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PPG Reports Second Quarter Sales of $4.1 Billion, Up 9% from 2017

July 19, 2018 By CollisionWeek Editor

Refinish up “mid-single digit” percentage. PPG (NYSE:PPG) today reported second quarter 2018 net sales of about $4.1 billion, up nearly 9 percent versus the prior year. Net sales in local currencies grew approximately 6 percent year-over-year aided by higher selling prices of more than 2 percent, sales volume growth of more than 3 percent and […]

Filed Under: News Tagged With: Earnings, PPG Industries

As Crashes Hit All Time High, ICBC Announces Permanent CEO

July 19, 2018 By CollisionWeek Editor

The Insurance Corporation of British Columbia (ICBC)  board chair, Joy MacPhail, announced the permanent appointment of Nicolas Jimenez as ICBC’s president and CEO. Jimenez has served as ICBC’s interim president and CEO since January of this year. After a thorough international search, the board of directors felt Jimenez was the right candidate given his proven […]

Filed Under: News Tagged With: British Columbia, Canada, Insurance Corporation of British Columbia, People

S&P Market Intelligence Report Sees US Auto Insurance Industry Benefitting From Higher Premiums, Lower Losses

July 18, 2018 By CollisionWeek Editor

Combined Ratios by Line

While changing technology is a longer-term disruptive threat, rate increases will drive growth in the near term, according to S&P Global Market Intelligence report Auto insurance has accounted for more of the U.S. property and casualty (P&C) industry’s premium volume in recent years, with several rounds of loss-fueled rate increases accelerating premium volumes in the […]

Filed Under: News Tagged With: Auto Insurance, Combined Ratio, S&P Global Market Intelligence

Automotive Groups Urge White House Not to Impose Tariffs on Imported Autos and Auto Parts

July 18, 2018 By CollisionWeek Editor

Vehicle manufacturers, dealers and aftermarket companies join together in opposition to higher tariffs. Seven automotive industry groups representing vehicle manufacturers, dealers and both OEM and aftermarket suppliers have joined together to urge the White House to not impose higher tariffs on imported autos and auto parts. The groups include: Alliance of Automotive Manufacturers American Automotive […]

Filed Under: News Tagged With: American International Automobile Dealers Association, Auto Alliance, Auto Care Association, Global Automakers, Motor and Equipment Manufacturers Association, National Automobile Dealers Association, Tariffs

3M Collision Repair App Provides Access to Process Guides and SOPs

July 18, 2018 By CollisionWeek Editor

3M app

3M Automotive Aftermarket Division announced that its new mobile app provides collision repair facility technicians and distributor sales staff to get all the information they need for their collision repair questions directly on their mobile devices is now available for the Android platform. The 3M app provides quick access to 3M Collision Repair product information, […]

Filed Under: News Tagged With: 3M, Standard Operating Procedures

Registration Open for SCRS Repairer Driven Education Series at SEMA

July 18, 2018 By CollisionWeek Editor

Registration for the Society of Collision Repair Specialists’ (SCRS) Repairer Driven Education (RDE) series at the 2018 SEMA Show is open. Nearly half of the 20+ education sessions offered through Wednesday feature first-time RDE presenters; marking the continually refreshed curriculum offered by SCRS during SEMA week. When registering for education attendees will have the option […]

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

Collision Claims Up in First Quarter

July 17, 2018 By CollisionWeek Editor

Auto physical damage indicators influencing the collision repair industry improved during the first quarter compared to last year. Claims and losses continue above year ago levels. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses increased in the U.S. during the […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Losses

Kansas Auto Body Association Education Day July 28

July 17, 2018 By CollisionWeek Editor

The newly formed Kansas Auto Body Association is hosting its second education event of 2018 on July 28th at the Hilton Garden Inn located in Salinas, Kansas. The event starts Friday evening, July 27 at 7:00 p.m. with a welcome reception sponsored by Mitchell International. The Saturday morning the education day starts with a networking […]

Filed Under: News Tagged With: Kansas, Kansas Auto Body Association

Collision Repair Education Foundation Announces Three New Trustees

July 17, 2018 By CollisionWeek Editor

The Collision Repair Education Foundation announced the appointment of three new members to its Board of Trustees including: Doug Irish, Fayetteville Technical Community College; Mark Helvenston, Insurance Auto Auctions; and Steve Schmidt, State Farm. Jeanne Silver, chair of the Foundation Board of Trustees said, “We are pleased to welcome the new trustees to the Collision […]

Filed Under: News Tagged With: Board of Trustees, Collision Repair Education Foundation, People

Nissan Joins SCRS as Corporate Member

July 17, 2018 By CollisionWeek Editor

The Society of Collision Repair Specialists (SCRS) announced Nissan North America joined as a corporate member of the association. “Nissan has been a noticeable advocate of information to help collision repair businesses excel,” said SCRS Treasurer Amber Alley. “Our business has really benefited from the relationship through the rebates and promotional and social media advertising […]

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

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