Claim Genius, a provider of instant vehicle damage assessment solutions using computer vision and artificial intelligence (AI) technology, announced the closing of its $5.5 million Series A funding round, following its earlier $2.3 million seed round in 2018. The latest round is backed by a diversified mix of strategic investors including Malaysia-based Financial Link, a […]
PSA Aftermarket Acquires Amanhã Global to Enter Used Parts Market
PSA Aftermarket, part of Peugeot S.A. (Group PSA), announced it has acquired a majority stake in Amanhã Global, the Porto, Portugal-based company and its e-commerce platform B-Parts.com for used parts. The acquisition aims to complete PSA Aftermarket’s conquest strategy in the circular economy, promoting recycled parts, providing repair parts needed to fix broken components, and […]
Steve Field New Chairman of UK’s NBRA
The UK’s National Body Repair Association (NBRA) announced Steve Field as its new chairman, replacing Roger Collings, who stepped down some months ago. Field is the CEO of Page Automotive Group and has been involved in the repair industry for 40 years. NBRA director Chris Weeks said, “I would like to welcome Steve into the […]
Collision Repair Facilities Report Sales Improved in June Compared to April and May
While the majority of collision repairers continue to report sales declines compared to 2019, the size of the decline has reduced compared to previous months that were impacted by the pandemic response. Collision repair facility operators responding to the most recent CollisionWeek Collision Repair Business Conditions survey covering June, reported that sales continued to be […]
I-CAR Announces New Board Elected Under Update Governance Plan
The Inter-Industry Conference on Auto Collision Repair (I-CAR) Board of Directors announced the election of seven individuals to fill open board seats, including three members returning for a second, three-year term. The new board follows the November 2019 adoption of its updated governance structure. The Board includes four representatives from the Collision Repair segment; three […]
ASE July 24 Webinar Examines Tire Pressure Monitoring Systems
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians on Friday, July 24 at 4:00 p.m. EDT entitled TPMS 2020 – It’s Not Just the Warning Light Anymore. The tire pressure monitoring system (TPMS) mandate has been in place for almost 13 years. Sean Lannoo, technical training supervisor […]
Jose Hermida Named Leader of New SCA Appraisal Department of Insurance Re-inspection Unit
In response to the growing demand of insurance carrier clients for Department of Insurance (DOI) re-inspections and regulatory compliance, SCA Appraisal has launched a newly-formed DOI Customer Success Unit (DOI-CSU). Jose Hermida, who has been servicing SCA clients for over 20 years, will be leading the new DOI- CSU program. “The regulatory environment in some […]
Automotive Recyclers Association Announces Updated Strategic Plan
The Automotive Recyclers Association (ARA) announced it updated its Strategic Plan that will guide current and future work. The plan was adopted by the ARA Board of Directors on July 16. ARA’s Strategic Plan is grounded in the Association’s mission to advance the automotive recycling industry and promote its beneficial effects on society. The Strategic […]
FCA and Waymo Announce Expanded Autonomous Driving Partnership
Companies sign exclusive agreement to develop Light Commercial Vehicles to support rapid growth in delivery service demand. FCA and Waymo announced today that they have taken the next significant steps in the expansion of their autonomous driving technology partnership. Waymo, that started as the Google Self-Driving Car Project in 2009, will now work exclusively with […]
AkzoNobel Reports Improved Margin in Second Quarter on Cost Savings Response to COVID-19 Pandemic
Akzo Nobel N.V. (AMS: AKZA) announced its return on sales (ROS) increased to 14.0% in the second quarter of 2020, up from 13.7% in 2019, due to margin management and cost savings initiatives put in place due to the COVID-19 pandemic. The company reported total cost savings delivered €116 million ($134.3 million) of which €38 […]
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