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First Quarter 2022 Average Weekly Collision Repair Wages Up 8.6% in U.S. Compared to 2021

November 21, 2022 By CollisionWeek Editor

Collision Repair Average Weekly Wages

The number of collision repair establishments and overall employment continued to increase versus pandemic influenced 2020 and 2021. An analysis of U.S. auto body repair facilities, employment and wages show continued growth across all three categories in the U.S. during the first quarter of 2022 compared to the same quarter in 2021. According to the […]

Filed Under: Research Tagged With: Employment, Shop Population, Wages

Chris Villavarayan Named Chief Executive Officer and President at Axalta

November 21, 2022 By CollisionWeek Editor

Rakesh Sachdev to Become Non-Executive Board Chair. Axalta Coating Systems Ltd. (NYSE:AXTA) announced the appointment of Chris Villavarayan as Chief Executive Officer and President and a member of the company’s Board of Directors, effective January 1, 2023. At that time, Rakesh Sachdev, who has served as interim CEO and President, will succeed Bill Cook as […]

Filed Under: News Tagged With: Axalta Coating Systems, People

Classic Collision Acquires Repair Center in Florida

November 21, 2022 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Shamrock Auto Body in St. Cloud, Fla. Shamrock Auto Body, Inc. is a family owned and operated business, providing customers with exemplary auto body repair service from the same location since 2000 “We have been committed to delivering only the highest level of quality service, with the emphasis […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida

Maaco Recognizes Top-Performing Franchise Owners at Convention

November 21, 2022 By CollisionWeek Editor

Maaco concluded the celebration of its 50th anniversary at the 2022 Maaco Convention, held at the beautiful Omni La Costa Resort and Spa in Carlsbad, Calif., with awards and recognition for outstanding performance, leadership and operational excellence. The 2022 Maaco Convention ran from November 15 – 18. Over the course of the four days. Franchise […]

Filed Under: News Tagged With: Annual Conference, Awards, MAACO

Hertz Supports High Schools and Colleges Through Collision Repair Education Foundation

November 21, 2022 By CollisionWeek Editor

Hertz has repeatedly proven its dedication to high school and college collision repair schools and students through its generous support and sponsorship of the Collision Repair Education Foundation (CREF), contributing over $125,000 to the industry’s future in 2022. “CREF is so grateful to Hertz for its ongoing commitment to the students pursuing a collision career […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, Hertz, Workforce Development

U.S. Auto Body Repair Prices Up Over 13% in October Compared to Last Year

November 18, 2022 By CollisionWeek Editor

The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through October show the rate of growth of auto body repair prices is above the rate of general inflation for the 16th month in a row, […]

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

Crash Champions Acquires Collision Repair Center in Georgia

November 18, 2022 By CollisionWeek Editor

Crash Champions, LLC announced that the organization has acquired Harold’s Auto Body Shop, a 21,000-square-foot collision repair center located at 5500 McCall Road in Rincon, Ga. This acquisition continues Crash Champions’ strategic growth across Georgia, as the organization now serves customers at 12 locations across the state. Nationwide, the company operates more than 580 high-quality […]

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

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

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