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CARSTAR Canada Adds Collision Repair Center to Network in New Brunswick

August 9, 2017 By CollisionWeek Editor

CARSTAR Shediac

CARSTAR Canada  announced the addition of CARSTAR Shediac, a 6,500 sq. ft. facility, located at 277 Main Street, Shediac, New Brunswick to its network. Serge Leger, the owner of CARSTAR Shediac, grew up in the automotive industry, and has worked closely with his  father, supporting collision repairs and customizing vehicles. Now, Serge is driven to […]

Filed Under: News Tagged With: Canada, CARSTAR, Network Affiliations, New Brunswick

Small Business Optimism Regains Momentum in July

August 8, 2017 By CollisionWeek Editor

NFIB Optimism Index July 2017

Job openings and plans to create new jobs lead monthly NFIB Index of Small Business Optimism The National Federation of Independent Business (NFIB) Index of Small Business Optimism rose 1.6 points to 105.2, preserving the surge in optimism that started the day after the election. Seven of the 10 Index components posted a gain, two […]

Filed Under: News Tagged With: National Federation of Independent Business, Small Business Optimism Index

IAA Adds Over 500 Acres in Preparation for Severe Weather Season

August 8, 2017 By CollisionWeek Editor

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced it has secured 22 real estate locations in ten states to prepare for the weather event season and potential catastrophic events. “Strategically expanding our presence helps meet demands for catastrophe (CAT) services in areas where our customers will most urgently need […]

Filed Under: News Tagged With: Insurance Auto Auctions, Openings

Cambridge Automotive Group Donates $4500 for Children’s Miracle Network Hospitals

August 8, 2017 By CollisionWeek Editor

The Cambridge Automotive Group (CAG) recently donated $4500 to the Children’s Miracle Network Hospitals. The check was presented in Los Angeles on July 27. These funds will support the Children’s Hospital Los Angeles as a part of Maaco’s 45th Anniversary fundraising campaign. The Cambridge Automotive Group owns close to 40 Maaco locations in the Southwest.

Filed Under: News Tagged With: Cambridge Auto Group, MAACO

Consumer Groups Call on NAIC to Disband Auto Insurance Working Group

August 8, 2017 By CollisionWeek Editor

Concerns regulators bowing to industry on data collection through third party. Consumer groups are calling on the National Association of Insurance Commissioners (NAIC) to disband its five-year old Working Group on Auto Insurance after the organization’s Auto Study Group following a decision over the weekend by the group to accept an industry plan covering data […]

Filed Under: News Tagged With: Consumer Federation of America, Consumers Union, National Association of Insurance Commissioners

Genpact Expands U.S. Claims Management Capability with Acquisition of OnSource

August 8, 2017 By CollisionWeek Editor

Genpact (NYSE:G) announced that it has acquired OnSource, provider of a leading Inspection-as-a-Service (IaaS) product for property and casualty (P&C) insurance carriers and their customers. This transaction builds upon Genpact’s recent acquisition of BrightClaim and National Vendor that has expanded the company’s U.S. claims management capabilities. Terms of the deal are not disclosed. OnSource uses […]

Filed Under: News Tagged With: Acquisitions, Genpact

Fix Auto USA Launches Workshop Series September 23-25

August 8, 2017 By CollisionWeek Editor

Fix Auto USA that based upon input from its franchise partners it will deviate from its traditional Fix Auto USA annual conference and launch its Workshop Series. The inaugural event will be hosted in Los Angeles, Calif. from September 23-25th. The invitation-only event focuses entirely on providing franchise partners and their senior staff with real-world […]

Filed Under: News Tagged With: Fix Auto USA

Saint-Gobain Acquires TekBond in Brazil

August 7, 2017 By CollisionWeek Editor

Saint-Gobain announced it has signed an agreement to acquire TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket. TekBond supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil. Its offer is based on a detailed knowledge of the market and customers […]

Filed Under: News Tagged With: Acquisitions, Brazil, Saint-Gobain

Uni-Select Completes Acquisition of The Parts Alliance in the United Kingdom

August 7, 2017 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced that it has completed the previously announced acquisition of The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom. As previously announced, the transaction in the amount of £205.0 million ($264.1 million) was fully funded with debt […]

Filed Under: News Tagged With: Acquisitions, Uni-Select, United Kingdom

CARSTAR Canada Adds Satellite Appraisal Location at Ford Dealer in Cambridge, Ontario

August 7, 2017 By CollisionWeek Editor

CARSTAR announced that CARSTAR Cambridge Appraisal has officially launched, located at 272 Hespeler Road, Cambridge, Ontario, Canada. The store will be a satellite location in the Ridgehill Ford dealership, with all service going to CARSTAR Cambridge. CARSTAR Cambridge Appraisal and CARSTAR Cambridge are owned by the LC Group, which is comprised of Ian Ladd, Peter […]

Filed Under: News Tagged With: Canada, CARSTAR, Ontario, Openings

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