Solera Holdings, Inc. today announced its next generation of Qapter, the company’s automotive claims workflow solution driven by artificial intelligence (AI) that provides a globally available end-to-end solution for full digitalization of the modern claims workflow. Solera has made strategic investment into core machine-learning capabilities that will radically transform the claims workflow process. The company’s […]
CCC Reports on Parts eCommerce and Marketing Adoption
CCC Information Services Inc. (CCC) reported today significant growth in the adoption of its parts eCommerce and marketing capabilities, signaling a shift in how collision parts are promoted and purchased within the industry. The volume of electronic parts orders through its system by collision repairers has grown nearly 20x over four years. The company also […]
Former LKQ CEO Rob Wagman Named Senior Advisor to Augment Stifel Investment Banking Team
Stifel Financial Corp. (NYSE:SF) announced the hiring of Rob Wagman, former President and CEO of LKQ Corp. (NYSE:LKQ), as a senior advisor. He will primarily work with Stifel’s growing investment banking team, which includes a diverse group of senior investment bankers covering all facets of the global automotive, mobility, capital goods, auto aftermarket, and auto […]
SCA Appraisal Launches Customized Client Care with New Division
To meet the evolving needs of its customers across a variety of industries, SCA Appraisal announced it has implemented a Customer Success division and has re-allocated and added resources to specifically support client across various markets. Monica Diaz has been appointed Senior Director of Customer Success and will be accountable for end-to-end delivery to clients […]
Vehicle Manufacturers Launch Non-Saleable Parts/Airbag Lookup Tool
Tool allows users to identify recalled and non-saleable airbags and airbag components. The Alliance for Automotive Innovation today announced support for a new automaker-driven tool enabling anyone who handles aftermarket parts, businesses, and associations to help identify recalled Takata airbags and work with dealers, and others, to identify and safely dispose of parts that cannot […]
California to Require Auto Insurers to Continue COVID-19 Premium Refunds
Consumer groups urge other states to take action. California Insurance Commissioner Ricardo Lara announced that the California Department of Insurance requires auto insurers to continue their COVID-19 related premium refunds to policyholders from April and May, previously directed by the Commissioner, through June and to continue providing relief for any period after June as conditions […]
AkzoNobel Details Supplier Innovation Collaborations
Five enterprising companies have embarked on a new innovation journey with AkzoNobel after their inventive ideas were selected as part of the company’s Paint the Future supplier collaboration program. Agreements are now in place with the five successful participants following the inaugural event held last November – which subsequently led to 115 compelling submissions. The […]
SEMA Show Organizers Actively Developing Health and Safety Guidelines
According to organizers, thousands of exhibitors and attendees are registered and planning to attend the 2020 SEMA Show, taking place Nov. 3-6, in Las Vegas, Nev. The news comes as Nevada is one of several states currently experiencing a growing coronavirus case count over the last few weeks, though death rates from the coronavirus have continued […]
New Vehicle Sales in June Projected to Remain Below 2019 Levels
The car shopping experts at Edmunds say that June will be another down month for auto sales as the industry continues to combat market challenges posed by the coronavirus (COVID-19) pandemic, forecasting that 1,080,656 new cars and trucks will be sold in the U.S. in June for an estimated seasonally adjusted annual rate (SAAR) of […]
Consumer Sentiment Up in June as Economy Reopens
Low interest rates and discounts on household durables and vehicles attracting increased spending. Consumer confidence rose moderately in June along with the reopening of the economy in several parts of the country, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index was 78.1 in the June 2020 survey, up from 72.3 […]
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