Axalta Coating Systems Ltd. (NYSE:AXTA) reported third quarter net sales overall decreased 7.2% year-over-year to $1,026.9 million including a 0.1% foreign currency benefit, driven by 6.0% lower volumes and 1.4% lower average price and product mix. Performance Coatings third quarter net sales were $682.7 million, a decrease of 5.7% year-over-year. Constant currency organic net sales […]
Opus IVS Introduces Collision Repair Scanning Solution, Announces Integration with CCC
Opus IVS, formerly DrewTech, announced the availability of a new collision repair scanning solution, ScanSafe, that brings together OEM scanning, aftermarket quick scanning, calibration, programming, and live diagnostic support through a consistent user interface. ScanSafe integrates into the existing workflow of CCC ONE users, making it easy to conduct pre-scans, in-process scans, and post-repair scans. […]
Skills/Compétences Canada’s Collision Repair Program and Car-o-Liner Announce Post-Secondary School Giveaway
Skills/Compétences Canada announced that through the work of our Skills Canada Collision Repair Program, Car-O-Liner has generously donated a CTR7 Spot Welder to be awarded to a post-secondary college, polytechnic or technical institute in Canada. The Skills Canada Collision Repair Program and Skills Canada will manage the application and selection process. One post-secondary school with […]
Traffic Volume in August Down Over 12% Compared to 2019
Of concern, the improvement in traffic volume compared to last year paused at the end of summer, down over 1 percentage point below July. Travel volume in August decreased substantially on a year-over-year basis and the decrease was greater than that recorded in July. Travel for the month of August is estimated at 251.3 billion […]
AkzoNobel Reports Sales Down Just 5% in Third Quarter Compared to 2019 and Up 1% on Constant Currency Basis
CEO says refinish outperforming market. Akzo Nobel N.V. (AKZA; AKZOY) announced that revenue for the third quarter 2020 were €2,398 million ($2,847.4 million), down 5% from the third quarter of 2019, but up 1% on a constant currency basis. Volumes were up 3%, showing strong demand for Decorative Paints, partly offset by lower volumes of […]
CIECA Debuts Calibration Standards and Enhanced Scanning Standards for Collision Repair Industry
The Collision Industry Electronic Commerce Association (CIECA) announced today that the organization completed the 2020R2 Release of the CIECA Standards for the collision repair industry. The release includes new Calibration Standards developed by CIECA’s Calibration Committee and an enhancement to CIECA’s Scanning Standards. “With the rise of ADAS technologies in vehicles today, it is necessary […]
Clearcover Launches Digital Auto Insurance Claims Process Developed with Snapsheet
Clearcover, announced Clear Claims, which advances the company’s digital claims process by offering drivers instant auto insurance claims processing and payment issuance for eligible claims faster than any other carrier. With the Clearcover app, once a claim is submitted, Clearcover automates coverage validation and determines eligibility instantly using a new machine learning model. Partnering with […]
IAA Awarded Patent for System and Method of Auction Management
IAA, Inc. (NYSE: IAA) announced it has been awarded a patent by the U.S. Patent and Trademark Office for a “SYSTEM AND METHOD OF AUCTION MANAGEMENT.” The patent contains 20 claims that protect and recognize the innovations developed by IAA for the company’s AuctionNow platform, which allows online auction participants to monitor and bid in […]
Collision Repair Industry Production Increase in July and August on Month-Over-Month Basis
Employment improved each month since low in April when coronavirus business restrictions took hold and lowered driving and accidents. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final July and preliminary August employment, hours worked and wages shows continued improvement overall. However, while […]
CARSTAR Adds Four Collision Repair Centers to Network in Minnesota
CARSTAR announced the addition of four new collision repair centers to its network in the Minneapolis–Saint Paul market. Jason and Erika Zerwas, husband and wife ownership-duo, entered the collision repair business over 20 years ago and recently brought their businesses into the CARSTAR family. Now, the duo are the proud local owners and operators of […]
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