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Axalta Commits to New Sustainability Goals for 2030 and Carbon Neutrality by 2040

January 26, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Axalta Coating Systems, Carbon Neutrality, Sustainability

3M Reports Fourth-Quarter Sales of $8.6 Billion, Up 0.3% Compared to 2020

January 25, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: 3M, Earnings

Peter Hunt Named Chief Financial Officer at Service King

January 25, 2022 By CollisionWeek Editor

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 […]

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

Tractable Joins Guidewire PartnerConnect Solution Alliance to Help Insurers Expedite Auto Claims Processes

January 25, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Guidewire, Integrations, Tractable

ASE Offers Free Technician Webinar on Plastic Repair

January 25, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: ASE, Plastic Repair, Polyvance, Webinars

Crash Champions Acquires Three Collision Repair Centers in New Hampshire

January 24, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, New Hampshire

Illinois Legislation Seeks to Change Aftermarket Collision Repair Parts Regulations

January 24, 2022 By CollisionWeek Editor

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 […]

Filed Under: Feature Tagged With: Illinois, legislation, Non-OEM Parts, OEM Repair Procedures

Hertrich Automotive Dealerships Acquires Collision Repair Center in Delaware

January 24, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Acquisitions, Delaware, Hertrich

Tesla Expands Auto Insurance Offering to Arizona and Ohio

January 24, 2022 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Arizona, Auto Insurance, Ohio, Openings, Tesla

AASP/NJ to Award Second Annual Young Technician Grant at Northeast Trade Show

January 24, 2022 By CollisionWeek Editor

A budding auto body technician will walk away from this year’s NORTHEAST Automotive Services Show with $5,000 worth of tools or equipment as the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) plans to present the Second Annual Young Technician Award at the show taking place March 18-20 at the Meadowlands Exposition Center (MEC) […]

Filed Under: News Tagged With: AASP/NJ, New Jersey, Northeast Trade Show, Scholarships

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