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California Looks to Pass on Insurance Company Savings from Federal Tax Legislation to Policyholders

January 24, 2018 By CollisionWeek Editor

Consumer Federation asking all states to do so California Insurance Commissioner Dave Jones directed his department to commence a regulatory review of insurers’ rates and other lines of business where insurers would benefit from the federal tax cuts. The purpose of that review is to identify specific legal authority and necessary amendments to rate formulas […]

Filed Under: News Tagged With: California, Insurance Commissioner, Regulations, Tax

Boyd Group Acquires Two Collision Repair Centers in Florida

January 24, 2018 By CollisionWeek Editor

With the acquisition, the multiple shop operator surpasses 500 location milestone. The Boyd Group Inc. announced the January 19, 2018 opening of two collision repair locations in Collier County, Florida. These centers previously operated as Autocraft Enterprises and Autocraft Naples and are located on Marco Island and in northern Naples. Marco Island, the largest of […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Florida

Wholesale Used Vehicle Prices Soften in December

January 23, 2018 By CollisionWeek Editor

According to ADESA report, cars are down while trucks continue to increase. According to the ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, while the impacts of Hurricanes Harvey and Irma having lasted primarily from late-August through mid-November, wholesale prices in December returned to patterns seen prior to those events.  Namely, prices for […]

Filed Under: Research Tagged With: ADESA Analytical Services, Wholesale Used Vehicle Price Trends

AASP-MN Holds Raffle to Support Career Recruitment Program

January 23, 2018 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) recently kicked off raffle sales for a 2012 Custom Fat Bagger Razorback motorcycle and bike trailer. The motorcycle and trailer donated by honorary AASP-MN member, Roger Bonn, recently retired from Peter’s Body Shop, St. Cloud, and his wife, Jill. Funds raised from the raffle will support […]

Filed Under: News Tagged With: AASP-MN, Minnesota Careers in Automotive Repair and Service

BASF Adds Three Single-Line Distributors in Nevada and Florida

January 23, 2018 By CollisionWeek Editor

BASF Automotive Refinish announced it has expanded its distribution footprint with the addition of three new ColorSource, single-line distributors. Reno Paint Mart joined the BASF ColorSource community in Nevada, and will carry R-M Diamont and LIMCO Supreme products. Reno Paint Mart is a multi-store organization that offers industrial, automotive, interior and exterior house paint to […]

Filed Under: News Tagged With: Agreements Signed, BASF, PBE Distributor

Service King Acquires Collision Repair Center in Colorado

January 22, 2018 By CollisionWeek Editor

Service King Collision Repair Centers announced the organization has acquired Airport Auto Body located in Aurora, Colo. With the addition, Service King officially expands to 11 convenient repair centers across the state of Colorado. Airport Auto Body, located at 2240 Chambers Rd. in Aurora, will immediately transition operations to Service King as part of the […]

Filed Under: News Tagged With: Acquisitions, Colorado, Service King Collision Repair Centers

I-CAR Reports More Collision Repair Facilities Training in 2017

January 22, 2018 By CollisionWeek Editor

The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced that 2017 proved to be another strong year, continuing to build on the progress made since 2010 when its Professional Development Program was announced.  Over the past seven years the organization has achieved significant growth as result of its greatly expanded product and services portfolio, plus […]

Filed Under: News Tagged With: I-CAR

PPG Reports Sales Up Nearly 8% in Fourth Quarter of 2017

January 22, 2018 By CollisionWeek Editor

Automotive refinish coatings organic sales improved by a mid-single-digit percentage. PPG (NYSE:PPG) reported fourth quarter 2017 net sales of approximately $3.7 billion, up nearly 8 percent versus the prior year. Sales volumes increased by 3 percent year-over-year and selling prices improved sequentially for the third consecutive quarter, adding less than 1 percent to sales growth. […]

Filed Under: News Tagged With: Earnings, PPG Industries, Refinish

CARSTAR Reports Nearly $850 Million in 2017 Collision Repair Network Revenue

January 22, 2018 By CollisionWeek Editor

Network added more than 80 new collision repair centers in 2017. CARSTAR North America reported continued performance improvements and growth across its network of independently-owned collision repair centers.  In conjunction with its insurance partners, CARSTAR and its store locations have measured ongoing gains in customer service, operational excellence and brand awareness. CARSTAR North America, a […]

Filed Under: News Tagged With: CARSTAR

ASA Annual Business Meeting & Conference May 2-6 in Orlando, Florida

January 22, 2018 By CollisionWeek Editor

The Automotive Service Association (ASA) announced it will hold its next Annual Meeting & Conference May 2-6 at the Disney World Swan and Dolphin Resort Hotel in Orlando, Fla. The event promises to be a four-day immersion in everything ASA, mixing special automotive repair industry training, leadership and social activities with a full tank of […]

Filed Under: News Tagged With: Annual Meeting, Automotive Service Association

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