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Crash Champions Hosts Bi-Annual Operations Leadership Development

April 16, 2024 By CollisionWeek Editor

Crash Champions last week hosted nearly 200 members of its management team in Las Vegas for the organization’s bi-annual operations conference. Under the banner Champions Mindset Summit, the three-day event featured presentations from Founder and CEO Matt Ebert, Crash Champions executive leadership, senior operations leaders, industry partners, and a special guest speaker. “Consistently bringing our […]

Filed Under: News Tagged With: Crash Champions

CAPA Elects New Members to Board and Technical Committee

April 16, 2024 By CollisionWeek Editor

The Certified Automotive Parts Association (CAPA) announced the election of four members to its Board of Directors, and three members to its Technical Committee. Joining the Board are: Paul Krauss, Caliber Collision; Kyle Thompson, The Boyd Group/Gerber Collision & Glass; and Todd Williams, Farmers Insurance. Clark Plucinski, Chairman of CAPA’s Board of Directors, was elected […]

Filed Under: News Tagged With: Board of Directors, Certified Automotive Parts Association, People

State Senator Ann Gillespie Named Acting Director of Illinois Department of Insurance

April 16, 2024 By CollisionWeek Editor

On April 8, Illinois Governor JB Pritzker announced that Illinois Department of Insurance (DOI) Director Dana Popish Severinghaus will step down from her role as of April 15. Popish Severinghaus has served as Director of DOI since January of 2021. Governor Pritzker has appointed State Senator Ann Gillespie as new Acting Director of DOI, pending […]

Filed Under: News Tagged With: Department of Insurance, Illinois, People

Progressive Personal Auto Policies in Force Up Over 6% in March Compared to 2023

April 15, 2024 By CollisionWeek Editor

Total personal auto policies in force were also up month-over-month. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 20,448,300 in March, an increase of over 1.2 million or 6.7% from 19,168,400 in March 2023. March’s policies in force represent an increase of 445,000 or 2.2% from 20,003,200 in February. […]

Filed Under: News Tagged With: Net Written Premiums, Policies in Force, Progressive

Group 1 Automotive Agrees to Acquire Inchcape U.K. Auto Dealerships

April 15, 2024 By CollisionWeek Editor

Group 1 Automotive, Inc. (NYSE: GPI) announced an agreement to acquire the U.K. automotive retailing business and related owned real estate from a subsidiary of Inchcape plc for approximately $439 million (£346 million) in an all-cash transaction, inclusive of $279 million (£220 million) of appraised real estate value.  In 2023, the Inchcape U.K. dealerships generated […]

Filed Under: News Tagged With: Acquisitions, Group 1, United Kingdom

SEMA Announces Board of Directors Candidates

April 15, 2024 By CollisionWeek Editor

Opus IVS President Brian Herron among 2024 candidates. The Specialty Equipment Market Association (SEMA) announced the 2024 candidates for election to its Board of Directors.  Voting will take place online between May 28 and June 11 and is open to current SEMA-member companies. Votes must be cast by each company’s primary contact who will receive […]

Filed Under: News Tagged With: Board of Directors, Opus IVS, People, Specialty Equipment Market Association

Auto Parts 4 Less Group Announces Strategic Investment from RB Capital

April 15, 2024 By CollisionWeek Editor

Auto Parts 4 Less Group Inc. (OTC: FLES) announced that it has completed the first tranche of funding from RB Capital Partners, following the successful restructuring of its balance sheet, with the focus towards fostering revenue growth and operational expansion. Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, “We are thrilled to […]

Filed Under: News Tagged With: Agreements Signed, Auto Parts 4 Less, RB Capital

EV Sales Growth Slowed in the U.S. During First Quarter

April 12, 2024 By CollisionWeek Editor

Market share growth rate of electric vehicles was up slightly in first quarter from last year, but down on fourth quarter of 2023. Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, […]

Filed Under: News Tagged With: Cox Automotive, Electric Vehicles, Kelley Blue Book, New Vehicle Sales

Classic Collision Adds New Repair Facility in Washington State

April 12, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Blue Sky Auto Body in Tacoma, Wash. This location will undergo a complete renovation to enhance the overall customer experience before re-opening as Classic Collision Tacoma Way. This includes upgrading the interior design, modernizing the facilities, and implementing new technology to streamline operations. Blue Sky Auto Body has […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Washington State

California Bureau of Automotive Repair to Hold Regulatory Workshop on Storage Fees April 25

April 12, 2024 By CollisionWeek Editor

The California Bureau of Automotive Repair (BAR) announced it will hold a regulatory workshop on April 25to discuss proposed regulations on storage and towing fees charged by automotive repair dealers. The workshop will be held after the conclusion of the April BAR Advisory Group meeting being held earlier in the day. The proposed regulations would […]

Filed Under: News Tagged With: Bureau of Automotive Repair, California, Meetings, Regulations, Storage

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