IAA, Inc. (NYSE: IAA) announced it has been awarded a patent by the U.S. Patent and Trademark Office for a “SYSTEM AND METHOD OF AUCTION MANAGEMENT.” The patent contains 20 claims that protect and recognize the innovations developed by IAA for the company’s AuctionNow platform, which allows online auction participants to monitor and bid in […]
CARSTAR Adds Four Collision Repair Centers to Network in Minnesota
CARSTAR announced the addition of four new collision repair centers to its network in the Minneapolis–Saint Paul market. Jason and Erika Zerwas, husband and wife ownership-duo, entered the collision repair business over 20 years ago and recently brought their businesses into the CARSTAR family. Now, the duo are the proud local owners and operators of […]
PPG Reports Third Quarter Refinish Coatings Sales Down 10% Due to Pandemic Impact on Driving
PPG (NYSE:PPG) reported third quarter 2020 net sales of about $3.7 billion, down approximately 4% versus the prior year. Selling prices increased by 1.3%. Sales volumes were down about 5% versus the prior year, which reflect ongoing negative economic impacts of the COVID-19 pandemic. Acquisition-related sales added less than 1% to sales growth, and the […]
CCC Introduces Two-Way, Real-Time Texting to Connect Insurers and Policyholders
CCC Information Services Inc. (CCC) announced the expansion of its digital customer experience offering to include two-way, real-time text capabilities. Available today, CCC Quick Chat provides dynamic two-way texting to make it easy for insurers to engage with policyholders throughout the customer journey – from policy to claims and across all lines of business. In […]
Registration Opens for 2020 MSO Symposium
Free virtual event takes place week of November 9. The Automotive Service Association (ASA) announced that registration is now open for its 9th MSO Symposium. ASA announced earlier this month that the 9th installment of the MSO Symposium would take place as a five-day virtual event the week of November 9th and that for the […]
Procolor Collision Adds Collision Repair Center to Network in Ontario
ProColor Collision Georgetown, a 9,000-square foot facility located in Georgetown, Ontario, Canada, has become the latest collision repair center to join the ProColor Collision network. Daryll O’Keefe, Regional Vice President for Fix Network Ontario, said that Georgetown is an important city for ProColor Collision’s nationwide expansion, pointing to the city’s growing population and an increasing regional demand for […]
IAA Relocates St. Louis East Branch to Larger Facility
IAA, Inc. (NYSE: IAA) announced the relocation and expansion of its St. Louis East branch to Caseyville, Illinois. This new location, approximately twelve miles from St. Louis, Mo., updates the branch facilities and supports IAA’s growth in this expanding market. The new site accommodates the increased capacity needs of the company’s customers. “IAA is pleased […]
U.S. Length of Rental Declines in Third Quarter
Latest data from Enterprise Rent-a-Car shows rental length has stabilized following disruptions by COVID-19 crisis earlier this year. As patterns of “new normal” emerge – from continued remote working to limited travel, business as usual and everything in between – Enterprise has continued to track results and patterns in the Length of Rental (LOR) for […]
State Farm Makes $100 Million Pledge to Close Racial Equity and Justice Gaps
To promote change State Farm is pledging $100 million over five years to support minority communities and issues of racial equity and justice. This is just one part of the insurer’s ongoing efforts to bring about change. “State Farm has a long history and commitment to social justice,” said Victor Terry, Chief Diversity Officer and […]
EU Passenger Car Registrations Up Over 3% in September Compared to Last Year
Even with increase, for the first nine months registrations are down nearly 30%. In another sign of an improving global automotive economy, in September the EU passenger car market registered the first increase of the year compared to 2019. Registrations grew by 3.1% last month to reach 933,987 new cars sold across the European Union. […]
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