David Lingham, Head of Business for Fix Auto World, announced the appointment of Carl Brabander as Vice President of Marketing for Fix Auto World, effective immediately. Since his appointment in 2014 to the role of Vice President of Marketing for Fix Auto Canada, Brabander ushered in new retail brand standards and a marketing strategy that […]
Axalta Releases Fourth Quarter Results
Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31, 2016. The company reported net sales of $1.029 billion for the fourth quarter benefited from both volume and pricing growth, offset by a 3.0 percent negative impact from foreign currency translation. Constant currency net sales increased […]
Uni-Select Reports FinishMaster Sales Up 17.7% in Fourth Quarter Due to Acquisitions
Uni-Select Inc. (TSE:UNS) yesterday reported its financial results for the fourth quarter ended December 31, 2016. Consolidated sales for the fourth quarter were $291.0 million, a 12.3 percent increase, mainly driven by the sales generated from recent business acquisitions, for the most part in the US, representing an increase of 15.3 percent. On an organic […]
CIECA MSO Summit Seeks to Move Collision Repair Industry Forward
The Collision Industry Electronic Commerce Association (CIECA) recently hosted a Top-2-Top MSO Summit. This exclusive group of industry thought leaders included Presidents and Chief Information and Technology Officers who represent approximately 80 percent of the Multiple Shop Operator (MSO) categorized operations in the country. This was the first of many meetings to create a higher-level […]
Registration Open for ASA Annual Business Meeting
The Automotive Service Association (ASA) has opened online registration for its 2017 Annual Business Meeting, which will be held April 24-26 at the Magnolia Hotel in Denver. Information about the meeting, schedule of events and online registration are available online. Attendees also may use the site to book reservations at the Magnolia Hotel. The event […]
Maryland Senate Bill Seeks to Require OEM or Certified Aftermarket Collision Repair Parts
The legislation, similar to a bill that was withdrawn last year, seeks to require insurers to authorize only OEM or certified collision repair parts. Hearing scheduled for March. Maryland Senate Bill 1007 (SB 1007), introduced by Senate Minority Leader J.B. Jennings (R) on February 3, seeks to require automobile insurers to authorize repairs using original […]
CCC Information Services Reportedly Up for Sale
Private equity firms reportedly exploring sale of collision repair industry information provider. CCC Information Services, Inc. may be up for sale according to an article last week by Bloomberg. Founded in 1980 and based in Chicago, Ill., CCC, once a public company, taken private in 2006. According to the article, CCC’s private equity backers, […]
Owners of Seven California Collision Repair Shops Arrested in Auto Insurance Fraud Sting
Department of Insurance alleges 40 suspects involved in $560,000 fraud ring. California Department of Insurance detectives and investigators with the Auto Insurance Fraud Task Force yesterday arrested seven suspects, charged an additional 22 who are self-surrendering, and are still seeking 11 more suspects for allegedly running an organized automotive insurance fraud ring that netted conspirators […]
AR Direct Announces Strategic Partnership with IA Path
AR Direct announced a strategic partnership with IA Path, a company helping people become independent auto damage appraisers in as little as 30 days. IA Path was founded by Chris Stanley in October 2016 after seeing a need for a new wave of auto damage adjusters and appraisers. He has eight years of experience as […]
Diamond Standard Rolls Out Parts Reference Tool for Step Bumper Assemblies
Collision repair and insurance company estimators have a new resource to help identify step bumper assembly components. Diamond Standard announced that its DS PartsPath, provides photos and descriptions of all assembly component included in their Full Assembly Step Bumper Systems with OEM reference numbers for comparison and evaluation. In addition, over 1600 other Diamond Standard […]