PPG (NYSE:PPG) today reported second quarter 2021 net sales of approximately $4.4 billion, approximately 45% higher than the prior year. Selling prices increased by 3.5% and sales volumes were higher by approximately 24% in comparison to the previous year. Favorable foreign currency translation impacted net sales by about 6%, or about $185 million, and acquisition-related […]
Fix Auto UK Adds Collision Repair Center to Network in London Market
Fix Auto UK’s position within London has been further strengthened with the appointment of its 12th collision repair center that will serve motorists inside the M25. Formerly known as MTS Vehicle Services, the repairer will now operate as Fix Auto Croxley Green and joins the network following a fast-tracked program of development over the last […]
Solera Acquires Australia-Based ENData
Solera Holdings, Inc. announced that it has entered an agreement to acquire ENData Pty Ltd, a Brisbane, Australia-based insurance technology provider. ENData’s data-driven property repairs and contents replacement solutions simplify and automate the fulfillment of insurance claims. This acquisition will further solidify Solera’s position as the leading provider of data and technology-enabled solutions that power […]
NABC and Women’s Industry Network Host Webinar July 22 to Showcase Benefits of Education Programs for First Responders
Together with the Women’s Industry Network (WIN), the National Auto Body Council (NABC) will host a webinar on Thursday July 22 at 1 p.m. (EDT) to educate collision repair professionals about the benefits of hosting a NABC First Responder Emergency Education (F.R.E.E.) program and step-by-step guidance on how to implement it. As collision repair shops […]
Classic Collision Acquires Seven Collision Repair Centers in South Carolina
Classic Collision, LLC announced the acquisition of seven Fender Mender Collision Specialists repair centers in South Carolina. Classic Collision now operates a total of 86 collision repair centers in Georgia, Florida, Alabama, South Carolina, California, and Alaska. Fender Mender Collision Specialists is a locally owned and operated auto repair business offering full-service repairs throughout South […]
Crash Champions Acquires Collision Repair Center in Colorado
Crash Champions, LLC announced the acquisition of Bear Creek Auto Body located at 9894 W Girton Drive in Lakewood, Colo. This transaction marks Crash Champions’ entry into Lakewood, the fifth-most populous city in Colorado, and strategically supplements the Company’s earlier acquisitions of Auto Collision Experts, with four locations in the Fort Collins market, and Karas […]
Liberty Mutual Insurance Seeks to Acquire Malaysian Insurer AmGeneral
Planned acquisition expected to make Liberty Mutual the largest auto insurer in Malaysia. Liberty Mutual Insurance will be applying for regulatory approval to acquire Malaysian insurer AmGeneral Insurance Berhad. AmGeneral is currently 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group (IAG). The acquisition is Liberty’s second this month in the auto insurance space. On […]
NHTSA and GM Warn on Continued Fire Risk with Chevrolet Bolt
Vehicles should be parked outside after charging even if November recall repairs have been performed. The National Highway Traffic Safety Administration on Wednesday issued an alert urging owners of select Model Year 2017-2019 Chevrolet Bolt vehicles to park their cars outside and away from homes due to the risk of fire, even if the vehicles […]
ASA Reports OSHA Secretary Advocates for More Inspectors
The Automotive Service Association (ASA) reported that Marty Walsh, the Secretary of the Occupational Safety and Health Administration (OSHA) spoke in front of the U.S. Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and related agencies regarding the FY 2022 budget for the U.S. Department of Labor. In his submitted statement, the secretary […]
J.D. Power Reports Pandemic Lockdown Kept Vehicle Owners Locked in on Their Current Brand
Vehicle owners remain vastly loyal to their specific brands, in part due to the effects of pandemic lockdowns, according to the J.D. Power 2021 U.S. Automotive Brand Loyalty Study. With many vehicle shoppers hesitant to venture out to showrooms, they often relied on their relationship with their current dealer. “The time period for this study […]
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