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Classic Collision Acquires Two Collision Repair Centers in Tennessee

October 31, 2023 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of 3A Collision in Bartlett and Oakland, Tenn. in the greater Memphis market.  “We have been honored to serve Shelby and Fayette County and be recognized as the top performing repair centers in the greater Memphis area. We believe Classic Collision to be the right one to continue our […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Tennessee

United States Length of Rental Down in Third Quarter Compared to Last Year

October 31, 2023 By CollisionWeek Editor

According to the latest report from Enterprise Rent-A-Car, the overall length of rental (LOR) for collision-related rentals in the U.S. was 17.5 days in the third quarter, which is down 0.7 days, or 3.8%, from the third quarter of 2022 LOR of 18.2 days. Last year’s result, however, had been up three full days from […]

Filed Under: News Tagged With: Enterprise Rent-A-Car, Length of Rental

Stephen Carroll Named Vice President of Marketing at MOTOR

October 31, 2023 By CollisionWeek Editor

MOTOR Information Systems announced that Stephen Carroll is the automotive data solutions provider’s new Vice President of Marketing. Carroll brings over 20 years of experience in marketing, finance, business strategy, M&A and business development across software- as-a-service (SaaS), e-commerce and data analytics industries. Most recently, Carroll served as Vice President of Marketing for SemaConnect. Prior […]

Filed Under: News Tagged With: Motor Information Systems, People

UAW Reaches a Tentative Agreement with Stellantis

October 30, 2023 By CollisionWeek Editor

The agreement came on the 44th day of the strike. UAW still on strike at GM. The United Auto Workers (UAW) announced October 28 that it has reached a tentative agreement with Stellantis. It is the second tentative agreement the union has reached in bargaining with the Big Three Detroit vehicle manufacturers. As CollisionWeek reported […]

Filed Under: News Tagged With: Ford Motor Company, General Motors, Stellantis, Strike, United Auto Workers

Crash Champions Enters Alabama Market with Acquisition

October 30, 2023 By CollisionWeek Editor

Crash Champions today announced the acquisition of regional Alabama-based MSO Auto Craft Collision Centers. The acquisition officially closed Friday, Oct. 27, and marks Crash Champions’ entrance into the state of Alabama. Auto Craft’s three collision centers have together served the Baldwin County and greater Mobile, Alabama markets for more than six decades. The repair centers […]

Filed Under: News Tagged With: Acquisitions, Alabama, Crash Champions

Classic Collision Acquires First Location in Memphis

October 30, 2023 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Collision Craft in Memphis, Tenn. Collision Craft has been locally owned and operated, with over forty years of experience servicing Memphis. “We have strived to be the auto repair facility people turn to for all their automotive needs in Shelby County and know handing over the reins to […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Tennessee

BMW Group Names Axalta Exclusive Supplier of Private Paint Label ColorSystem in EMEA

October 30, 2023 By CollisionWeek Editor

Axalta Coating Systems (NYSE: AXTA) has been named exclusive supplier for BMW Group’s private paint label, ColorSystem, in currently 15 European countries plus South Africa. The agreement includes BMW Group’s network of 730 dealerships and collision repair partners. The agreement runs through December 2028 and adds to existing supplier agreements with BMW Group. “The BMW […]

Filed Under: News Tagged With: Agreements Signed, Axalta Coating Systems, BMW, EMEA, Europe, Refinish

CCC Introduces Integrated Website Builder for Collision Repair Facilities

October 30, 2023 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today announced the launch of CCC Amplify, an easy-to-use digital solution that helps collision repair facility operators build and launch customized websites in minutes. Available through the CCC ONE platform, CCC Amplify simplifies the process of creating and maintaining a website by integrating CCC ONE shop information. The solution is […]

Filed Under: News Tagged With: CCC

Consumer Sentiment Declined in October

October 27, 2023 By CollisionWeek Editor

The final October results indicate consumers continued to have inflation frustration. Consumer sentiment fell back about 6% this October after inching down slightly for two consecutive months, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 63.8 in the October 2023 survey, down from 67.9 in September and above […]

Filed Under: News Tagged With: Consumer Sentiment, University of Michigan

Caliber Collision Acquires Two Repair Centers in Maryland

October 27, 2023 By CollisionWeek Editor

FOCUS Investment Banking, the middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced that Auto Body Innovations (ABI), with locations in Upper Marlboro and Owings, Md., has been acquired by Caliber Collision. FOCUS represented Auto Body Innovations in the transaction. ABI’s owners, brothers Keith and Kevin Dick, started out as […]

Filed Under: News Tagged With: Acquisitions, Caliber, Focus Investment Banking, Maryland

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