Axalta Coating Systems Ltd. (NYSE:AXTA) announced third quarter 2024 net sales increased 0.8% year over year to a third quarter company record of $1.32 billion as contribution from the CoverFlexx acquisition announced earlier this year and volume growth were partially offset by contractual raw material index impacts and mix headwinds. Net income in the quarter […]
CCC Receives 2024 Insurance Luminaries Recognition
CCC Intelligent Solutions Inc. (CCC) has been named to PropertyCasualty360’s Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring […]
November 21 CIECA Webinar Examines Vehicle Data and Privacy
The Collision Industry Electronic Commerce Association (CIECA) announced that the next CIECA Webinar Vehicle Data and Privacy: A Balancing Act will be held on Thursday, November 21 at 2 p.m. (EST). The one-hour live broadcast will feature Adonne Washington, mobility, location & data policy counsel at the Future of Privacy Forum (FPF). Registration for the […]
J.D. Power Ranks NJM Insurance Highest in Auto Insurance Claims Satisfaction
While repair cycle times improve, rising costs take a toll on customer satisfaction. According to the J.D. Power 2024 U.S. Auto Claims Satisfaction Study released today while auto insurers have been fighting two major headwinds ever since the pandemic, rising costs and longer repair cycle times, relief is in sight for one of those trends. […]
AkzoNobel Launches New Automotive Training Centre in Belgium
First to harness hydrogen power spray booth. AkzoNobel’s Vehicle Refinishes business has invested in a new Automotive Training Centre (ATC) in Belgium to further upskill existing painters, body shop managers and OEM engineers on a new generation of coatings and technologies to support the industry in delivering a more sustainable future. The ATC in Belgium […]
CCC Reports Revenue of Over $238 Million in Third Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), total revenue was $238.5 million for the third quarter of 2024 ended September 30, an increase of 8% from $221.1 million for the third quarter of 2023. GAAP gross profit was $183.4 million, representing a gross margin of 77%, for the third quarter of 2024, compared with $163.1 […]
Michigan State Senate Passes Bill Regulating Auxiliary Repair Shop Facilities
The Automotive Service Association reports that the Michigan State Senate passed Senate Bill (SB) 867 on a 38-0 vote last week. It now awaits consideration in the State House. State Senator John Cherry (D) originally introduced SB 867 earlier this year for the primary purpose of making it easier for auto repairers to operate auxiliary […]
Collision Industry Foundation Cocktails for a Cause Charity Event January 21
The Collision Industry Foundation (CIF) announced its 14th Annual Charity Event, Cocktails for a Cause will take place at 6 p.m. (PST) Tuesday, January 21, 2025 at the Agua Caliente Casino, CASCADE Lounge in in Palm Springs, Calif. in conjunction with other collision repair industry meetings taking place that week. Registration for the event is […]
Foster Love and the Safelite Foundation Announce New National Partnership
Safelite makes $1 million donation and 100,000 volunteer hours to impact foster children nationwide. Foster Love, a national nonprofit organization dedicated to improving the lives of children in foster care, announced a partnership with the Safelite Foundation, the charitable arm of Safelite, the largest provider of vehicle glass repair, replacement, and recalibration services in the […]
Classic Collision Acquires Two New Collision Repair Facilities in Florida
Classic Collision, LLC announced the acquisition of two Bo’s Collision locations in Ocala, Fla. Bo’s Collision West and East have been a family-owned business for over 50 years, servicing the great people of Marion County and surrounding areas. “Our goal has been to provide quality repairs promptly to all our customers daily. When we looked […]
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