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Southeast Toyota Distributors and JAXPORT Announce $210 Million Agreement to Relocate and Expand Vehicle Processing Operations

April 27, 2022 By CollisionWeek Editor

The Jacksonville Port Authority (JAXPORT) Board of Directors unanimously approved a $210 million long-term lease and relocation agreement with Southeast Toyota Distributors (SET), the world’s largest independent distributor of Toyota vehicles. SET is a subsidiary of Deerfield Beach, Florida-based JM Family Enterprises. The company distributes vehicles, parts and accessories to 177 Toyota dealerships in Alabama, […]

Filed Under: News Tagged With: Florida, Openings, Southeast Toyota Distributors

Aviva UK Partners with Tractable to Bring AI to Auto Claims

April 27, 2022 By CollisionWeek Editor

Aviva, one of the largest insurers in the UK, has signed an agreement with Tractable to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI). Tractable develops visual AI to aid in the repair of cars and homes by using photos to assess damage enabling the accurate calculation of repair […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Aviva UK, Tractable, United Kingdom

PPG Reports First Quarter Net Sales of $4.3 billion

April 26, 2022 By CollisionWeek Editor

Overall sales up 11% over 2021. Inflation drives raw material costs up 25% year-over-year. PPG (NYSE:PPG) reported April 21 that it had record first quarter net sales of $4.3 billion for the first quarter 2022. The result was 11% higher than the previous year. Sales were up due to higher selling prices (+10%), lower sales […]

Filed Under: News Tagged With: Earnings, PPG Industries

U.S. EPA Announces $1.5 Million Penalty for Schnitzer Steel Over Release of Refrigerants from Auto A/C Systems and Appliances

April 26, 2022 By CollisionWeek Editor

The United States, on behalf of the U.S. Environmental Protection Agency, has reached a proposed settlement with Schnitzer Steel Inc. of Portland, Oregon, to resolve alleged violations of the Clean Air Act and regulations designed to protect stratospheric ozone at 40 scrap metal recycling facilities throughout the United States. Schnitzer operates Pick-n-Pull, the self-service used […]

Filed Under: News Tagged With: Lawsuits, Schnitzer Steel, U.S. EPA

Solera Survey Shows Surge in Trust and Adoption of AI-Driven Claims and Repairs

April 26, 2022 By CollisionWeek Editor

An overwhelming 92% of consumers call for digital claims solutions as providers double down on AI objectives. New global market research released today by Solera Holdings, LLC, the global provider in vehicle lifecycle management, reveals the increasing demand for digital-first automated claims, with trust in AI-driven claims and repairs soaring to 79% globally. The annual […]

Filed Under: News Tagged With: Artificial Intelligence, Solera Holdings

I-CAR Creates Optional ADAS Collision Repair Technician Role

April 26, 2022 By CollisionWeek Editor

The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the creation of a new, optional Advanced Driver-Assistance Systems (ADAS) career path for collision repair professionals. “This new optional ADAS technician role represents an incredible win for advancing the collision repair industry amid today’s `tsunami’ of highly complex vehicle repairs and is calibrated with I-CAR’s ADAS […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Gold Class, I-CAR

Fred Iantorno Named VP of Strategic Solutions at AirPro Diagnostics

April 26, 2022 By CollisionWeek Editor

AirPro Diagnostics, the remote diagnostics, scanning, programming, and ADAS calibration solution provider announced the appointment of Fred Iantorno as Vice President of Strategic Solutions. In his position Iantorno will assist in technology integration opportunities, market awareness of the AirPro Auggie, the company’s ADAS calibration device as well as its suite of advanced brand specific services.  […]

Filed Under: News Tagged With: AirPro Diagnostics, People

3M Acquires LeanTec to Support Collision Repair Inventory Management and Digital Solutions

April 25, 2022 By CollisionWeek Editor

Technology advances 3M ‘connected bodyshop’ vision and provides collision repair shop owners and managers more access to data for enhanced productivity. 3M (NYSE:MMM) today announced that it has acquired the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket segment in the United States and Canada. The acquisition will […]

Filed Under: News Tagged With: 3M, Acquisitions, Management Systems

Service King Reported Near Deal with Bondholders on Debt Relief

April 25, 2022 By CollisionWeek Editor

Collision repair chain reported close to deal that could cede control to its bondholders. Service King Collision Repair Centers, the consolidator with over 330 collision repair centers in the U.S. in more than 20 states, may be nearing a deal with bond holders to ease its debt load according to a report by Bloomberg based […]

Filed Under: News Tagged With: Service King Collision Repair Centers

GSB Industries Named Global Finishing Solutions Distributor in Georgia and Tennessee

April 25, 2022 By CollisionWeek Editor

Global Finishing Solutions (GFS) announced that GSB Industries has joined its automotive and truck refinish distribution team, bolstering GFS’ ability to provide extraordinary service to body shops and collision repair centers in Georgia and Tennessee. Founded in 2006, GSB Industries will supply, install and service a variety of automotive repair equipment. GSB Industries is the […]

Filed Under: News Tagged With: Agreements Signed, Georgia, Global Finishing Solutions, GSB Industries, Tennessee

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