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NCOIL Highlights February Insurance Career Month

February 24, 2025 By CollisionWeek Editor

As February marks the ninth annual Insurance Careers Month, the National Council of Insurance Legislators (NCOIL) is proud to join the Insurance Careers Movement (ICM) in highlighting the many important and fulfilling career opportunities the insurance industry has to offer. The ICM is a global network of more than 1,000 insurance carriers, agents, trade associations, […]

Filed Under: News Tagged With: National Conference of Insurance Legislators, Workforce Development

NORTHEAST Dollars Campaign Returns to 48th Annual Trade Show

February 24, 2025 By CollisionWeek Editor

The annual NORTHEAST Automotive Services Show is scheduled for March 14–16 at the Meadowlands Exposition Center in Secaucus, N.J. Now in its 48th year, the event is the country’s second-largest automotive services show, drawing professionals in collision repair and automotive services from across the region. A notable feature of the show is the NORTHEAST Dollars […]

Filed Under: News Tagged With: AASP/NJ, New Jersey, Northeast Trade Show

Collision Repair Education Foundation Announces Spring Career Fair Schedule

February 21, 2025 By CollisionWeek Editor

Businesses looking for trained entry level technicians can participate in high school and college transportation student events. Collision repair industry businesses seeking employees or students seeking job opportunities can kick their search into high gear with the Collision Repair Education Foundation (CREF) Spring 2025 High School and College Transportation Student Career Fairs. The fairs will […]

Filed Under: News Tagged With: Career and Technical Education, Career Fairs, Collision Repair Education Foundation, Workforce Development

Mitchell Reports Collision Claims Increased by More Than 30% for BEVs Last Year

February 21, 2025 By CollisionWeek Editor

Average severity plateaued and total losses increased. Mitchell, an Enlyte company, announced the latest release of its Plugged-In: EV Collision Insights report. This edition features an overview of the most notable annual trends in battery electric vehicle (BEV), mild hybrid electric vehicle (MHEV) and plug-in hybrid electric vehicle (PHEV) collision claims. Following a second year […]

Filed Under: News Tagged With: Claim Frequency, Claim Severity, Electric Vehicles, Mitchell

Auto Care Association Says ASA, Auto Alliance and SCRS Federal Right to Repair Proposal Represents Views of ‘Small Fraction’ of Repair Market

February 21, 2025 By CollisionWeek Editor

The Auto Care Association said the federal right to repair legislative proposal by the Automotive Service Association (ASA), Alliance for Automotive Innovation, and the Society of Collision Repair Specialists (SCRS) announced yesterday represents the views of a small fraction of the repair market and are not representative of the broader automotive aftermarket. The association, however, […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Auto Care Association, Automotive Service Association, legislation, Right to Repair, Society of Collision Repair Specialists

Registration Opens for September 23-25 CIECA CONNEX Conference

February 21, 2025 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced that early bird registration is now open for its 16th annual conference, CONNEX 2025, that will be held at the Hilton Nashville Green Hills in Nashville, Tenn. on September 23-25. The theme this year is Insights to Innovation: The Future of Collision Industry Technology. A highlight of […]

Filed Under: News Tagged With: Annual Conference, Collision Industry Electronic Commerce Association, Tennessee

Copart Reports Second Quarter Fiscal Revenue of $1.16 Billion

February 21, 2025 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported financial results for its fiscal second quarter ended January 31, 2025. For the three months ended January 31, revenue, gross profit, and net income attributable to Copart, Inc. were $1.16 billion, $525.6 million, and $387.4 million, respectively. These represent an increase in revenue of $143.2 million, or 14.0%; an increase […]

Filed Under: News Tagged With: Copart, Earnings

New Federal Legislative Right to Repair Proposal Announced

February 20, 2025 By CollisionWeek Editor

ASA, Auto Alliance and SCRS propose federal legislation that builds upon their 2023 data sharing agreement. Announcement follows Alliance loss in Massachusetts Right to Repair lawsuit. In a move the supporters say is designed to preserve the competitive landscape of automotive repair and to ensure consumer safety, three major industry organizations, the Automotive Service Association […]

Filed Under: Feature Tagged With: Alliance for Automotive Innovation, Automotive Service Association, legislation, Right to Repair, Society of Collision Repair Specialists

LKQ Corporation Fourth Quarter Revenue of $3.4 Billion

February 20, 2025 By CollisionWeek Editor

Revenue was down in the quarter compared to last year as repairable claims declined. Revenue for the full year was up. LKQ Corporation (NASDAQ: LKQ) today reported revenue for the fourth quarter of 2024 was $3.4 billion, a decrease of 4.1% compared to $3.5 billion for the fourth quarter of 2023. Parts and services organic […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

CARSTAR Adds Collision Repair Center to Network in Arkansas

February 20, 2025 By CollisionWeek Editor

CARSTAR announced the opening of CARSTAR AutoCraft Paint and Body Works, a 10,000 square-foot collision repair center, located at 60 County Road 9501 in Brookland, Ark. Blake Brown, the owner of CARSTAR AutoCraft Paint and Body Works, has over 15 years of experience in the collision industry. He began his career at Green County Tech […]

Filed Under: News Tagged With: Arkansas, CARSTAR, Network Affiliations

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