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PPG Reports Net Sales of $3.0 Billion in Second Quarter as Coronavirus Response Impacts Results

July 17, 2020 By CollisionWeek Editor

PPG Earnings Slide

PPG (NYSE:PPG) reported second quarter 2020 net sales of $3.0 billion, down approximately 25% versus the prior year. Selling prices increased by nearly 2%. Sales volumes were down 24% versus the prior year. The lower sales volumes reflect the negative economic impacts of the COVID-19 pandemic. Unfavorable foreign currency translation impacted net sales by more […]

Filed Under: News

Referendum to Expand Automotive Right to Repair Regulations to Appear on Massachusetts Ballot

July 17, 2020 By CollisionWeek Editor

Effort to get online signatures collected thrown out was withdrawn by group representing vehicle manufacturers. The Massachusetts Right to Repair Committee turned in 24,000 signatures on Wednesday, July 1 to the Secretary of State regarding a ballot question that would mandate vehicle manufacturers provide car owners with control of repair data generated by their vehicles […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Auto Care Association, Coalition for Auto Repair Equality, legislation, Massachusetts, Right to Repair

Property Damage Appraisers Launches PDA Virtual Photo Appraisal Solution

July 17, 2020 By CollisionWeek Editor

PDA Virtual logo

Property Damage Appraisers Inc. (PDA), the national independent damage estimating firm, announced the launch of PDA Virtual, its customer-driven, no-touch, virtual estimating tool. As COVID-19 has resulted in a 60% increase in virtual estimates industry-wide, the launch of PDA virtual will enable the company to continue to provide clients with the fastest cycle times in […]

Filed Under: News Tagged With: Photo Appraisal, Property Damage Appraisers

Dick Schoonover, Longtime Minnesota Shop Owner and ASA Board Member Passes Away

July 16, 2020 By CollisionWeek Editor

Dick Schoonover, of Woodbury, Minn. passed away on July 9, at age 84. Schoonover, who was active in the collision repair industry since the 1950s. After high school, Dick went to work for his Dad, Chuck, at the family business-Schoonover Auto Rebuild, taking it over in the mid 1960’s after Chuck’s early passing. He was […]

Filed Under: News Tagged With: Obituary, People

Collision Repair Length of Rental Up Slightly in the U.S. During Second Quarter Compared to 2019

July 16, 2020 By CollisionWeek Editor

Collision Repair Length of Rental Q2 2020

As the  impact of pandemic response took hold in April, length of rental increased substantially. May and June, however, were down. The past three months have been interesting, to say the least, so it comes as no surprise that average Length of Rental (LOR) in the U.S. during the second quarter of 2020 should follow […]

Filed Under: Research Tagged With: Enterprise Rent-A-Car, Length of Rental

Tradiebot Launches in USA

July 16, 2020 By CollisionWeek Editor

Tradiebot Industries, the Australia-based immersive technology company, announced the establishment of its American trading arm Tradiebot Inc. The U.S. group was founded with the support of its American-based legal partners Polsinelli and newly formed executive team consisting of Beth Rutter and Michael LoPrete. The move will allow for a number of collaborations with industry, training […]

Filed Under: News Tagged With: Openings, Tradiebot Industries

ASE Summer Registration and Test Centers Open

July 16, 2020 By CollisionWeek Editor

ASE test centers are open and registration for the summer testing window for more than 54 certification tests is available through September 30. To help ensure the protection of its employees and test takers, and to remain in compliance with governmental mandates and recommendations from the CDC and WHO, Prometric test centers have enacted safety […]

Filed Under: News Tagged With: ASE, Certification

Jeff Peevy Named VP Technical Products, Programs and Services at I-CAR

July 16, 2020 By CollisionWeek Editor

The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the addition of Jeff Peevy, AMAM, to its executive leadership team as Vice President – Technical Products, Programs & Services. In this new role, which becomes effective at the end of July, Peevy will spearhead the strategic development and growth of all I-CAR curriculum and technical […]

Filed Under: News Tagged With: Automotive Management Institute, I-CAR, People

Tony Core Named Director of Sales & Marketing at IAA UK

July 16, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced Tony Core has joined IAA as UK Director of Sales & Marketing, reporting to Steve Hankins, UK Managing Director for IAA. Core has more than fifteen years’ industry experience and joins IAA from Chief Rentals, the leading provider of niche and specialist vehicle hire to the UK insurance industry. During […]

Filed Under: News Tagged With: Insurance Auto Auctions, People, United Kingdom

CCC Reports Repairable Appraisals Down 25% in June Compared to Last Year in U.S.

July 15, 2020 By CollisionWeek Editor

June 2020 Repairable Appraisals

While down, the June result shows significant improvement over May. Early July results show reversal in areas with surge in coronavirus cases. According to CCC Auto Claims Snapshot for June, the number of repairable appraisals continued to improve in June as the economy reopened. According to the report, repairable appraisal counts were down 25.7% in […]

Filed Under: News Tagged With: CCC, Claim Frequency, Coronavirus

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