New form allows eases documentation requirements for smallest businesses that received coronavirus support. The U.S. Small Business Administration, in consultation with the Treasury Department, on October 8 released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative […]
Certified Collision Group Adds 100th New Affiliate in 2020
The Certified Collision Group (CCG) it added its 100th new independent affiliate location for the year 2020 continuing its five-year run of consistent and exponential growth. In December, the network had over 400 locations. “This year has challenged all of us, yet we remain confident in our founding principles of leveling the playing field on […]
Assured Performance Partners with FCA on Alfa Romeo Certified Collision Repair Network
Assured Performance announced a partnership with FCA to enable collision repair providers to begin the process of becoming Alfa Romeo Certified. While this certification remains separate from that of FCA, it is made possible due to an exclusive strategic agreement for Assured Performance Network to manage the Alfa Romeo Certified Collision Repair Facility program. This […]
Ford Partners with Verisk to Offer Telematics Data to Insurers
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 […]
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