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IAA Reports Revenue Up Over 11% in Third Quarter

November 14, 2019 By CollisionWeek Editor

IAA, Inc. (NYSE:IAA) announced consolidated revenues increased 11.3% to $357.3 million results for the third quarter of fiscal 2019, which ended September 29, up from $321.1 million in the third quarter of fiscal 2018. John Kett, Chief Executive Officer and President, stated, “We are pleased with our third quarter top and bottom line performance. Our […]

Filed Under: News Tagged With: Earnings, Insurance Auto Auctions

National Auto Body Council Receives National Award for its First Responders Emergency Extrication Program

November 14, 2019 By CollisionWeek Editor

The National Auto Body Council was honored by the American Society of Association Executives (ASAE) with its highest award, the Power of A Summit Award for its First Responders Emergency Extrication (FREE) Program, an initiative to provide first responders with the latest extrication training along with actual hands-on extrication practice working on late model vehicles […]

Filed Under: News Tagged With: Awards, First Responder Emergency Extrication, National Auto Body Council

Boyd Group Reports Revenue Up 23.4% in Third Quarter

November 13, 2019 By CollisionWeek Editor

Same store sales up 1.7% on days adjusted basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its third quarter sales increased by 23.4% to CA$567.0 million ($428.19 million) from CA$459.6 million ($347.08 million) in 2018, including same-store sales increases of 3.3%. Same store sales increased 1.7% on a days adjusted basis, recognizing one additional […]

Filed Under: News Tagged With: Boyd Group, Earnings

BMW North America Chooses CCC for Collision Repair Parts Marketing

November 13, 2019 By CollisionWeek Editor

CCC Information Services Inc. (CCC) and BMW of North America (BMW) announced that the vehicle manufacturer will use CCC Promote technology to provide dealers with a new marketing solution to price and promote parts to thousands of collision repair facilities while estimates are being written. CCC Promote offers OEMs a way to present promotional pricing […]

Filed Under: News Tagged With: Agreements Signed, BMW, CCC, OEM Parts

LORD Corporation Sales Leads to $1 Billion Donation to Fund Education and Research at Four Institutions

November 13, 2019 By CollisionWeek Editor

The sale of LORD Corporation, the century-old, privately-held manufacturing company, to Parker-Hannifin has led to the distribution of more than $1 billion to four charitable foundations that support institutions seeking to advance education and research. Cleveland Clinic, Duke University, the Massachusetts Institute of Technology (MIT) and the University of Southern California (USC) will benefit from […]

Filed Under: News Tagged With: Donations, Lord Corporation

CARSTAR Celebrates 30th Anniversary By Donating 30 Recycled Rides for Veterans

November 13, 2019 By CollisionWeek Editor

In its 30th anniversary year, CARSTAR is proud to celebrate the 30 vehicles it has donated to veterans as part of its partnership with the National Auto Body Council Recycled Rides program for veterans. CARSTAR has been a partner of NABC Recycled Rides for veterans since 2012, where insurers, collision repairers, paint suppliers, parts vendors […]

Filed Under: News Tagged With: CARSTAR, National Auto Body Council, Recycled Rides

Bill Shaw Receives Collision Industry Foundation Distinguished Service Award

November 12, 2019 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced that the first-ever CIF Distinguished Service Award was presented to long-time Board member, Bill Shaw from PPG, at the SEMA Red Carpet awards breakfast on November 6. The award was created to highlight an individual’s exceptional efforts in support of the CIF mission and vision. Shaw joined the CIF […]

Filed Under: News Tagged With: Awards, Collision Industry Foundation, People

LKQ Corporation Announces ADAS Calibration Promise for Collision Repair Parts

November 12, 2019 By CollisionWeek Editor

LKQ Promise of Calibration

Company states warranted parts suitable for vehicles equipped with advanced driver assistance systems. LKQ Corporation announced it is introducing its Promise of Calibration that warrants collision repair parts it sells are suitable for advanced driver assistance systems (ADAS) and will support proper calibration. The Promise of Calibration states:  “LKQ Corporation warrants that all recycled OEM, […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, LKQ Corporation, Non-OEM Parts, Recalibration, Recycled Parts

Fix Auto Canada Adds Collision Repair Center to Network in Alberta

November 12, 2019 By CollisionWeek Editor

Fix Auto Canada announced the addition of Fix Auto Drayton Valley to its network. Owners Andy and Lana Moritz have been a part of the Fix Network family since 2016 when they opened their first location, Fix Auto Calgary Deerfoot. “We have owned and operated a collision repair shop since 2009; opening our first location […]

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

3M and sia Abrasives Settle Patent Infringement Disputes

November 12, 2019 By CollisionWeek Editor

3M Company, 3M Deutschland GmbH, 3M Innovative Properties Company, sia Abrasives Deutschland GmbH and sia Abrasives Industries AG have settled patent infringement lawsuits brought by 3M in the District Court of Mannheim in Germany and the Federal Patent Court in St. Gallen, Switzerland, and Robert Bosch GmbH has withdrawn its related opposition to 3M’s patent […]

Filed Under: News Tagged With: 3M, Europe, Lawsuits, Patents

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