PPG (NYSE:PPG) today announced that it has completed its previously announced acquisition of SEM Products, Inc., the U.S.-based manufacturer of specialized automotive refinish products. Financial terms were not disclosed. According to a letter to customers from Greg Benckart, VP, Americas, PPG Automotive Refinish, and Steve Fussy, President, SEM Products, Inc., SEM will continue to operate […]
CCC Introduces Artificial Intelligence Estimating Tool
CCC Information Services Inc. (CCC) announced today it has introduced its AI solution for collision repair estimates. CCC Smart Estimate leverages CCC’s estimating logic and AI photo analytics capabilities to pre-populate an estimate with suggestions for human estimators to review, edit, and advance. Through the process, Smart Estimate AI and human estimators learn from each […]
Copart Opens Ninth Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced a new location at Am Bahnhof 7a in Friesack, Brandenburg in Western Berlin, Germany. This will be Copart’s ninth location in the country. “We are proud to bring our leading auction technology, processes, and services to the German salvage vehicle market,” said Alain Van Munster, Managing Director, Copart Germany. “With a […]
U.S. Collision Repair Industry Revenue Nearly $44 Billion in 2017
Latest data shows independent and OE dealer collision repair facilities were just short of $44 billion in annual revenue during 2017. The latest analysis of government and industry statistics covering 2017 indicates that the combined revenue of independent and OE dealer collision repair facilities with employees increased for the eighth straight year in 2017. The […]
CARSTAR Adds Two Collision Repair Centers to its Network in California
CARSTAR announced the opening of two new California facilities, CARSTAR McLaren Lake Forest and CARSTAR McLaren Irvine. Owned by husband and wife team, James and Mary Davis, CARSTAR McLaren Lake Forest and CARSTAR McLaren Irvine are a family business. James Davis came from a collision repair family, with both his father and brother in the […]
I-CAR Provides Details on Changes to Education and Recognition Programs
Since announcing changes to its training and recognition programs in August, I-CAR has continued to refine programming elements in order to provide customers with the best possible solutions and user experience. “I-CAR’s newly developed programs have been fine-tuned as a result of working closely with experts from the Inter-Industry to enhance our already successful core […]
U.S.-Mexico-Canada Trade Agreement Signed
Today at the G20 Summit being held in Argentina, the United States, Canada and Mexico signed the new trade agreement announced in October to replace the North American Free Trade Agreement. The new United States-Mexico-Canada Agreement (USMCA) centers on the auto industry and the Trump Administration’s desire to have higher North American-produced content in automobiles […]
Assured Performance Introduces Integrated Claims and Collision Repair Network Management System
Assured Performance announced details of its next generation Network Management Ecosystem engineered to connect the claims and collision repair industry. The Ecosystem integrates manufacturers, insurers, suppliers, and repair providers as well as mobile consumers and connected vehicle technologies. The Network Management functionality is designed for entities that want to manage their own networks as well […]
IIHS Report Raises Concern on Headlight Replacement Costs
Latest edition of Insurance Industry for Highway Safety’s Status Report examines headlight performance and collision repair cost. Minor crashes can result in big headlight collision repair bills. The cover story in the latest edition of the Insurance Industry for Highway Safety (IIHS) Status Report examines improvements in headlight performance that, while benefiting safety, are often […]
Illinois CARSTAR Owner Adds Second Collision Repair Center in Illinois
CARSTAR announced the opening of CARSTAR Poplar, a 9,000 sq. ft. collision repair center located at 1601 Poplar Street, in Ottawa, Illinois. The new CARSTAR multi-store owners, Justin and Rachelle Fisher, launched CARSTAR Poplar with the aim of replicating the efficiency, consistency and customer satisfaction that drives their other location, CARSTAR Yorkville. “Being a small […]
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