Company reports more than $221 million in revenue for the quarter, over $637 million for first nine months. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $221.1 million for the third quarter ended September 30, an increase of 11% from $198.7 million for the third quarter of 2022. For the first nine […]
Fenix Parts Acquires Indianapolis Auto Recycler
Fenix Parts announced it has completed its acquisition of the assets of Brothers Auto Parts in Indianapolis, Indiana. Brothers is a full-service automotive recycler servicing the Indianapolis market. This is Fenix Parts’ sixth acquisition in the Midwest and brings Fenix’s location count to 24 full-service and 5 self-service locations. Bill Stevens, CEO of Fenix Parts, […]
Sherwin-Williams Automotive Finishes Supports Blazing Trails Scholarship Fund
Sherwin-Williams Automotive Finishes and several well-known painters showed their support for young talent entering the collision repair industry by partnering with the Blazing Trails Scholarship Fund at the recent 2023 SEMA Show in Las Vegas, Nev. Renowned painters donated more than 30 custom art panels for an art sale Sherwin-Williams held at its House of […]
AkzoNobel 24-hour Challenge to Accelerate Repair Industry Carbon Reduction November 21-22 in Amsterdam
AkzoNobel (AMS: AKZA; OTCMKTS: AKZOY) announced an initiative to reduce the collective carbon footprint of the vehicle repair industry will take place in November. The Vehicle Repair (VR) Sustainability Challenge brings together strategic partners from across the entire vehicle repair value chain, including insurance companies, fleet and lease companies, body shops and original equipment manufacturers (OEMs). […]
Opus IVS Partners with Australia’s National Windscreens on Diagnostic and Calibration Services
Opus IVS announced an exclusive partnership with Australia’s National Windscreens Pty. Ltd. and their Advanced Driver Assistance Systems (ADAS) diagnostics and calibration division. This strategic alliance will pave the way for the development diagnostic and calibration services and solutions to automotive collision and mechanical repair facilities, windshield and windscreen repair centers, and calibration facilities across […]
Stellantis Introduces 2025 Ram 1500 Ramcharger EV Pickup with V6 Generator
Stellantis (NYSE: STLA) announced the debut of the 2025 Ram 1500 Ramcharger electric pickup truck with a targeted range of up to 690 miles. “With unlimited battery-electric range, the Ram 1500 Ramcharger is the pinnacle of the light-duty pickup truck segment and the ultimate electric truck,” said Tim Kuniskis, Ram brand CEO – Stellantis. “The […]
GEICO Reports Collision Claims Severity 5-7% Higher in First Nine Months of 2023 Compared to Last Year
Frequency was down, but severity up year-to-date through third quarter. Policies in force down over 12% as company reduces advertising and focuses on profitability. Berkshire Hathaway reported its third quarter earnings, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. on November 4. GEICO’s pre-tax underwriting earnings in […]
Quality Collision Group Acquires Three Collision Repair Centers in North Carolina
Quality Collision Group announced the acquisition of three North Carolina Relentless Collision locations. Quality Collision Group (QCG) strategic focus is centered on building the nation’s largest, most trusted OEM-certified collision repair organization through an acquisition strategy that maintains the high standards and quality of service at the collision repair facilities it acquires. Todd McGowan launched […]
Repairify and Claim Genius Announce Strategic Partnership
Claim Genius and Repairify announced a new partnership where Claim Genius’ AI photo estimating will be integrated with Repairify’s diagnostic scanning and AI-generated collision repair recommendations. This will provide shops with a holistic AI-driven estimating and repair planning process that automatically assesses external damage and required internal repairs. Tasks that could take several hours can […]
ABPA and MEMA Aftermarket Suppliers Applaud U.S. House REPAIR Act Passage
The Automotive Body Parts Association (ABPA) and MEMA Aftermarket Suppliers, a membership group of MEMA, The Vehicle Suppliers Association, both applauded the House Energy and Commerce Subcommittee on Innovation, Data, and Commerce passage on November 2 of H.R. 906, the Right to Equitable and Professional Auto Industry Repair (REPAIR) Act, out of the subcommittee. “It […]
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