The members, partners and colleagues of the National Auto Body Council saddled up for the NABC Pars for Cars Golf Fundraiser, presented by Enterprise, and a NABC Recycled Rides presentation – all held on Tuesday, April 4, at Lone Star Golf Course in Euless, Texas. Each year, the NABC and its member partners raise funds […]
Property/Casualty Insurance Underwriting Losses Soar, Net Income Shrunk in 2022
The $26.9 billion underwriting loss is the largest since 2011. Key financial results for private U.S. property/casualty insurers significantly worsened in 2022 from a year earlier, according to preliminary results from Verisk (NASDAQ: VRSK), a leading global data analytics provider, and the American Property Casualty Insurance Association (APCIA). The industry experienced a $26.9 billion net […]
Meyer Distributing Opens New Location in Maryland
Meyer Distributing, Inc., a leader in automotive specialty products marketing and distribution, announces the addition of its Hanover, Md. cross-dock. The cross-dock will have a direct feed from Meyer’s Pennsylvania distribution hub, which houses one of the largest inventories of automotive accessories, collision repair parts, and RV parts in the region. “It’s been a busy […]
WIN Announces Speaker Slate and Supporting Programs for 2023 Conference
The keynote speakers and full slate of in-depth professional sessions, networking and community outreach programming is set for the Women’s Industry Network (WIN) 2023 Educational Conference. This year’s conference, under the theme of Reimagining Tomorrow, will be May 1-3 at the WESTIN San Antonio Riverwalk in San Antonio, Texas. Registration closes April 24th and there […]
LKQ Europe Partners with GEP for Procurement and Supply Chain Software
GEP, a provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that LKQ Europe, the leading distributor of automotive aftermarket parts for cars, commercial vans and industrial vehicles in Europe has selected, rolled out and started using GEP software. LKQ Europe, a subsidiary of […]
Quality Collision Group Acquires Schaefer Autobody Centers
Adds 14 locations in Midwest. Quality Collision Group announced the continued growth of its organization with the acquisition of 14 Schaefer Autobody Centers. Quality Collision Group, formed by Susquehanna Private Capital, LLC following its 2020 acquisition of Brandywine Coach Works. continues its strategic focus on building the nation’s largest and most trusted OEM-certified collision repair […]
U.S. Light Vehicle Sales Up Sharply in March
Sales grew by 8.6% compared to last year. U.S. Light Vehicle sales totaled 1.37 million units in March, according to LMC Automotive, a GlobalData Company. This translates to a year-over-year (YoY) gain of 8.6%, with the same number of selling days as in March 2022. In absolute terms, March saw the highest sales volumes of […]
Wesco Group Acquires Northern California PBE Distributor
Wesco Group, the paint, body and equipment (PBE) distributor in the U.S. and Canada, announced the acquisition of B&Z Auto Color’s three locations in Northern California in the communities of Modesto, Stockton and Turlock. B&Z has been servicing the Northern California market since 1923. The family has built a strong reputation over the years with […]
CAWA Joins the Global Vehicle Right to Repair Movement
The California Automotive Wholesalers’ Association (CAWA), that represents the automotive parts industry, has joined other global association leaders to support the critical global right to repair movement by signing the new right to repair position statement. The statement enumerates the core beliefs of the movement and the objectives and intended outcomes of right to repair […]
Philadelphia Customs and Border Protection Seizes Nearly $200K in Counterfeit Collision Repair Parts from China
U.S. Customs and Border Protection officers seized a Philadelphia-bound shipment of counterfeit auto parts on March 27 that consisted of 177 pieces, including air bag covers, aluminum hoods, front fenders and bumpers, and badges bearing trademarked logos of Chevrolet, Buick, and Dodge. The counterfeit auto parts were valued at $196,035 manufacturer’s suggested retail price (MSRP), […]
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