Concerns arise that inflation is impacting living standards. Consumer sentiment fell in early November to its lowest level in a decade due to an escalating inflation rate and the growing belief among consumers that no effective policies have yet been developed to reduce the damage from surging inflation. As CollisionWeek reported November 12, the consumer […]
Crash Champions Acquires 30,000 Square Foot Collision Repair Center in Baltimore Market
Crash Champions, LLC announced it has acquired Maryland-based 24/7 Collision Care, a 30,800 square foot facility serving the Baltimore metro area and located at 85 Dover Road NE in Glen Burnie. With the addition of 24/7 Collision, Crash now has nine locations across the state of Maryland. “24/7 Collision has established itself as a leading […]
PPG Launches Online Training for Commercial Vehicle Paint Technicians
PPG (NYSE:PPG) today announced that the recently launched PPG Knowledge College learning management system now provides technicians with online instruction on proper application procedures for PPG commercial vehicle paint systems. Offering both free and fee-based content, PPG Knowledge College’s commercial training catalog offers a wide array of on-demand training videos covering PPG Delfleet Essential, PPG […]
Nominations Open for 2022 Most Influential Women Awards
The Women’s Industry Network (WIN) has opened nominations for the prestigious 2022 Most Influential Women (MIW) awards. Nominations will be accepted through Friday, Jan. 14, 2022. The recipients will be recognized at the WIN Celebration during the 2022 WIN Educational Conference, set for spring 2022. Nominations of women working in any segment of the collision […]
Podium Raises $201M in Series D Funding
Podium it has raised $201 million in Series D funding, led by YC Continuity with participation from Durable Capital Partners, Arpex Capital, Accel, Album VC, IVP, Sapphire Ventures, Summit Partners, and Sorenson Capital. This latest round brings the company’s valuation to over $3 billion. “We see this as a watershed moment for local businesses all […]
U.S. Property and Casualty Insurers Report Net Income Rose to $37.5 Billion
Insurers report improved income as resumption in economic activity drives growth in premiums and losses, according to Verisk and APCIA. Private property/casualty insurers in the United States posted strong net income growth in the first half of 2021 as the country continued to recover from the economic disruption caused by the COVID-19 pandemic, according to […]
Classic Collision Acquires 8 Collision Repair Centers in Southern California
Classic Collision, LLC announced the acquisition of Platinum Collision Centers in southern California. The acquisition will make Classic one of the largest collision providers in the region with a footprint of 24 centers throughout Southern California. The firm has 163 locations in 11 states. “This company delivers the very best to customers. This move to […]
CCC Reports $176.6 Million in Revenue During Third Quarter
CCC Intelligent Solutions Holdings Inc. (CCC) (NYSE: CCCS) announced total revenue was $176.6 million for the third quarter of 2021 ended September 30, compared to $157.8 million for the third quarter of 2020. Adjusted for the impact of the divestiture of a portion of its professional services casualty solution in December 2020, total revenue grew […]
National Average Gas Price Dips Slightly
According to AAA, consumers caught a little break as the national average price for a gallon of gas leveled off at $3.41, down a penny since last week. Since October 30, the national average has fallen on nine different days, after having risen steadily each of the previous 31 days. “A slight dip in gas […]
Podium Added as Partner to FordDirect Social Media & Reputation Management Product
FordDirect, a joint venture between Ford Motor Company and its franchised Dealers, has added Podium, to its Social Media & Reputation Management product. Now, Ford and Lincoln Dealers have the additional option to access Podium’s tools from the Social Media & Reputation Management platform to strengthen the most vital aspects of their online presence and […]
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