More than 125 members and affiliates of the Motor & Equipment Manufacturers Association (MEMA) and its four divisions — Automotive Aftermarket Suppliers Association (AASA), Heavy Duty Manufacturers Association (HDMA), MERA – The Association for Sustainable Manufacturing, and Original Equipment Suppliers Association (OESA) — participated in the annual MEMA Legislative Summit in Washington, D.C. on April […]
Nashville I-CAR Committee and Collision Repair Education Foundation Award Full Scholarship to Technician
The surprise award erased a young technician’s student debt. A fundraiser and a surprise scholarship benefited Tennessee collision students in April. With collision professionals from across the country in Nashville for industry meetings, the local I-CAR Committee used the opportunity to surprise one hard-working collision student, Zac Stephens, with a full scholarship. During the scholarship […]
Allstate Reports Revenue Up 12.5% in First Quarter
The Allstate Corporation (NYSE: ALL) reported revenue of $10.99 billion for the first quarter of 2019, up 12.5 percent from $9.77 billion in the first quarter of 2018. Net income was $1.261 billion, up 29.1 percent from 2018. Adjusted net income was $776 million, due to a better than expected property and liability insurance underlying […]
Tesla Adds Lane Keeping Functionality to Supplement Autopilot
Tesla announced on its blog that it was introducing two new safety features designed to help prevent drivers from inadvertently departing their lane, which the company says its data shows is a common cause of accidents when Autopilot feature is not engaged. The new features, Lane Departure Avoidance and Emergency Lane Departure Avoidance, help drivers […]
National AutoBody Research Launches Massachusetts Labor Rate Survey
National AutoBody Research (NABR) announced the launch of its VRS Labor Rate Survey in the state of Massachusetts, sponsored by AASP-Massachusetts. The online survey is free for all Massachusetts collision repair centers and can be found on NABR’s survey website. Through the VRS Standardized Labor Rate Survey, NABR provides Massachusetts body shops with an independent, […]
Traffic Volume Declined in February
Compared to the same month in 2018, traffic volume in the U.S. was down in February. The 12-month rolling average sets new record. Travel volume in February decreased on a year-over-year basis. This is the first time that monthly traffic volume has declined compared to the previous year since September 2018. Since the decline in […]
Uni-Select Reports 2019 First Quarter Sales of $420 Million
Finishmaster US reports organic growth of 3.1 percent. Uni-Select Inc. (TSE:UNS) today reported sales of $420 million for the first quarter ended March 31, down from $422 million in the first quarter of 2018 but up 2.5 percent organically. The company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $21.356 million, down from […]
Arrowhead Insurance Partners with S/P2 on Technician Recruitment
S/P2 and Arrowhead General Insurance Agency, Inc. announced the launch of a new online portal to help Arrowhead’s customers find the technician candidates they need. “We know our customers need technicians,” said Patrick Nelson, senior underwriting manager for Arrowhead General Insurance Agency, Inc. “With S/P2 Careers, we can bring them an important new benefit, allowing […]
ABPA Voices Concern Over State Legislation on OEM Collision Repair Procedures
The Automotive Body Parts Association (ABPA), that represents the non-OEM collision repair parts industry, is expressing concern over the introduction of legislation that seeks to require OEM repair procedure in multiple states that are including language on the exclusive use of OEM parts. “The current wave of OE Repair Procedure legislation many times contains imbedded […]
BASF Names Capital Paint & Refinish Distributor of the Year
Capital Paint & Refinish won the BASF ColorSource Automotive Refinish 2018 Distributor of the Year award for a third time at the annual ColorSource conference. Approximately 135 single-line ColorSource partners attended the conference in Naples, Fla. “Our partnership with Capital Paint has helped us remain a strong competitor in the market,” said Denise Kingstrom, Distribution […]
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