The NFIB Small Business Optimism survey hits a plateau. Remains below historic average. The Index of Small Business Optimism rose one-tenth of a point in July to 94.6, a meager increase showing no real enthusiasm for expansion, expected sales, and making capital outlays, according to the National Federation of Independent Business (NFIB). “Small business optimism […]
Boyd Opens New Location in Louisiana
The Boyd Group Inc. announced the opening of a new Gerber collision repair center on August 13 in Slidell, La. Slidell is about 34 miles northeast of New Orleans with the center well-located near the intersections of Interstate Highways 10 and 12. “We are very pleased to add this new location, which strengthens our presence […]
Tong Yang First Taiwan Manufacturer to Achieve NSF Sustainability Mark
Tong Yang automotive bumper covers meet NSF parts certification and environmental requirements for low volatile organic compound (VOC) paint / primer usage in addition to using recycled packaging NSF International announced that Tong Yang is the first manufacturer in Taiwan authorized to use the NSF Sustainability mark on bumper covers that use low-VOC paints and […]
Las Vegas Collision Repair Shop Pleads Guilty to Fraud
Nevada Attorney General Laxalt announced the guilty plea of a Las Vegas auto body shop for fraudulent practices Nevada Attorney General Adam Paul Laxalt announced that A Plus Auto Body, Inc., a Las Vegas collision repair facility, pleaded guilty to one count of multiple transactions involving fraud or deceit in the course of an enterprise […]
Collision Repair Education Foundation and I-CAR Launch Snapshot Survey
The Collision Repair Industry Snapshot Survey, co-sponsored by the Collision Repair Education Foundation and I-CAR, has launched and is now open for responses from collision shop owners and managers. The collected data will be compared to previous benchmarks. Trends over the years will be analyzed, with results published and shared with the industry. Collision shop […]
Ford Announces Plans for Fully-Autonomous Vehicle in 2021
The vehicle manufacturer plans a high-volume, SAE Level 4 autonomous vehicle targeted at ride hailing markets. Also announces investment in autonomous technology provider and doubling of Silicon Valley team. Ford yesterday announced its intent to have a high-volume, fully autonomous Society of Automotive Engineers (SAE) level 4-capable vehicle in commercial operation in 2021 in a […]
Axalta Launches New Refinish Brand in Europe
Axalta Coating Systems (NYSE:AXTA) has launched Syrox, a new refinish brand for the European market. Designed with new European formulations specifically for the mainstream aftermarket segment, Syrox is a complete and compact refinish paint system, including a waterborne basecoat, developed for passenger car repairs. The Syrox refinish system provides a cost-effective alternative to premium product […]
LexisNexis Completes Acquisition of Crash Report Provider
LexisNexis Risk Solutions, part of RELX Group, announced it has completed its acquisition of the Crash and Project business group of Appriss, a public safety business that provides technology solutions for the efficient collection of crash reports and electronic citations. LexisNexis will use the acquired technology within its LexisNexis Coplogic Solutions portfolio, a comprehensive electronic […]
Copart Opens Second Location in Denver, Colorado
Copart, Inc. (NASDAQ:CPRT) announced the opening of its third location in Colorado. This is Copart’s second location in the Denver metropolitan area. “In May, we announced the opening of and first auction at our new Colorado Springs location, then we expanded our original Denver area location, and now we are pleased to announce the opening […]
Liberty Mutual Insurance Forms Joint Venture in China
Insurer enters into joint venture for its Chinese insurance operations with Sanpower Group Co., Ltd. Liberty Mutual Insurance and Sanpower Group Co., Ltd., one of China’s leading private enterprises, announced today they have agreed to create a joint venture from Liberty Mutual’s current Chinese property and casualty insurance operations. Sanpower will hold a 51 percent […]
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