AirPro Diagnostics, the remote diagnostics, scanning, programming, and ADAS calibration solution provider announced the appointment of Fred Iantorno as Vice President of Strategic Solutions. In his position Iantorno will assist in technology integration opportunities, market awareness of the AirPro Auggie, the company’s ADAS calibration device as well as its suite of advanced brand specific services. […]
3M Acquires LeanTec to Support Collision Repair Inventory Management and Digital Solutions
Technology advances 3M ‘connected bodyshop’ vision and provides collision repair shop owners and managers more access to data for enhanced productivity. 3M (NYSE:MMM) today announced that it has acquired the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket segment in the United States and Canada. The acquisition will […]
Service King Reported Near Deal with Bondholders on Debt Relief
Collision repair chain reported close to deal that could cede control to its bondholders. Service King Collision Repair Centers, the consolidator with over 330 collision repair centers in the U.S. in more than 20 states, may be nearing a deal with bond holders to ease its debt load according to a report by Bloomberg based […]
GSB Industries Named Global Finishing Solutions Distributor in Georgia and Tennessee
Global Finishing Solutions (GFS) announced that GSB Industries has joined its automotive and truck refinish distribution team, bolstering GFS’ ability to provide extraordinary service to body shops and collision repair centers in Georgia and Tennessee. Founded in 2006, GSB Industries will supply, install and service a variety of automotive repair equipment. GSB Industries is the […]
Pennsylvania Attorney General Announces Settlements with Towing Companies over Violations of Consumer Protection Laws
Pennsylvania Attorney General Josh Shapiro announced April 20 that his office has reached a settlement with Michael Caban of Angelina’s Towing and Recovery LLC and Siani’s Towing and Recovery LLC, Ricardo Caban of Aubry’s Towing LLC, and Miguel Caban and Miguel Caban, Jr. The settlement is part of a larger effort on the part of […]
Messe Frankfurt Reschedules Two Automotive Trade Shows in China
Messe Frankfurt announced it is rescheduling two of its automotive aftermarket trade fairs in China as the Government has escalated several COVID-19 prevention and control measures. CAPAS Chengdu, the auto parts and aftermarket services show originally scheduled for May 19-21, will move to August 18 – 20, 2022.). In addition, the Auto Maintenance and Repair […]
Tesla Expands Insurance Offering to Three New States, Details Benefits of Integrated Claims on Customer Experience
Company says it is already the second largest insurer of Teslas in Texas, one of its first auto insurance markets. During its quarterly earnings conference call with investors Wednesday, Tesla, Inc (NASDAQ:TSLA) announced that it expanded its “real-time” auto insurance offering into three additional states earlier this week. In response to a question asking for […]
Percentage of Dealers Operating Auto Body Shops Declined Again in 2021
Both the percentage of dealers operating collision repair facilities and dealership shop sales decreased last year versus pandemic impacted 2020. According to the latest research from the National Automobile Dealers Association (NADA), the percentage of dealerships operating on-site body shops was down in 2021 versus the previous year. NADA’s research pegs the percentage of dealers […]
Classic Collision Acquires Repair Center in Houston, Texas
Classic Collision announced the acquisition of Uptown Collision in Houston, Texas. Uptown Collision Center has serviced Houston Galleria and Metro Houston since 2010. Their goal was to expedite the vehicle repair process to ensure the customer is on their way in their repaired vehicle as soon as possible. “This business has brought a good service […]
LexisNexis U.S. Auto Insurance Trends Report Details Trends in the Aftermath of Pandemic-Induced Supply Shortages, High Inflation Rates, New Driving Behaviors
LexisNexis Risk Solutions today released its 2022 U.S. Auto Insurance Trends Report, which aggregates annual market data about driving behaviors, auto insurance shopping, underwriting and claims to help insurers better navigate a myriad of evolving trends impacting the U.S. auto insurance industry. This year’s report analyzes 2021 data, detailing how the industry continues to navigate […]
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