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NABC Announces Winners of Palm Springs Golf Fundraiser

January 29, 2024 By CollisionWeek Editor

The National Auto Body Council (NABC) announced the winners of its sold-out NABC Palm Springs Changing and Saving Lives Golf Fundraiser Presented by Hertz, that was held Tuesday, January 16, at the Westin Rancho Mirage Golf Resort in Palm Springs, Calif. More than 150 players, sponsors and industry members gathered for the tournament to kick […]

Filed Under: News Tagged With: Golf Outing, National Auto Body Council

BASF Launches One-Coat Clear

January 29, 2024 By CollisionWeek Editor

BASF announced that RM, its premium refinish paint brand, is introducing the refinish industry’s first one-coat clear – RMC1000. Answering customer demand for speed and efficiency, RMC1000 reduces cycle time, provides superior sag resistance, and offers excellent appearance. In response to market demand for increasing productivity, RMC1000 can be applied with one wet coat and […]

Filed Under: News Tagged With: BASF

U.S. Auto Body Repair Prices Up Over 4% in December Compared to Last Year

January 26, 2024 By CollisionWeek Editor

Prices were up both year-over-year and on a month-over-month basis. The most recent government figures on inflation through December show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 30th month in a row. The year-over-year (YoY) increase of over 4% in December was […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index, Inflation

Continental Auto Parts Acquires Pro Parts Center

January 26, 2024 By CollisionWeek Editor

Continental Auto Parts (CAP), a portfolio company of Kinderhook Industries, announced the acquisition of K W Automotive Inc. that does business as Pro Parts Center (PPC). Pro Parts Center is an aftermarket collision automotive parts to multi-shop operators (MSOs) and independent collision shops in Texas, Louisiana, and Oklahoma. Financial terms of the transaction were not […]

Filed Under: News Tagged With: Acquisitions, Continental Auto Parts, Kinderhook Industries, Louisiana, Oklahoma, Texas

Autel Partners with MOTOR to Bring OEM Repair Information to Ultra Series Diagnostic Tablets

January 26, 2024 By CollisionWeek Editor

Autel announced that they have partnered with MOTOR Information Systems to provide an improved experience for users and more streamlined access to OEM repair information using MOTOR’s TruSpeed Repair. MOTOR TruSpeed Repair will be available for integration into Autel’s diagnostics software on all North American Ultra series tablets including Advanced Driver Assistance System (ADAS) capable […]

Filed Under: News Tagged With: Agreements Signed, Autel, Motor Information Systems, OEM Repair Procedures

AIA Canada Partners with Auto-jobs.ca to Make Recruitment More Accessible

January 26, 2024 By CollisionWeek Editor

The Automotive Industries Association of Canada (AIA Canada) announced an exclusive recruitment and human resources services partnership with Auto-jobs.ca, that will increase visibility of job opportunities within Canada’s auto care sector. This partnership aims to encourage collaboration and streamline the hiring process, ultimately increasing the accessibility to reaching qualified automotive candidates to fill open positions […]

Filed Under: News Tagged With: Agreements Signed, Automotive Industries Association of Canada, Canada, Workforce Development

UK’s National Body Repair Association Supports Call for In-Vehicle Data Access Legislation

January 26, 2024 By CollisionWeek Editor

As a member of the Association Internationale des Réparateurs en Carrosserie (AIRC) the UK’s National Body Repair Association (NBRA) announced it supports the call for legislation to enable access to in-vehicle data that was made by 10 automotive supplier, service and repair associations in Europe. The AIRC was a signatory of the letter.  “The letter, […]

Filed Under: News Tagged With: Europe, legislation, National Body Repair Association, Right to Repair, Telematics, United Kingdom

Focus Advisors Releases 2023 Collision Repair Consolidation Year in Review

January 25, 2024 By CollisionWeek Editor

Shops owned by the Accelerating Consolidators at Year-End (2019-2023)*

Report details acquisition and private equity activity across the U.S. Focus Advisors, the mergers and acquisition advisory firm, released its review of 2023 collision repair acquisition activity. The report is provided below: Growth Never Rests – 2023 Year in Review By Raul Salinas, Senior Associate, Focus Advisors Consolidators, Accelerators and Independent MSOs remain undaunted in […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Caliber, Classic Collision, CollisionRight, Crash Champions, Focus Advisors, Joe Hudson's Collision Center

Sherwin-Williams Reports Net Sales Up 4.1% in 2023 to Record $23.05 Billion

January 25, 2024 By CollisionWeek Editor

The Sherwin-Williams Company (NYSE: SHW) announced consolidated net sales increased 4.1% for 2023 to a record $23.05 billion from $22.15 billion in 2022. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) increased 17.5% in the year to $4.24 billion or 18.4% of net sales. “Sherwin-Williams delivered solid fourth quarter results, with positive sales […]

Filed Under: News Tagged With: Earnings, Sherwin-Williams

ASA, OEMs, and SCRS Offer to Serve as Resource to Congress, Constituents on Locating Vehicle Diagnostic and Repair Data

January 25, 2024 By CollisionWeek Editor

The Automotive Service Association (ASA), the Alliance for Automotive Innovation (Alliance), and the Society of Collision Repair Specialists (SCRS) sent a joint letter to Congress yesterday offering to assist constituents who are encountering difficulties locating vehicle diagnostic and repair data. “We recognize that technological innovation across the auto industry can sometimes be a source of […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Automotive Service Association, Right to Repair, Society of Collision Repair Specialists

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