Root Insurance, the car insurance company that incorporates individual driving behavior in every quote, announced yesterday $100 million in Series D funding. This latest round, led by Tiger Global Management, raises Root’s valuation to $1 billion and provides additional capital to deepen penetration in existing markets, expand into new states, and fuel hiring plans, with […]
Copart Opens of New Location in Spartanburg, South Carolina
Copart, Inc. (NASDAQ:CPRT) announced the opening of its newest South Carolina location at 1921 Nazareth Church Road in Spartanburg. “We’re ready to expand our footprint in the Upstate region of South Carolina,” said Jay Adair, CEO of Copart. “The new Spartanburg location adds 96 acres of land to provide service to auto buyers and sellers. […]
National Auto Body Council Announces Growth in New Industry Partner Memberships
The National Auto Body Council (NABC) announced a growing roster of new and current members who have stepped up to the organization’s newly established Level 1 and 2 Industry Partner membership levels. To date, 33 companies have joined or renewed their membership at the top tier Industry Partner levels to support NABC’s community service initiatives […]
Caliber Collision Virginia Location Marks MSO’s 600th Collision Repair Center in U.S.
Newest center located in Virginia Beach. Caliber Collision, the largest collision repair company in the U.S., celebrated a major milestone in the company’s history with the opening of its 600th location in Virginia Beach, Va. today. Caliber’s 600 centers are located across 19 states and the District of Columbia. “The continued growth of our company […]
Auto Care Association Announces Internship Grant Recipients
The Auto Care Association has selected the 2018 recipients of the Auto Care Internship Grant. Thirteen students received scholarships of $2,500 to contribute to the costs of round-trip travel from their permanent address to the internship location, lodging, utilities and food. The 2018 Internship Grant recipients are: Brock Marazita from Niles, Mich. attending Northwood University […]
Axalta Hosts Fifth Annual Latin America Distributors Convention
Axalta Coating Systems (NYSE:AXTA) held its fifth Annual Latin America Distributors Convention in Cancun, Quintana Roo, Mexico from August 1-5 which was attended by more than 400 distributors and business partners from Mexico, Brazil, and Central America. Axalta’s global and regional leaders spoke about the Company’s new projects, programs, and innovation that are supporting customers […]
Collision Reporting Center to Open in Grande Prairie, Alberta
Accident Support Services International Ltd. (ASSI) announced it has partnered with the Grande Prairie RCMP Detachment and the City of Grande Prairie on the implementation of the Collision Reporting Center (CRC) in Grande Prairie, Alberta, Canada. The new CRC will open August 27 at 10 a.m. Earlier this month, ASSI announced the September opening of […]
Classic Collision Opens 21st and 22nd Collision Repair Centers
Plans first expansion outside Georgia with new location in Birmingham, Alabama. Atlanta-area based Classic Collision Inc. has now become the 10th largest independent MSO in the country after opening locations 21 and 22. Classic Collision’s owner, Manfred Kammerer announced new locations in Augusta, Ga., a 70,000 sq. ft. former Toyota dealership, and a 10,000 sq. […]
Property Damage Appraisers Offers Guaranteed Same-Day Estimates
Property Damage Appraisers (PDA) announced it will begin offering guaranteed same-day and next-day damage estimates for standard auto claims. PDA developed the new expedited service levels to help its clients deliver outstanding service to their customers by processing claims faster. Clients can choose Same-Day or Next-Day Service when assigning a claim with the company and […]
Nashville Veteran Receives NABC Recycled Rides Gift
Nearly 300 collision repair shop owners and managers attending the Collision Advice Legacy Group’s Business Council Symposium, sponsored by Axalta Coating Systems, cheered and celebrated with a local Nashville veteran who received a newly restored vehicle from the National Auto Body Council’s Recycled Rides program. The gifting was a much-needed lift for U.S. Army Veteran […]
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