Collision repair consolidator adds 258 locations, announces NYSE listing to fund expansion. Boyd Group Services Inc. (TSE: BYD) announced October 29 it has agreed to acquire Joe Hudson’s Collision Center for $1.3 billion while simultaneously launching a $780 million initial public offering on the New York Stock Exchange, marking the company’s entry into U.S. public […]
Stellantis Announces Partnership to Deploy 5,000 Robotaxis Globally
Partners include NVIDIA, Uber and Foxconn. Initial operations planned for the U.S. Stellantis announced yesterday a partnership with NVIDIA, Uber Technologies Inc. and Foxconn to develop and deploy Level 4 autonomous vehicles for robotaxi services, with production targeted to begin in 2028. Uber plans to deploy 5,000 Stellantis autonomous vehicles in select cities worldwide, with […]
Axalta Reports Record Profitability Despite Revenue Decline in Third Quarter
Axalta Coating Systems Ltd. (NYSE: AXTA) reported net sales of $1.3 billion for the quarter ended Sept. 30, down 2% year-over-year, as the company achieved record adjusted earnings despite persistent headwinds in its automotive refinish business. The company posted adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $294 million, a quarterly record, with […]
Kinetic Launches AI Imaging System for Collision Repair Facilities
Kinetic announced the launch of an AI-powered imaging system designed to speed up the collision repair estimating process. The system, called Kinetic Vision, uses computer vision to scan damaged vehicles and create 3D digital models. The company’s data analytics system, Kinetic Intelligence, then generates repair estimates, which are reviewed by estimators before being sent to […]
Collision Industry Foundation Elects Five New Trustees
The Collision Industry Foundation has announced the results of its board election, with five new trustees set to begin their terms following the organization’s annual meeting on January 19. The new trustees are Amber Alley, general manager at Barsotti’s Body & Fender; Barry Barbee, director of industry relations, insurance and collision at RunBuggy; Tom Julius, […]
Satisfaction with Auto Insurance Claims Flat
J.D. Power annual study finds satisfaction strained by higher deductibles, more total losses. Seven percent of insureds report avoiding filing a claim. Auto insurance rates have finally started to decline from the near-record highs of 2024, but customers are still feeling the sting of several years of sky-high insurance costs when it comes to their […]
CCC Adds Kinetic to Diagnostics Network
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) today announced that Kinetic has been added as a provider within the CCC Diagnostics Network. The integration makes Kinetic’s calibration recommendations accessible directly within CCC ONE, giving collision repairers a digital way to identify necessary OEM calibration requirements early in the repair process. The connection will help shops plan […]
NOVUS Glass and Crystal Glass Partner in Western Canada
The Fix Network announced a partnership between NOVUS Glass and Crystal Glass Canada Ltd. that will combine the two glass repair brands under a unified operation in Western Canada. The new entity, to be called NOVUS Crystal Glass, will merge NOVUS Glass’ repair technology and franchise network with Crystal Glass’s Western Canada footprint. “By joining […]
Mitchell Launches Tool to Automate ADAS Operations in Collision Repair Estimates
Mitchell International announced the upcoming availability of Mitchell Diagnostics Sync, a tool that automatically adds recommended advanced driver assistance system (ADAS) operations from third-party providers into collision repair estimates. The cloud-based solution is designed to eliminate manual data entry by connecting diagnostic scan and calibration reports directly to Mitchell’s estimating platform. The system attaches reports […]
CCI and I-CAR Partner on Apprenticeship Assessment Program for Collision Repair Shops
Collision Career Institute (CCI) and the Inter-Industry Conference on Auto Collision Repair (I-CAR) announced a partnership aimed at improving workforce development outcomes for collision repair shops participating in apprenticeship programs. Under the agreement, CCI will provide assessment and evaluation services to shops enrolled in I-CAR’s Registered Apprenticeship Program. The service is designed to complement I-CAR […]
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