The AMA Group announced the acquisition of six collision repair centers and plans to open two greenfield locations. The acquisitions will be funded using existing cash resources. The total anticipated consideration for the acquisitions is AU$4.743 million ($3.576 million). The acquired business will provide incremental revenue of AU$26.9 million ($20.2 million) and earnings before interest, taxes, […]
Sherwin-Williams Renews Partnership with Ford Paint and Body Technology Center
Ford Motor Company recently renewed its partnership with Sherwin-Williams Automotive Finishes through the Ford Paint and Body Technology Center. The Center, located in Inkster, Mich., assists in developing standards for collision repair for all Ford vehicles, including the research and testing of new repair materials, equipment and techniques. According to Jason Crager, OEM Business Development […]
Minnesota Careers Website Now Features Job Board
Minnesota Careers in Automotive Repair and Service (MNCARS) announced the addition of a job board to its website. The new feature will facilitate connections between automotive service and collision repair industry employers who have job openings with those seeking employment. The site also reinforces MNCARS’ primary messages – that there is a high demand for […]
Axalta Announces New Coatings Manufacturing and Logistics Facility in Nanjing, China
Will also serve as distribution center for collision repair refinish products. Axalta Coating Systems (NYSE:AXTA) announced it will construct a new manufacturing plant for automobile, commercial vehicle and industrial coatings in Nanjing, China. The facility, located at Nanjing’s National Chemical Industrial Park (NCIP), is expected to be fully operational by the end of 2020 with […]
National Auto Body Council Elects 2017 Board and Officers
The National Auto Body Council (NABC) announced its new Officers and Board members for its 2017 Board of Directors. Executive Committee officers elected at NABC’s recent Annual Meeting in Las Vegas are; Domenic Brusco, Chairman (PPG Automotive Refinish) Jeff Peevy, Vice Chair of Community Involvement (Automotive Management Institute) Elizabeth Clark, Vice Chair of Industry Involvement […]
It’s Veteran’s Day, Did You Get Your Hire Our Heroes Calendar?
Collision repair shops can support veterans through the 3M Automotive Aftermarket Division (AAD) Hire Our Heroes program in conjunction with the Collision Repair Education Foundation. In partnership with the 3M Automotive Aftermarket Division (AAD), the Collision Repair Education Foundation (CREF) announced it has donated more than $750,000 since 2013 to be used toward scholarships and tool […]
Auto Club of Southern California Calls on Policymakers to Address Impaired Driving in Wake of Proposition Legalizing Recreational Marijuana
With California’s further liberalization of marijuana laws, the collision repair industry in the state can expect increasing accident frequency. Auto Club says approval of Proposition 64 creates immediate need to ramp up traffic safety efforts. Now that California voters have approved Proposition 64 to legalize recreational, non-medical, marijuana use in the state, the Automobile Club […]
Allstate Launches Transportation Analytics Tech Startup
Arity, a non-insurance technology company founded by Allstate, will initially focus on using driving data to improve risk assessment for insurers. Allstate announced it will leverage its experience usage-based insurance, connected cars and telematics by launching Arity, a technology startup. Built on Allstate’s 20 billion miles of driving data and more than a million active […]
Auto Alliance Calls on Trump Transition Team to Re-evaluate EPA Fuel Economy Requirements
Yesterday, the Auto Alliance, joined the Global Automakers call for a re-evaluation by the Trump Administration of regulations requiring continued increases in fuel economy. The letter, from Mitch Bainwol, president and CEO of the Auto Alliance, makes a number of policy recommendations concerning the regulation of the auto industry including on fuel economy regulations, zero […]
CARSTAR Announces 500th Collision Repair Center
With addition of two Ohio collision repair centers, franchise group crosses milestone threshold. Sets target of 1000 centers in four to five years. CARSTAR recently celebrated the opening of its 500th store. The milestone was reached with the conversion of two Cincinnati centers owned by multi-shop owner Kevin Rains. Formerly known as Precision Body and […]
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