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Driven Brands Reports Record Revenue and Profitability in 2022

February 22, 2023 By CollisionWeek Editor

Revenue increased 39 percent powered by 14 percent same-store sales growth and 9 percent net store growth. Driven Brands Holdings Inc. (NASDAQ:DRVN) today reported 2022 revenue of $2.0 billion, up 39 percent versus the prior year. System-wide sales were $5.6 billion, up 24 percent versus the prior year with 14 percent same-store sales growth and […]

Filed Under: News Tagged With: Driven Brands, Earnings

Right to Repair Will Appear on Maine Ballot in November as Secretary of State Certifies Signatures

February 22, 2023 By CollisionWeek Editor

Maine’s Secretary of State’s office certified that the Maine Right To Repair Coalition has gathered the necessary number of voter signatures qualifying the initiative to be on the ballot this November. The group of Maine independent repair shop owners, employees, and right to repair supporters submitted more than 70,000 voter signatures to the Secretary of […]

Filed Under: News Tagged With: legislation, Maine, Right to Repair

OnStar and RapidDeploy Partner to Enhance the Incident Response Experience

February 22, 2023 By CollisionWeek Editor

GM’s OnStar Emergency Advisors are now using RapidDeploy Radius Mapping technology to help improve incident response outcomes, which can benefit both OnStar members and emergency responders. When OnStar Emergency Advisors are notified of car crashes, stolen vehicles, button presses from inside the vehicle, or calls from OnStar members, they will now have a supplemental, map-based […]

Filed Under: News Tagged With: Agreements Signed, General Motors, Onstar

Registration Open for May 21-25 Auto Care Connect

February 22, 2023 By CollisionWeek Editor

The Auto Care Association announced the opening of registration for the 2023 Auto Care Connect event set to take place May 21 -25, 2023 in Orlando, Fla. at the Hyatt Regency Orlando. The Connect event is comprised of the association’s Spring Leadership Days, ACPN Knowledge Exchange, PBES Annual Conference and YANG Leadership Conference. Auto Care […]

Filed Under: News Tagged With: Auto Care Association, PBES

AASP/NJ Invites Technicians to Show Off Their Skills at Bodywork Bowl Collision Repair Skills Competition

February 21, 2023 By CollisionWeek Editor

Inaugural event takes place during March 17-19 Northeast trade show. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) is inviting all collision repair professionals to showcase their skills at the inaugural Bodywork Bowl Collision Repair Skills Competition taking place on the trade show floor at the NORTHEAST 2023 Automotive Services Show. The association’s […]

Filed Under: News Tagged With: AASP/NJ, Bodywork Bowl Collision Repair Skills Competition, New Jersey, Northeast Trade Show

Uni-Select Inc. Reports 2022 Sales Up 7.4%

February 21, 2023 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) reported consolidated sales of $1,731.4 million in 2022, up $118.6 million or 7.4% compared to 2021. Sales increased by 11.7% excluding the impact of unfavorable fluctuation of the British pound and the Canadian dollar against the US dollar. The company reported organic growth of 10.7% with all three segments reporting positive organic […]

Filed Under: News Tagged With: Earnings, Uni-Select

CCC Reports Use of Advanced AI for Claims Processing Grew 60% in 2022

February 21, 2023 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today announced an update to its insurer AI adoption report, which for the third straight year shows significant growth in the adoption of AI in auto claims. The company reports the application of advanced computer vision AI for claims processing increased 60% year-over-year. The company also reports that more than […]

Filed Under: News Tagged With: Artificial Intelligence, CCC

CIECA Forms Electric Vehicle and Battery Committee

February 21, 2023 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced the formation of a new Standards Development Committee focused on Electric Vehicles (EVs) and electric batteries. The committee will be chaired by Frank Phillips, senior manager-Certified Collision North America for Rivian, Jake Rodenroth, North American Body Repair Program operations manager for Lucid Motors, and Ginny Whelan, senior […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association, Electric Vehicles

UK’s Ezi-Methods Reports 4 Million Downloads

February 21, 2023 By CollisionWeek Editor

Ezi-Methods has surpassed its 4 millionth repair method download, a milestone that firmly establishes the operation as one of the UK’s leading provider of vehicle repair methods. Indie Basi, Vehicle Damage Assessor at Warwickshire-based Wyndon Motor Accident Repair Centre, holds the auspicious title of downloading the four millionth repair method from Ezi-Methods’ vast library. Ben […]

Filed Under: News Tagged With: Ezi-Methods, OEM Repair Procedures, United Kingdom

Gas-Powered Cars Cheaper to Fuel than Electric in Late 2022

February 16, 2023 By CollisionWeek Editor

According to a report by the Anderson Economic Group, the drop in gas prices gave the cost advantage back to ICE-powered vehicles for the first time since the second quarter of 2021. The fourth quarter brought relief at the pump for drivers of traditional Internal Combustion Engine (ICE) vehicles as the cost to drive 100 […]

Filed Under: News Tagged With: Anderson Economic Group, Electric Vehicles

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