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AkzoNobel Reports Sales Down Just 5% in Third Quarter Compared to 2019 and Up 1% on Constant Currency Basis

October 21, 2020 By CollisionWeek Editor

AkzoNobel Performance Coatings Q3 2020 Results

CEO says refinish outperforming market. Akzo Nobel N.V. (AKZA; AKZOY) announced that revenue for the third quarter 2020 were €2,398 million ($2,847.4 million), down 5% from the third quarter of 2019, but up 1% on a constant currency basis. Volumes were up 3%, showing strong demand for Decorative Paints, partly offset by lower volumes of […]

Filed Under: News Tagged With: AkzoNobel, Earnings

CIECA Debuts Calibration Standards and Enhanced Scanning Standards for Collision Repair Industry

October 21, 2020 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced today that the organization completed the 2020R2 Release of the CIECA Standards for the collision repair industry. The release includes new Calibration Standards developed by CIECA’s Calibration Committee and an enhancement to CIECA’s Scanning Standards.  “With the rise of ADAS technologies in vehicles today, it is necessary […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association, Diagnostics, Recalibration

Clearcover Launches Digital Auto Insurance Claims Process Developed with Snapsheet

October 21, 2020 By CollisionWeek Editor

Clearcover logo

Clearcover, announced Clear Claims, which advances the company’s digital claims process by offering drivers instant auto insurance claims processing and payment issuance for eligible claims faster than any other carrier. With the Clearcover app, once a claim is submitted, Clearcover automates coverage validation and determines eligibility instantly using a new machine learning model. Partnering with […]

Filed Under: News Tagged With: Agreements Signed, Claims Technology, Clearcover, Snapsheet

IAA Awarded Patent for System and Method of Auction Management

October 21, 2020 By CollisionWeek Editor

U.S. Patent Number 10,810,659

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 […]

Filed Under: News Tagged With: Insurance Auto Auctions, Patents

CARSTAR Adds Four Collision Repair Centers to Network in Minnesota

October 20, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CARSTAR, Minnesota, Network Affiliations

PPG Reports Third Quarter Refinish Coatings Sales Down 10% Due to Pandemic Impact on Driving

October 20, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Earnings, PPG Industries

CCC Introduces Two-Way, Real-Time Texting to Connect Insurers and Policyholders

October 20, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: CCC Information Services, FNOL, Texting

Registration Opens for 2020 MSO Symposium

October 19, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: MSO Symposium, Webinars

Procolor Collision Adds Collision Repair Center to Network in Ontario

October 19, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Canada, Network Affiliations, Ontario, ProColor Collision

IAA Relocates St. Louis East Branch to Larger Facility

October 19, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Illinois, Insurance Auto Auctions, Openings

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