula OneTM Team on achieving #TheTriple

The MERCEDES AMG PETRONAS Formula OneTM Team has followed up on its successes in 2014 and 2015 by winning the 2016 FIA Formula OneTM World Constructors’ Championship1. Securing the title at the Japanese Grand Prix in Suzuka on Sunday, October 9, 2016, Mercedes-Benz becomes only the fifth constructor to win three consecutive titles.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161010006146/en/

Nico Rosberg's win at Japanese Grand Prix gives Mercedes AMG Petronas Formula One Team the World Con ...

Nico Rosberg's win at Japanese Grand Prix gives Mercedes AMG Petronas Formula One Team the World Constructors' #TheTriple (Photo: Axalta)

As an Official Team Supplier, Spies Hecker, one of the global refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is responsible for the paint of the high-impact, instantly-recognizable livery on the most recent Silver Arrow – the Mercedes F1 W07 Hybrid car.

“Massive congratulations to the MERCEDES AMG PETRONAS Formula OneTM Team for being crowned FIA Formula OneTM World Constructors’ Champions for the third year in a row. Achieving #TheTriple is quite an achievement and a real testament to teamwork,” says Joachim Hinz, Spies Hecker Brand Manager for Europe, Middle East and Africa. “We are delighted to have contributed by helping to make the cars look as fantastic as they perform. The paintwork on the Mercedes F1 W07 Hybrid car was designed to look stunning and formulated to withstand the tough conditions on the race track, while adding minimal weight.”

This is the fourth year that the MERCEDES AMG PETRONAS Formula OneTM Team has chosen Spies Hecker as its paint supplier. The refinish brand not only provides the team with a variety of highly durable, VOC-compliant paint products including Permahyd Hi-TEC Base Coat 480, but also works closely alongside the paint and graphics team with on-site technical support and training.

“Winning the FIA Formula One World Constructors’ Championship is the collective achievement of all our team partners and suppliers, and a credit to the support and expertise that they provide to our team. We are absolutely delighted to have achieved this result,” says Andrew Moody, Head of Paint and Graphics, MERCEDES AMG PETRONAS Formula OneTM Team.

For more information about Axalta, visit www.axaltacs.com. For more information about Spies Hecker and its relationship with the MERCEDES AMG PETRONAS Formula OneTM Team, please visit www.spieshecker.com/F1speed or follow the brand on Twitter @spieshecker. To read more about the MERCEDES AMG PETRONAS Formula OneTM Team and its recent win, follow the team on @MercedesAMGF1 or search #TheTriple.

About Axalta Coating Systems – Celebrating 150 Years in the Coatings Industry

Axalta is a leading global company focused solely on coatings and providing customers with innovative, colourful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With 150 years of experience in the coatings industry, the 12,800 people of Axalta continue to find ways to better serve our more than 100,000 customers in 130 countries every day with the finest coatings, application systems and technology. For more information visit axaltacoatingsystems.com and follow us on Twitter @axalta and on LinkedIn.

About Spies Hecker

Spies Hecker, one of the global refinish coating brands from Axalta Coating Systems, develops optimum and practical paint system solutions that can make bodyshop work easier and more efficient. With more than 130 years of success behind it, Spies Hecker’s high-quality product systems, customised service and targeted training demonstrate its partnership with the refinish industry. Based in Cologne, Germany, it is one of the world’s leading vehicle refinish brands, and is available in over 76 countries worldwide.

Spies Hecker – simply closer!

1 Subject to official confirmation by the FIA of the results of the 2016 FIA Formula OneTM World Championship

EN
10/10/2016

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Axalta Coating Systems Ltd.

 PRESS RELEASE

Axalta Schedules Second Quarter 2025 Earnings Conference Call

Axalta Schedules Second Quarter 2025 Earnings Conference Call PHILADELPHIA, July 08, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its second quarter 2025 financial results at 6 a.m. ET on Wednesday, July 30. The release and supporting materials will be posted to . In addition, the company will host a conference call at 8 a.m. ET on July 30. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Officer, will review the company's financial performance for the p...

 PRESS RELEASE

Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leadin...

Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leading Women in North American Auto Industry PHILADELPHIA, May 20, 2025 (GLOBE NEWSWIRE) -- (AXTA), a leading global coatings company, announced today that Dr. Lei Qiao, Vice President of Technology, Mobility, has been named as one of the 100 Leading Women in the North American Auto Industry by Automotive News. The award recognizes exceptional female leaders in the automotive field who make major decisions with significant impact at their companies. Dr. Qiao currently leads the Mobility technology team and is based at Axal...

 PRESS RELEASE

Axalta Releases First Quarter 2025 Results

Axalta Releases First Quarter 2025 Results PHILADELPHIA, May 07, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights: First quarter net sales of $1.26 billionNet income increased 154% year over year to $99 million; net income margin of 7.8%Record first quarter Adjusted EBITDA of $270 million, an increase of 4% year over yearAdjusted EBITDA margin improved 140 basis points year over year to 21.4%Diluted EPS increased 150% to...

 PRESS RELEASE

Axalta Wins 2025 Automotive News PACE Pilot Award

Axalta Wins 2025 Automotive News PACE Pilot Award Axalta NextJet™ automotive digital paint technology named Innovation to Watch PHILADELPHIA, April 16, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (AXTA), a leading global coatings company, announced today that the digital paint technology Axalta NextJet™ was named a 2025 Automotive News PACE Pilot Innovation to Watch. The recognition honors pre-commercial innovations in the automotive and future mobility space. is a next-generation, sustainable digital paint technology for the automotive industry. This advancement allows for precis...

 PRESS RELEASE

Axalta Schedules First Quarter 2025 Earnings Conference Call

Axalta Schedules First Quarter 2025 Earnings Conference Call PHILADELPHIA, April 09, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its first quarter 2025 financial results at 6 a.m. ET on Wednesday, May 7. The release and supporting materials will be posted to . In addition, the company will host a conference call at 8 a.m. ET on May 7. Chris Villavarayan, Chief Executive Officer and President, and Carl Anderson, Senior Vice President and Chief Financial Officer, will review the company's financial performance for the period...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch