Fourth quarter net sales up 4.9%. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its fourth quarter net sales increased 4.9% year-over-year to $1.3 billion. The increase in net sales was driven by a 2.3% foreign exchange benefit, 1.7% improvement in volumes, and 0.9% price-mix growth. Net income increased 68% year-over-year to $74 million versus $44 million […]
PPG Launches AdjustRite Repair Management Tool for Commercial Body Shops
PPG (NYSE: PPG) today announced the launch of the PPG AdjustRite Repair Management tool, the latest feature of the PPG AdjustRite commercial estimating system, which provides enhanced productivity for commercial vehicle repairs. The mobile-friendly PPG AdjustRite Repair Management platform offers technicians a time clock system and automated tracking of work hours per repair order. Shop […]
CIECA Announces 2024 Board of Trustees Officers
During the Collision Industry Electronic Commerce (CIECA) Board of Trustees meeting in Palm Springs, CA, on January 18, the organization’s Board of Trustees named the following officers for 2024: Chair: Ashley Denison, Chief Information Officer, Caliber Collision Vice Chair: Brady Bonner, Vice President of Client Sales and Support, Safelite Solutions Treasurer: Kim DeVallance Caron, Business […]
Vince Edivan Appointed Next Executive Director at Automotive Recyclers Association
The Automotive Recyclers Association (ARA) announced that on January 30 its Board of Directors unanimously approved a plan presented by the ARA Succession Committee for the transition of Executive Director responsibilities from current Executive Director Sandy Blalock to Vince Edivan, ARA’s Director of Member Relations. The leadership transition will occur over the next nine months, […]
New Light Vehicle Sales Down Slightly in January Compared to Last Year
NADA reports new vehicle sales were down on both a month-over-month and year-over-year basis. Projects production to increase in 2024. New light-vehicle sales cooled at the start of 2024 according to the National Automobile Dealers Association (NADA) Market Beat report. The January 2024 seasonally adjusted annual rate (SAAR) of 15.0 million units represents a decline […]
Ed Morse Automotive Group Enters Arizona with Acquisition of 7 Dealerships
The Ed Morse Automotive Group announced it is acquiring seven dealerships from Lawley Automotive Group in Sierra Vista, Arizona. The Dave Cantin Group brokered the transaction. The dealerships include: Lawley Chevrolet GMC at 2900 E. Fry Blvd SE, Sierra Vista Lawley Chrysler Dodge Jeep Ram at 1901 S. Highway 92, Sierra Vista Lawley’s Team Ford […]
Florida Man Accused of Selling Phony Insurance Policies to Car Buyers
On February 5, Florida Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of William Diehl for allegedly impersonating an insurance agent and defrauding consumers purchasing auto insurance. Diehl, while not licensed as an insurance agent, sold multiple fraudulent and non-existing automobile insurance policies to several unsuspecting victims, many of whom may still be unaware […]
Automotive Recyclers Association Releases Battery Material Use Hierarchy
The Automotive Recyclers Association (ARA) published a Battery Material Use Hierarchy created in collaboration with the Argonne National Laboratory. The Hierarchy describes putting batteries to their highest and best use and highlights a preferred path of batteries after they have served their initial purpose. According to the association, encouraging and incentivizing the reuse, reconditioning, remanufacturing, […]
Andrew Batenhorst Named New President of California Autobody Association Glendale/Foothill Chapter
The California Autobody Association announced Andrew Batenhorst of Pacific BMW Collision Center is the new President of our Glendale/Foothill Chapter. Andrew brings with him over 25 years experience in the automotive and insurance industries. Current Body Shop Manager at long time CAA member Pacific BMW, he also serves on the Board of SCRS and the […]
Collision Repair Education Foundation Benchmark Grant Applications Now Open
Grants support collision repair schools across the U.S. The Collision Repair Education Foundation (CREF) announced that applications are open for its 2024 Benchmark Grants. Collision repair is an intriguing field to pursue, yet schools often struggle to attract and retain students in their collision programs, not because there’s a lack of interest but typically due […]
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