Refinish net sales up 4.9 percent excluding the impact of foreign currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the third quarter ended September 30, 2016. The company reported net sales of $1.0234 billion for the third quarter of 2016 benefitting from volume and pricing growth that was offset in part […]
AutoNation Acquires Collision Repair Center in Illinois, Announces Plans to Add at Least 18 Locations Nationwide
AutoNation, the automotive retailer, today announced that it acquired Westmont Body Werks, located in Westmont, Ill., a suburb of Chicago, The facility is AutoNation’s 70th collision repair center nationwide. The facility was acquired this month and represents annual revenue of approximately $10 million. In addition to the Westmont acquisition, the company also announced it recently […]
Fix Auto Canada Opens New Collision Repair Center in Quebec
Fix Auto Canada announced that Fix Auto St-Apollinaire celebrated its official opening with a cocktail event on October 20. Stéphane Plante, owner-operator of Fix Auto St-Apollinaire wanted to mark the official opening of his new shop by inviting insurance and strategic partners, as well as Fix Auto employees to visit his new installations. Fix Auto […]
1Collision Network Adds Collision Repair Centers to Network in California, Wisconsin
The 1Collision Network announces its expansion into California, adding Body Best Collision Center in Sonoma, Calif to its network of collision repair centers. 1Collision also added to their Wisconsin network with the addition of Aerco Collision in Altoona, Wis. Dino DiGiulio, owner of Body Best, said, “Body Best Collision Center is excited to begin our […]
Collision Repair Industry Production Down Slightly in July
While production employment declined, hours worked increased in July compared to June. Production remains above 2015 levels. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that total production for the collision repair industry was down in July versus the previous month, but was up […]
LKQ Corporation Announces Third Quarter Revenue Up 30%
Reports year-to-date organic growth of 5.1 percent. LKQ Corporation (LKQ) today reported revenue for the third quarter of 2016 of $2.39 billion, an increase of 30.3 percent as compared to $1.83 billion in the third quarter of 2015. Net income for the third quarter of 2016 was $122.7 million, an increase of 21.1 percent as […]
Saint-Gobain Acquires 320 Location Glass Repair Franchise in France
Saint-Gobain announced it has completed the acquisition of France Pare-Brise, which has the second largest automotive glass repair and replacement franchise network in France with 320 locations. France Pare-Brise serves insurance companies, corporate fleets, car rental and leasing companies as well as retail customers. Saint-Gobain produces automotive glass for automakers and for the replacement market, […]
Enterprise Rent-A-Car’s Makes $60 Million Donation to Fight Hunger
Fill Your Tank Program Supports Local Food Banks and Pantries, Feeding America, Food Banks Canada and The Global FoodBanking Network, Donation Marks 60th Anniversary The Enterprise Rent-A-Car Foundation announced one of the largest donations aimed at fighting hunger. The program – called Fill Your Tank – celebrates the company’s 60th anniversary by providing $60 million […]
S/P2 Introduces Workplace Substance Abuse and Bullying Courses
S/P2 has released two more courses for career technical students and industry professionals including Bullying in the Work Environment and Substance Abuse Awareness and Management. “These courses are about issues affecting employees and workplaces everwhere. Bullying is not a dynamic only for schools or young people. Knowing how to handle workplace bullying is important for […]
Collision Repair Education Foundation Announces 2nd Annual 3M Hire Our Heroes Calendar Fundraiser
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 grants for more than 210 military veterans and their families through the 3M Hire Our Heroes program. Shops can purchase the 2017 calendar online. […]
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