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Axalta Completes CoverFlexx Group Acquisition

July 3, 2024 By CollisionWeek Editor

Axalta Coating Systems (NYSE: AXTA) announced it completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America. “The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said […]

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

Consumer Sentiment Down for Third Month in a Row in June

July 3, 2024 By CollisionWeek Editor

Concerns over inflation softens, but high prices and weakening income weigh on results. Consumer sentiment in June inched down from May but remains up versus last year according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 68.2 in the June 2024 survey, down 1.3% from 69.1 in May but […]

Filed Under: News Tagged With: Consumer Sentiment, Consumer Sentiment Index, University of Michigan

SkillsUSA 2024 National Collision Repair, Automotive Refinish and Damage Appraisal Medalists Announced

July 3, 2024 By CollisionWeek Editor

The medalists at the 2024 SkillsUSA National Championship Competition that took place last week in Atlanta, Ga. have been announced. The winners of the Collision Repair Technology competition were: High School Gold: Elijah Stines – Unaka High School – Elizabethton, TN Silver: Tyler Gillie – United Technologies Center – Bangor, ME Bronze: Benjamin Kimbark – […]

Filed Under: News Tagged With: SkillsUSA

OSHA Announces Proposed Rule to Protect Indoor and Outdoor Workers from Heat Injuries and Illness

July 3, 2024 By CollisionWeek Editor

The U.S. Department of Labor Occupational Safety and Health Administration (OSHA) has released a proposed rule with the goal of protecting workers from the health risks of extreme heat. If finalized, the proposed rule would help protect approximately 36 million workers in indoor and outdoor work settings and substantially reduce heat injuries, illnesses, and deaths […]

Filed Under: News Tagged With: Heat Illness, OSHA, Regulations

Marshall Doney Named Permanent CEO at AAA Northern California, Nevada & Utah

July 3, 2024 By CollisionWeek Editor

AAA Northern California, Nevada & Utah (AAA NCNU), which has over six million members in Northern California, Arizona, Nevada, Utah, Montana, Wyoming, and Alaska, announced that the board of directors has unanimously chosen Marshall L. Doney as the organization’s next President and CEO effective immediately. “Marshall embodies unparalleled operational expertise, a visionary entrepreneurial spirit and […]

Filed Under: News Tagged With: AAA NCNU, People

US Property/Casualty Industry Suffered Second-Straight Year of $20 Billion-Plus Underwriting Losses in 2023

July 2, 2024 By CollisionWeek Editor

AM Best special report says P/C insurers’ underwriting loss was over $47 Billion combined in 2022-23. Unprofitable results in the U.S. private passenger auto and homeowners/farmowners market insurance segments led to a second-straight year of net underwriting losses in the property/casualty (P/C) industry eclipsing $20 billion, according to a new AM Best report. The 2023 […]

Filed Under: News Tagged With: Losses, Property Casualty Insurance

OpenRoad Collision Expands Allard Collision in Arizona with Acquisition of 3 Repair Facilities

July 2, 2024 By CollisionWeek Editor

OpenRoad Collision announced the expansion of Allard Collision in the Phoenix metropolitan area. Allard added three new locations in the broader Phoenix market through the acquisition of Andy’s Collision, a two location MSO with locations in Glendale and North Phoenix, and Airpark Collision, a collision center in Scottsdale. In total, Allard Collision now operates seven […]

Filed Under: News Tagged With: Acquisitions, Arizona, OpenRoad Collision

Fix Network 2025 Global Conference April 27-May 1 in Mexico

July 2, 2024 By CollisionWeek Editor

The Fix Network announced its Global Conference will take place from April 27 to May 1, 2025, at the luxurious Dreams Playa Mujeres Golf & Spa Resort in Mexico. The event will bring together network franchisees, company leaders, valued sponsor partners, and special guests, for a unique blend of business and inspiration in a tropical […]

Filed Under: News Tagged With: Annual Conference, Fix Network World, Mexico

Liz Stein Named VP Strategic Initiatives for North America at CCG

July 2, 2024 By CollisionWeek Editor

Certified Collision Group, Inc. (CCG) announced Liz Stein is joined the organization as Vice President, Strategic Initiatives for North America effective July 1.  She brings more than 20 years of experience from Executive Management of collision repair networks, to most recently helping launch an electronic repair planning platform for the collision repair industry.  Stein is […]

Filed Under: News Tagged With: Certified Collision Group, People

Solera Files Registration Statement for Proposed Initial Public Offering

July 1, 2024 By CollisionWeek Editor

IPO would mark return to public markets after being taken private in 2016. Solera Corp. announced June 28 that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its proposed initial public offering of shares of common stock. As CollisionWeek reported May 2, Solera had […]

Filed Under: News Tagged With: Initial Public Offering, Solera

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