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Collision Repair Industry Production in March at Best Level Since Start of Pandemic

June 18, 2021 By CollisionWeek Editor

Collision Repair Industry Production March 2021

Production employment and hours worked both reach highest levels since year ago levels. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final March employment, hours worked and wages indicated growth on both a month-over-month basis and on a year-over-year basis. Overall, total collision […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

Boyd Group Acquires Collision Repair Center in Pittsburgh

June 18, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Pittsburgh, Pa. This new Gerber Collision & Glass location operated as Wolbert Auto Body & Repair and provided service in the community for 49 years. Pittsburgh is the second largest city in Pennsylvania, the county seat of Allegheny County, and the primary […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Pennsylvania

Cambridge Mobile Telematics Acquires TrueMotion

June 18, 2021 By CollisionWeek Editor

Cambridge Mobile Telematics (CMT), the leader in mobile telematics and analytics, announced it has acquired TrueMotion, the second largest mobile telematics provider. CMT will now provide telematics services to 21 out of the 25 largest auto insurers in the United States, and across more than 20 countries, including Canada, the United Kingdom, Germany, South Africa, […]

Filed Under: News Tagged With: Acquisitions, Cambridge Mobile Telematics, Telematics

Tractable Raises $60 Million

June 18, 2021 By CollisionWeek Editor

Tractable announced a $60M Series D investment led by Insight Partners and Georgian. The round doubles the total raised by Tractable from $55 million to $115 million and values the company at $1 Billion Tractable’s artificial intelligence (AI) analyzes vehicle damage photos in real time to accelerate decisions that can otherwise take days, such as […]

Filed Under: News Tagged With: Artificial Intelligence, Private Equity, Tractable

Australia Parliament Passes Automotive Right to Repair Law

June 17, 2021 By CollisionWeek Editor

Right to Repair Legislation Introduced in Australia

New law requires vehicle manufacturers to provide access to service and repair information to independent automotive and collision repair facilities as well as training providers. Legislation in the Australian Parliament to require vehicle manufacturer and other affiliated data providers to make repair information supplied to dealer repair facilities available to independent repairers and training groups […]

Filed Under: Feature Tagged With: Australia, legislation, Right to Repair

Atlas Copco Acquires North Carolina Compressor Distributor

June 17, 2021 By CollisionWeek Editor

Atlas Copco has acquired the operating assets of Compressed Air Systems, Inc. (CAS), a distributor of compressors located in North Carolina in the U.S.  CAS is a privately owned company and has 30 employees. The company is located in Salisbury, North Carolina. CAS will become part of the service division within the Compressor Technique Business Area. […]

Filed Under: News Tagged With: Acquisitions, Atlas Copco, North Carolina

Mitchell Partners with Toyota to Provide Collision Repair Facilities with Real-Time Access to Vehicle Recall Data

June 17, 2021 By CollisionWeek Editor

Mitchell today announced that Mitchell Cloud Estimating now surfaces VIN-specific recall notices on Toyota vehicles. This gives collision repairers timely access to safety recall information as the estimate is written, helping to improve safety recall completions. The National Highway Traffic Safety Administration (NHTSA) recently reported that safety recalls affected more than 53 million vehicles and […]

Filed Under: News Tagged With: Agreements Signed, Mitchell International, Recalls, Toyota Motor Sales

WIN Names 2021 Board Members and Cornerstone Award

June 17, 2021 By CollisionWeek Editor

The Women’s Industry Network (WIN) announced its 2021 Board of Directors. WIN’s Board consists of representatives from numerous industry segments including collision repair shops, distributors, suppliers, consultants, paint manufacturers, recyclers, insurance companies, and others. The 2021 WIN Board of Directors include the following officers: Chair – Jenny Anderson – Entegral Powered by Enterprise Vice Chair […]

Filed Under: News Tagged With: Awards, Board of Directors, People, Women's Industry Network

Broadly Expands Consumer Communications and Review Solutions to Serve Collision Repair Market

June 17, 2021 By CollisionWeek Editor

Broadly, Inc., the provider of software communications solutions for local businesses, announced its official launch into the collision repair sector. Broadly’s reputation management and communication tools are currently used by thousands of auto repair shop owners to boost their online presence, attract new customers, engage with the modern consumer and make payment processing simple and […]

Filed Under: News Tagged With: Broadly, Reputation Management

J.D. Power Reports Auto Insurance Customer Satisfaction Stalls Despite $18 Billion in Premium Relief

June 16, 2021 By CollisionWeek Editor

Weaknesses in self-service communications channels overshadow pandemic-driven refunds. The auto insurance industry voluntarily returned more than $18 billion in auto insurance premiums to customers in 2020 to address the sharp decline in miles driven during the COVID-19 pandemic. Despite the magnitude of this historic relief effort, the J.D. Power 2021 U.S. Auto Insurance Study finds […]

Filed Under: News Tagged With: Auto Insurance, Customer Satisfaction, J.D. Power

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