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Colors on Parade Adds Mobile Reconditioning Franchise in California

October 23, 2020 By CollisionWeek Editor

Colors on Parade, the mobile onsite auto repair services franchise, announced the opening of its newest franchise location in Riverside, California. Servicing the Riverside County area, the new franchise is owned and operated by Donald Basile-Gregg. Working alongside Area Developer, Steve Vines, Donald will bring EcoSmart mobile automotive reconditioning services to the Riverside community at […]

Filed Under: News Tagged With: California, Colors on Parade, Network Affiliations

IAA Expands Branches in Maryland and Virginia

October 23, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of its Baltimore, Md. and Culpeper, Va. branch locations. The additional acreage at these two locations will accommodate strong customer demand and increased inventory needs for the growing East Coast market. These expansions will increase the capacity of the 60 branches in this market.  “Fueled by our industry […]

Filed Under: News Tagged With: Insurance Auto Auctions, Maryland, Openings, Virginia

Alamo Body & Paint Facilities Rebrand as ProCare Collision

October 23, 2020 By CollisionWeek Editor

ProCare Collision, the Texas-based Multi Shop Operator (MSO) with over 40 locations,- announced the rebranding of its Alamo Body & Paint locations to the ProCare Collision brand. This consolidation of brands and alignment in processes is part of the MSO’s strategy to bring a unified presence to the San Antonio Market.  ProCare acquired three Alamo […]

Filed Under: News Tagged With: ProCare Automotive LLC, Texas

PartsTrader to Host Virtual Collision Repair Industry Update November 5

October 23, 2020 By CollisionWeek Editor

PartsTrader announced a virtual collision repair industry update event. The free, live, interactive event offers a way for industry professionals to get vital information about current trends affecting their business. This webinar event will be held on November 5th, at 2 p.m. (EST). Registration for the event is available online.  “2020 has been an incredibly […]

Filed Under: News Tagged With: PartsTrader, Webinars

Auto Insurance Claims Satisfaction Climbs to Record High

October 22, 2020 By CollisionWeek Editor

2020 J.D. Power Auto Claims Rankings

J.D. Power says direct repair shops have higher customer satisfaction than industry as a whole. NJM Insurance Co. ranked highest overall in satisfaction. One silver lining to the COVID-19 pandemic: a 22% decline in frequency of auto insurance repairable claims has given insurers some breathing room to refine their customer experience and deliver higher touch […]

Filed Under: News Tagged With: Claim Satisfaction, J.D. Power

Axalta Reports Refinish Sales Down 9% in Third Quarter

October 22, 2020 By CollisionWeek Editor

Axalta Performance Coatings Q3 2020

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 […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Opus IVS Introduces Collision Repair Scanning Solution, Announces Integration with CCC

October 22, 2020 By CollisionWeek Editor

Opus IVS logo

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. […]

Filed Under: News Tagged With: Agreements Signed, CCC Information Services, Diagnostics, Integrations, Opus IVS

Skills/Compétences Canada’s Collision Repair Program and Car-o-Liner Announce Post-Secondary School Giveaway

October 22, 2020 By CollisionWeek Editor

Skills Canada Collision

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 […]

Filed Under: News Tagged With: Canada, Car-O-Liner, Career and Technical Education, Skills/Compétences Canada

Traffic Volume in August Down Over 12% Compared to 2019

October 21, 2020 By CollisionWeek Editor

August 2020 Percentage Change in 2020 Traffic Volume Compared to 2019 by Month

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 […]

Filed Under: Research Tagged With: Traffic Volume

AkzoNobel Reports Sales Down Just 5% in Third Quarter Compared to 2019 and Up 1% on Constant Currency Basis

October 21, 2020 By CollisionWeek Editor

AkzoNobel Performance Coatings Q3 2020 Results

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 […]

Filed Under: News Tagged With: AkzoNobel, Earnings

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