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Service King Acquires Collision Repair Center in California

March 6, 2017 By CollisionWeek Editor

Torrance facility is MSOs 20th in Los Angeles market. Service King Collision Repair Centers announced the acquisition of Performance Paint and Body located at 3011 Lomita Blvd. in Torrance, Calif. The store is Service King’s 20th location in the greater Los Angeles area.  “This is yet another step in our mission to be the collision […]

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

David Shepherd Named Regional Managing Director of Audatex in UK, South Africa and Valexa Technologies Ltd

March 3, 2017 By CollisionWeek Editor

David Shepherd has been announced as the new Regional Managing Director of Audatex UKSA and Valexa Technologies, replacing Paul Sykes.  Shepherd joined Solera in 2008 and he has operated in a variety of international managing director positions, most recently as Head of Solera’s Global Account Management team.  “I am delighted to be returning to the […]

Filed Under: News Tagged With: Audatex, Solera Holdings, South Africa, United Kingdom

Wholesale Used Vehicle Prices Up in January

March 3, 2017 By CollisionWeek Editor

Prices up both versus December and 2016. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, even with increased supply of used vehicles wholesaled in January, used vehicle prices held up surprisingly well, despite soft retail demand and high new vehicle incentives. Nevertheless, pockets of supply-driven weakness did appear in rental program […]

Filed Under: Research Tagged With: Wholesale Used Vehicle Price Trends

Elite Electronics Joins SCRS as Corporate Member

March 3, 2017 By CollisionWeek Editor

The Society of Collision Repair Specialists (SCRS) announced Elite Electronics is the newest Corporate Member of the association. Elite Electronics is a sublet service provider currently serving the Dallas, Ft. Worth, Texas; Atlanta, Ga.; Oklahoma City and  Tulsa, Okla.; Knoxville, Nashville and , Memphis, Tenn.; Philadelphia, Pa.; Charlotte, N.C. regions; and their surrounding suburbs. Services […]

Filed Under: News Tagged With: Elite Electronics, Society of Collision Repair Specialists

Registration Opens for 2017 WIN Conference

March 3, 2017 By CollisionWeek Editor

Win 2017 Conference logo

The Women’s Industry Network (WIN) announced that registration for its 2017 Educational Conference is now open. Members registering before March 16 will receive a discounted rate of $425. For member registration after March 16, the rate is $475. Non- members may attend at a rate of $650 and attendance for the Most Influential Women and […]

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

TechForce Foundation Scholarship Available for 2017 High School Graduates Studying to become an Automotive, Collision Repair or Heavy Duty Service Technician

March 2, 2017 By CollisionWeek Editor

The TechForce Foundation will award a new $2,500 scholarship to a high school graduate planning to attend an ASE/NATEF post-secondary school. The scholarship will be administered through the University of the Aftermarket Foundation scholarship central program. “The TechForce Foundation seeks to help students train for careers in the automotive aftermarket and that goal aligns perfectly […]

Filed Under: News Tagged With: Scholarships, TechForce Foundation, University of the Aftermarket Foundation

Liberty Mutual Insurance Reports Increasing Auto Premiums and Losses

March 2, 2017 By CollisionWeek Editor

Global private passenger auto net written premiums up 4.8 percent in 2016. Commercial auto up 8.8 percent. Liberty Mutual Holding Company Inc. (LHMC) and its subsidiaries reported net income of $143 million for the fourth quarter ended December 31, 2016 and $1.006 billion for the year. This represents a decrease of $268 million for the […]

Filed Under: News Tagged With: Earnings, Liberty Mutual Insurance

LKQ Finalizes Sale of OEM Glass Manufacturing Business

March 2, 2017 By CollisionWeek Editor

LKQ Corporation (LKQ) yesterday announced that it has completed the previously announced agreement to sell the OEM glass manufacturing business of its Pittsburgh Glass Works subsidiary (PGW) to a subsidiary of Vitro, S.A.B. de C.V., a glass manufacturer based in Mexico. The sale price was $310 million, subject to potential post-closing purchase price adjustments. As […]

Filed Under: News Tagged With: Acquisitions, Auto Glass, LKQ Corporation

Military Combine Highlights Soldiers’ Athleticism and Car Donations

March 2, 2017 By CollisionWeek Editor

Over 50 elite soldiers from Ft. Hood, Texas, competed for bragging rights as the toughest and fastest in the finals of the inaugural Military Combine hosted by the Dallas Cowboys and Caliber Collision. The event at AT&T Stadium was organized to honor the nation’s military heroes by showcasing the soldiers’ athletic prowess. The soldier athletes […]

Filed Under: News Tagged With: Caliber Collision, Recycled Rides, Texas

Calendar Purchases Support Veterans Entering Collision Repair Industry

March 2, 2017 By CollisionWeek Editor

There is still time to support military veterans and their families through the 3M Hire Our Heroes program and purchase the second annual 3M Hire Our Heroes Calendar for 2017. 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 […]

Filed Under: News Tagged With: 3M, Collision Repair Education Foundation, Hire Our Heroes

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