Older facilities would be replaced by new larger, modern centers in New York State and Georgia, maintain employment levels. As part of its proposal to the United Auto Workers to resolve the strike that began September 15, Stellantis is proposing to close 18 facilities in the U.S., including 10 Mopar Parts Distribution Centers (PDCs) across […]
CCC’s Majority Shareholder Reported Considered Selling Stake in Company
According to a report by Reuters, Advent International is considering selling its stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS). The private equity firm acquired its stake in 2017 when it purchased the company from CCC’s previous owners Leonard Green & Partners (LGP) and TPG Capital (TPG). CCC was taken public in 2021 through a […]
1Collision Adds Collision Repair Center to Network in Arizona
1Collision announced the addition of Valley Collision–Mesa, located at 840 E Southern Ave, in Mesa, Ariz. to its nationwide network. Established in January 2023, the family-owned and operated business was founded by Dennis Kennealy, who has 30 years of industry experience, and Ryan Cochran, who has a background in commercial real estate development. Kennealy said […]
Mitchell Receives Cloud Computing Award for AI Powered Appraisal Review Solution
Mitchell, an Enlyte company, today announced that it received a 2023 Stratus Award for Cloud Computing from Business Intelligence Group for Mitchell Intelligent Review. The organization’s annual awards program seeks to identify the companies, products and people offering unique solutions that take advantage of cloud technologies. Mitchell Intelligent Review won in the Software as a […]
Progressive Reports Personal Auto Policies in Force Down Month-Over-Month in August
Total personal auto policies in force remain up over 13% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,527,800 in August, down 0.6% from 19,642,900 in July. August’s policies in force represent an increase of 12.6% from 17,336,300 in August 2022. Growth appears to have slowed […]
PPG Introduces New Sustainability CO₂NCEPT System to Help Auto Body Shops Reduce Energy, Waste and Emissions
PPG (NYSE:PPG) today announced the launch of the PPG Sustainability CO₂NCEPT system, a suite of products, processes, digital tools and consulting services designed to help body shops in Europe, Middle East and Africa (EMEA) markets reduce energy, waste and greenhouse gas emissions throughout the automotive repair process. “Like many industries, there is immense pressure for […]
Kent Automotive Named Exclusive Distributor of 4Plastic Repair in U.S. and Canada
Kent Automotive has been named the exclusive distributor of 4Plastic supplies and tools in the U.S. and Canada. Kent’s 4Plastic repair system provides automotive plastic repair products for the collision repair industry that are engineered specifically for today’s OEM plastic parts and deliver high surface coverage that can replicate most textured finishes. The 4Plastic refinishing […]
Governors Highway Safety Association Supports Lower State BAC Limits in New Roadway Safety Priorities
Association members also reelect Barbara Rooney, Director of the California Office of Traffic Safety, as Chair. Amid a recent surge in traffic deaths and dangerous driving behaviors, the Governors Highway Safety Association (GHSA) has updated the Policies and Priorities that guide the organization’s work to prevent traffic crashes, injuries and deaths on U.S. roads. The […]
Auto Care Association Introduces Auto Care Academy Online Learning Resource
The Auto Care Association announced the launch of the Auto Care Academy, a self-paced online learning resource for auto care industry professionals. The online academy caters to professionals at all stages of their careers, from new industry entrants to seasoned veterans. In addition to the value these interactive online courses provide for the professional development of […]
Fitch Ratings Says US Vehicle Manufacturers Have Enough Liquidity to Withstand Extended UAW Strikes
While the ratings agency believes both manufacturers and the union want to resolve the strike quickly, the gap between compensation offers and union demands will make that difficult. U.S. vehicle manufacturers (OEMs) have sufficient liquidity for their ratings to withstand an extended strike by members of the United Auto Workers (UAW), according to Fitch Ratings. […]
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