Repairify, Inc., a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced it has hired automotive training and development veteran Chris Chesney as its new Vice President of Training & Organizational Development to establish a comprehensive training initiative for customers, industry partners, employees and the network of technicians throughout the global Repairify ecosystem. “Chris Chesney is […]
LKQ Corporation Reports Third Quarter Revenue Up 8.2% to $3.3 Billion
Sales were up compared to 2020 pandemic impact, but key measures that influence its business such as repairable claims remain below 2019 levels. Supply chain crisis creating acquisition opportunities. LKQ Corporation (NASDAQ:LKQ) reported Revenue for the third quarter of 2021 was $3.3 billion, an increase of 8.2% as compared to $3.0 billion in the third […]
Hertz Global Holdings Reports Revenues of $2.2 billion
Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) announced for the third quarter 2021, the Company generated total revenues of $2.2 billion, reflecting the continued rebound in leisure travel and tight fleet inventory as Hertz executes against its strategic roadmap. While volume continued to be lower compared to 2019 levels, these headwinds were partially mitigated […]
Headlights Depot Opens Denver Warehouse
Headlights Depot announced the opening of a warehouse and distribution center in Denver, Colo. The warehouse will be specialized towards servicing body shops, storing a wide selection of CAPA-certified lighting parts and furthering the vision of providing body shops with the “Amazon-Style” service. Just the first of several planned new openings, this warehouse expands Headlights […]
Maaco Joins Defense Department Military Spouse Employment Partnership
On October 26, Maaco joined the Department of Defense Military Spouse Employment Partnership in a virtual ceremony. Maaco joins 45 new partners to MSEP – bringing the number of employers to 544. MSEP connects military spouses with hundreds of partner employers who commit to recruit, hire, promote and retain military spouses. Since its inception in […]
ASE Education Foundation Launches New Adopt-A-School Program
The ASE Education Foundation has introduced a new Adopt-A-School program that enables businesses to provide support to local schools while simultaneously providing those businesses with access to up-and-coming service professionals entering the work force. “Our Adopt-A-School program is a new avenue to help increase the number of service professionals entering the industry while at the […]
J.D. Power Reports Auto Insurance Claim Satisfaction Rises
Increased vehicle complexity introduces new challenges as claims for vehicles with Advanced Driver-Assistance Systems (ADAS) are 13.5% higher on average. The nationwide surge in used vehicle prices has given an unexpected boost to auto insurance customers who experience a total loss—their vehicles might be worth more than they thought. This phenomenon of higher replacement values, […]
CCC Launches Touchless Auto Estimates with Line Level Detail to Enable Straight-Through Processing
CCC Intelligent Solutions Inc. announced a straight-through claims processing (STP) solution powered by artificial intelligence (AI), CCC Estimate-STP. The system uses advanced AI and insurer-driven rules to automatically initiate and populate detailed and actionable estimates in seconds, making touchless estimates a reality. In market with four national insurers, including USAA, CCC Estimate – STP offers […]
National Auto Body Council First Responder Emergency Extrication Program Salutes First Responders on National First Responder Day
The National Auto Body Council First Responder Emergency Education (F.R.E.E.) program helps prepare local first responder teams to rescue accident victims from these late-model vehicles. Since the program was founded, it has provided hands-on education to nearly 5,000 first responders, thanks to the support of its vehicle donors and tool partners Hurst Jaws of Life […]
PPG Introduces Wheel Refurbishing Solution for Commercial Vehicles
PPG (NYSE:PPG) today announced the launch of the PPG Wheel Refurbishing Program featuring the PPG ENVIROCRON family of powder coatings. Specifically created to address the needs of commercial tire retread centers, the new program efficiently transforms rusty, corroded wheels to near-original equipment quality. “Our customers asked for more than just a powder coating,” said Jamie […]
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