AkzoNobel (AMS:AKZA) reports that its collision repair and automotive refinishing customers are reducing keys-to-keys cycle times due using Carbeat, a data-driven digital project management process simplifying the shopfloor workflow, while tracking critical data using a seamless blend of technology and services. According to the company, its customers are experiencing a 10 to 15 percent reduction […]
Audatex UK and Bodynet Extend Integration with Automated Two-Way Image Data Flow
Audatex UK announced that as part of the latest integration enhancements, images of damaged vehicles can now be seamlessly passed between Audatex and Bodynet, improving on the existing integration between the Bodynet management solution and AudaEnterpriseGold. The reliable flow of repair data and information is critical to allow for higher automation and improved efficiency, especially […]
Copart Reports Fiscal Third Quarter Revenue Up Nearly 9%
Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30, revenue was $1,021.8 million, an increase in revenue of $81.9 million, or 8.7% from the same period a year ago. Gross profit was $483.4 million, an increase of $47.2 million, or 10.8%, and net income was $350.4 million an increase of $71.8 million, or […]
ASE May 23 Webinar Examines Collision Repair Training Program Paint Operation Improvements
The National Institute for Automotive Service Excellence (ASE) is hosting a free on Tuesday, May 23 at 4:00 p.m. ET entitled Paint Operation Improvements. In this webinar, Jason Garfoot with 3M will discuss how to improve paint operations for collision repair training programs. These programs are facing many of the same challenges – reduced budgets, […]
CARFAX Reports Alarming Number of Cars with Urgent Recalls Remain Unrepaired in the U.S.
California, Texas and Florida each have more than 200,000 vehicles with critical safety recalls. More than 2.5 million vehicles that have been tagged with Do Not Drive or Park Outside safety recalls remain unrepaired as of May 1, CARFAX data shows. Ten states have more than 70,000 of these vehicles driving on their roads, with […]
Allstate Announces April Implemented Auto Rate Increases of 8.6% in 13 Locations
Rate increases since the beginning of the year expected to raise written premiums by $862 million. The Allstate Corporation (NYSE: ALL) announced that during the month of April, the Allstate brand implemented auto rate increases were 8.6% across 13 locations, resulting in total brand premium impact of 1.6%. “Allstate continued to implement significant auto insurance […]
Lift Auto Group Acquires Collision Repair Center in Burnaby, British Columbia
Lift Auto Group announced the acquisition of B&M Auto-Craft Collision formerly owned by brothers-in-law Tony Murazzo and Antonio Beninteso. The facility, located in Burnaby, B.C., now joins the CSN Collision network and will operate as CSN BM Collision. “Lift is a great company. I had the opportunity to chat with them and they’re so professional […]
Fix Auto UK Announces Awards at National Conference
Fix Auto Weston-super-Mare became the toast of Fix Auto UK’s 2023 National Conference after being named as the network’s ‘Bodyshop of the Year’ during the organization’s highly anticipated ‘Next Gen’ themed National Conference. Presented in front of a record number of delegates, insurer guests and suppliers at The Vox, near Birmingham, Somerset business owners Tony […]
Michael Wise Confirmed as South Carolina Insurance Director
Michael Wise was confirmed by the South Carolina Senate as the next Director of the South Carolina Department of Insurance. “The Department of Insurance has done exceptional work during the short time that Mr. Wise has served as Acting Director,” said South Carolina Governor Henry McMaster. “From hurricanes to combating insurance fraud, he has repeatedly […]
Progressive Reports Personal Auto Policies in Force Grew 13% in April
Total personal auto policies in force exceeded 19.5 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,528,200 in April, an increase of 13% from April 2022. Agency personal auto insurance policies were 8,337,100, up 8% from 2022 and direct policies in force were 11,191,100, up 17% versus April […]
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