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PPG Reports Third Quarter Sales of Nearly $4.4 billion

October 21, 2021 By CollisionWeek Editor

PPG Performance Coatings Results

Organic sales growth led by higher selling prices of nearly 6%. PPG (NYSE:PPG) today reported financial results for the third quarter 2021. Net sales were $4.372 billion, up 19% from $3.685 billion in the third quarter last year. Net income was $344 million, down 22% from $442 million in the third quarter of 2020. The […]

Filed Under: News Tagged With: Earnings, PPG Industries

CSN Collision Centres Adds Repair Facility to Network in Kitchener, Ontario

October 21, 2021 By CollisionWeek Editor

CSN Shirley Drive

CSN Collision Centres announced that CSN Shirley Drive in Kitchener, Ontario, Canada is the latest collision repair facility to join its network. CSN Shirley Drive is owned by Tony Koebel, who doubles down on his dedication to the CSN business model as he is also the manager of CSN Koebel’s, owned by CSN Collision Centres […]

Filed Under: News Tagged With: Canada, CSN Collision Centres, Network Affiliations, Ontario

CCC Launches Recovery Assistant App with USAA

October 21, 2021 By CollisionWeek Editor

CCC Intelligent Solutions Inc. introduced Recovery Assistant, the first mobile experience for casualty claims resolution. Recovery Assistant creates a mobile channel to quickly and efficiently capture information to accelerate third-party claims resolution. USAA collaborated with CCC to bring this innovative capability to reality and further enable the insurer’s digital-first strategy. USAA is also the first […]

Filed Under: News Tagged With: Agreements Signed, CCC, USAA

Boyd Group Acquires Two Collision Repair Centers in Ohio

October 20, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of two collision repair centers in Medina and North Ridgeville, Ohio. The new Gerber Collision & Glass repair centers previously operated as South of the Square Collision Center, originating in Medina in 1999 and expanding to the North Ridgeville location in 2013. Medina is the county seat of […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Ohio

Consumer Sentiment Declines in Preliminary October Report

October 20, 2021 By CollisionWeek Editor

University of Michigan Consumer Sentiment Index October 2021 Preliminary Data

University of Michigan survey remains at lows recorded during last year’s government shutdowns. After returning a slight increase in September, consumer sentiment returned to its declining trend in preliminary October results. The survey’s chief economist is now raising concerns about what the declines hold for consumer spending next year. Consumer sentiment is viewed as a […]

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

Enlyte Publishes Inaugural Report Offering Trends and Predictions for P&C Insurance and Collision Repair Industries

October 20, 2021 By CollisionWeek Editor

Enlyte, the new parent brand unifying Mitchell, Genex and Coventry, released its inaugural report Enlytened, offering meaningful visibility into data-driven trends in the property and casualty (P&C) and collision repair markets. This first edition highlights trends and predictions for the continuing effects of COVID-19 on the collision and casualty markets due to regulations and shifts […]

Filed Under: News Tagged With: Enlyte, Mitchell International

ALLDATA Now Includes ADAS Quick Reference

October 20, 2021 By CollisionWeek Editor

ALLDATA’s latest update makes it easy for auto and collision repair facility operators to instantly access Advanced Driver Assistance Systems (ADAS) information, direct from the OEMs.  Now, clicking on ADAS Quick Reference takes users directly to vehicle-specific ADAS information in ALLDATA Repair or ALLDATA Collision, the industry’s leading repair information software products. The ADAS Quick […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Alldata

Fix Auto Sierra Vista Named March Taylor Award Winner by VeriFacts Automotive

October 20, 2021 By CollisionWeek Editor

VeriFacts Automotive, LLC announced that Fix Auto Sierra Vista, located in Sierra Vista, Ariz., and its store manager Richard O’Leary, are recipients of a March Taylor award for 2021, recognizing them as one of the top collision repair professionals in the country. O’Leary was honored with the March Taylor “Doing Things Right as a Shop […]

Filed Under: News Tagged With: Awards, Fix Auto USA, VeriFacts Automotive

Caliber Acquires 17 Collision Repair Centers from AutoNation     

October 19, 2021 By CollisionWeek Editor

Dealer group will continue to own and operate 55 collision repair centers following transaction. In a regulatory filing yesterday, AutoNation, Inc. announced that on October 12 it entered into a agreement with Caliber Holdings LLC to transfer ownership of up to 17 of its collision repair centers to Caliber. The company also entered into a […]

Filed Under: News Tagged With: Acquisitions, AutoNation, Caliber Collision Centers

Classic Collision Acquires Three Collision Repair Centers in Oregon and Washington

October 19, 2021 By CollisionWeek Editor

Classic Collision, LLC announced three new collision repair centers locations with the acquisition of McCollum Auto Body’s Eugene, Foster, and Vancouver locations in Oregon and Washington State. McCollum Auto Body has been the trusted choice in the Pacific Northwest for over 40 years. The McCollum brand was started in 1980 when the former owners’ father, […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Oregon, Washington State

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