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Collision Repair Facilities Reporting Improved Sales in March as Pandemic Impact Eases

April 30, 2021 By CollisionWeek Editor

Collision Repair Business Conditions

Unfortunately, nearly half of collision repair shops continue reporting lower sales compared to last year. The shop size weighted sales declined at lowest level since start of pandemic. The largest percentage of collision repair facility operators reported higher sales compared to last year in March since the start of the pandemic. It is important to […]

Filed Under: Research Tagged With: Business Conditions

Boyd Group Acquires Two Collision Repair Centers in Texas

April 30, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of two collision repair centers in Texas. The new Gerber Collision & Glass repair centers operated as Pro Care Collision, founded in 2001 with a location in Flower Mound followed by the addition of a Denton location in 2017. Both cities are located within the Dallas-Fort Worth metropolitan […]

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

Safelite Acquires Auto Glass Provider in Michigan

April 30, 2021 By CollisionWeek Editor

Safelite Group announced the acquisition of Troy Auto Glass in Troy, Mich. The transaction was completed on Wednesday, April 28. “Welcoming associates from Troy Auto Glass is such a great pleasure,” said Tom Feeney, president and CEO of Safelite Group. “Their talented team takes pride in providing old-fashioned and friendly service, earning them a highly […]

Filed Under: News Tagged With: Acquisitions, Michigan, Safelite

Toyota Insurance Management Solutions Establishes its National Headquarters in Texas

April 30, 2021 By CollisionWeek Editor

Toyota Insurance Management Solutions (TIMS) announced it established its first official office space and national headquarters in Plano, Texas.  The grand opening of this new office, located in the Legacy West business district, was commemorated with a ribbon cutting ceremony and site tour.  Guests included TIMS executive leadership, as well as Plano’s Mayor Harry LaRosiliere, […]

Filed Under: News Tagged With: Openings, Toyota Insurance Management Solutions

asTech Adds Live Chat

April 30, 2021 By CollisionWeek Editor

asTech announced it is now offering a new live-chat feature, making it easier for customers to communicate with technicians. The chat feature is available on the company’s mobile app, native app and via asTech.com. The live-chat will allow customers to: Chat back and forth to discuss fixes on the vehicle; See when an asTech technician […]

Filed Under: News Tagged With: asTech, Diagnostics

LKQ Reports First Quarter Revenue of $3.2 Billion, Up 5.7% from Last Year

April 29, 2021 By CollisionWeek Editor

LKQ Organic Parts and Service Revenue Q1 2021

Parts and services organic revenue increased 0.6% overall and 2.2% on a per day basis during the quarter. March was up 15.7% on per day basis. LKQ Corporation (NASDAQ:LKQ) today reported first quarter 2021 revenue was $3.2 billion, an increase of 5.7% as compared to $3.0 billion in the first quarter of 2020. For the […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

CAR Coalition/YouGov Survey Says 79% Of Car Owners Say There Should Be a Law Prohibiting Vehicle Manufacturers from Blocking Vehicle Data Access

April 29, 2021 By CollisionWeek Editor

The CAR Coalition, a group of independent automotive parts, management and repair companies, associations, and insurers released the findings of a national poll focused on consumer choices in auto repair. According to the poll conducted by YouGov, 79 percent of consumers believe that automakers should be prevented by law from restricting access to vehicle data. […]

Filed Under: News Tagged With: CAR Coalition, Data Access, OEM Repair Procedures, Right to Repair, Telematics

ASA X50 Offers Online Collision Repair Training Tomorrow and Saturday

April 29, 2021 By CollisionWeek Editor

ASA and its affiliates from across the U.S. invite collision repair professionals to the ASA X50 Conference & Expo, a two-day event April 30 and May 1. The event will offer five classes for collision repairers including OEM training from GM & AUDI North America. Friday, April 30 GM Driving Technology: Advanced Technologies in ADAS […]

Filed Under: News Tagged With: Annual Conference, Automotive Service Association

AASP-MN Awards $21,000 in Scholarships to Automotive and Collision Repair Students

April 29, 2021 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced scholarship awards totaling $21,000 to help automotive service and collision repair students pay for tuition or tools during the 2021-22 school year. The scholarships are in the amount of $1,500 and are made possible with the generous donations from the Minnesota State I-CAR Committee and […]

Filed Under: News Tagged With: AASP-MN, Minnesota, Scholarships, Workforce Development

Baidu Apollo Launching Fully Driverless Ride-Hailing Services in China

April 29, 2021 By CollisionWeek Editor

Baidu Apollo Self-Driving Taxi

Passengers can experience a driverless autonomous driving service at Beijing’s Shougang Park. Baidu, Inc. (NASDAQ: BIDU) will open fully driverless robotaxi services to the public in Beijing starting from May 2, that will be China’s first paid autonomous vehicle service where users can hail a robotaxi without a safety driver behind the steering wheel, marking […]

Filed Under: News Tagged With: Asia, Autonomous Vehicles, Baidu Apollo, China

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