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Crash Champions Acquires Collision Repair Center in Santa Clara, California

July 28, 2021 By CollisionWeek Editor

Crash Champions, LLC announced today the acquisition of Anderson-Behel Body Shop, a single shop located at 750 Aldo Ave, Santa Clara, Calif. This is the company’s first expansion in the San Francisco Bay Area after initially entering the Northern California market last month with the acquisitions of American Autobody Specialist and Diablo Auto Body. The […]

Filed Under: News Tagged With: Acquisitions, California, Crash Champions

Consumer Organizations Call on Federal Insurance Office to Update Auto Insurance Affordability Study

July 28, 2021 By CollisionWeek Editor

In a comment letter sent to the agency on Monday, July 26, Consumer organizations urged the Department of Treasury’s Federal Insurance Office (FIO) to update a 2017 study on the affordability of auto insurance in historically underserved communities and to conduct a deep and thorough investigation of unfair discrimination in auto insurance markets. While state […]

Filed Under: News Tagged With: Auto Insurance Affordability, Federal Insurance Office

U.S. Senators Introduce Road to Zero Resolution Calling for an End to Traffic Deaths

July 28, 2021 By CollisionWeek Editor

With traffic deaths on the rise, U.S. Senator Richard Blumenthal (D-CT) and U.S. Representative Jan Schakowsky (D-IL) led their Congressional colleagues in introducing the Road to Zero resolution today in support of progress to eliminate traffic deaths. The resolution expresses a commitment to advancing policies to end roadway fatalities by 2050 and supports efforts to […]

Filed Under: News Tagged With: legislation, Road to Zero Coalition, Traffic Fatalities, U.S. Senate

Crash Champions Adds Four Collision Repair Centers in Ohio

July 27, 2021 By CollisionWeek Editor

Continues growth in Cleveland market with two separate acquisitions. Crash Champions, LLC announced the acquisition of four collision repair centers in two separate transactions. Crash Champions acquired the Ohio Collision Group (OCG), with three locations in the Cleveland metro area, and Car-Tech Collision of Akron, a single shop located at 727 E. Turkeyfoot Lake Road, […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Ohio

Axalta Reports Reports Sales Up 72.6% in Second Quarter over Pandemic Impacted 2020

July 27, 2021 By CollisionWeek Editor

Axalta Q2 2021 Performance Coatings Results

Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,126.8 million for its second quarter ended June 30, an increase of 72.6% year-over-year, including a 5.3% foreign currency benefit, driven by 56.4% higher volumes and 9.3% higher average price and product mix. The company reported that volume growth across all end-markets was driven by ongoing […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

CIECA August 19 Webinar Features CCC on AI and Network Connections Redefining Claims and Repair Experience

July 27, 2021 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced that its next CIECAST webinar is scheduled for Thursday, August 19 at 2 p.m. (EDT). The webinar, How Activating AI and Network Connections is Redefining the Claims and Repair Experiences, will feature Marc Fredman, chief strategy officer, and Shivani Govil, chief product officer, from CCC Intelligent Solutions […]

Filed Under: News Tagged With: Artificial Intelligence, CCC, Collision Industry Electronic Commerce Association, Webinars

AkzoNobel and Sikkens Extend Partnership with Mercedes-Benz in China and Indonesia

July 27, 2021 By CollisionWeek Editor

Mercedes-Benz and AkzoNobel have agreed to extend their partnership agreement for another four years. It means the company will continue to be a recommended supplier of vehicle refinish products and services in China and a preferred partner in Indonesia. The deal was confirmed after extensive testing and analysis of the product assortments and services provided […]

Filed Under: News Tagged With: Agreements Signed, AkzoNobel, Asia, China, Indonesia, Mercedes-Benz

Fix Network Expands in Spain with Launch of Six Fix Auto-NOVUS Glass Locations

July 27, 2021 By CollisionWeek Editor

Fix Network World announced the launch of the first six Fix Auto-NOVUS Glass locations across Spain. The new locations, Barcelona North, Arganda del Rey, Leganes, Madrid Este, Coslada and Guadalajara, are the first of many locations that Fix Network World has planned to support Spain’s aftermarket industry. The Spanish operations for Fix Auto and NOVUS […]

Filed Under: News Tagged With: Fix Network World, Network Affiliations, Novus Glass, Spain

Property & Casualty Insurers’ Q1 Net Income Grows as Profitability Ratios Worsen

July 26, 2021 By CollisionWeek Editor

Q1 2021 P/C Profitability

U.S. industry notches strong first quarter, but catastrophes hamper underwriting performance, according to Verisk and APCIA Private property/casualty insurers in the United States saw their net income after taxes increase in the first quarter of 2021 from a year earlier, while their combined ratio – a key measure of underwriting profitability – worsened, according to […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Profitability, Property Casualty Insurance, Verisk

GM Issues New Recall and Safety Instructions for 2017-19 Chevrolet Bolt

July 26, 2021 By CollisionWeek Editor

Owners urged to limit charging capacity, park away from structures, charge after every use. GM has issued a new recall affecting the 50,932 Model Year 2017-2019 Chevrolet Bolt vehicles, , even if the owner has had the previous recall repairs completed covered under the original recall announced in November 2020 and revised in May 2021. […]

Filed Under: News Tagged With: Electric Vehicles, General Motors, National Highway Traffic Safety Administration, Recalls

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