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WIN Announces 2018 Scholarship Recipients

April 27, 2018 By CollisionWeek Editor

The Women’s Industry Network (WIN) announced this year’s recipients of the WIN College Student Tuition and Conference Scholarship Award presented to deserving students enrolled in a post-secondary collision repair technology program. Each recipient receives a $1,000 scholarship to continue their post-secondary education in collision repair and complimentary registration to attend the 2018 WIN Educational Conference […]

Filed Under: News Tagged With: Scholarships, Women's Industry Network

CCC Introduces AI Damage Detection and Heat Maps to Aid Customer Communication

April 27, 2018 By CollisionWeek Editor

CCC Heat Map

Using computer vision, heat maps depicting damage applied to photos CCC Information Services Inc. (CCC) announced the availability of AI-powered capabilities that use computer vision technology to automatically detect vehicle damage and visually depict that damage using heat maps. The CCC heat map technology transforms vehicle photos into heat maps which provide an insightful and […]

Filed Under: News Tagged With: Artificial Intelligence, CCC

Nominations Open for National Auto Body Council Awards

April 27, 2018 By CollisionWeek Editor

The National Auto Body Council (NABC) announced online nominations are now open for its Annual Awards Program which recognizes individuals and businesses whose actions and contributions have positively impacted their community and demonstrated the professionalism and integrity of collision industry professionals. Winners of the NABC awards will be announced at the Collision Industry Red Carpet […]

Filed Under: News Tagged With: Awards, National Auto Body Council

SCA Launches National DRP Desk Review Program

April 26, 2018 By CollisionWeek Editor

SCA Appraisal Company logo

SCA announced the introduction of its “Shop-Chek” DRP Desk Review Service designed specifically for insurers DRP programs. Unique handling profiles are created for each client’s DRP guidelines under the Shop-Chek program, with respect to alternate parts application, repair methodology, betterment and depreciation policies. Each Shop-Chek review includes direct contact with the DRP shop manager, a […]

Filed Under: News Tagged With: Desk Review, DRP, SCA Appraisal

LKQ Reports Revenue Up 16.1% in First Quarter

April 26, 2018 By CollisionWeek Editor

Organic revenue growth for parts and services of 3.7 percent LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the first quarter of 2018 of $2.72 billion, an increase of 16.1 percent as compared to $2.34 billion in the first quarter of 2017. For the first quarter, parts and services organic revenue growth was 3.7 percent […]

Filed Under: News Tagged With: Acquisitions, Earnings, LKQ Corporation, Openings

FinishMaster celebrates 50th Anniversary

April 26, 2018 By CollisionWeek Editor

Donates $50,000 to Collision Repair Education Foundation in celebration of milestone FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS) is celebrating its 50th year in business. On April 25th, 1968, in Grand Rapids, Michigan, founder Jim White completed FinishMaster’s first transaction with the aspiration of delivering automotive aftermarket products to collision repair shops. Over […]

Filed Under: News Tagged With: Collision Repair Education Foundation, FinishMaster, Uni-Select

ASA Leadership Meets with Policymakers, Administration on Automated Vehicle Issues

April 26, 2018 By CollisionWeek Editor

Highlights the importance of independent repairer data access On April 19, ASA Chairman Roy Schnepper, and ASA President and Executive Director Dan Risley, met with key leaders in Washington, D.C., to discuss automated vehicle policy and data access. During Capitol Hill meetings, Schnepper and Risley outlined the importance of data access to independent automotive repairers. […]

Filed Under: News Tagged With: Automotive Service Association, Data Access, legislation, Regulations

Stone Point Capital Acquires Stake in Mitchell International

April 26, 2018 By CollisionWeek Editor

KKR and Elliott sell stake in collision repair and insurance technology provider Mitchell International, Inc. KKR, and Elliott Management today announced that private equity firm Stone Point Capital LLC  are making an investment in Mitchell and acquiring the equity position held by KKR and Elliott Management. Financial terms of the transaction were not disclosed. The […]

Filed Under: News Tagged With: Acquisitions, KKR, Mitchell International, Private Equity, Stone Point Capital

New Hampshire Governor Signs Bill Establishing Committee to Study Collision Repair Labor Rates

April 25, 2018 By CollisionWeek Editor

New Hampshire House Bill 1663

Governor Sununu signed legislation to study rates paid by auto insurers to independent collision repair shops. On Friday, April 20, New Hampshire Governor Chris Sununu signed House Bill 1663 (HB 1663), that establishes a committee to study reimbursement rates under automobile insurance policies. HB 1663, that was introduced earlier this year, originally sought to define […]

Filed Under: Feature Tagged With: Labor Rates, legislation, New Hampshire

AASP-MN 24th Annual Golf Outing June 19

April 24, 2018 By CollisionWeek Editor

The Alliance of Automotive Service Providers – Minnesota (AASP-MN) is inviting all collision repair and mechanical industry professionals as well as vendor suppliers to attend its 24th Annual Golf Outing, Tuesday, June 19, at Keller Golf Course in St. Paul, Minn. Over 150 AASP-MN members, employees, vendors, and insurance industry representatives are expected to enjoy […]

Filed Under: News Tagged With: AASP-MN, Golf Outing

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