Axalta Coating Systems Ltd. (NYSE:AXTA) announced that Carl Anderson has been appointed Senior Vice President and Chief Financial Officer (CFO), effective August 14. Anderson will succeed Sean Lannon, who will be leaving the Company to pursue other opportunities. Anderson is a seasoned financial executive with decades of corporate strategy and financial leadership experience in the […]
Collision Claims in First Quarter Up Compared to 2022
Claims in the first quarter of 2023 were up over 1% versus the same quarter in 2022. Losses were up over 41% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the post-pandemic rebound in claims restarted in the first quarter of 2023 and […]
CollisionCareers Website Promotes Future Technicians to Pursue Careers in Collision Repair
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the official launch of CollisionCareers.com, a website dedicated to connecting individuals to rewarding opportunities in collision repair. According to I-CAR, CollisionCareers achieves the first objective of the Talent Attraction marketing strategy by providing a neutral brand and platform under which industry partners can collaborate on strategic […]
Highline Warren New Lifetime Trustee for University of the Aftermarket Foundation
The University of the Aftermarket Foundation (UAF) welcomes Highline Warren, the manufacturer and distributor of automotive consumable and maintenance products, as a new lifetime trustee. The lifetime trustee designation is reserved for exceptional donors who support the foundation’s mission of providing scholarships and funding for educational programs that strengthen the motor vehicle aftermarket. Zach Miller, […]
ASA Board of Directors Approves Policy Position Statement on OEM Repair Procedures
The Automotive Service Association (ASA) Board of Directors has approved the following policy position statement on OEM Repair Procedures: Insurers Should Account for OEM Repair Procedure Research in Estimates ASA supports the research, application, and documentation of OEM repair procedures before, during, and after completing a repair. OEMs develop, test, and verify repair procedures to […]
Safelite Group Acquires Florida Auto Glass Business
The Safelite Group announced the acquisition of Florida-based Ideal Auto Glass with two locations in Odessa and Sanford, Fla. The transaction was completed on Friday, July 14. “We continue to grow with a focus on providing the quality glass services that our customers expect from us,” said Safelite’s President and CEO, Renee Cacchillo. “And we’re […]
ASE Education Foundation Congratulates SkillsUSA Winners from ASE-Accredited Schools
Students from ASE-accredited programs were among the winners at the recent SkillsUSA competition held last month in Atlanta, Georgia. “The SkillsUSA competition solidifies the reason why career and technical education (CTE) classes are rigorous,” said Sean Reisdorf, automotive instructor, North Farmington High School, Farmington Hills, Michigan. “To compete against the other best contestants, whether at […]
State Farm Ventures Invests in Snapsheet
Investment strengthens multi-year relationship between investment arm of largest U.S. private passenger auto insurer and claims technology firm. Snapsheet, the company specializing in claims management technology, today announced a strategic investment from State Farm Ventures, the wholly-owned subsidiary of State Farm Mutual Automobile Insurance Company launched in 2018. Snapsheet streamlines and expedites the claims process, […]
Tractable AI Raises $65M in Series E Funding
Tractable, the company employing artificial intelligence (AI) using computer vision to assess the condition of cars and homes, today announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors Insight Partners and Georgian participated in the round. As part of the transaction, Nahoko Hoshino, Investment Director for SoftBank Investment Advisers will […]
Würth Group Reports Global Sales Up Nearly 6%
The Würth Group, world market leader in the development, production and sale of assembly and fastening materials, reports sales of €10.5 billion ($11.8 billion) in the first half of 2023, an increase of 5.9% compared to the same period last year. On a constant-currency basis, sales were up 6.6% compared to last year. The Group […]
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