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Interview: Matt Ebert, Crash Champions and Mary Mahoney, Enterprise Mobility

September 6, 2024 By CollisionWeek Editor

Ebert and Mahoney detail how Crash Champions is supporting the Collision Engineering Program as it seeks to solve the technician shortage facing the collision repair industry. In August, Crash Champions announced that the Collision Engineering Program will be the primary beneficiary of its 2024 Charity Golf Outing taking place December 5 at Monarch Beach Golf […]

Filed Under: Feature Tagged With: Apprentice Program, Collision Engineering Program, Crash Champions, Enterprise Mobility, Interview

New Light Vehicle Sales Rate Lower in August Despite Volume Increasing

September 6, 2024 By CollisionWeek Editor

The National Automobile Dealers Association (NADA) reported new light-vehicle sales in August totaled a SAAR of 15.1 million units, down 1.1% from August 2023’s 15.3 million. According to Patrick Manzi, NADA Chief Economist, the August 2024 sales calendar included Labor Day weekend this year, which led to a raw sales volume totaling 1.42 million units, […]

Filed Under: News Tagged With: National Automobile Dealers Association, New Vehicle Sales

Military Veteran New Maaco Owner in San Antonio

September 6, 2024 By CollisionWeek Editor

Maaco announced that Jubrail Abassi, who operated the Maaco location at 126 Clarence Street in San Antonio, Texas, has passed on his legacy to new shop owner, Matthew Moreno, who has signed on for a 15-year term. Before joining the Maaco franchise family, Moreno served eight years the U.S. Military as a Calvary Scout where […]

Filed Under: News Tagged With: MAACO, Network Affiliations, Texas

Copart Reports Fiscal 2024 Full Year Revenue Up 9.5% to $4.2 Billion

September 6, 2024 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported financial results for the quarter ended July 31, revenue, gross profit, and net income attributable to Copart, Inc. were $1.1 billion, $454 million, and $323 million, respectively. These represent an increase in revenue of $71.4 million, or 7.2%; a decrease in gross profit of $(4.0) million, or (0.9)%; and a […]

Filed Under: News Tagged With: Copart, Earnings

Semiconductor Shortage May Impact Auto Industry Later this Year

September 5, 2024 By CollisionWeek Editor

S&P Global Mobility warns automotive chip supply could be low by the end of the year. Key companies in the automotive and semiconductor industries have expressed concerns about a potential semiconductor shortage in the second half of 2025 or 2026, but automotive chip supplies will be low by the end of 2024. According to S&P […]

Filed Under: News Tagged With: S&P Global Mobility, Semiconductors

Fix Network Expands Auto Glass Apprenticeship Program to Seven States

September 5, 2024 By CollisionWeek Editor

The Fix Network announced it expanded its auto glass apprenticeship program to three new states: Arizona, New Mexico and Alaska. With this expansion, the program is approved for operation in seven states, including Washington, Oregon, Montana, and Colorado, aligning with the company’s Speedy Glass locations. Fix Network’s glass apprenticeship program elevates the quality of automotive […]

Filed Under: News Tagged With: Alaska, Apprentice Program, Arizona, Auto Glass, Colorado, Fix Network World, Montana, New Mexico, Oregon, Speedy Glass, Washington

Caliber CEO Simmons Named Master of Ceremonies for November 4 MSO Symposium

September 5, 2024 By CollisionWeek Editor

David Simmons, Chief Executive Officer (CEO) at Caliber Holdings LLC, will serve as the Master of Ceremonies at the 2024 MSO Symposium, taking place Monday, November 4 in Las Vegas, Nev. Simmons has a diverse background leading large, multinational organizations in a number of industries and brings his wealth of experience to the 2024 event. […]

Filed Under: News Tagged With: Caliber, MSO Symposium, People

BMW and Toyota Partner on Hydrogen Fuel Cell Electric Vehicle Development

September 5, 2024 By CollisionWeek Editor

The BMW Group and the Toyota Motor Corporation are pooling their innovative strength and their technological capabilities to bring a new generation of fuel cell powertrain technology to the roads. Both companies share the aspiration of advancing the hydrogen economy and have extended their collaboration to push this locally zero-emission technology to the next level. […]

Filed Under: News Tagged With: BMW, Electric Vehicles, Fuel Cells, Hydrogen, Toyota

AAA Survey Finds Driving Habits Stabilizing Since Pandemic

September 4, 2024 By CollisionWeek Editor

Foundation warns of safety issues for older cars that make up larger portion of miles driven. The AAA Foundation for Traffic Safety released its 2023 American Driving Survey, providing insights into U.S. daily driving trends after the initial impact of the COVID-19 pandemic. The survey reveals that overall driving patterns have rebounded from the depths […]

Filed Under: News Tagged With: AAA, Vehicle Age

CCC Launches Collision Repair Facility Payroll Management Solution

September 4, 2024 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today the launch of CCC Payroll, a new solution designed to streamline payroll management for collision repair facilities. Integrated into the CCC ONE platform, CCC Payroll enables shops to track production and labor, and streamline payroll within a single system, simplifying the payroll process from start to finish […]

Filed Under: News Tagged With: CCC, Payroll

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