National AutoBody Research (NABR) announced the release of a new version of its LaborRateHero.com website, adding three new features to make the site easier to use and more powerful. First is the new “Market Rates at a Glance” feature. During labor rate searches of any geographic area, the Body rate for each individual shop surveyed […]
Hertz Announces President and COO Paul Stone to Step Down September 30
Hertz Global Holdings, Inc. (NASDAQ: HTZ) announced that Paul Stone, Chief Operations Officer and President, will step down from his role effective September 30, to pursue opportunities in the retail sector, where he began his career. Paul will remain employed with the company in a transitional capacity through October 31. The company will conclude a […]
Andrian Furness Named Managing Director of Activate Group Motor Repair Network in the UK
The Activate Group announced the appointment of Adrian Furness as Managing Director of its Motor Repair Network business. Furness will take up his new role on October 2. Activate Group specializes in accident management services and partners with some of the country’s best-known fleets and insurers to service hundreds of thousands of claims a year. […]
J.D. Power Acquires Autovista Group
Adds European and Australian automotive data and analytics provider of vehicle valuation and repair estimate data. J.D. Power today announced a definitive agreement to acquire Autovista Group, a pan-European and Australian automotive data, analytics and industry insights provider. The acquisition complements J.D. Power’s strengths in vehicle valuation and detailed vehicle specification data and analytics while […]
OpenRoad Collision Acquires 6 Collision Repair Centers in Oklahoma
OpenRoad Collision announced a strategic partnership with Bill Knight Collision, a six location multi-shop operator (MSO) with locations in Tulsa and Stillwater, Okla. Combined, the OpenRoad Collision family of brands now owns and operates collision repair centers across Texas, New Mexico, and Oklahoma. The addition of Bill Knight Collision not only expands OpenRoad Collision’s geographic […]
U.S. Property/Casualty Industry Records $24.5 Billion Underwriting Loss in the First Half of 2023
The U.S. property/casualty (P/C) industry recorded a $24.5 billion net underwriting loss in the first half of 2023, nearly eclipsing the $26.5 billion in total losses recorded for all of 2022, according to a new AM Best report. These preliminary results are detailed in a new Best’s Special Report, First Look: 6-Month 2023 US Property/Casualty […]
GM’s John Eck Joins Collision Repair Education Foundation Board of Directors
The Collision Repair Education Foundation (CREF) announced John Eck, head of Product, Accident Assistance, General Motors Global Strategy & Innovation Future Digital Products, has joined its Board of Directors. “The Foundation is thrilled to have John join our Board of Directors,” shares CREF Executive Director Brandon Eckenrode. “His vast array of industry experience is certain […]
Asbury Automotive Group Acquires Jim Koons Automotive
Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware. Asbury Automotive Group, Inc. (NYSE: ABG) announced an agreement to acquire Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale of the Mid-Atlantic Region company is […]
Classic Collision Acquires Two New Collision Repair Centers in Houston, Texas
Classic Collision, LLC announced the acquisition of Meyerland Collision Centers in Houston, Texas. Meyerland Collision Centers has been family-owned and proudly serving the Houston Meyerland area for more than 15 years. The Meyerland team, equipment, and facilities all demonstrate their commitment to providing you with the best available customer service and quality care possible. “Our […]
ASE Education Foundation Updates Collision Repair Standards
Adds new fundamentals accreditation area that focuses on employer’s most valued entry-level skills. The ASE Education Foundation recently conducted a workshop to review the tasks and tools used by ASE-accredited collision repair and refinish programs in high schools and colleges nationwide. The review committee consisted of individuals representing vehicle manufacturers, collision repair and refinish shop […]
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