Car Guys Collision Repair, a thirteen location Florida-based MSO, announced it has been acquired by Joe Hudson’s Collision Centers (JHCC). Joe Hudson’s Collision Centers was founded in 1989. With the addition of Car Guys Collision Repair, the company now owns and operates 73 locations throughout Alabama, Georgia, Tennessee, Florida, Mississippi, and Texas. DJ Mitchell, COO […]
OEM and Aftermarket Parts Suppliers Testify at U.S. Commerce Department Hearing
Representatives from Auto Care Association, Automotive Body Parts Association, Certified Automotive Parts Association and the Motor & Equipment Manufacturers Association testify against imposing broad-based tariffs on imported automobiles and parts. Among a full day of testimony by executives from more than 40 auto industry businesses and associations, representatives of both OEM and aftermarket parts testified […]
Dent Wizard Acquires Image Auto
Dent Wizard International announced the acquisition Image Auto, LLC, a provider of auto reconditioning and wheel repair services in the Central and Western New York and Pennsylvania. The acquisition was finalized June 8. Dent Wizard’s acquisition includes both auto service brands operating under the company’s LLC: Image Auto, the Syracuse-based provider of mobile reconditioning services, […]
White House Announces Executive Order To Aid Workforce Development
President Trump has signed an Executive Order establishing the President’s National Council for the American Worker and the American Workforce Policy Advisory Board. The President’s National Council will provide a forum for the development of a national strategy to address urgent workforce issues. The Council will: Develop a national campaign to raise awareness of workforce […]
Snap-On Reports Sales Up Over 3% in Second Quarter
Snap-on Incorporated (NYSE:SNA) reported second quarter net sales of $954.6 million, an increase of $33.2 million, or 3.6 percent, from 2017 levels, reflecting a $12.1 million, or 1.3 percent, organic sales gain, $8.1 million of acquisition-related sales, and $13.0 million of favorable foreign currency translation. Operating earnings before financial services of were $193.1 million or […]
CARSTAR Reaches 600th North American Collision Repair Facility Milestone
Celebrates milestone with opening of CARSTAR Sudbury (Autoworks) in Ontario, Canada. CARSTAR hit the milestone of 600 stores with the opening of CARSTAR Sudbury (Autoworks), a 20,000 sq. ft. collision repair center located at 440 Falconbridge Road, Sudbury, Ontario, Canada. CARSTAR celebrated its 500th store just over 18 months ago when it added CARSTAR West […]
Professional Parts Group Donates Over $50,000 in Parts to Support Collision Repair School Programs
The Professional Parts Group has donated over $50,000 in parts to collision schools through the Collision Repair Education Foundation. The donations provide students studying for a career in the collision industry with much needed support of their chosen training programs. Schools eligible for donations participate in a variety of Foundation programs seeking to improve educational […]
PPG Reports Second Quarter Sales of $4.1 Billion, Up 9% from 2017
Refinish up “mid-single digit” percentage. PPG (NYSE:PPG) today reported second quarter 2018 net sales of about $4.1 billion, up nearly 9 percent versus the prior year. Net sales in local currencies grew approximately 6 percent year-over-year aided by higher selling prices of more than 2 percent, sales volume growth of more than 3 percent and […]
As Crashes Hit All Time High, ICBC Announces Permanent CEO
The Insurance Corporation of British Columbia (ICBC) board chair, Joy MacPhail, announced the permanent appointment of Nicolas Jimenez as ICBC’s president and CEO. Jimenez has served as ICBC’s interim president and CEO since January of this year. After a thorough international search, the board of directors felt Jimenez was the right candidate given his proven […]
S&P Market Intelligence Report Sees US Auto Insurance Industry Benefitting From Higher Premiums, Lower Losses
While changing technology is a longer-term disruptive threat, rate increases will drive growth in the near term, according to S&P Global Market Intelligence report Auto insurance has accounted for more of the U.S. property and casualty (P&C) industry’s premium volume in recent years, with several rounds of loss-fueled rate increases accelerating premium volumes in the […]
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