AkzoNobel today announced that effective immediately, Robert Tsas is appointed as National Fleet Manager for its U.S. Vehicle Refinishes business. Tsas has held various roles within AkzoNobel, most recently as East Region Fleet Manager. Robert has over 32 years of dedicated service at AkzoNobel and has held key roles in sales and marketing. Also effective […]
Justin McWhirter Named Chief Information Officer at CCC
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today the appointment of Justin McWhirter as chief information officer (CIO) following the retirement of CIO Bill Rocholl, who held the position since 2013. McWhirter will oversee the company’s IT operations, enhancing the day-to-day operations of existing applications, while also accelerating the pace of innovation and driving AI […]
Highway Loss Data Institute Reports Software Update Lowering Theft Rate for Hyundai and Kia Vehicles
A software upgrade offered to the owners of Hyundai and Kia vehicles that were sold without electronic immobilizers cut theft rates by more than half, new research from the Highway Loss Data Institute shows. The companies began implementing the software upgrade in February 2023 in the wake of a tidal wave of theft claims that […]
BMW Successfully Tests Humanoid Robots at South Carolina Manufacturing Plant
The BMW Group is exploring the use of humanoid robots in production for the first time. During a trial run lasting several weeks at BMW Group Plant Spartanburg, in Spartanburg, S.C., the latest humanoid robot, Figure 02 from California company Figure, successfully inserted sheet metal parts into specific fixtures, which were then assembled as part […]
GEICO Reports Premiums Written Up 10.7% in Second Quarter
Collision claim frequency was down in range of 6-7% in the quarter, but severity was up. Berkshire Hathaway reported its earnings for the second quarter of 2024 on August 3, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. GEICO’s pre-tax underwriting earnings in the first six months […]
Collision Repair Student Receives ASE Chairman’s Scholarship
Anthony Williams, a collision repair student at Wyotech in Laramie, Wyo. has been awarded the ASE Chairman’s scholarship for the 2024-25 school year. “We want to congratulate Anthony on being selected as this year’s ASE Chairman’s scholarship honoree,” said Tom Trisdale, chairman of the ASE board of directors. “We had many exceptional candidates apply, but […]
Mercury Insurance Names the Most Affordable New EVs to Insure
Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance (NYSE: MCY) has compiled a list of the most affordable new EVs to insure, which will arm consumers with valuable knowledge when they go to shop for an EV. Factors contributing to insurance costs include claims on similar vehicles, cost to repair […]
U.S. Length of Rental Down Year-Over-Year in Second Quarter
According to the latest data from Enterprise, overall length of rental (LOR) for collision-related rentals in Q2 2024 was 16.0 days, a 1.4-day decline from Q2 2023. Traditionally, LOR continues a decrease from Q1 into Q2, with June seeing an increase. As we observed in Q1 2024, that trend continues, though the traditional June rise […]
New Vehicle Retail Sales Were Lower Than Expected in July
According to NADA, the hoped for increase in new vehicle sales in July following missed sales from June’s cyberattack on dealer management systems did not boost sales above last year’s rate. According to the National Automobile Dealers Association (NADA) new light vehicle sales in July were down year-over-year. According to the NADA Market Beat report, […]
Hurricane Debby Expected to Bring Major Flash Floods Across U.S. Southeast
Hurricane Debbie made landfall this morning near Steinhatchee, Fla. and the National Oceanic and Atmospheric Association (NOAA) is warning that historic rainfall, tornadoes and life-threatening storm surge are likely across the the southeastern U.S. According to NOAA’s National Weather Service, Debby will slowly track across the Southeast the next several days. Tornadoes, catastrophic flash and […]
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