Vehicle manufacturer joins the Verisk Data Exchange to enable insurers to deliver usage-based insurance benefits. Verisk (NASDAQ:VRSK), a leading data analytics provider, today announced that Ford Motor Company (NYSE:F) has joined the Verisk Data Exchange. Owners of eligible Ford and Lincoln vehicles will soon have easy access to usage-based insurance programs from the many U.S. […]
AkzoNobel Introduces Connect API to Share Collision Repair Shop Data with Third Party Software
AkzoNobel announced Connect, its latest digital innovation to enhance efficiency in collision repair shops in North America. The application programming interface (API) facilitates the exchange of data between AkzoNobel’s digital applications such as Carbeat and MIXIT and third-party software applications used by collision repair customers. Connect delivers several advantages for collision repair customers: It drives […]
PPG Projects Strong Third Quarter Financial Results
PPG (NYSE:PPG) announced that its third quarter 2020 adjusted earnings per diluted share is expected to be between $1.90 and $1.94. This compares to adjusted earnings per diluted share of $1.67 in the third quarter of 2019. In addition, the company now anticipates that sales volumes versus the third quarter 2019 will be down about […]
Fix Auto UK Announces Partnership with Sherwin-Williams
Fix Auto UK announced a new partnership with Sherwin-Williams’ Automotive Finishes division. This further supports the network by offering access to the latest products, technology, color tools, and world-class service that Sherwin-Williams provides. This partnership will provide Fix Auto UK with its first direct supply agreement with a paint and coatings provider. Commenting on the […]
Waymo Opens Full Driverless Taxi Service to Public in Phoenix
In a blog post, Waymo announced yesterday that it was opening its fully driverless taxi service to the general public in Phoenix, Ariz. Waymo had announced in 2017 its vehicles had started operating on public roads in the Phoenix, Ariz. market without drivers as part of an early rider program. “Beginning today, October 8, we’re […]
Registration Opens for Virtual Global Automotive Recycling Convention
The Automotive Recyclers Association (ARA) announced that attendee and exhibitor registration for the 77th Annual ARA Convention & Exposition, the industry’s only live training and trade show experience this year, is available on the ARA website. Originally scheduled to take place at the Peppermill Resort & Cason in Reno, Nevada, the event has transitioned into […]
U.S. Light Vehicle Sales Up 4% Year-on-Year in September
LMC Automotive sees unexpected strength in new vehicle market, raises annual sales forecast. U.S. September light vehicle sales grew by 4% on a Year-over-Year (YoY) basis, to 1.34 million units, pushing the selling rate to 16.3 mn units and marking the first month above the 16 million threshold since the start of the pandemic, according […]
Crash Champions Acquires Two Collision Repair Centers in Southern California
Crash Champions, LLC announced the acquisition of Fountain Valley Bodyworks, Inc., the largest family owned MSO with two locations in Orange County, Calif. With the addition of Fountain Valley Bodyworks, Crash Champions now has 25 shops in Southern California. Crash Champions has 47 total locations across Illinois, Ohio, Wisconsin, Missouri, and California. Founded in 1974 […]
Susquehanna Private Capital Acquires Four Collision Repair Centers in Pennsylvania, Forms Quality Collision Group
Susquehanna Private Capital, LLC (SPC) announced the acquisition of Brandywine Coach Works a multiple collision repair shop facility operator with four centers that is headquartered in Chadds Ford, Pa. In conjunction with the announcement, SPC announced the formation of Quality Collision Group (QCG), a holding company that will pursue strategic acquisitions of auto repair facilities […]
Patrick Brown Named President and CEO of OEConnection
OEConnection LLC (OEC), the leading technology provider to automotive original equipment manufacturers, has announced the appointment of Patrick C. Brown as its new President and CEO. Patrick succeeds Chuck Rotuno who was named Executive Chairman. These changes are effective immediately. Brown brings extensive experience running high-growth companies in the FinTech, InsurTech and automotive industries. Most […]
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