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US Light Vehicle Market Heats Up in April with Robust Result Above Pre-Pandemic Levels

May 4, 2023 By CollisionWeek Editor

Sales up over 10% in April even with one fewer selling day compared to last year. US Light Vehicle sales totaled 1.36 million units in April, according to LMC Automotive, a GlobalData Company. This translates to a year-over year (YoY) gain of 10.2%, a result made all the more impressive by the fact that April […]

Filed Under: News Tagged With: LMC Automotive, New Vehicle Sales

Uni-Select Reports First Quarter Sales Up Almost 10%

May 4, 2023 By CollisionWeek Editor

FinishMaster US segment was up 6.7%. Uni-Select Inc. today reported consolidated sales increased by $39.9 million or 9.7% to $449.5 million in the first quarter ended March 31. Excluding the impact of unfavorable fluctuation of the British pound and the Canadian dollar against the US dollar of $21.6 million or 5.3%, consolidated sales increased by […]

Filed Under: News Tagged With: Earnings, FinishMaster, LKQ Corporation, Uni-Select

EV Manufacturer VinFast Selects I-CAR for U.S. Collision Repair Network Training

May 4, 2023 By CollisionWeek Editor

VinFast, the first Vietnamese electric vehicle manufacturer, announced that I-CAR’s Gold Class shop level credentialing will be a requirement for its U.S. repair network. VinFast joins 37 other OEMs and Insurers who also require Gold Class status for their network repair facilities. Gold Class recognition, and the underlying technical training required to achieve such, including […]

Filed Under: News Tagged With: Agreements Signed, Gold Class, I-CAR, OEM Certification, VinFast

Mitchell Announces Data Licensing Agreement with Rivian

May 4, 2023 By CollisionWeek Editor

Mitchell, an Enlyte company, today announced that it is the first collision industry information provider to sign a data licensing agreement with electric vehicle (EV) manufacturer Rivian. This will allow auto insurers and collision repairers using Mitchell Cloud Estimating and Mitchell Cloud Estimating TruckMax to write damage appraisals and access repair procedures for the OEM’s […]

Filed Under: News Tagged With: Agreements Signed, Estimating Systems, Mitchell International, Rivian

AIA Canada Announces 2023 Board of Directors and Executive Committee

May 4, 2023 By CollisionWeek Editor

The Automotive Industries Association of Canada (AIA Canada) announced the election of four new directors to the 2023-2024 AIA Canada Board of Directors, along with further changes to its Board during the 81st Annual General Meeting (AGM) held on May 3. The event was held online as part of ongoing efforts by the Association to […]

Filed Under: News Tagged With: Automotive Industries Association of Canada, Board of Directors, Craftsman Collision, People

Axalta Reports Sales Up 9.4% in First Quarter Compared to Last Year

May 3, 2023 By CollisionWeek Editor

Refinish sales and volumes both up in the quarter. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales increased 9.4% year-over-year, and 12.1% excluding the impact of foreign exchange (FX) rates, for the first quarter ended March 31. The strong growth was driven by 9.4% higher average price mix and 2.7% better volumes, offset by a […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Auto Glass Now Expands with Ten New Locations

May 3, 2023 By CollisionWeek Editor

Auto Glass Now announced the opening of ten new facilities across the country. “It is an exciting time for our Auto Glass Now brand as our growth is continuing at a fast pace and in new regions,” said Nick Ouimet, glass president, Driven Brands. “Our expansion into new markets has allowed our services to span […]

Filed Under: News Tagged With: Auto Glass Now, Driven Brands, Network Affiliations

PACCAR and Toyota Announce Agreement to Commercialize Hydrogen Fuel Cell Trucks

May 3, 2023 By CollisionWeek Editor

PACCAR and Toyota Motor North America, Inc. today announced an expansion of their joint efforts to develop and produce zero emissions, hydrogen fuel cell (FCEV) Kenworth and Peterbilt trucks powered by Toyota’s next-generation hydrogen fuel cell modules. The expanded agreement supports ongoing development and commercialized zero-emission versions of the Kenworth T680 and Peterbilt 579 models […]

Filed Under: News Tagged With: Agreements Signed, Heavy Duty Trucks, Hydrogen, PACCAR, Toyota

Ford Motor Company Fund and Enterprise Holdings Foundation Expand Collision Engineering Program

May 2, 2023 By CollisionWeek Editor

Parkland College in Illinois is seventh U.S. school to offer program. The Enterprise Holdings Foundation and Ford Motor Company Fund have announced that the Parkland College Automotive Collision Repair Program in Champaign, Ill., has been selected as the seventh school to offer the Collision Engineering Program (CEP). The program expansion is made possible through the […]

Filed Under: News Tagged With: Agreements Signed, Career and Technical Education, Collision Engineering Program, Enterprise Holdings, Ford, Illinois, Parkland College, Ranken Technical College

Auto Care Association Forms Sustainability Committee

May 2, 2023 By CollisionWeek Editor

The Auto Care Association announced the formation of a new advisory committee that focuses on environmental sustainability in the auto care industry. The new Sustainability Committee aims to increase awareness of the importance of sustainability, create a long-term strategy to initiate evolution in our industry’s practices and highlight businesses that implement those practices. In its […]

Filed Under: News Tagged With: Auto Care Association, Sustainability

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