The National Highway Traffic Safety Administration saw an increase of nearly 30 percent in drivers that were observed text messaging or visibly manipulating a handheld device in 2014 versus the previous year. According to research by the U.S. Department of Transportation National Highway Traffic Safety Administration (NHTSA) the percentage of drivers observed text-messaging or visibly […]
A Profile of the Evolving Collision Repair Marketplace – Part 4
By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 4 of our annual series by Vincent Romans and Mary Jane Kurowski examines the consolidated U.S. and Canadian collision repair markets. <Part 3 ———————————————————————————– U.S. and Canada Consolidated North America When comparing the property and casualty insurance and auto industry, top ten insurers’ […]
A Profile of the Evolving Collision Repair Marketplace – Part 3
By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 3 of our annual series by Vincent Romans and Mary Jane Kurowski examines the Canadian collision repair market. <Part 2 ———————————————————————————- Part 4> Canada Canada’s overall market size for both private insurance and consumer-paid vehicle repair revenue was $2.7 billion for 2014, down […]
A Profile of the Evolving Collision Repair Marketplace – Part 2
By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 2 of our annual series by Vincent Romans and Mary Jane Kurowski examines dealership collision repair facilities, franchise repair centers and $10-20 million MLOs. <Part 1 ———————————————————————————– Part 3> OE Dealership Collision Repair Facilities The National Automobile Dealers Association, NADA, estimates that 6,394 […]
A Profile of the Evolving Collision Repair Marketplace
By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 1 of our annual series by Vincent Romans and Mary Jane Kurowski examines the largest shop groups in the industry, their growing market share, and an analysis of the numbers. Today’s collision repair industry continues to be influenced and impacted by the convergence […]
Vista Equity Buys Solera for $6.5 Billion
Ending weeks of speculation, the software and services provider to collision repair, automotive and insurance industries announces a deal to sell the company to a private equity firm. Solera Holdings, Inc. last night announced that it has entered into an agreement to be acquired by an affiliate of Vista Equity Partners in a transaction valued […]
Moreland to Retire from AkzoNobel
Tom Moreland, Strategic Accounts Manager and Industry Relations Manager for AkzoNobel Vehicle Refinishes North America, has announced his intentions to retire by the end of 2015. Well known throughout the collision repair industry, Moreland participated with numerous industry groups and major industry associations including the Automotive Service Association (ASA), Collision Industry Conference (CIC), the Inter-Industry […]
Interview: Terry Fortner, LKQ Corporation
In our exclusive video interview, Fortner details a new legislative effort to hold OEMs responsible for recalls that may impact collision repair facilities. Larges scale recalls have become a troubling fact of life for vehicle manufacturers. In our video interview embedded below, Terry Fortner from LKQ Corporation details a new legislative effort to hold vehicle […]
Body Shop Owner Concedes Mississippi Insurance Commissioner Race
John Mosley, owner of Clinton Body Shop, in Clinton, Miss., conceded defeat in yesterday’s Republican primary election for Mississippi Insurance Commissioner. Mosley received 72,000 votes compared to 189,000 for incumbent insurance commissioner Mike Chaney. In a statement released on the John Mosley for Insurance Commissioner Facebook page, the candidate stated, “I want to thank everyone […]
ABRA Acquires Delaware Collision Repair Center
ABRA Auto Body & Glass expanded in Delaware Friday with the acquisition of Henry Brothers Auto Body. Details of the transaction were not disclosed. The new repair center is located in Wilmington, about 30 miles southwest of Philadelphia. The acquisition brings the company’s total repair center count to 312 in 23 states. ABRA first entered […]