Now in its fourth year, #GivingTuesday is a global day of giving. Observed on the Tuesday following Thanksgiving in the U.S. and the widely recognized shopping events Black Friday and Cyber Monday, #GivingTuesday kicks off the charitable season, when many focus on their holiday and end-of-year giving. The Collision Repair Industry Foundation is asking for […]
Australia – Aftermarket Calls to Establish Access to Vehicle Repair Info
The Australian Automotive Aftermarket Association (AAAA) has warned that Federal Government policy needs to keep pace with the technology being used in modern cars which have become ‘computers on wheels’. In a comment piece titled In the National Interest – Why Australia needs a National Automotive Repair and Servicing Portal released to members of Federal […]
Global Auto Insurance Market Grew 5.2% Annually Since 2010
According to a new research study released by Finaccord, worldwide, the value of auto insurance premiums in 2014 was $671.3 billion with this global market size having risen at a nominal compound annual growth rate of 5.2 percent since 2010, when premiums were worth $547.0 billion, though this growth rate was 3.2 percent in real […]
Traffic Fatalities Fall in 2014, Estimates Show 2015 Trending Higher
The nation saw a slight decline in traffic deaths during 2014. However, an increase in estimated fatalities during the first six months of this year reveals a need to reinvigorate the fight against deadly behavior on America’s roads, the Department of Transportation’s National Highway Traffic Safety Administration announced November 24. NHTSA’s Fatal Analysis Reporting System […]
CARSTAR Chicago Business Group Supports Local Fisher House
A friendly wager between the CARSTAR store owners in Chicago and St. Louis turned in a great benefit for the Hines Fisher House in Chicago when the Cubs beat the Cardinals in the playoffs. CARSTAR store owners from the CARSTAR Chicagoland Business Group gathered on Veterans Day to present the check to Hines Fisher House. […]
NAIC Elects 2016 Officers
Members of the National Association of Insurance Commissioners (NAIC) on November 22 elected its 2016 officers: President: Missouri Insurance Director John M. Huff President-Elect: Kentucky Insurance Commissioner Sharon P. Clark Vice President: Wisconsin Insurance Commissioner Ted Nickel Secretary-Treasurer: Tennessee Insurance Commissioner Julie Mix McPeak The newly elected officers will assume their duties on Jan. 1, […]
GM MyPriceLink Going Live December 1
GM (NYSE:GM) Customer Care and Aftersales (CCA) announced its real-time collision repair parts list pricing initiative, MyPriceLink, will be going live on December 1st with integrations from major estimating platforms. As CollisionWeek reported earlier this year, GM worked with major estimating system suppliers to develop an integrated solution to improve workflow. GM announced last summer […]
Progressive Insurance Data Shows Spike in Thanksgiving Week Wrecks
As families prepare to hit the road this Thanksgiving week, new data from Progressive Insurance (NYSE:PGR) details potential accident risks from the day before Thanksgiving, known as Black Wednesday, through Cyber Monday. Progressive pulled claims data from the week of Thanksgiving, dating back to 2010. When compared to the data from the two weeks before […]
Copart Reports Lower Sales, Earnings in Fiscal 2016 First Quarter
Copart, Inc. (NASDAQ:CPRT) yesterday reported its financial results for the quarter ended October 31. For the three months ended October 31, 2015, revenue was $288.8 million, a decrease in revenue of $1.5 million, or 1.5 percent from the same quarter last year. Gross margin was $120.9 million, a decrease in gross margin of $1.4 million, […]
Axalta Becomes Mercedes-Benz Aftermarket Premium Partner in China
Axalta Coating Systems (NYSE:AXTA) has been certified as a “Premium Partner” by Mercedes-Benz aftermarket in China. Under the terms of the partnership designation, Axalta will provide its Spies Hecker Permahyd Hi-TEC waterborne coating products to Mercedes-Benz in China to support its collision repair business. Axalta also will provide color formulas to Mercedes-Benz dealer shops and […]