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Podium Introduces Card Readers

April 8, 2021 By CollisionWeek Editor

Podium, the communication and payments platform, announced the release of Podium Card Readers, point-of-sale connected devices that provide more ways for local businesses to collect and manage their payments. The company’s first physical products, Card Readers drive repeat business and enable frictionless payments via text and in-store, allowing local businesses to connect payments to the […]

Filed Under: News Tagged With: Payment Processing, Podium

Volkswagen AG Approves Car-O-Liner Resistance Spot Welder

April 8, 2021 By CollisionWeek Editor

VAS 6755A

Car-O-Liner announced it has received another prestigious approval from Volkswagen Automotive Group for its VAS 6755A fully automatic resistance spot welder. “We are proud to announce the newest addition to our Volkswagen-approved systems, the Car-O-Liner VAS 6755A welder,” said Tim Garner, market development manager for Car-O-Liner. “The VAS6755A resistance welder was certified by third-party testing […]

Filed Under: News Tagged With: Approvals, Car-O-Liner, Volkswagen, Welding

March Light Vehicle Sales Shatter Expectations in the U.S.

April 7, 2021 By CollisionWeek Editor

US Light Vehicle Sales March 2021

Annual selling rate of 18 million units is the highest ever for the month. Despite global production interruptions caused by parts shortages, US sales rebounded strongly in March. LMC Automotive reports that volumes reached 1.61 million Light Vehicles, making this the third best March in history – with higher volumes only recorded in 2000 and […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

Boyd Group Acquires Collision Repair Center in Milwaukee

April 7, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Milwaukee, Wisconsin. The new Gerber Collision & Glass location operated as Prestige Auto Works and has served this market for nearly 40 years. Milwaukee is the largest city in Wisconsin with a metropolitan population of over 2 million people and is the […]

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

Auto Care Association Says Supreme Court Ruling Affirms Industry Ability to Build Replacement Parts Compatible with OEM Software

April 7, 2021 By CollisionWeek Editor

The Auto Care Association reacted in support of the Supreme Court’s ruling in the Google v. Oracle case surrounding a decade-long copyright dispute over software. “The Auto Care Association is pleased with the April 5 decision by the Supreme Court, which stated that application program interfaces are fair use for building compatible components,” said Aaron […]

Filed Under: News Tagged With: Auto Care Association, Copyright, Lawsuits, Non-OEM Parts, Software, U.S. Supreme Court

Hertz Selects Equity Sponsor for Chapter 11 Exit

April 7, 2021 By CollisionWeek Editor

Hertz Global Holdings, Inc. (OTCPK:HTZGQ) announced April 3 that it has selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partners, LLC to provide the equity capital required to fund Hertz’s exit from Chapter 11, keeping the Company on track to conclude its Chapter 11 case in June 2021. Hertz […]

Filed Under: News Tagged With: Hertz

State Farm Reports Average Auto Hail Damage Claim $4,300 in 2020

April 7, 2021 By CollisionWeek Editor

Severe weather resulted in more than 332,000 hail claims paid by State Farm in 2020. While fewer claims than 2019, the amount paid on property and auto damage increased totaling more than $3.1 billion. Total Hail Claims Paid | Home & Auto Texas $474.6M Illinois $394.2M Minnesota $259.2M Missouri $236.9M Colorado $207.9M The average homeowner […]

Filed Under: News Tagged With: Claim Severity, Hail, State Farm

PPG Adds SEM Products to AdjustRite Commercial Estimating System

April 7, 2021 By CollisionWeek Editor

PPG AjustRite SEM

PPG (NYSE:PPG) today announced that it has expanded the capabilities of the PPG AdjustRite commercial estimating system by adding SEM adhesives, sealers and undercoats to the platform’s Commercial Parts Listing Program supplier database. SEM Products, Inc., manufactures specialized automotive refinish products and was acquired by PPG in 2018. “We’re very pleased to add SEM products […]

Filed Under: News Tagged With: Estimating Systems, Heavy Duty Trucks, PPG Industries, SEM Products

Rhode Island Woman Charged with Embezzling $580,000 from Collision Repair Shop

April 6, 2021 By CollisionWeek Editor

US DOJ Rhode Island Seal

Secretary redirected insurance checks to her personal and family member accounts during two-year period. A Pawtucket, R.I. woman was arraigned in federal court in Providence on April 1 and released on personal recognizance, charged with allegedly executing a scheme to defraud her auto body repair shop employer of approximately $580,000. It is alleged in the […]

Filed Under: News Tagged With: Lawsuits, Rhode Island

Boyd Group Acquires Collision Repair Center in California

April 6, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Simi Valley, California. The new Gerber Collision & Glass location originated in 1982 as Star Auto Body and has operated at the current location since 2000. Simi Valley is part of the Greater Los Angeles area, located in the southeast corner of […]

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

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