Axalta Releases 2017 Color_gen Color Collections to Enable Automakers to Innovate with Color Insights
Color_Gen report captures the preferences of three major driving demographics, Gen Next, GenHere&Now and GenLux
SHANGHAI--(BUSINESS WIRE)-- Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, unveiled Color_gen, its 2017 automotive color collection for automakers. Released first to customers at Axalta’s 2017 Color Show China, which took place in Chongqing and Shanghai between March 21 and 24, Color_gen is designed to help car manufacturers understand the color preferences of different generations of drivers. The collection captures the preferences of three distinct driving demographics: GenNext, GenHere&Now and GenLux.
The Color_gen report complements two other Axalta traditions, the annual Automotive Color Popularity Report, now in its seventh decade of publication, and the company’s Automotive Color of the Year which is Gallant Gray in 2017. In combination, these three resources provide automakers with customers’ color choices in the prior year, the latest trending color, and a glimpse into what will drive consumer decisions in the future, respectively.
“While Axalta continues to track global automotive color trends through various color insight initiatives, the Color_gen report examines additional perspectives of consumer age groups, such as their ambitions, personalities and lifestyles. We look into what makes a particular generation tick, because these factors influence decisions when it comes to choosing an automotive style, brand and color,” said Nancy Lockhart, Axalta Color Marketing Manager.
Her views are echoed by Steven Markevich, Executive Vice President and President, Transportation Coatings and Greater China for Axalta, who said, “Axalta’s color initiatives – such as trend mapping and popularity predictions – offer tremendous advantages to our key auto OEM customers interested in using this insight to innovate. Our customers count on Axalta’s more than 90 years of color expertise to help them become first-movers in the market.”
According to the Color_Gen report, GenNext is comprised of people ages 16 to 35, GenHere&Now includes individuals aged between 36 and 55, and GenLux represents those aged 55 and over.
Axalta established the first-ever Color Advisory Committee 90 years ago to craft colors specifically for cars. Since then, Axalta has remained committed to innovative color technology and continues to build on its tradition of providing customers with dependable insights into consumer color trends. Axalta also provides vehicle manufacturers and collision repair technicians with one of the most extensive color databases in the world which consists of more than four million colors.
About Axalta Coating Systems
Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, 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 more than 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 axalta.com and follow us on Twitter @axalta and on LinkedIn.
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Source: Axalta Coating Systems
Released March 24, 2017