Tractable, a deep learning company specializing in computer vision, announced an $8 million Series A investment led by Ignition Partners, an enterprise tech-focused venture firm with offices in Silicon Valley and Seattle. Other investors include Zetta Venture Partners, a venture capital firm focused on artificial intelligence, as well as insurance industry leaders such as Andy […]
Boyd Group Acquires Collision Repair Center in Georgia
The Boyd Group Inc. announced the June 14, opening of a new Gerber-brand collision repair center in Greensboro, Ga., about 75 miles east of Atlanta. The center previously operated as Rodfathers Collision Center & Sales. “This location increases our presence in central Georgia and is well-situated in proximity to the busy Interstate 20 and U.S. […]
IAA Plans New Fort Worth Branch Opening in November
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced the construction of a new facility near Fort Worth, Texas. The new branch, scheduled to open in November 2017, is located north of the Dallas-Fort Worth area and complements IAA branches in Grand Prairie and Wilmer. This is the 16th IAA […]
J.D. Power Study Finds Premium Increases Become Sticking Point for U.S. Auto Insurance Customers
Rate increases due to increasing driving, claim frequency and severity impacting consumer price satisfaction. A combination of record numbers of miles driven, increased frequency and severity of collisions, and extreme weather has crimped U.S. auto insurer profitability, resulting in rate increases for 26% of customers and a strain on customer satisfaction. According to the J.D. […]
PPG Completes Paint and Coatings Facility in Lipetsk, Russia
PPG (NYSE:PPG) marked the opening of a €45 million ($49 million) paint and coatings manufacturing facility and commercial operation in the Lipetsk region of Russia on June 16. The site will provide about 200 total positions and produce about 25 million liters (6.6 million gallons) of coatings at full capacity. In addition to facilities for […]
Auto Care Careers Offers Bulk and Unlimited Job Posting Packages
“We recently introduced a new pricing structure on the Auto Care Careers Industry Job Board for packages up to 100 jobs, but many organizations have indicated the need for larger job posting packages. Therefore, we are very pleased to announce that custom bulk and unlimited posting packages are now available,” said Courtney Hammer, director, job […]
AASP/NJ Race Night Benefits Memorial Sloan Kettering Cancer Center
On June 13, , the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) hosted its Sixth Annual Race Night at Pole Position Raceway in Jersey City, N.J. For the second consecutive year, AASP/NJ will donate $1,000 from the event’s proceeds to the Memorial Sloan Kettering Cancer Center to help with their fight against prostate […]
Axalta Opens Asia-Pacific Technology Center in China
Facility includes Refinish Training Center. Axalta Coating Systems (NYSE:AXTA) formally opened its Asia-Pacific Technology Center (APTC), in the Minhang District of Shanghai. Announced in 2015, the APTC has a total of 15,500 square meters of space, the APTC expands resources available to Axalta’s global organization of more than 1,300 scientists, engineers, and staff engaged in […]
Auto Care Association and TechForce Foundation Partner on Campaign
The Auto Care Association has partnered with TechForce Foundation in its new national initiative, FutureTech Success, in an effort to fuel the pipeline of tomorrow’s workforce of technicians. As part of the Auto Care Association’s Job and Career Development program, the association will offer support to the initiative to deliver the message that being a […]
Agreement Reached on North Carolina Auto Insurance Rates
Insurance Commissioner Mike Causey announced the signing of a settlement agreement with the North Carolina Rate Bureau in response to the Rate Bureau’s Feb. 1, request for a 13.8 percent increase in auto insurance rates. The North Carolina Department of Insurance agreed to a lower average increase of 2.2 percent – a savings of more […]
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