The Sherwin-Williams Company (NYSE: SHW) announced that its Board of Directors has elected Heidi G. Petz to serve as the Company’s next Chief Executive Officer (CEO), effective January 1, 2024. Ms. Petz, 48, who has served as President and Chief Operating Officer of Sherwin-Williams for the last two years, will assume the CEO duties currently […]
Safelite Group Acquires Idaho Auto Glass Business
The Safelite Group announced the acquisition of Idaho-based Intermountain Auto Glass. The transaction was completed on Friday, October 6. Intermountain operates a facility in Garden City, Idaho. “On behalf of our associates across the country, we welcome new team members with enthusiasm as they join us in providing the quality service our customers have come […]
CCC Launches Artificial Intelligence Estimating Solution for Collision Repair Facilities
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) today announced the introduction of its applied artificial intelligence (AI) to collision repairers allowing CCC ONE users the ability to automate initial damage assessments and jumpstarting the estimating process. Repair Cost Predictor uses AI to automate an initial damage assessment, instantly generating a repair cost prediction of damage for […]
Max Malaret Named Vice President of Claims at Plymouth Rock Assurance
Plymouth Rock Assurance Corporation announced that Max Malaret has joined its Independent Agency Auto Group as Vice President of Claims. In this role, Malaret will lead the Physical Damage team and provide oversight to claims training and leadership development, and drive strategic direction for claims operations. He will also hold responsibility for the subrogation and […]
State Farm Expands Non-OEM Collision Repair Parts Across Most of the U.S.
Announcement follows test of expanded non-OEM part types in California and Arizona in June. State Farm announced to its Select Service shops yesterday, October 9, that the largest private passenger auto insurer in the U.S. would fully sunset the decades-old suspension of non-original equipment manufacturer (non-OEM) collision repair parts in across most U.S. states starting […]
Classic Collision Acquires Three Collision Repair Centers in North Carolina
Classic Collision, LLC announced the acquisition of three CarSmart Collision Repair centers in Chapel Hill, Pittsboro, and Burlington, N.C. “There are fewer repair centers that still share our commitment to customer service and guarantee satisfactory results to every person who walks through our doors; I trust that Classic Collision will continue that commitment,” stated Mark […]
Copart Invests in Heavy Equipment Auction Company Purple Wave
Copart, Inc. (NASDAQ: CPRT) today announced a new strategic investment and partnership with Purple Wave, Inc., an online offsite heavy equipment auction company. Founded in 2000, Purple Wave is a pioneer in the online equipment auction industry, facilitating the sale of construction, agriculture and fleet equipment directly from a seller’s location through its no-reserve auction […]
FinishMaster Announces Winners of 4th Annual Hood Master and 3rd Annual PiN Master Challenges
Hosts fundraiser to support grant through Collision Repair Education Foundation. FinishMaster celebrated the skills and artistry of automotive refinish technicians and students announcing the recipients of its Hood Master and PiN Master challenges. As 350 guests entered the Biltwell Event Center in Indianapolis, Ind. on September 22, they immediately realized this year’s Hood Master would […]
ASE Fall Testing Registration Opens
The National Institute for Automotive Service Excellence’s (ASE) fall registration period for ASE testing and recertification is now open. Those registering by the Dec. 31 deadline will have 90 days to schedule an appointment to take their selected ASE tests. ASE offers three test-taking options. In-person testing is available for all tests and is held […]
Wholesale Used-Vehicle Prices Up in September Month-Over-Month
Prices were down compared to last year’s record levels. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis increased 1.0% in September from August. The Manheim Used Vehicle Value Index (MUVVI) rose to 214.3, down 3.9% from a year ago. Generally, higher used vehicle prices lower the number of total losses impacting the […]
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