Driven Brands Holdings Inc. (NASDAQ: DRVN) today reported financial results for the fourth quarter and fiscal year ended December 26, 2020. For the fourth quarter, revenue was $288.5 million, an increase of 58% versus the prior year. Loss per share was $(0.06) for the fourth quarter, while adjusted earnings per share2 was $0.01. The revenue […]
Farmers Insurance Launches New CrashAssist Feature Within its Signal App
Farmers auto policyholders using the safe driving app will now have access to crash detection and support features including filing a claim. Farmers Insurance announced the launch of CrashAssist, a new feature included within the Signal app that helps connect drivers with emergency services in the event of an accident and offers help in reporting […]
IBIS Releases Virtual 2021 and In-Person 2022 Global Event Schedule
In 2020, face-to-face International Bodyshop Industry Symposium (IBIS) conferences made way for a new and exciting era of live broadcasts streamed direct to via its custom interactive event platform. Throughout the year, IBIS brought together the global collision industry safely, efficiently and innovatively through the power of connecting online. In 2021, IBIS plans to consolidate […]
AkzoNobel Opens New High-Tech Instructional Center
AkzoNobel announced the grand opening of its new national meeting and instructional center complete with ultra-high-tech audio-visual equipment to help those virtually attending meetings or training feel like they’re right in the room. The idea for this new, high-tech hybrid training center came from AkzoNobel’s Michael Kuntz, who is responsible for employee, distributor and end-user […]
BASF Partners with BMW for Private-Label Paint-Related Products Brand Fit4Paint in 18 Countries
Two-year agreement for paint-related products brand complements BASF’s exclusive paint supplier status for ColorSystem. BASF has become the exclusive global supplier to Fit4Paint, BMW’s private label paint-related products (PRP) offering. Fit4Paint is an optimized portfolio of protection, cleaning, sanding, masking, mixing & painting, and polishing accessories put together by paint experts that can easily meet […]
Classic Collision Acquires Multiple Collision Repair Shop Operator in California
Company now has 12 locations in the state, 65 in five states. Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, Ga., announced its third multi-shop acquisition in California with the acquisition of all three Signature Auto Collision locations in the San Bernardino market. Classic Collision now has 12 California locations and operates […]
Farmers Insurance Returns to Louisiana Auto Insurance Market
Louisiana Insurance Commissioner Jim Donelon has approved rate and form filings for Farmers Insurance (Farmers), the nation’s ninth largest property and casualty insurer, to return to the Louisiana market this month with auto, homeowners, condo and renters insurance. “The addition of a major national company to the roster of insurers offering property and automobile insurance […]
Crash Champions Selects Overall Parts Solutions as Preferred Collision Repair Parts Procurement Supplier
Crash Champions, LLC announced today that it has selected Overall Parts Solutions, Inc. (OPS) and OPS Technologies as its preferred parts procurement platform. Enterprise-wide implementation of the OPS Technology Suite will allow Crash Champions to leverage a standardized parts ordering solution to help accelerate the Company’s growth in sales. Crash Champions has worked with OPS […]
Mercedes-Benz AG Approves Axalta Refinish Brands in 8 Asia-Pacific Markets Until 2025
Mercedes-Benz AG has renewed its approval of Spies Hecker and Standox, two of the premium, global refinish brands of Axalta (NYSE: AXTA), global manufacturer of liquid and powder coatings. Effective April 1, 2021, Spies Hecker and Standox are once again approved for use across the Mercedes-Benz network in eight Asian-Pacific (APAC) markets, until March 31, […]
Nissan North America Launches Consumer Referral Campaign to Support Certified Collision Repair Centers
Assured Performance today announced Nissan North America’s new consumer campaign targeted 3.9 million Nissan customers and 500,000 INFINITI customers. Nissan’s consumer awareness campaign helps to further educate and refer their vehicle owners to their nearest Nissan Certified Repair Provider and provide them with important links and instructions. Assured Performance, who administers Nissan’s Certification program, reported […]
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