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Consumer Sentiment Continued to Rise in September

October 2, 2020 By CollisionWeek Editor

Consumer Sentiment Index September 2020

Despite increase, substantial portion of population still suffering from job losses and reduced income. Consumer sentiment continued to improve in late September, with the Sentiment Index reaching its highest level in six months, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index was 80.4 in September, up from 74.1 in August […]

Filed Under: News Tagged With: Consumer Sentiment Index, University of Michigan

IIHS Reports Crash Rates for Drivers in their 70s Drop Below Middle-Aged Drivers

October 2, 2020 By CollisionWeek Editor

Licensed drivers over 70 and fatal crashes per 100,000 licensed drivers by age group, 1997-2018

Drivers in their 70s are now less likely to be involved in a fatal crash than those in their prime working years, a new study from the Insurance Institute for Highway Safety (IIHS) has found. That’s a remarkable reversal for a generation of drivers once thought to be an outsize threat to themselves and others […]

Filed Under: News Tagged With: Accident Frequency, Insurance Institute for Highway Safety

Registration Open for Virtual RDE Sessions

October 2, 2020 By CollisionWeek Editor

The Society of Collision Repair Specialists (SCRS) announced that registration is now open for the 2020 Repairer Driven Education (RDE) series. The RDE series will be released in conjunction with SEMA360, on the same days of Nov. 2-6. The online RDE Full Series Pass for $375 provides even greater accessibility to educational solutions, unlocking access […]

Filed Under: News Tagged With: Society of Collision Repair Specialists

Estimator Benefits from Collision Repair Education Foundation Scholarships and Industry Support

October 2, 2020 By CollisionWeek Editor

Justin Furman, an estimator at Bill Brown Ford in Livonia, Mich., is on the fast track to becoming a manager and largely credits his career successes to the support he received from the Collision Repair Education Foundation (CREF) and PPG. “The scholarships I received from the industry enabled me to graduate college with a bachelor’s […]

Filed Under: News Tagged With: Collision Repair Education Foundation, Scholarships

Traffic Volume in July Down Over 11% Compared to 2019

October 1, 2020 By CollisionWeek Editor

While driving was starting to increase as state lockdowns eased, travel remained considerably below previous year levels. Travel volume in July decreased substantially on a year-over-year basis. July’s result is the fifth straight monthly decline in traffic volume compared to the same month in 2019 driven by the pandemic. While traffic volume had been up […]

Filed Under: Research Tagged With: Traffic Volume

Allstate Announces 3,800 Staff Reduction as Part of Restructuring Plan

October 1, 2020 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced that to lower costs, a restructuring plan is being implemented which will impact approximately 3,800 employees primarily in claims, sales, service and support functions. According to the company, the move is part of its multi-year Transformative Growth Plan with a goal to increase personal property-liability market share by expanding […]

Filed Under: News Tagged With: Allstate Insurance

Uni-Select Says Market Conditions Improved in July and August

October 1, 2020 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) provided a business update for July and August, including market conditions in the U.S., Canada and the U.K., its organic sales growth, the status of its Continuous Improvement Plan and its financial position. According to the company, key industry metrics in the U.S., Canada and the U.K. are showing clear signs of […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Caliber Calls for Public Nominations for Vehicle Gifts to Frontline Heroes in Dallas-Fort Worth, Los Angeles and New York

October 1, 2020 By CollisionWeek Editor

Caliber Vehicle Donation Program

Living its purpose of Restoring the Rhythm of Your Life, Caliber, and its portfolio of automotive services brands that include Caliber Auto Care, Caliber Auto Glass, in addition to Caliber Collision the largest auto collision repair company in the U.S., is extending its ‘Restoring You’ community and teammate program. In collaboration with its insurance partners […]

Filed Under: News Tagged With: Caliber Collision Centers, National Auto Body Council, Recycled Rides

Axalta Partners with Korea Polytechnics Gangneung Campus on Refinish Training

October 1, 2020 By CollisionWeek Editor

Axalta (NYSE: AXTA) and Korea Polytechnics Gangneung Campus signed a memorandum of understanding (MOU) to offer automotive refinish coating education to college students and Axalta customers in Korea. As part of the partnership, Axalta and Korea Polytechnics will jointly provide refinish training programs to increase the number of skilled refinish talent in the region. As […]

Filed Under: News Tagged With: Agreements Signed, Axalta Coating Systems, Career and Technical Education, Korea, training

1Collision Adds Collision Repair Center to Network in Arizona

September 30, 2020 By CollisionWeek Editor

Marks network’s entry into state. 1Collision has added Cutting Edge Collision in Tucson, Ariz. as its first collision center in the state. Cutting Edge is owned and operated by Gary Hagen Jr. Hagen said, “We are excited to become affiliated as the first 1Collision location in Arizona, and look forward to 1Collision helping our business […]

Filed Under: News Tagged With: 1Collision Network, Arizona, Network Affiliations

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