Classic Collision, LLC announced it acquired Bentley’s Collision Center in the Atlanta, Ga. market. Classic Collision now has 31 Georgia locations and operates 66 centers total in Georgia, Florida, Alabama, South Carolina, and California. Bentley’s Collision Center is a family owned and operated Certified Body Shop that has been in business for over 41 years. […]
Massachusetts Towing Company Owner Sentenced for Tax Fraud and Evading Cash Transaction Reporting
The owner of a Revere, Mass. towing company was sentenced on charges of engaging in an under-the-table payroll fraud scheme that defrauded the government of more than $3.3 million. Gennaro Angiulo, 49, of Nahant and Saugus, was sentenced by U.S. Senior District Court Judge Douglas P. Woodlock to 42 months of probation with 18 months […]
BASF Extends Refinish Commercial Supplier Agreement with Mercedes- Benz in Asia Pacific Region
BASF has recently secured a multi-year contract with Mercedes-Benz in the Asia Pacific (APAC) region that extends its longstanding, commercially approved supplier status with the car company to Australia, Japan, Malaysia, South Korea, Taiwan and Thailand. The agreement, which builds upon its agreement with Mercedes-Benz in the Europe, Middle East and Africa region, includes its […]
ASE and I-CAR Continue Collaboration to Support Collision Repair Training and Education
The National Institute for Automotive Service Excellence (ASE) and the Inter-Industry Conference on Auto Collision Repair (I-CAR) continue their collaboration and commitment to collision repair knowledge and skill excellence. The goal of this joint effort is to align education, training and certification requirements between the organizations in an effort to make it easier for Career […]
Third Quarter 2020 Collision Repair Employment Down 9.6% Versus 2019
Just three states reported growth in employment in third quarter compared to previous year. Average weekly wage up less than one percent. An analysis of U.S. auto body repair facilities, employment and wages by state illustrates the dramatic impact of the pandemic on collision repair employment and the total wages paid to employees. Average weekly […]
Chubb Limited Proposes to Acquire The Hartford
Chubb Limited (NYSE:CB) and The Hartford (NYSE:HIG) confirmed that Chubb made an unsolicited offer to acquire the company. The Hartford was the 20th largest private passenger automobile insurer in the U.S. with over $2 billion premiums written in 2019 and the 12th largest commercial auto insurer with over $775 million in premiums written. Chubb is […]
SPAC Merger Talks Involving Solera Holdings Reportedly Halted
Bloomberg yesterday reported that merger talks have halted between the special purpose acquisition company (SPAC) Apollo Strategic Growth Capital (APSG) and Vista Equity Partners to merge with three of Vista’s automotive software portfolio companies, including Solera Holdings. According to Bloomberg, the talks involved a potential $15 billion transaction that would have merged Solera Holdings, Inc., […]
Registration Open for WIN Virtual Annual Conference
The Women’s Industry Network (WIN) has opened registration for its 2021 Annual Conference. The conference will take place virtually on May 4-5. Programming begins at 10 a.m. each day and will conclude between 3 and 4 p.m. (EDT). The first 150 conference registrants will receive a ‘WIN Swag’ gift box. More information and registration for […]
AASP-MN Announces May 20 In-Person Annual Meeting
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced that, with the recent easing of COVID-19 restrictions, its Annual Meeting and Leadership Conference will take place as an in-person event. The conference will be held Thursday, May 20, at Nicollet Island Pavilion in Minneapolis, Minn. “Celebrating Resilience,” is this year’s theme. Although the event […]
Interview: Mary Mahoney, Enterprise
In our video interview, Mahoney details the new collision engineering pilot program designed to attract and train the next generation of collision repair technicians. In January, Enterprise Holdings announced the launch of its Automotive Collision Engineering Pilot Program, a collaboration of the Enterprise Rent-A-Car Foundation and Ranken Technical College. The program is designed to attract […]
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