New facility, Axalta’s first manufacturing plant in Argentina, will support automotive, refinish and industrial markets. Axalta Coating Systems (NYSE: AXTA) celebrated its first production and logistics center in Argentina in the municipality of Escobar in the province of Buenos Aires, Argentina. Axalta Chairman and CEO Charlie Shaver met with employees and toured the new facility […]
Kansas City, Kansas Tops Allstate America’s Best Drivers Report
As U.S. drivers approach the Fourth of July holiday, the deadliest day on the road, Allstate launches a new safe-driving campaign, to help combat the rising number of fatal collisions. The 13th annual Allstate America’s Best Drivers Report names Kansas City, Kansas, the city with America’s safest drivers. Based on Allstate claims data, the company […]
Maine Collision Repair Anti-Steering Legislation Vetoed by Governor
State Senate fails to overturn veto on measure that would have required insurers to inform a consumer of right to collision repair facility. Proposed legislation (LD 1540) in Maine that would have required an insurer that recommends a particular collision repair facility to inform consumers they have a right to choose a facility was vetoed […]
Recalled Airbag Manufacturer Takata Files for Bankruptcy
Reaches agreement to be acquired by US-based Key Safety Systems. Japan’s Takata Corp, the manufacturer at the center of the airbag recall, filed for bankruptcy protection in both the United States and Japan, and announced it would be acquired for $1.6 billion by Sterling Heights, Michigan- based Key Safety Systems (KSS). Under the agreement, KSS […]
SkillsUSA Collision Repair and Automotive Refinish Medalists Named
High school students from Sentinel Career and Technology Center in Tiffin, Ohio take Gold in both collision repair and automotive refinish contests. The winners of the annual SkillsUSA Championships in Collision Repair Technology and Automotive Refinish Technology were announced Friday evening, June 23, at the Awards Ceremony of the National Leadership and Skills Conference. The Conference […]
New Vehicle Sales Pace Projected to Fall Again
J.D. Power and LMC Automotive estimates U.S. retail SAAR of 13.1 Million, the Lowest for June in five years. The new vehicle retail sales pace in June is expected to be lowest for the month since 2012, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales in June are anticipated […]
U.S. Property/Casualty Insurance Industry Reports $7.7 Billion Net Income in First Quarter
Net income drops 42.2 percent due to the highest first quarter catastrophe losses since the 1994 Northridge earthquake. The private U.S. property/casualty insurance industry saw its net income after taxes drop to $7.7 billion in first-quarter 2017 from $13.4 billion in first-quarter 2016—a 42.2 percent decline—and its overall profitability as measured by its annualized rate […]
Thatcham Announces Partnership on Collision Repair Management Training in the UK
According to Thatcham Research, the United Kingdom-based motor insurers’ automotive research center, challenging decisions lie ahead for body shops, as modern vehicles trigger need for specialized repair strategies. The organization announced a new partnership with Business Success Global (BSG) to bring a leadership and management development program to market to help repairers respond to changes […]
U.S. House Passes Bill Reauthorizing Perkins Support for Career and Technical Education
The U.S. House of Representatives voted yesterday to pass H.R. 2353, the Strengthening Career and Technical Education for the 21st Century Act. The bill seeks to reauthorize the Carl D. Perkins Career and Technical Education Act (Perkins) through Fiscal Year (FY) 2023. According to a joint statement from LeAnn Wilson, executive director of the Association […]
Axalta Supports Sustainable Auto Repair Program in Tianjin, China
Axalta Coating Systems (NYSE:AXTA) recently collaborated with the Tianjin Vehicle Maintenance Administrative Office to offer advanced, technical education on waterborne coating technology to more than 60 Tianjin automotive refinish businesses. Technicians received training on the benefits of waterborne coatings and learned to improve their application skills. Axalta’s participation contributes to the success of the “Tianjin […]
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