Firm says 2021 activity bounced back compared to last year. Focus Advisors Automotive’s David Roberts and Chris Lane released an analysis of 2021 collision repair facility acquisitions and consolidator growth. According to the report, with 2021 now in the rearview mirror, the industry is catching its breath after a year of sprinting that saw extraordinary […]
State Farm Doubles Venture Capital Effort
State Farm Ventures announced the expansion of its venture capital investment fund to $200 million, up from the initial commitment of $100 million in September 2018. The fund focuses on start-up companies that align with the strategic goals of State Farm, which include helping meet customers’ needs in more ways. “Throughout our 100-year history, continuous […]
Fix Auto UK Adds Collision Repair Center to Network in Northeast
Fix Auto UK announced the addition of Sherwoods Accident Repair Centre, part of the Sherwoods Motor Group, will now operate as Fix Auto Washington. The collision repair center joins following an aggressive investment program that has seen the installation of two energy efficient spraybooths – one of which is designed to accommodate large LCVs, camper […]
Nationwide First Insurer to Equip Field Appraisers with CCC Mobile Appraiser Pro
CCC Intelligent Solutions (CCC) announced the availability of CCC Mobile Appraiser Pro, a native app for appraisers designed to accelerate the claims process by driving efficiency and consistency into field inspections. Nationwide is the first auto insurer to activate CCC Mobile Appraiser Pro. “At Nationwide, it is our strategy to provide customer centered solutions that […]
Cory Lyda Promoted to VP of Operations at Dent Wizard
Dent Wizard International announced it recently promoted Cory Lyda to vice president of operations. The promotion was effective Jan. 1. In his new role Lyda will serve primarily as the field liaison for the corporation and oversee product-related initiatives. He will continue his role in managing Dent Wizard’s key services, a growing segment of the […]
New-Vehicle Retail Sales Projected Down 8.3% in January
Industry remains constrained by historic low inventory in wake of supply chain issues. New-vehicle retail sales for January 2022 are expected to decline when compared with January 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 828,900 units, an 8.3% decrease […]
Crash Champions Acquires Collision Repair Center in Colorado Springs, Colorado
Crash Champions, LLC announced that it has acquired a collision repair center located at 6275 E Platte Ave. in Colorado Springs, Colo. that was owned and operated by collision industry veteran Dave Beem and his family. This acquisition strategically supplements the Company’s recent acquisitions of two single-location collision repair centers in Colorado – Autobahn and […]
ABRA Adds Collision Repair Center to Network in Fort Collins, Colorado
ABRA Auto Body Repair of America announced its expansion in Colorado with the opening of ABRA Fort Collins, a 20,000 square foot facility located at 2520 Co Road 54G, in Fort Collins, Colo. Long-time dealership owner, Warren Yoder, expanded his operations with the opening of ABRA Fort Collins. Yoder worked for the dealership in every […]
ProColor Collision Adds Collision Repair Center to Network in San Francisco
ProColor Collision announced a new collision repair shop location in South San Francisco, Calif. Formerly known as Royalty Auto Collision Center, Inc., ProColor Collision South San Francisco is a full-service collision repair facility, owned and operated by brothers Cesar and Carlos Dominguez With more than 40 years of collision repair industry experience, the Dominguez brothers […]
Snapsheet Reports Strongest 12 Months in Company History
Snapsheet announced 2021 statistics and sales numbers marking its strongest year yet. Snapsheet is enabling auto and property carriers, TPAs, MGAs, and mobility to launch claims infrastructure in days rather than years. Notable highlights from 2021 include: 159% year over year growth Surpassed 2.5 million claims and over $10 billion in indemnity processed 32 new […]
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