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Collision Repair Industry Production Up Over 3% in August Compared to 2018

November 26, 2019 By CollisionWeek Editor

Collision Repair Industry Production August 2019

Production in the U.S. was up in August versus 2018 and from the previous month. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in August 2019 was up compared to August 2018 and up versus July. Production, however, remains […]

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

Boyd Group Acquires Collision Repair Center in Nashville

November 26, 2019 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Nashville, Tennessee. The new Gerber Collision & Glass location previously operated as Whaley Body Shop and has been part of the community for over 60 years and at the current location since 1982. Nicknamed “Music City, USA,” Nashville is the capital and […]

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

US Economy Projected to Continue Slow and Steady Growth in 2020-2021

November 26, 2019 By CollisionWeek Editor

The U.S. economy, buoyed by low unemployment rates along with robust consumer spending, marked its longest expansion in history this summer yet the pace of growth has cooled. Get ready for a continued slowdown ahead, as growth slides from 2.9% a year ago to 2.3% this year, and to 1.7% in 2020-21, according to University […]

Filed Under: News Tagged With: Economic Growth, University of Michigan

Central Massachusetts I-CAR Committee Axe Tournament Raises Thousands for Collision Repair Schools

November 26, 2019 By CollisionWeek Editor

On November 14, over 30 industry vendors, auto body instructors, members of the Alliance of Automotive Service Providers of Massachusetts (AASP/MA) and I-CAR representatives gathered for the Central Massachusetts I-CAR Committee’s inaugural Axe Tournament. The event, held at Half Axe in Marlborough, Mass., served as a fundraiser for the Collision Repair Education Foundation (CREF) in […]

Filed Under: News Tagged With: Collision Repair Education Foundation, Fundraiser, I-CAR, Massachusetts

Vehicle Data Access Petition to Congress Reaches 15,000 Signatures

November 26, 2019 By CollisionWeek Editor

A petition created by the national education and advocacy campaign Your Car. Your Data. Your Choice. reached 15,000 petition signatures on Friday, Nov. 22, marking a significant milestone in the effort to ensure drivers have direct access to and control of their car data.  “Support for a driver’s right to choose who controls their car […]

Filed Under: News Tagged With: Auto Care Association, Automotive Aftermarket Suppliers Association, Data Access

AASP/NJ Supports Career Fair

November 26, 2019 By CollisionWeek Editor

On November 21, the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) participated as a sponsor of the New Jersey Area High School/College Transportation Career Fair at the Mercedes Benz Learning & Performance Center in Robbinsville which was organized by the Collision Repair Education Foundation. AASP/NJ Executive Director Charles Bryant, President Jerry McNee and […]

Filed Under: News Tagged With: AASP-NJ, Career Fairs, Collision Repair Education Foundation, Mercedes-Benz

Consumer Confidence Continues to Propel Economy Forward

November 25, 2019 By CollisionWeek Editor

Consumer Confidence November 2019

University of Michigan research sees consumer spending increasing in 2020. The Consumer Sentiment Index rose to 96.8 in November 2019, posting its third monthly increase, but remained slightly below last November’s 97.5. The Expectations Index rose slightly to 87.3 from last month’s 84.2 but remained below last year’s 88.1. The Current Conditions Index fell to […]

Filed Under: News Tagged With: Consumer Sentiment Index

Fix Auto Canada Adds New Collision Repair Center to Network in Ontario

November 25, 2019 By CollisionWeek Editor

Fix Auto Canada announced that Fix Auto Cornwall has joined its network in Ontario. Owner David Andre has been in the automotive industry for 25 years, with 10 of those years as a shop owner. “It was a combination of family history and a passion for repairing cars that got me into the industry initially,” […]

Filed Under: News Tagged With: Canada, Fix Auto Canada, Network Affiliations, Ontario

U.S. Property/Casualty Insurers Preliminary Nine-Month 2019 Results Show 13% Underwriting Income Increase

November 25, 2019 By CollisionWeek Editor

A.M Best reports the U.S. property/casualty (P/C) industry’s net underwriting income improved in the first nine months of 2019 by 13% compared with the same prior-year period to $4.5 billion, as growth in net earned premiums offset year-over-year increases in incurred losses and loss adjustment expenses, underwriting expenses and policyholder dividends. This financial review is […]

Filed Under: News Tagged With: A.M. Best, Earnings, Property Casualty Insurance

Driving the Future Theme for the May 3-5 WIN Educational Conference

November 25, 2019 By CollisionWeek Editor

WIN 2020 Conference logo

The Women’s Industry Network (WIN) announced details on its next Educational Conference being held May 3-5in Newport Beach, Calif.  “Driving the Future” is the 2020 theme for the two-and-a-half-day event that brings education, connection and celebration to collision industry professionals each year.  “Being held in one of the most iconic locations in California, Newport Beach […]

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

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