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MACS Announces New Board Officers

February 8, 2021 By CollisionWeek Editor

The board of directors of the Mobile Air Climate Systems Association (MACS) met virtually Friday, February 5, and elected officers for the year. Andy Fiffick of Rad Air Complete Car Care, Cleveland, OH will serve as MACS chairman and CEO.  Steve Sunday of Sunair, Ft. Worth, TX will serve as vice chairman. Caroline Marks Acebedo […]

Filed Under: News Tagged With: Board of Directors, Mobile Air Climate Systems Association, People

Office Occupancy Rates on the Rise Nationally

February 5, 2021 By CollisionWeek Editor

Kastle Back to Work Barometer

Kastle Systems data shows more workers returning to their offices, but there is a long way to go to get back to pre-pandemic office occupancy levels. According to the Kastle Back to Work Barometer, more American businesses brought workers back to their office last week, but the keycard and app access data shows office occupancy […]

Filed Under: News Tagged With: Office Occupancy, Traffic Volume

Solera Holdings Reported Considering Going Public via SPAC

February 5, 2021 By CollisionWeek Editor

According to a report in Bloomberg, Solera Holdings is considering returning to the public markets via a merger with the special purpose acquisition company (SPAC) Apollo Strategic Growth Capital (APSG). SPACs are a type of blank check company created to pool funds in order to finance a merger acquisition. They have become popular as a […]

Filed Under: News Tagged With: Acquisitions, Apollo Strategic Growth Capital, Solera Holdings, Vista Equity Partners

Axalta Releases Preliminary Fourth Quarter 2020 Earnings Update

February 5, 2021 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) announced its preliminary results for the fourth quarter of 2020. Fourth quarter net sales of $1,074.5 million decreased 2.2% from $1,098.4 million in Q4 2019, and increased 4.6% sequentially from Q3 2020 with all end-markets showing improvement, given continued recovery from pandemic-related demand impacts. According to the company refinish demand […]

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

ASA Joins with Other Business Groups Opposing Legislation to Raise the Federal Minimum Wage to $15

February 5, 2021 By CollisionWeek Editor

The Automotive Service Association (ASA) signed onto a letter sent by the National Federation of Independent Businesses (NFIB) to the U.S. Congress opposing the Raise the Wage Act of 2021. This legislation, if passed, would raise the federal minimum wage to $15 per hour over the next five years. According to the Congressional Budget Office […]

Filed Under: News Tagged With: Automotive Service Association, legislation, Minimum Wage, National Federation of Independent Business

Fix Auto USA Celebrates 10th Anniversary Milestone of Franchise Collision Repair Network

February 5, 2021 By CollisionWeek Editor

Fix Auto USA 10th Anniversary logo

Fix Auto USA is celebrating the 10th anniversary of its collision repair franchise network. Fix Auto USA was founded by collision repair visionaries Erick and Shelly Bickett, who launched their franchise system in 2011, led by Paul Gange. Their goal was to create a national network of high-performing independent body shops and support it with […]

Filed Under: News Tagged With: Fix Auto USA

Mitchell International’s Bano Ramirez Passes Away

February 5, 2021 By CollisionWeek Editor

Bano Ramirez, a member of Mitchell International’s Solution Specialist team, passed away on January 25. Bano touched many lives in his over 40 years in the industry. Bano spent 12 years with Mitchell International and previously owned and operated Bob’s Body and Fender in Van Nuys where he was an active member of the community […]

Filed Under: News Tagged With: California Autobody Association, Mitchell International, Obituary, People

Insurance Will Face COVID-19 Side-Effects Even After Pandemic Ends

February 4, 2021 By CollisionWeek Editor

IRC Covid Research

Half of respondents indicate they will continue to work from home all or part of the time after the pandemic ends. A new study from the Insurance Research Council (IRC) finds that two-thirds of respondents worked from home at least part of the time during the COVID-19 pandemic. The survey, conducted in October, also reveals […]

Filed Under: News Tagged With: Coronavirus, Insurance Research Council, Traffic Volume

Solera Research Finds More Than Three-Quarters of Consumers Prefer AI-Automated Claim and Collision Repair Experience

February 4, 2021 By CollisionWeek Editor

Consumers also favor more digital channels to communicate with repair facilities. New research by Solera Holdings, Inc. found 76% of consumers trust automotive claims driven entirely by Artificial Intelligence (AI). A slightly higher percentage, at 78%, would favor a repair shop that provides more digital channels to communicate. The survey also identified barriers to AI […]

Filed Under: News Tagged With: Artificial Intelligence, Claims Technology, Solera Holdings

Axalta Introduces Cromax XP Solventborne Basecoat in North America

February 4, 2021 By CollisionWeek Editor

Axalta (NYSE: AXTA) announced the launch of Cromax XP, its latest solventborne basecoat for refinish customers in North America. This new technology delivers outstanding coverage, color match, and final appearance in a simple, easy-to-use system. Cromax XP solventborne basecoat now joins Cromax EZ waterborne basecoat to complete the range of products available in the Cromax […]

Filed Under: News Tagged With: Axalta Coating Systems

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