Legislation to prohibit repair incentives, assignment of benefits and steering sent to Governor. The Florida House of Representatives yesterday voted 103-16 to send auto glass legislation that prohibits repair facilities from offering incentives to customers on insurance claims or the assignment of benefits to a glass claim to Governor Ron Desantis. Florida Senate Bill 1002 […]
Axalta Reports Sales Up 9.4% in First Quarter Compared to Last Year
Refinish sales and volumes both up in the quarter. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales increased 9.4% year-over-year, and 12.1% excluding the impact of foreign exchange (FX) rates, for the first quarter ended March 31. The strong growth was driven by 9.4% higher average price mix and 2.7% better volumes, offset by a […]
Auto Glass Now Expands with Ten New Locations
Auto Glass Now announced the opening of ten new facilities across the country. “It is an exciting time for our Auto Glass Now brand as our growth is continuing at a fast pace and in new regions,” said Nick Ouimet, glass president, Driven Brands. “Our expansion into new markets has allowed our services to span […]
PACCAR and Toyota Announce Agreement to Commercialize Hydrogen Fuel Cell Trucks
PACCAR and Toyota Motor North America, Inc. today announced an expansion of their joint efforts to develop and produce zero emissions, hydrogen fuel cell (FCEV) Kenworth and Peterbilt trucks powered by Toyota’s next-generation hydrogen fuel cell modules. The expanded agreement supports ongoing development and commercialized zero-emission versions of the Kenworth T680 and Peterbilt 579 models […]
Ford Motor Company Fund and Enterprise Holdings Foundation Expand Collision Engineering Program
Parkland College in Illinois is seventh U.S. school to offer program. The Enterprise Holdings Foundation and Ford Motor Company Fund have announced that the Parkland College Automotive Collision Repair Program in Champaign, Ill., has been selected as the seventh school to offer the Collision Engineering Program (CEP). The program expansion is made possible through the […]
Auto Care Association Forms Sustainability Committee
The Auto Care Association announced the formation of a new advisory committee that focuses on environmental sustainability in the auto care industry. The new Sustainability Committee aims to increase awareness of the importance of sustainability, create a long-term strategy to initiate evolution in our industry’s practices and highlight businesses that implement those practices. In its […]
Washington State Insurance Commissioner Kreidler Will Not Seek Re-Election
Washington State Insurance Commissioner Mike Kreidler sent an email to agency staff May 1 confirming that he will not seek re-election. Kreidler was first elected as the insurance commissioner in 2000. He was re-elected to his sixth term as one of the country’s 11 elected insurance commissioners in 2020. “Serving alongside you as Insurance Commissioner […]
Christine Camsuzou Name Vice President, Procurement and Chief Procurement Officer at PPG
PPG (NYSE:PPG) today announced that Christine Camsuzou, currently interim chief procurement officer (CPO), has been appointed vice president, procurement and CPO, effective immediately. Reporting to Ram Vadlamannati, senior vice president, operations, Camsuzou will be responsible for leading PPG’s global procurement team, processes and strategy. “Christine is a proven leader who has held many key regional […]
Consumer Sentiment Up Slightly in April
Consumer opinions are below year ago levels, but up from all-time low in June 2022. Concerns over gas prices starting to increase again. Consumer sentiment was essentially unchanged in April, edging up less than two index points from March, according to the University of Michigan Surveys of Consumers. The chart above shows the Consumer Sentiment […]
U.S. Length of Rental Up Half Day in Q1 Compared to 2022
Length of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022, according to the latest data from Enterprise Rent-A-Car. Alaska had the highest LOR at 22.7 days, followed by Colorado and Louisiana – both at 21.6. Oklahoma and Oregon were next highest at 21.4 days. Four additional states […]
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