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1Collision Adds Collision Repair Center to Network in Inglewood, California

November 18, 2022 By CollisionWeek Editor

1Collision announced the addition of Exotic Auto Body, located in Inglewood, Calif. to its network. Opened eight years ago, Exotic Auto Body joined 1Collision after learning about the company’s focus and affiliated locations. “We feel like the 1Collision staff have the same ethics and goals as we do,” said Gary Naymon from Exotic Auto Body. […]

Filed Under: News Tagged With: 1Collision Network, California, Network Affiliations

NOVUS Glass & ProColor Collision Held Second Annual Conference in Dallas, Texas

November 18, 2022 By CollisionWeek Editor

NOVUS Glass and ProColor Collision held its second annual conference in Dallas, Texas from October 19-21, that brought together more than 200 participants. The three-day national conference, titled ’Full Speed Ahead’, put the spotlight on the critical issues currently facing the aftermarket industry. The event included high-powered speakers, technology experts, bestselling authors and top authorities […]

Filed Under: News Tagged With: Annual Conference, Novus Glass, ProColor Collision, Texas

GM Expects North American EVs to be Profitable in 2025 as Capacity Tops 1 Million

November 18, 2022 By CollisionWeek Editor

At investor meeting, vehicle manufacturer updates 2022 financial guidance and provides performance indicators through 2025. General Motors Co. (NYSE: GM) expects its growing portfolio of electric vehicles will be solidly profitable in 2025 in North America as the company scales electric vehicle (EV) capacity in the region to more than 1 million units annually, ramps […]

Filed Under: News Tagged With: Earnings, Electric Vehicles, General Motors

New Hampshire Supreme Court Rules in Favor of Collision Repair Shop in Assignment of Benefits Dispute with State Farm

November 17, 2022 By CollisionWeek Editor

Majority opinion says policy language restricting an insured’s ability to assign the benefits of their claim to a collision repair facility is ambiguous, overturning a lower court ruling to dismiss the case. The New Hampshire Supreme Court on Tuesday overturned a lower court ruling that in favor of State Farm to dismiss a breach of […]

Filed Under: Feature Tagged With: Assignment of Benefits, Keene Auto Body, Lawsuits, New Hampshire, State Farm

Crash Champions Acquires Dealership Collision Repair Center in Kansas City, Missouri

November 17, 2022 By CollisionWeek Editor

Crash Champions, LLC announced it expanded its footprint in the Kansas City metropolitan area, through the acquisition of Molle Toyota’s collision repair center. As part of the deal, Molle Toyota will maintain full independent ownership and operations of its automotive dealership, while Crash Champions will acquire and assume operations of the collision repair center effective […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Missouri

Copart Reports First Quarter Revenue Up Over 10%

November 17, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported revenue of $893.4 million for its fiscal first quarter ended October 31, an increase in revenue of $83.2 million, or 10.3%, from the same period last year. Gross profit $369.5 million, down $15.5 million, or 4.0%, and net income was $245.8 million, a decrease of $14.5 million, or 5.6%, from the […]

Filed Under: News Tagged With: Copart, Earnings

ASE Now Offers Remote Option for Recertification Testing

November 17, 2022 By CollisionWeek Editor

The National Institute for Automotive Service Excellence (ASE) has introduced a remote testing option for ASE recertification tests. Through its partnership with Prometric, ASE will now offer the ProProctor remote testing option as a recertification solution. Available for all ASE recertifications tests, excluding L1 and L2 tests, the ProProctor testing option allows those service professionals […]

Filed Under: News Tagged With: ASE, Certification

Ford Partners with CerebrumX on Connected Vehicle Data to Support Usage-Based Insurance in North America

November 17, 2022 By CollisionWeek Editor

CerebrumX Lab Inc., an AI-driven automotive data services & management platform, announced it will incorporate Ford connected vehicle data to support its data-driven usage-based insurance (UBI) as-a-Service model for Insurers. This model offers a quicker and more cost-effective implementation of UBI programs by using embedded telematics for eligible Ford and Lincoln connected vehicles. Usage-based insurance […]

Filed Under: News Tagged With: Agreements Signed, CerebrumX, Ford Motor Company, Telematics, Usage-Based Insurance

Crash Champions Acquires Two Collision Repair Centers in Spokane

November 16, 2022 By CollisionWeek Editor

Company now has 21 locations across Washington State. Crash Champions, LLC announced that it has grown its presence in Eastern Washington through the acquisition of DAA Auto Body Centers in Spokane, Wash. DAA serves customers at two Spokane-area repair centers, located at 3001 E. Palouse Highway and 2607 S. Hayford Road. With the addition of […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Washington State

Chilton Auto Body Selects PartsTrader as Preferred Parts Procurement Platform

November 16, 2022 By CollisionWeek Editor

Chilton Auto Body with 18 collision repair centers in the San Francisco Bay Area and Los Angeles, Calif., announced PartsTrader, the world leader in online collision parts procurement, as their preferred parts procurement platform. “PartsTrader gives us an opportunity to cast a wider net when it comes to optimizing parts purchasing, while at the same […]

Filed Under: News Tagged With: Agreements Signed, Chilton Auto Body, Parts Procurement, PartsTrader

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