The Caliber family of brands, including Caliber Collision, alongside Caliber Auto Care and Caliber Auto Glass, are celebrating the 25th anniversary of the opening of its first company owned collision repair center in California in 1997. Over the following 25 years, Caliber grew to more than 1,450 locations in 40 states and continued growing by […]
Wake Tech College Adds Collision Repair Degree Program at New Hendrick Center for Automotive Excellence
Wake Tech celebrated the opening of its new Hendrick Center for Automotive Excellence April 13. Governor Roy Cooper, automotive industry icon Rick Hendrick and other elected officials and industry partners cut the ribbon on the $42 million state-of-the-art facility on Wake Tech’s Scott Northern Wake Campus in Raleigh, N.C. The facility will allow the college […]
Mitchell and Tractable to Make AI-Enabled Straight-Through Claims Processing Available to North American Insurers
Mitchell, an Enlyte company, demonstrated its end-to-end claims automation solution for attendees of Tractable’s Vision Summit. The solution allows North American carriers to use Mitchell Intelligent Estimating with Tractable AI for straight-through processing in automotive insurance claims, helping to expedite payments and meet consumer expectations for a seamless, digitally driven experience. Mitchell and Tractable recently […]
Office Occupancy Trending Upward
Kastle Systems says top companies are bringing employees back to the office. Spring school holidays lowered occupancy last week. Kastle Systems’ 10-city Back to Work Barometer hit 42.8% last week, a slight decrease from the previous week’s 43.1% rate. The company believes the decline is likely due to workers taking time off during their children’s […]
IAA Expands Branch in Central California
IAA, Inc. (NYSE: IAA) announced the expansion of the IAA Fresno (CA) branch. This investment increases the branch’s capacity by over 50% to support additional client needs in the area. The San Joaquin Valley is a key market, and this expansion further solidifies IAA’s commitment to its buyer and seller clients. “Expanding the IAA Fresno […]
Justice Department Files Suit Against Virginia Towing Company That Auctioned Off Servicemembers’ Vehicles
The Justice Department filed a lawsuit in the U.S. District Court for the Eastern District of Virginia alleging that Steve’s Towing Inc. in Virginia Beach, Va., violated the Servicemembers Civil Relief Act (SCRA) by failing to obtain court orders before auctioning off vehicles belonging to at least seven SCRA-protected servicemembers, including two vehicles belonging to […]
Houston I-CAR Committee Reports Success After Adopting Kingwood Park High School Collision Repair Program
Getting involved with local collision repair training programs can seem daunting, but the rewards are well worth the effort, as Chris Ryland, Houston I-CAR Committee Chair and instructor, can attest. Since the Houston I-CAR Committee “adopted” Kingwood Park High School, the positive impacts have been apparent. “We’re seeing an influx of students. The more we’ve […]
LKQ Debt Rated Investment Grade
LKQ Corporation (NASDAQ:LKQ) today announced that S&P Global Ratings raised the Company’s issuer credit rating to an investment grade rating of BBB- from BB+. Additionally, S&P raised the Company’s issuer-level rating on its unsecured debt to BBB- from BB+. S&P’s rating outlook for LKQ Corporation is stable. “Achieving investment grade status with S&P is further […]
Collision Repair Industry Production at Record Level in February
Production and total employment forecast set new record high level in February. Hours worked flat with January. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary February collision repair employment, hours worked and wages indicated growth on a year-over-year basis to a new […]
Crash Champions Acquires Two Collision Repair Centers in New Mexico in Separate Transactions
Crash Champions, LLC announced today that it has expanded its presence in the Santa Fe, N.M. metropolitan area through the acquisitions of Custom Craft Auto Collision, a single shop located at 4587 B Highway 14 in Santa Fe, and Don Juan’s Certified Collision Care, a single shop located at 2855 Rufina Street in Santa Fe. […]
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