IAA, Inc. (NYSE:IAA) announced that it has secured ground for the construction of a new full-service facility in Bristol, located in the southwest region of the United Kingdom. The additional capacity resulting from the new location will help to meet growing demand in the region. “The Bristol branch demonstrates IAA’s strong, ongoing commitment to investing […]
Axalta Commits to New Sustainability Goals for 2030 and Carbon Neutrality by 2040
Axalta (NYSE:AXTA) announced its commitment to an absolute reduction of 50 percent of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, on its way to becoming carbon neutral in its operations by 2040 – one decade ahead of the deadline set by the Paris Agreement on Climate Change. In addition, the company has […]
3M Reports Fourth-Quarter Sales of $8.6 Billion, Up 0.3% Compared to 2020
Sales in automotive aftermarket up nearly 13% for the full 2021 compared to pandemic impacted 2020. 3M (NYSE: MMM) today reported fourth-quarter sales of $8.6 billion, up 0.3 percent year-on-year. Organic local-currency sales increased 1.3 percent year-on-year. For the full year sales were $35.4 billion, up 9.9 percent year-on-year and organic local-currency sales increased 8.8 […]
Peter Hunt Named Chief Financial Officer at Service King
Service King announced that the company has hired Peter Hunt as its new chief financial officer (CFO). Hunt joins Service King with decades of experience at the C-Suite executive level. His background includes developing strategic direction, leading operations and managing financial organizations for publicly traded commercial airlines such as Virgin America and Pinnacle Airlines, where […]
Tractable Joins Guidewire PartnerConnect Solution Alliance to Help Insurers Expedite Auto Claims Processes
Tractable, the artificial intelligence (AI) company accelerating recovery from accidents and disasters, and Guidewire (NYSE:GWRE) announced that Tractable has joined Guidewire PartnerConnect as a Solution partner. Tractable’s Ready for Guidewire integration will enable Guidewire ClaimCenter users to integrate to its AI Review and AI Estimating solutions that accelerate the visual audit of repair estimates and […]
ASE Offers Free Technician Webinar on Plastic Repair
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for technicians on Tuesday, Feb. 1 at 4:00 p.m. (EST) entitled Plastic Repair – It’s Not Just for Bumpers. More information and registration for the ASE plastic repair webinar are available online. There are dozens of plastic parts under the hoods of […]
Crash Champions Acquires Three Collision Repair Centers in New Hampshire
Acquisition of multiple collision repair shop operator marks entry into state. Crash Champions, LLC announced that it has entered the New Hampshire market through the acquisition of Gate City Collision Centers. One of Southern New Hampshire’s largest auto collision repair centers, Gate City Collision has three locations comprising over 30,000 square feet located at 561 […]
Illinois Legislation Seeks to Change Aftermarket Collision Repair Parts Regulations
Legislation would require crash parts and auto glass that meet or exceed OEM specifications, requires insurers to follow manufacturer ADAS procedures. Legislation introduced on Friday in the Illinois House of Representatives seeks to amend the state’s insurance code to regulate aftermarket collision repair parts and glass. Illinois House Bill 4719 (HB 4719) was introduced January […]
Hertrich Automotive Dealerships Acquires Collision Repair Center in Delaware
The Hertrich Family of Automobile Dealerships announced the acquisition of Rickards Restorations and Autobody in Millsboro, Del. Rickards Restorations and Autobody has been family-owned-and-operated and a pillar of the community for several years, a tradition the Hertrich Family is excited to continue. Rickards Restorations and Autobody will now take on the name of Hertrich Collision […]
Tesla Expands Auto Insurance Offering to Arizona and Ohio
In an update on its website, Tesla announced the availability of its auto insurance product in Arizona and Ohio. The move brings the total number of states where Tesla owners can buy the vehicle manufacturer’s insurance product to five. Ohio is the 10th largest auto physical damage insurance market in the U.S. and Arizona is […]
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