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National Auto Body Council Opens Nominations for Annual Awards

May 22, 2023 By CollisionWeek Editor

The National Auto Body Council (NABC) announced it is opening the nominations for its 2023 NABC Changing and Saving Lives Award and the NABC President’s Award, which formally recognize individuals and companies for their leadership of and commitment to improving the collision repair industry. The NABC President’s Award is designed to honor the NABC member […]

Filed Under: News Tagged With: Awards, National Auto Body Council, Nominations

Still Time to Register for ASE Instructor Conference

May 22, 2023 By CollisionWeek Editor

There is still time to register for the 2023 ASE Instructor Training Conference.  Hosted by the ASE Education Foundation, the conference is scheduled for July 17-20 in Concord, North Carolina, just outside of Charlotte. Offering more than 20 hours of technical update training, the in-person conference will provide separate tracks for auto, medium/heavy truck and […]

Filed Under: News Tagged With: Annual Conference, ASE Education Foundation

Allstate Reports Replacements of Catalytic Converters up Nearly 1,200% Since 2019

May 22, 2023 By CollisionWeek Editor

The latest numbers from Allstate show that catalytic converter replacements among its customers grew 1,155% nationally between 2019 and 2022. And Allstate is not alone in this epidemic. According to the National Insurance Crime Bureau, an insurance industry trade organization, catalytic converter thefts nationwide increased 1,215% between 2019 and 2022. In several states, Allstate saw […]

Filed Under: News Tagged With: Allstate, Catalytic Converter Theft

LexisNexis Reports Auto Rate Increases Drove 17% Growth in New Auto Policies in First Quarter

May 19, 2023 By CollisionWeek Editor

Growth likely to slow in second half of 2023 as more auto insurers raise rates. The latest edition of the LexisNexis Risk Solutions Insurance Demand Meter reports the quarterly year-over-year U.S. auto insurance shopping growth rate rose 10.2% in Q1 2023, up from +2.8% growth in Q4 2022 as auto insurers continue to implement widespread […]

Filed Under: News Tagged With: Auto Insurance, LexisNexis Risk Solutions

AkzoNobel Reports Carbeat Reduces Collision Repair Shop Cycle Time 10-15%

May 19, 2023 By CollisionWeek Editor

AkzoNobel (AMS:AKZA) reports that its collision repair and automotive refinishing customers are reducing keys-to-keys cycle times due using Carbeat, a data-driven digital project management process simplifying the shopfloor workflow, while tracking critical data using a seamless blend of technology and services. According to the company, its customers are experiencing a 10 to 15 percent reduction […]

Filed Under: News Tagged With: AkzoNobel, Cycle Time, Production Scheduling

Audatex UK and Bodynet Extend Integration with Automated Two-Way Image Data Flow

May 19, 2023 By CollisionWeek Editor

Audatex UK announced that as part of the latest integration enhancements, images of damaged vehicles can now be seamlessly passed between Audatex and Bodynet, improving on the existing integration between the Bodynet management solution and AudaEnterpriseGold. The reliable flow of repair data and information is critical to allow for higher automation and improved efficiency, especially […]

Filed Under: News Tagged With: Audatex UK, Bodynet, Integrations

Copart Reports Fiscal Third Quarter Revenue Up Nearly 9%

May 19, 2023 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30,  revenue was $1,021.8 million, an increase in revenue of $81.9 million, or 8.7% from the same period a year ago. Gross profit was $483.4 million, an increase of $47.2 million, or 10.8%, and net income was $350.4 million an increase of $71.8 million, or […]

Filed Under: News Tagged With: Copart, Earnings

ASE May 23 Webinar Examines Collision Repair Training Program Paint Operation Improvements

May 19, 2023 By CollisionWeek Editor

The National Institute for Automotive Service Excellence (ASE) is hosting a free on Tuesday, May 23 at 4:00 p.m. ET entitled Paint Operation Improvements. In this webinar, Jason Garfoot with 3M will discuss how to improve paint operations for collision repair training programs. These programs are facing many of the same challenges – reduced budgets, […]

Filed Under: News Tagged With: 3M, ASE, Career and Technical Education, Webinars

CARFAX Reports Alarming Number of Cars with Urgent Recalls Remain Unrepaired in the U.S.

May 18, 2023 By CollisionWeek Editor

California, Texas and Florida each have more than 200,000 vehicles with critical safety recalls. More than 2.5 million vehicles that have been tagged with Do Not Drive or Park Outside safety recalls remain unrepaired as of May 1, CARFAX data shows. Ten states have more than 70,000 of these vehicles driving on their roads, with […]

Filed Under: News Tagged With: Carfax, Recalls

Allstate Announces April Implemented Auto Rate Increases of 8.6% in 13 Locations

May 18, 2023 By CollisionWeek Editor

Rate increases since the beginning of the year expected to raise written premiums by $862 million. The Allstate Corporation (NYSE: ALL) announced that during the month of April, the Allstate brand implemented auto rate increases were 8.6% across 13 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto insurance […]

Filed Under: News Tagged With: Allstate, Net Written Premiums, Premiums

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