AI Solutions Reach 11% of Sales CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported second quarter revenue of $285.9 million, an increase of 9.8% from $260.5 million a year earlier, as insurers and large collision repair operators moved artificial intelligence tools out of pilot programs and into production use. The Chicago-based software provider posted adjusted […]
North Carolina Charges Towing Company Manager in $4,250 Fraudulent Invoice Case
North Carolina Insurance Commissioner Mike Causey announced the arrest of Antonio Lorenzo Covington, 32, of 114 Woodman Ave., Charlotte, on felony charges of insurance fraud and obtaining property by false pretense. Special agents with the state Department of Insurance’s Criminal Investigations Division accuse Covington, general manager of Tow Godz LLC, of submitting a $4,250 fraudulent […]
Gas Prices Hold Near $4.10 as Elevated Crude Clouds Seasonal Relief
The national average price for a gallon of regular gasoline was essentially unchanged over the past week at $4.098, AAA reported July 30. Crude oil prices remain in the $80-a-barrel range as instability lingers along the Strait of Hormuz, AAA said, and could prevent the seasonal decline that typically arrives in August as road trips […]
PPG Reports Second Quarter Sales of $4.5 Billion
Automotive refinish coatings declined on strong prior year comparison but the company said U.S. distributor destocking is finished and refinish volumes projected to return to growth in the third quarter. PPG (NYSE: PPG) reported second quarter 2026 net sales of $4.5 billion, up 7% year over year, and said automotive refinish coatings organic sales fell […]
LKQ North America Returns to Growth as Alternative Parts Utilization Tops 40%
Alternative parts utilization set a second consecutive record — though a ERP system conversion in Germany drove a cut to full-year guidance. LKQ Corporation’s (NASDAQ: LKQ) North America segment returned to organic revenue growth in the second quarter for the first time since 2023, as alternative parts utilization exceeded 40% and the decline in repairable […]
GM Rewrites ADAS Position Statement to Prohibit Salvaged and Aftermarket Sensors
Vehicle manufacturer adds “strictly prohibits” language to three collision position statements and publishes a new statement barring trailer hitch repair and non-GM hitches. General Motors has rewritten its Advanced Driver Assistance Systems collision position statement to prohibit the use of salvaged, recycled, reconditioned, remanufactured and aftermarket ADAS sensors and related components, replacing advisory language that […]
UVeye Enters Canadian Market With Automated Vehicle Inspection Systems
UVeye has expanded into Canada, with its computer vision inspection systems now operating at dealerships in British Columbia and Ontario and additional installations planned across the country through the rest of 2026. The expansion pushes automated damage documentation into a market where harsh road conditions and severe weather produce the internal and external damage that […]
Bosch Adds Mercedes-Benz Secure Access, 2026 Coverage in ADS X Software Updates
Bosch Diagnostics released software updates 7.3 and 7.4 for its ADS X series scan tools, adding support for 2026 model year vehicles, additional ADAS calibrations and a secure-access method for Mercedes-Benz vehicles that no longer requires an AutoAuth subscription. Technicians scanning late-model Mercedes-Benz vehicles can now reach control modules protected by Certificate Based Automotive Security, […]
Axalta Reports Second Quarter Sales of $1.35 Billion as Refinish Grows 6%
Axalta Coating Systems Ltd. (NYSE: AXTA) reported second quarter net sales of $1.35 billion, up 3% year over year, and record adjusted earnings, as refinish net sales rose 6% and the coatings supplier secured more than 1,900 net new collision repair facilities in the first half of 2026. Adjusted earnings before interest, taxes, depreciation and […]
Caliber Technician Apprentice Program Reaches 3,000th Graduate
Caliber said July 28 that its Technician Apprentice Program has produced its 3,000th graduate, a Navy veteran who completed the paid apprenticeship earlier this year. The milestone represents an increase of roughly 700 graduates since October, when Caliber reported approximately 2,300 program completions. The company now operates more than 1,850 centers in 42 states. “Reaching […]
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