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AkzoNobel Create First Bio-Based Interior Coating for KIA Motors

November 3, 2023 By CollisionWeek Editor

KIA Motors is using bio-based paint supplied by AkzoNobel for the inside of its new EV9 electric SUV. It’s the first time the vehicle manufacturer has specified an interior bio-based coating. Two kinds of bio-rosin, a solid form of resin, have been used to create the product, one extracted from rapeseed, the other from pine […]

Filed Under: News Tagged With: AkzoNobel, Kia

Driven Brands Reports Revenue Up 12% in Third Quarter Compared to Last Year

November 2, 2023 By CollisionWeek Editor

Revenue increase was due to 6% same-store sales growth and 6% net store growth. Driven Brands Holdings Inc. (NASDAQ: DRVN) delivered revenue of $581.0 million for the third quarter ended September 30, up 12% versus the prior year. System-wide sales were $1.6 billion, up 10 percent versus the prior year driven by 6 percent same-store […]

Filed Under: News Tagged With: Driven Brands, Earnings

Axalta Reports Net Sales Up 5.7% in Third Quarter Compared to Last Year

November 2, 2023 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales increased 5.7% year-over-year in the third quarter ended September 30, and 3.5% excluding foreign currency translation, to $1.3 billion. The increase in net sales was driven primarily by 6.3% higher average price-mix and a modest foreign currency translation benefit of 2.2%. Volumes declined by 2.8% as strong […]

Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems, Earnings

LKQ Partners with the International Rescue Committee

November 2, 2023 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) announced it is strengthening its commitment to people and the planet by partnering with the International Rescue Committee (IRC), a global non-profit organization that helps people affected by humanitarian crises – including the climate crisis. This partnership exemplifies LKQ’s unwavering commitment to the power of compassion and humanity, and standing with those […]

Filed Under: News Tagged With: Agreements Signed, International Rescue Committee, LKQ Corporation

Solera Launches Peri Payment Processing Solution

November 2, 2023 By CollisionWeek Editor

Solera Global Corp. introduced Peri, a payment processing tailored for the automotive industry to significantly reduce transaction fees for businesses of all sizes. According to the company, its sustainable approach will transform the merchant services industry, which is often plagued by hidden fees and intricate terms and conditions. Peri will make it easier for automotive […]

Filed Under: News Tagged With: Payment Processing, Solera

Ken Miller Elected President of AASP/NJ Board and Association Honors Members at Annual Meeting

November 2, 2023 By CollisionWeek Editor

Members of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) filled the Gran Centurions hotel in Clark, N.J. on October 25 to witness the association’s annual Board of Director elections and award ceremony and enjoy a hilarious set by legendary comedian and TV star Rich Vos. Festivities began with the election of Ken […]

Filed Under: News Tagged With: AASP/NJ, Annual Meeting, Awards, Board of Directors, New Jersey, People

IRC Reports 14% of U.S. Drivers Were Uninsured in 2022

November 1, 2023 By CollisionWeek Editor

Rate of uninsured motorists above pre-pandemic level, but down slightly from 2021. About one in seven U.S. drivers (14.0 percent) operated a private-passenger vehicle without liability insurance in 2022, according to an estimate contained in a new report released today by the Insurance Research Council (IRC). The District of Columbia (25.2 percent), New Mexico (24.9 […]

Filed Under: News Tagged With: Insurance Research Council, Uninsured Motorists

Elitek Vehicle Services Announces First Phase of Integration with CCC ONE

November 1, 2023 By CollisionWeek Editor

Elitek Vehicle Services, an LKQ company, is joining the CCC Diagnostics Network (CCC) to include the reporting automation of remote diagnostic services. With this integration, customers will be able to view their scan reports and invoices directly in the CCC ONE work file, allowing the shop to save time and effort while standardizing the documentation […]

Filed Under: News Tagged With: CCC, Diagnostics, Elitek Vehicle Services, Integrations, LKQ Corporation

Mazda and Mitchell Renew Collision Network Agreement and Introduce Enhancements

November 1, 2023 By CollisionWeek Editor

New features include improved promotional opportunities, estimating system updates and increased access to repair procedures for certified collision repair facilities. Mitchell, an Enlyte company, and Mazda North American Operations (MNAO) today announced that they have signed a contract renewal for Mitchell to continue to serve as program administrator of the Mazda Collision Network in the […]

Filed Under: News Tagged With: Agreements Signed, Mazda, Mitchell International, OEM Certification, OEM Repair Procedures

AirPro’s Auggie Calibrations Meet IIHS and NHTSA Standards

November 1, 2023 By CollisionWeek Editor

AirPro Diagnostics announced its Auggie mobile static recalibration device has been independently tested and has met Insurance Institute for Highway Safety (IIHS) and National Highway Traffic Safety Administration (NHTSA) vehicle requirements, proving a complete and safe recalibration. FT Techno of America (FTTA), an independent vehicle evaluation company, recently performed the following industry recognized ADAS tests […]

Filed Under: News Tagged With: AirPro Diagnostics, Insurance Institute for Highway Safety, National Highway Traffic Safety Administration, Recalibration

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