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July New Vehicles Sales Projected Up on Bounce Following June CDK Global Outage

July 24, 2024 By CollisionWeek Editor

S&P Global Mobility projects the pace of sales in July is expected to realize a notable boost on delayed sales from June cyberattack on dealer management system provider. S&P Global Mobility projects new light vehicle sales volume in July 2024 to reach 1.32 million units, up approximately 1% year over year. This volume would translate […]

Filed Under: News Tagged With: Electric Vehicles, New Vehicle Sales, S&P Global Mobility

Auto Glass Now Announces Regional Insurance Partnerships in Florida

July 24, 2024 By CollisionWeek Editor

Auto Glass Now, part of Driven Brands (NASDAQ: DRVN) and the second largest provider of auto glass services in the U.S., continues to execute its strategy to establish and grow relationships with regional insurance providers. Earlier this year, Auto Glass Now added two agencies located in Florida, GreatFlorida Insurance and Pearl Holding Group, as partners.  […]

Filed Under: News Tagged With: Agreements Signed, Auto Glass Now, Driven Brands, Florida, GreatFlorida Insurance, Pearl Holding Group

Toyota Research Institute and Stanford Engineering Demonstrate Autonomous Tandem Drift Sequence

July 24, 2024 By CollisionWeek Editor

AI-powered research demonstrates two vehicles avoiding crashing in dynamic conditions. Toyota Research Institute (TRI) and Stanford Engineering announced a world first in driving research: autonomously drifting two cars in tandem. For nearly seven years, the teams have collaborated on research to make driving safer. The experiments automate a motorsports maneuver called “drifting,” where a driver […]

Filed Under: News Tagged With: Autonomous Vehicles, Stanford Engineering, Toyota Research Institute

Robert Guynn named Associate Commissioner for Insurance Fraud and Producer Enforcement in Maryland

July 24, 2024 By CollisionWeek Editor

Acting Maryland Insurance Administration Commissioner Joy Y. Hatchette announced the appointment of Robert E. Guynn as associate commissioner for insurance fraud and producer enforcement for the Maryland Insurance Administration. Guynn will oversee the Administration’s Insurance Fraud and Producer Enforcement Division, which investigates and prosecutes civil and criminal insurance fraud committed by insurance companies, producers (agents […]

Filed Under: News Tagged With: Insurance Fraud, Maryland Insurance Administration, People

Collision Repair Education Foundation Raises Over $110,000 at Golf Fundraiser

July 23, 2024 By CollisionWeek Editor

Funds will support collision repair schools and students. The Collision Repair Education Foundation’s (CREF) 22nd Annual Golf Fundraiser, co-hosted by PPG Automotive Finishes, held July 9 at the Arrowhead Golf Club in Littleton, Colo., raised over $110,000 to support collision repair programs, schools and students around the country. “What an incredible day of golf, networking […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, Golf Outing

WD-40 and NAPA Partner With TechForce Foundation to Offer $50,000 In Scholarships

July 23, 2024 By CollisionWeek Editor

To bridge the skilled trades gap and empower aspiring technicians to pursue a career in the field, WD-40 Brand and NAPA are partnering with TechForce Foundation to offer $50,000 in scholarships, aimed at bolstering a new generation of trade professionals. “The automotive industry’s future depends on the education and training of today’s students,” said Jamie […]

Filed Under: News Tagged With: NAPA, Scholarships, TechForce Foundation, WD-40

Sherwin-Williams Company Reports Second Quarter Sales of $6.27 Billion

July 23, 2024 By CollisionWeek Editor

The Sherwin-Williams Company (NYSE: SHW) reported consolidated net sales increased 0.5% in the second quarter ended June 30 to $6.27 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) in the quarter increased 12.1% to $1.44 billion, or 22.9% of net sales. Net sales in Sherwin-Williams’ Performance Coatings Group (PCG) that includes automotive refinish increased […]

Filed Under: News Tagged With: Earnings, Sherwin-Williams

National Council of Insurance Legislators CEO Considine to Retire

July 23, 2024 By CollisionWeek Editor

NCOIL General Counsel Will Melofchik named successor. National Council of Insurance Legislators (NCOIL) CEO Commissioner Tom Considine announced his retirement effective December 31. The announcement came during the Welcome Breakfast of the organization’s NCOIL Summer National Meeting in Costa Mesa, Calif. Considine has served as NCOIL’s first ever CEO since January 2016. The organization previously […]

Filed Under: News Tagged With: National Council of Insurance Legislators, People

NTSB Issues Safety Alert on Dangers of Marijuana for Teen Drivers

July 22, 2024 By CollisionWeek Editor

National Transportation Safety Board calls for increased education about impairing effects of marijuana following deadly Oklahoma crash. The National Transportation Safety Board issued a Safety Alert July 18 urging parents nationwide to protect their teen drivers from marijuana-impaired driving. The alert is accompanied by the final report on the investigation of a deadly 2022 collision […]

Filed Under: News Tagged With: Impaired Driving, Marijuana Legalization, National Transportation Safety Board, Oklahoma

Classic Collision Acquires First Repair Facility in Maryland

July 22, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Two Guys Collision Center in California, Md. Two Guys Collision Center has provided high-quality collision repairs and superb customer service in St. Mary’s County for several years. “We have been committed to providing every client the best collision repair experience. We feel that Classic Collision was the right […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Maryland

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