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Axalta Acquires Netherlands Distributor Geeraets Autolak

August 1, 2016 By CollisionWeek Editor

Axalta Coating Systems (NYSE:AXTA) announced it has acquired the business of Geeraets Autolak, a distributor of Axalta’s Cromax refinish coating products in the Netherlands for nearly 40 years. The operations of Geeraets Autolak will be integrated into the Axalta organization, operating under the Cromax name. The acquisition takes effect immediately. Financial terms of the agreement […]

Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems, Europe, Netherlands

Collision Works Acquires Three Collision Repair Centers in Kansas

August 1, 2016 By CollisionWeek Editor

CollisionWorks logo

Collision Works, with seven locations across Oklahoma, has acquired three locations, as well as an auto glass company, previously owned by Auto Masters. The acquisition represents Collision Works’ initial entry into the Kansas market. The three locations serve greater Wichita.  “The acquisition of the three Auto Masters locations is an important step in executing our […]

Filed Under: News Tagged With: Acquisitions, Collision Works, Kansas

SCA Appraisal Launches Photo Appraisal App

August 1, 2016 By CollisionWeek Editor

SCA Appraisal Company announced the available of its Streamline white-label app to help auto insurance carriers to save time and loss adjustment expense (LAE). SCA’s Streamline transforms the process from three days to an SCA- guaranteed three hours from photo receipt. The app is available for both Apple or Android phones to download. The app […]

Filed Under: News Tagged With: Photo Appraisal, SCA Appraisal

AASP/NJ Creates Auto Body License Assistance Guide for Members

August 1, 2016 By CollisionWeek Editor

According to Charles Bryant, Executive Director of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ), there is still plenty of time for New Jersey collision repair shops to submit their Auto Body License renewal. Unless shops have changed their type of business, organization or business address, the deadline to submit the renewal is […]

Filed Under: News Tagged With: AASP/NJ, Licensing

Carlyle Group to Sell Remaining Stake in Axalta

August 1, 2016 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) last week announced a secondary offering of of 41,621,996 common shares by affiliates of The Carlyle Group . The offering was subsequently priced at $28.25 a share, providing Carlyle with $1.175 Billion. Axalta will not receive any of the proceeds from the offering of shares by Carlyle. According to a […]

Filed Under: News Tagged With: Axalta Coating Systems, Carlyle Group

Auto Safety Advocates Call for Testing of Autonomous Vehicle Technology

August 1, 2016 By CollisionWeek Editor

Rosekind Letter

Consumer safety advocates express concern over promotion of robotic technology at the expense of safety standards. Cite Tesla crash as failure by safety regulator. In a letter to National Highway Traffic Administration (NHTSA) Administrator Mark Rosekind last week, auto safety advocates from the Center for Auto Safety and Consumer Watchdog expressed concern that NHTSA was […]

Filed Under: News Tagged With: Autonomous Vehicles, Center for Auto Safety, National Highway Traffic Safety Administration

New-Vehicle Sales Gain in July with Record Transaction Prices and Consumer Spending

July 29, 2016 By CollisionWeek Editor

U.S. Retail SAAR--July 2015 to July 2016 (in millions of units)

J.D. Power and LMC Automotive forecast gains in retail vehicle sales as industry nears peak of the auto sales recovery. New-vehicle retail sales in July are expected to increase 2.1 percent from a year ago to 1,318,300, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. Sales growth in July […]

Filed Under: News Tagged With: Auto Sales, J.D. Power, LMC Automotive

Heavy Duty Repair Training to Debut at NACE | CARS 2016

July 29, 2016 By CollisionWeek Editor

NACE | CARS is featuring Heavy Duty programming this year for the first time ever. The training on heavy duty collision and mechanical repair will take place Wednesday, August 10, and Thursday, August 11. This inaugural program includes: Dean Hancock, Collision Advice – Heavy Duty Damage Analysis John Spoto, 3M – Working Smarter, Not Harder […]

Filed Under: News Tagged With: Anaheim, Heavy Duty Trucks, NACE, training

California Color Source Hosts Client Luncheon with Mike Anderson

July 29, 2016 By CollisionWeek Editor

Color Source, Inc., the San Francisco Bay Area PBE distributor, hosted another client luncheon in July featuring Mike Anderson from Collision Advice. In this second of an ongoing series of lunch events, Anderson focused on “Thriving not just Surviving” as collision repairers.  For the 40+ owners in attendance, Mike kept them on the edge of […]

Filed Under: News Tagged With: California Color Source

TechnaGlass Acquires Utah Auto Glass Facility

July 29, 2016 By CollisionWeek Editor

TechnaGlass announced the acquisition of The Glass Shoppe in Roosevelt, Utah. The business will be rebranded to TechnaGlass and all employees will be retained. “I am confident TechnaGlass will continue to provide our customers with the highest level of service and provide a home for our employees which is the most important factor for me,” said […]

Filed Under: News Tagged With: Acquisitions, Auto Glass, TechnaGlass, Utah

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