Refinish volume improved but remain below pre-pandemic levels. PPG (NYSE:PPG) reported record fourth quarter 2021 net sales of approximately $4.2 billion, an increase of 12% versus last year that was negatively impacted by the pandemic. According to the company, while underlying demand in most end-use markets remained strong, fourth quarter results continued to be significantly […]
U.S. Length of Rental Up 3.9 Days in Fourth Quarter Compared to 2020
Latest data from Enterprise Rent-A-Car show impact of higher used vehicle prices, staff shortages and parts supply disruptions on the collision repair market. The 3rd quarter of 2021 saw average Length of Rental (LOR) for collision replacement-related rentals increase almost three full days compared to 2020. How did the final quarter of 2021 fare? Historically, […]
ASE Announces New Officers for 2022
The National Institute for Automotive Service Excellence (ASE) announced its officers for its 2022 board of directors that were elected during the annual ASE board meeting held in Arizona. “The ASE volunteer leadership board provides invaluable knowledge and expertise that helps ASE keep abreast of industry trends and continue to provide exceptional service to all […]
U.S. International Trade Commission Launches Investigation into Aftermarket Lamps Patent Infringement
Following complaints from Hyundai and Kia, the Commission launches two Section 337 investigations into aftermarket lamps that vehicle manufacturers say violate their patents The U.S. International Trade Commission (USITC) has voted to institute two Section 337 investigations into aftermarket replacement automotive lamps. The investigations are based on complaints filed by Kia Corporation, of Seoul, Republic […]
Garnett Station Partners Invests in VIVE Collision
Garnett Station Partners, LLC, a New York-based principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages approximately $1 billion of assets, today announced it has made a growth investment into VIVE Collision a collision repair multi-site operator. Financial terms of the transaction were not disclosed. Founded in 2021 by Vartan […]
ABRA Adds Collision Repair Center to Network in South Dakota
ABRA Auto Body Repair of America announced its expansion in South Dakota with the addition of a new collision repair center in Mitchell, S.D. The 7,000 sq. ft. facility, ABRA Mitchell, located at 715 S Main St. in Mitchell, has been a part of the Mitchell community for over 25 years. New owners, Chet Lockwood, […]
Toyota Announces New Certified Collision Center in Minneapolis
Toyota Motor North America, Inc. (TMNA), announced Luther Collision and Glass of Minneapolis, Minn., as its newest Toyota Certified Collision Center (TCCC). Collision Centers can earn Certification from Toyota based on meeting extensive criteria including advanced Collision training, evaluation of Collison center’s operations including facility, business practices, employee certifications, and equipment benchmark achievements. “It’s a […]
Opus IVS and 1Collision Network Announce Nationwide Diagnostic Partnership
1Collision, the national group of independently-owned collision repair centers, has entered into an agreement to deploy the Opus IVS DriveSafe collision scanning solution to its network of Affiliate locations. 1Collision worked with Opus IVS, formerly known as Drew Technologies, to create an efficient workflow process for DriveSafe – allowing shops to improve cycle time while […]
Caliber Acquires 1400th Collision Repair Center
Enters 40th State with Omaha, Nebraska location. The Caliber family of brands – including Caliber Collision, Caliber Auto Care, Caliber Auto Glass, announced it hit another growth milestone with its 1400th collision repair center in Omaha, Neb. Caliber now operates in 40 states, with continued expansion planned in 2022. “When Caliber grows, so do the […]
All Star Auto Lights Acquires Autolights
All Star Auto Lights, a specialty distributor of alternative automotive parts and a portfolio company of Atlantic Street Capital, announced the acquisition of Autolights. Autolights sells refurbished headlights, taillights, and fog lights primarily to the collision repair industry and automotive dealers. Autolights was founded in 2009 and is headquartered in Ferndale, Mich. within the Detroit […]
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