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State Farm Exits Banking Business

March 6, 2020 By CollisionWeek Editor

Enters into strategic alliance to bring U.S. Bank products and services to State Farm customers. State Farm announced it was exiting its banking business and forming a strategic alliance with U.S. Bank. Under the alliance, U.S. Bank will assume State Farm Bank’s existing deposit and credit card accounts and State Farm agents will have the […]

Filed Under: News Tagged With: Acquisitions, State Farm, U.S. Bank

Copart Opens New Location in North Carolina

March 6, 2020 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the opening of a new location in Concord, North Carolina. This will be the sixth location in the state—a response to the increasing demands of automotive buyers and sellers. “This new location will contribute to the Concord community by creating new jobs, while also enabling us to better serve our sellers […]

Filed Under: News Tagged With: Copart, North Carolina, Openings

AASP-MN Reports OEM Repair Procedures Legislation Passage Unlikely this Session

March 6, 2020 By CollisionWeek Editor

Association believes passage of HF 2234 unlikely given tone of March 3 hearing. Alliance of Automotive Service Providers of Minnesota (AASP-MN) reports that in March 3rd, the Minnesota House Commerce Committee held an oversight hearing on AASP-MN’s legislative proposal, HF 2234, to ensure coverage and payment for repairs following original vehicle manufacturer repair procedures. HF2234 […]

Filed Under: News

Nearly 3 in 5 of the Largest U.S. Collision Repair Markets Reported Above Average Wage Growth in Third Quarter of 2019

March 5, 2020 By CollisionWeek Editor

An analysis of average weekly wages showed that a majority of the top 50 U.S. counties by auto body repair facility employment saw growth above the 4% U.S. average. An analysis of U.S. auto body repair facilities, employment and wages by county showed higher than average wage growth rates in the majority of the top […]

Filed Under: Research Tagged With: Employment, Shop Population, Wages

NORTHEAST Trade Show Will Go On As Planned March 20-22

March 5, 2020 By CollisionWeek Editor

Organizers provide update on coronavirus safety measures. The 43rd Annual NORTHEAST 2020 Automotive Services Show will be proceeding as planned, and will be held March 20-22. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) and the Meadowlands Exposition Center (MEC) are closely monitoring the latest developments regarding the coronavirus (COVID-19) globally and any […]

Filed Under: News Tagged With: Coronavirus, Northeast Trade Show

AAA Study Says One in Ten Drivers Would Trust Self-Driving Cars

March 5, 2020 By CollisionWeek Editor

A new AAA survey on automated vehicles reveals that only one in ten drivers (12%) would trust riding in a self-driving car. Even more Americans – 28% – don’t know how they feel about the technology, signaling consumers are stuck in neutral on the road to accepting self-driving cars. AAA believes consumer sentiment of automated […]

Filed Under: News Tagged With: AAA, Autonomous Vehicles

Nexterra Solutions Group Launches Integrated Vehicle Services Brand

March 5, 2020 By CollisionWeek Editor

Nexterra Solutions Group logo

Nexterra, LLC, the international automotive restoration, claims and service contract management provider, announced the alignment of its auto physical damage claims management, appraisal, and repair services divisions. With the family-operated Nexterra Solutions Group (NSG) umbrella launch, the firm now provides Insurer, Automotive Dealership, Fleet, Rideshare, OEM, and Collision Repair companies scalable, diverse, and customizable vehicle […]

Filed Under: News Tagged With: Nexterra Solutions Group

Jeffrey Naugle Named Winner of R-M Best Painter Contest in North America

March 5, 2020 By CollisionWeek Editor

Will compete at global competition in Paris, France. Jeffrey Naugle, a paint technician for Glass and Sons Collision in Reading, Pa., took home first place at this year’s North American Finals for the R-M Best Painter Contest that was held in Whitehouse, Ohio, on February 26-27. A panel of industry experts judged contestants during the […]

Filed Under: News Tagged With: BASF, Competition, R-M

Oklahoma Bill Would Require Collision Repair Facilities to Follow Storage Rate Limits

March 4, 2020 By CollisionWeek Editor

Oklahoma Senate Bill 1314

Legislation that passed Senate would add repair facilities to existing regulations on maximum storage fee limits. Legislation introduced in Oklahoma would require collision repair facilities to follow the maximum charge limits that currently only apply to towing businesses in the state. Oklahoma Senate Bill 1314 (SB 1314), that was introduced on January 13 and amended […]

Filed Under: Feature Tagged With: legislation, Oklahoma, Storage

Joseph McCorry Named President and COO of FinishMaster, Inc.

March 4, 2020 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) today announced that Joseph E. McCorry has been appointed to the position of President and Chief Operating Officer of FinishMaster, Inc. effective March 30. McCorry brings more than 25 years of experience in the automotive industry serving global aftermarket customers. He was most recently a board member, General Manager and Vice President, […]

Filed Under: News Tagged With: FinishMaster, People, Uni-Select

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