In our video interview, McKenzie, executive director of the Refinish Distributors Alliance, details the challenges distributors face in a changing industry and how his organization works to help its members succeed. As the collision repair industry changes in response to both increasing vehicle technology, consolidation, and changing consumer preferences, the paint, body and equipment (PBE) […]
Axalta Reports Refinish Sales Up 3.1 Percent in Fourth Quarter
Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,158.1 million for the fourth quarter of 2018 ended December 31, 2018, a decrease of 0.6 percent, including 3.3 percent negative foreign currency translation impact. Constant currency net sales increased 2.7 percent in the period, driven by 4.4 percent higher average selling prices, offset partly by […]
Modine Exploring Strategic Alternatives for Automotive Business
Modine Manufacturing Company (NYSE:MOD) announced that it is exploring strategic alternatives for its automotive business. “Today’s announcement reinforces our strategic priority to continue to grow our global, market leading positions in Commercial HVAC, Refrigeration, Commercial Vehicle, and Off-Highway market segments, both organically and inorganically,” Burke added. “Building upon the momentum from our significant acquisition in […]
Peter Bains Named Territory Manager at Uniparts OEM Canada
Uniparts OEM Canada announced that Peter Bains has joined their sales team as Territory Manager, British Columbia. Bains brings over 15 years’ experience in project management, executive management, business development, supply management, coaching & training. He began his career in the industry with National Car Rental where he worked on business development for collision centers […]
Collision Repair Education Foundation Receives $75,000 Support from Enterprise Holdings Foundation
The Collision Repair Education Foundation announced that the Enterprise Holdings Foundation has continued its support of the organization with a contribution of $75,000 to support collision education. The donation benefits the industry by enhancing the Collision Repair Education Foundation’s ability to offer grants and scholarships to career and technical schools and colleges and the students […]
January Light Vehicle Sales Forecast to Decline
J.D. Power and LMC Automotive forecast January 2019 will be below 2018 levels. New vehicle retail sales in January are expected to fall from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to reach 864,300 units, a 2.4 percent decrease compared with January 2018. […]
CARSTAR Adds Collision Repair Center to Network in Michigan
CARSTAR announced the addition of CARSTAR of Sterling Heights, a 6,000 sq. ft. facility located at 6309 15 Mile Road, in Sterling Heights, Mich., to its network of independent owned collision repair centers. Starting like many others as a porter and washing cars, Saif Yousif, CARSTAR of Sterling Heights owner, worked his way up through […]
3M and Collision Repair Education Foundation Continue Hire Our Heroes Program in 2019
The 3M Automotive Aftermarket Division, along with the Collision Repair Education Foundation (CREF), are again offering the popular 3M Hire Our Heroes scholarship and tool grant awards program for 2019 to help military members and their families pursue careers in the collision repair industry. This is the seventh year that 3M has partnered with the […]
Peter Shaw, Former Thatcham Research Chief Executive Who Stepped Down Last Year, Passes Away
Thatcham Research, the UK-based motor insurers’ automotive research cetner, announced that Peter Shaw, it’s Chief Executive from 2011 until June 2018, passed away on January 24. In a statement, Thatcham Research said, “It is with great sadness that we have to announce that Peter Shaw, Chief Executive of Thatcham Research (2011 – 2018) passed away […]
Spanesi Announces Distributor Awards
Spanesi Americas recently recognized individual distributors for their 2018 contributions and accomplishments during its ‘2019 Kick Off’ Distributor Meeting that was held at its North American Operations Center in Illinois. Among those recognized was Anthony Iaboni, owner of Collision 360 for his earning of the prestigious “Distributor of the Year” award for 2018. Anthony and […]
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