The annual selling rate down to its lowest point since August 2020. The chip shortage that has plagued global production for months is finally impacting sales in the US. According to LMC Automotive, the independent automotive global forecasting and market intelligence company, 1.3 million Light Vehicles were sold in June, up by 17% from last […]
Buckle Selects CCC to Digitize the Auto Claims Experience
CCC Intelligent Solutions Inc. and Buckle, an inclusive tech-enabled financial services company, announced Buckle has selected CCC to digitize auto claims for its community of rideshare and delivery drivers. Buckle, which provides auto insurance to gig economy drivers, will leverage CCC’s advanced AI and photo technology to deliver speed and transparency across key claims decisions, […]
IIHS Research Indicates Curves Problem for Driving Automation
Curves in the road are posing a challenge to advanced driver assistance features like adaptive cruise control (ACC) and more sophisticated partial automation systems, limiting their potential safety benefits, a new study from the Insurance Institute for Highway Safety found. ACC and more advanced partial automation that combines ACC with lane centering are often disabled […]
AW Repair Group Selects Thatcham Research’s escribe
In a reinvigorated relationship, AW Repair Group, one of the United Kingdom’s leading collision repair groups, has chosen Thatcham Research as its preferred supplier of choice for methods repair data and technical support. Following a short trial, AW has returned to the Thatcham Research ‘escribe’ platform, an online repair methods solution designed to help the […]
Service King Celebrates 45-Year Legacy
Marks anniversary with $45,000 donation to Collision Repair Education Foundation. In 1976, Eddie Lennox used a $10,000 loan granted to him by his neighbor, Charles Morgan, to open the very first Service King Collision in a three-bay tin building in Dallas. Now, after 45 years of being an impressive industry competitor and growing to 335 […]
Axalta Acquires U-POL
The UK-based refinish product manufacturer does business in over 100 countries and expects 2021 fiscal net sales of $145 million. Axalta Coating Systems (NYSE: AXTA) today announced that it will acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million ($590 million) subject to certain adjustments set forth in the […]
Progressive to Hire 6400 New Employees to Support Growth
Progressive Insurance intends to hire up to 6,400 new employees during the remainder of 2021 to support the national insurance organization’s growth. With 2020 total revenues topping $42 billion, the company continued to gain market share and increase its customer base and it will be adding more employees in claims, customer care, technology, analysis and […]
Aftermarket Groups Praise FTC Nixing the Fix Report
The Auto Care Association, along with six other aftermarket trade groups, sent a letter to the new chair of the Federal Trade Commission (FTC) on June 30 expressing appreciation to the FTC for findings and conclusions of the recently released report entitled “Nixing the Fix: An FTC Report to Congress on Repair Restrictions.” The report […]
Sean Carey to Examine Safe and Proper Repair Using AI in July 8 Guild 21 Webinar
Verifacts Automotive, LLC announced that its Guild 21 Webinar on July 8 at 2 p.m. (EDT) will feature Sean Carey, president of SCG Management Consultants. During the 90-minute presentation, A Safe & Proper Repair Using AI, Carey will talk about the role of artificial intelligence (AI) when it comes to a proper and safe repair […]
Axalta’s Tom McGarry to Retire July 16
Tom McGarry, North America Marketing and Strategy Manager for Axalta Coating Systems announced he will retire on July 16, after 34 years in the automotive paint industry and 15 years in the automotive mechanical industry. McGarry first joined Sherwin Williams in 1987 as a Branch Manager in Toledo, Ohio. He was promoted to Regional Jobber […]
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