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Collision Repair Industry Production Down Over 20% Compared to 2019 to Over 20 Year Low in April Due to Pandemic

July 9, 2020 By CollisionWeek Editor

Collision Repair Industry Production April 2020

Employment down over 36,000 or nearly 15%. Preliminary results for May showed significant improvement, but there is still a long way to go to get to pre-pandemic production levels. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering final April and preliminary May employment, hours […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Paycheck Protection Program, Wages

VeriFacts Automotive Announces Partnership with the CARS Cooperative

July 9, 2020 By CollisionWeek Editor

VeriFacts Automotive announced that it had been selected as the provider of independent, third-party collision repair business coaching, evaluation and verification services for the CARS Cooperative and its members. Through the partnership, CARS Cooperative members will receive special pricing on new services with VeriFacts Automotive, including: Third-party, independent in-shop review and quality calibration to help […]

Filed Under: News Tagged With: Agreements Signed, CARS Cooperative, Certification, VeriFacts Automotive

Women’s Industry Network Hosting July 14 Webinar

July 9, 2020 By CollisionWeek Editor

The Women’s Industry Network (WIN), will be sponsoring its next virtual event, The 411 on WIN, an informative webinar on Tuesday, July 14, from 1 – 2 p.m. (EDT) where prospective members can learn about WIN, and new members can learn how to get more involved in the organization. Registration for the July 14 WIN […]

Filed Under: News Tagged With: Webinar, Women's Industry Network

Canadian Collision Industry Forum Plans Virtual Event October 7-8

July 9, 2020 By CollisionWeek Editor

The Canadian Collision Industry Forum announced that due to ongoing concerns due to the COVID-19 pandemic, its fall meeting, originally planned for September 24-25 in Vancouver, B.C., will instead be a virtual experience on October 7-8. According to the organizers, attendees will be able to network in virtual spaces via text, audio and video chat; […]

Filed Under: News Tagged With: Canadian Collision Industry Forum, Webinar

Anest Iwata Joins Sherwin-Williams and Larsen Motorsports to Support Scholarship Program

July 9, 2020 By CollisionWeek Editor

Anest Iwata logo

Anest Iwata is joining the partnership started by Sherwin-Williams Automotive Finishes and Larsen Motorsports (LMS) in 2019 that established the Blazing Trails Scholarship Fund, a 501(c)3) addressing the talent shortage facing the collision repair industry by providing financial aid to prospective automotive technicians. The spray and finishing equipment manufacturer will support the scholarship fund and […]

Filed Under: News Tagged With: Anest Iwata, Scholarships, Sherwin-Williams

Collision Repair Industry Cautious on SEMA Attendance in Face of Pandemic Safety Concerns

July 8, 2020 By CollisionWeek Editor

Concerns Impacting Plans on 2020 SEMA Attendance

Over half of collision repair industry respondents to our survey said they were likely not or definitely not planning to attend this year’s event and the meetings surrounding it due to safety concerns. The majority of collision repair industry participants, insurers and suppliers who responded to a CollisionWeek survey on their plans to attend SEMA, […]

Filed Under: Research Tagged With: Coronavirus, SEMA

Allstate Acquires National General

July 8, 2020 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced it will acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions. “Acquiring National General accelerates Allstate’s strategy to increase market share in personal property-liability and […]

Filed Under: News Tagged With: Acquisitions, Allstate Insurance, National General

BASF Recognized as 2019 GM Supplier of the Year and Overdrive Award Winner

July 8, 2020 By CollisionWeek Editor

BASF was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24. This is the 15th time BASF has received the award. The company was also honored with the Overdrive Award for Sustainable Construction […]

Filed Under: News Tagged With: Awards, BASF, General Motors, Supplier of the Year Award

IADA Hosting Auto Appraiser Summit Webinar July 24

July 8, 2020 By CollisionWeek Editor

The Independent Auto Damage Appraisers’ Association (IADA) announced it will be hosting the first ever Auto Appraiser Summit on July 24, 2020 at 2 p.m. (EDT). Registration for the event is available online. This event will feature leaders from around our industry giving presentations on the newest technology, the latest education, modern tools and platforms […]

Filed Under: News Tagged With: Independent Auto Damage Appraisers, Webinar

Gas Consumption Down Slightly for Week Ending June 26

July 7, 2020 By CollisionWeek Editor

While week-on-week deliveries were down, the four week moving average of gas supplied to the U.S. market is now down less than 16% compared to 2019. Data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was down slightly for the week ending June 26 after a large increase the previous week. For the […]

Filed Under: Research Tagged With: Gasoline Demand

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