According to report, insurers struggle to integrate digital claims reporting technology. Automobile insurers are achieving high levels of customer satisfaction when handling claims, but they are struggling to transition claimants to digital claims reporting solutions, according to the J.D. Power 2018 U.S. Auto Claims Satisfaction Study. These findings are noteworthy in light of claim severity […]
AAA Urges Consumer to Consider Collision Repair Facility ADAS Capabilities When Choosing Shop
AAA research shows advanced driver assistance system double collision repair bills for minor accidents. According to new research from AAA released today, vehicles equipped with advanced driver assistance systems (ADAS) such as automatic emergency braking, blind spot monitoring, lane departure warning and others, can cost twice as much to repair following a collision due to […]
LKQ Corporation Reports Revenue Growth of 26.6% in Q3
Reports organic revenue growth for parts and services of 4.3 percent, announces $500 million stock repurchase program. LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the third quarter of 2018 of $3.12 billion, an increase of 26.6 percent as compared to $2.47 billion in the third quarter of 2017. For the third quarter of 2018, […]
NABR Launches Searchable Database of Insurer Paid Not-Included Collision Repair Procedures
National AutoBody Research (NABR) announced the launch of BillableGenie, an online centralized source of actual data on insurer paid not-included collision repair procedures and operations, labor rates paid, labor rate concessions, and other manually entered estimate line items. NABR’s current variable rate system (VRS) subscribers already have access to BillableGenie as part of their current […]
James Muse Promoted to VP, Global Refinish Sales at Axalta
Axalta (NYSE:AXTA) announced James (Jim) Muse has been promoted to Vice-President, Global Refinish Sales. In this new role, Muse will focus his leadership on the company’s growing global customer base and developing sales force excellence plans for teams around the world. In addition to these new responsibilities, Muse will retain accountability for several key Strategic […]
Steve Lyon Appointed VP of OEM Relations at Matrix Electronic Measuring
Matrix Electronic Measuring, Inc. announced the appointment of Steve Lyon as Vice President of Original Equipment Manufacturer (OEM) Relations. In this role, Steve will manage relationships with Matrix’s current network of equipment sales representatives, and will actively seek new opportunities to extend the Matrix sales network. Prior to Matrix, Lyon enjoyed a 37 year career […]
Car-O-Liner Now a WorldSkills Global Partner
Car-O-Liner announced that it has become the latest company to join WorldSkills as a Global Partner. After providing equipment and manpower to WorldSkills Competitions in the Autobody Repair Skill since 2009, Car-O-Liner now joins 20 other WorldSkills Global Partners and 80 countries who are part of the WorldSkills movement which helps young people change their […]
Most Influential Women Award Nominations to Open November 1
The Women’s Industry Network (WIN) announced today that nominations for the Most Influential Women (MIW) awards will open on Thursday, November 1, and will be accepted through Monday, January 14, 2019. The winners will be recognized at a gala during the 2019 WIN Educational Conference, being held May 6-8, 2019 in Fort Lauderdale, Fla. Nominations […]
Collision Claims Down in Second Quarter
Auto physical damage indicators influencing the collision repair industry declined during the second quarter compared to last year. Claims below year ago levels while losses up. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 months […]
Wholesale Used Vehicle Prices Down in September
Prices were down on both a month-over-month and year-over-year basis. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, as the wholesale used vehicle market enters the period of time comparable with last year’s hurricane season, wholesale prices will be challenged to meet last year’s high, demand-driven levels. This is reflected in […]
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