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J.D. Power Completes Autovista Group Acquisition

March 4, 2024 By CollisionWeek Editor

Acquisition includes estimating system provider Glass’s. J.D. Power announced the completion of its acquisition of Autovista Group, a leading pan-European and Australian automotive data, analytics and industry insights provider. The acquisition, which was announced in September 2023, brings together Autovista Group’s comprehensive datasets, insights and industry expertise with J.D. Power market-leading predictive analytics and valuation […]

Filed Under: News Tagged With: Acquisitions, Europe, J.D. Power

MEMA Celebrates 120 Anniversary

March 4, 2024 By CollisionWeek Editor

MEMA, The Vehicle Suppliers Association, announced its 120th anniversary, a milestone that underscores the association’s enduring legacy and its pivotal role in advancing the future of mobility and the interests of vehicle suppliers. MEMA was founded on March 2, 1904, in Cleveland, Ohio to represent the burgeoning automotive parts manufacturing industry. For the last 120 […]

Filed Under: News Tagged With: Motor & Equipment Manufacturers Association

The Hartford Announces New Structure Combining Operations And Technology

March 4, 2024 By CollisionWeek Editor

The Hartford announced it is bringing together its Operations and Technology, Data, Analytics & Cyber functions expanding Deepa Soni’s role as chief information officer and head of Technology, Data, Analytics & Cyber to include Operations “Over the past several years, we have invested aggressively in technology – expanding digital capabilities, simplifying processes and platforms, and […]

Filed Under: News Tagged With: Artificial Intelligence, People, The Hartford

New AAA Research Shows Fatalities Due to Drowsiness 10X Higher Than Reported

March 4, 2024 By CollisionWeek Editor

30,000 deaths estimated due to crashes involving drowsy drivers between 2017-2021. Driving while battling the urge to fall asleep is a familiar feeling for many. However, soon-to-be-published research from the AAA Foundation for Traffic Safety reveals the shocking lethality of drowsy driving. And with Daylight Saving Time approaching (Sunday, March 10 at 2 AM), the […]

Filed Under: News Tagged With: AAA, Traffic Fatalities

State Farm Reports $14.1 Billion Underwriting Loss in 2023

March 1, 2024 By CollisionWeek Editor

Second year in a row reporting record underwriting loss on increased severity and catastrophe losses. In 2023, State Farm property and casualty insurance companies experienced growth in policies while also reporting record underwriting losses due to continued elevated claims severity and significant catastrophe activity, for both the auto and homeowners insurance companies. The State Farm […]

Filed Under: News Tagged With: Earnings, State Farm

Collision Industry Foundation Raising Funds to Assist Collision Repair Technician Injured in Crash

March 1, 2024 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced a fund-raiser for Gary Noble, a collision repair technician from Louisville, Ky. who works for Louisville Collision. He suffered a major automobile accident in November last year and has been out of work for over 15 weeks now. CIF is calling on the entire collision repair industry to help […]

Filed Under: News Tagged With: Collision Industry Foundation, Fundraiser

Car ADAS Solutions ADAS Calibration Technician Certification Program Receives I-CAR Industry Training Alliance Accreditation

March 1, 2024 By CollisionWeek Editor

Car ADAS Solutions announced that its ADAS Calibration Technician Certification Program has been qualified by the Inter-Industry Conference on Auto Collision Repair (I-CAR) for Industry Training Alliance course credits, becoming one of only 20+ such Alliance partners nationwide. Car ADAS Solutions’ program was developed in 2020 as part of the company’s Advanced Driver-Assistance Systems (ADAS) […]

Filed Under: News Tagged With: Approvals, Car ADAS Solutions, I-CAR

Six Students Receive BASF Paint Award of Excellence at Detroit Autorama

March 1, 2024 By CollisionWeek Editor

To kick off Detroit Autorama 2024 taking place this weekend, BASF announced it awarded six students the BASF Paint Award of Excellence. This honor went to a select group of high-achieving students who are passionate about the automotive industry and collision repair. The six selected students will participate in exclusive activities during the student career […]

Filed Under: News Tagged With: BASF, Michigan, Workforce Development

Auto Care Association and ASE Announce 2024 World Class Technicians

March 1, 2024 By CollisionWeek Editor

The Auto Care Association has announced the latest recipients of the World Class Technician Award in partnership with the National Institute for Automotive Service Excellence (ASE). The two organizations provide this annual recognition to professional technicians who have attained ASE certification in 22 specific areas during the previous calendar year. There are an estimated 887,000 […]

Filed Under: News Tagged With: ASE, Auto Care Association, Awards, World Class Technician

CCC Reports 2023 Revenue of $866 Million

February 29, 2024 By CollisionWeek Editor

Full year revenue up 11% versus previous year. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $866.4 million for the full year of 2023, an increase of 11% from $782.4 million in 2022. For the fourth quarter, total revenue was $228.6 million up 12% from $204.1 million for the fourth quarter of […]

Filed Under: News Tagged With: CCC, Earnings

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