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Boyd Group Opens New Collision Repair Center in Texas

August 12, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the opening of a Gerber Collision & Glass collision repair center in Round Rock, Texas. This repair center is located near a well-traveled interstate, approximately 20 miles northeast of Austin by an area with a population of 2.3 million people. Round Rock is home to an international technology company headquarters […]

Filed Under: News Tagged With: Boyd Group, Openings, Texas

Collision Claims Down 13% in First Quarter Compared to 2020

August 12, 2021 By CollisionWeek Editor

Private Passenger Automobile Collision Claims and Losses Q1 2021

While improving from the 35% decline in second quarter of 2020, the first quarter benefited from a weak comparison last year at start of pandemic. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses have continued to rebound from the historic impact from the […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Losses

State Farm and Hagerty Partner on Classic Car Insurance

August 12, 2021 By CollisionWeek Editor

State Farm Hagerty Partnership

State Farm, the largest insurer of private passenger vehicles in the U.S., is collaborating with Hagerty to introduce new coverage for classic vehicles beginning in 2022. “We’re thrilled this strategic alliance will position State Farm agents to help customers protect their classic vehicles while giving them an opportunity to connect with a community of car […]

Filed Under: News Tagged With: Agreements Signed, Hagerty, State Farm

Midwest Auto Body Trade Show September 30-October 2 in Iowa

August 12, 2021 By CollisionWeek Editor

The 9th Annual Midwest Auto Body Trade Show will be held September 30-October 2 at the Riverside Casino and Golf Resort in Riverside, Iowa. The event kicks off at noon Thursday, September 30th with the Iowa Industry Golf Tournament. Friday morning, the Midwest Auto Body Trade Show is hosting an inaugural Midwest Association Leaders Meeting […]

Filed Under: News Tagged With: Midwest Auto Body Trade Show

Registration for September 15-16 HD Repair Forum Open

August 12, 2021 By CollisionWeek Editor

Registration is open for the 2021 HD Repair Forum conference, set to take place Wednesday and Thursday, September 15-16, in Cleveland, Ohio. The meeting is co-located with the American Trucking Association’s Technology & Maintenance Council’s fall meetings. The HD Repair Forum’s program will follow a similar format as in year’s past, spanning two days with […]

Filed Under: News Tagged With: HD Repair Forum

Boyd Group Reports Sales Up Over 44% in Second Quarter Compared to Pandemic Impacted 2020

August 11, 2021 By CollisionWeek Editor

Same store sales up over 34%. Boyd Group Services Inc. (TSE:BYD.TO) today announced sales increased by 44.4% to $444.6 million in the second quarter ended June 30 from $308.0 million in the same period of 2020. Same-store sales increased 34.5%, recognizing the same number of selling and production days in the U.S. and Canada in […]

Filed Under: News Tagged With: Boyd Group, Earnings

Classic Collision Acquires Two Collision Repair Centers in California

August 11, 2021 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of two Prestigious Auto Body & Painting locations in California. Classic Collision now operates a total of 102 repair centers in Alabama, Alaska, California, Florida, Georgia, Oregon, South Carolina, and Washington. Prestigious Auto Body & Painting has been in business in the Santa Barbara market for over 30 years. […]

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

National Oak Distributors Acquires PBE Jobbers Warehouse

August 11, 2021 By CollisionWeek Editor

Prairie Capital Advisors, Inc. announced its client PBE Jobbers Warehouse, Inc. has been acquired by National Oak Distributors, Inc. Prairie acted as exclusive financial advisor in this transaction to PBE Jobbers and its shareholders and was led by Tim Witt and Anthony Dolan of Prairie. Terms of the transaction were not disclosed. Founded in 1976 […]

Filed Under: News Tagged With: Acquisitions, California, Connecticut, Florida, Illinois, Michigan, National Oak Distributors, Ohio, Texas, Wisconsin

Toyota Partners with CCC on Mobile Collision Assistance Service

August 11, 2021 By CollisionWeek Editor

Toyota Debuts Mobile Collision Assistance Service

Post-collision guidance feature helps Toyota and Lexus drivers file claim, find collision repair shop, through smartphone app. Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision. Collision Assistance, a just-in-time support service, is now available to drivers within the Toyota and Lexus mobile app. The […]

Filed Under: News Tagged With: Agreements Signed, CCC, FNOL, Mobile App, Toyota

PartsTrader Hosts Q3 Virtual Collision Repair Industry Update September 2

August 11, 2021 By CollisionWeek Editor

PartsTrader announced it will host a virtual collision repair industry update event on September 2 at 1 p.m. (EDT). The free, live, interactive event offers a way for industry professionals to get vital information about current trends affecting their business. “I look forward to showing the latest trends on parts supply; on a part type […]

Filed Under: News Tagged With: PartsTrader, Webinars

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