Quarterly collision claim counts were down for the fifth quarter in a row compared to the previous year. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the decline in collision claims continue as claims on a quarterly basis were down for the fifth consecutive quarter compared […]
Joe Hudson’s Collision Center Acquires Five New Repair Facilities
Joe Hudson’s Collision Center announced the acquisition of five repair facilities: First Class Collision in Grove, Okla.; Advanced Auto Body Frame and Glass in Bolivar, Mo.; Jim Morey Auto Body in Bella Vista, Ark.; Brooks Body Shop in Tifton, Ga.; and Port City Auto Body in Brunswick, Ga. Brant Wilson, CEO of Joe Hudson’s Collision […]
Axalta Reports Record Third Quarter Sales
Axalta Coating Systems Ltd. (NYSE:AXTA) announced third quarter 2024 net sales increased 0.8% year over year to a third quarter company record of $1.32 billion as contribution from the CoverFlexx acquisition announced earlier this year and volume growth were partially offset by contractual raw material index impacts and mix headwinds. Net income in the quarter […]
CCC Receives 2024 Insurance Luminaries Recognition
CCC Intelligent Solutions Inc. (CCC) has been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring […]
November 21 CIECA Webinar Examines Vehicle Data and Privacy
The Collision Industry Electronic Commerce Association (CIECA) announced that the next CIECA Webinar Vehicle Data and Privacy: A Balancing Act will be held on Thursday, November 21 at 2 p.m. (EST). The one-hour live broadcast will feature Adonne Washington, mobility, location & data policy counsel at the Future of Privacy Forum (FPF). Registration for the […]
J.D. Power Ranks NJM Insurance Highest in Auto Insurance Claims Satisfaction
While repair cycle times improve, rising costs take a toll on customer satisfaction. According to the J.D. Power 2024 U.S. Auto Claims Satisfaction Study released today while auto insurers have been fighting two major headwinds ever since the pandemic, rising costs and longer repair cycle times, relief is in sight for one of those trends. […]
AkzoNobel Launches New Automotive Training Centre in Belgium
First to harness hydrogen power spray booth. AkzoNobel’s Vehicle Refinishes business has invested in a new Automotive Training Centre (ATC) in Belgium to further upskill existing painters, body shop managers and OEM engineers on a new generation of coatings and technologies to support the industry in delivering a more sustainable future. The ATC in Belgium […]
CCC Reports Revenue of Over $238 Million in Third Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), total revenue was $238.5 million for the third quarter of 2024 ended September 30, an increase of 8% from $221.1 million for the third quarter of 2023. GAAP gross profit was $183.4 million, representing a gross margin of 77%, for the third quarter of 2024, compared with $163.1 […]
Michigan State Senate Passes Bill Regulating Auxiliary Repair Shop Facilities
The Automotive Service Association reports that the Michigan State Senate passed Senate Bill (SB) 867 on a 38-0 vote last week. It now awaits consideration in the State House. State Senator John Cherry (D) originally introduced SB 867 earlier this year for the primary purpose of making it easier for auto repairers to operate auxiliary […]
Collision Industry Foundation Cocktails for a Cause Charity Event January 21
The Collision Industry Foundation (CIF) announced its 14th Annual Charity Event, Cocktails for a Cause will take place at 6 p.m. (PST) Tuesday, January 21, 2025 at the Agua Caliente Casino, CASCADE Lounge in in Palm Springs, Calif. in conjunction with other collision repair industry meetings taking place that week. Registration for the event is […]
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