Adds four locations in two transactions. Classic Collision, LLC announced Friday it closed the acquisition of four new collision repair centers in two separate transactions. Classic Collision acquired David Collision Repair with a single location in Georgetown, Texas and CARSTAR Jerry Rhynes Collision with three locations in Albemarle, Charlotte and Pineville, N.C. Since 1978, David […]
National Auto Body Council Opens Nominations for Annual Awards
The National Auto Body Council (NABC) announced it is opening the nominations for its 2023 NABC Changing and Saving Lives Award and the NABC President’s Award, which formally recognize individuals and companies for their leadership of and commitment to improving the collision repair industry. The NABC President’s Award is designed to honor the NABC member […]
Still Time to Register for ASE Instructor Conference
There is still time to register for the 2023 ASE Instructor Training Conference. Hosted by the ASE Education Foundation, the conference is scheduled for July 17-20 in Concord, North Carolina, just outside of Charlotte. Offering more than 20 hours of technical update training, the in-person conference will provide separate tracks for auto, medium/heavy truck and […]
Allstate Reports Replacements of Catalytic Converters up Nearly 1,200% Since 2019
The latest numbers from Allstate show that catalytic converter replacements among its customers grew 1,155% nationally between 2019 and 2022. And Allstate is not alone in this epidemic. According to the National Insurance Crime Bureau, an insurance industry trade organization, catalytic converter thefts nationwide increased 1,215% between 2019 and 2022. In several states, Allstate saw […]
LexisNexis Reports Auto Rate Increases Drove 17% Growth in New Auto Policies in First Quarter
Growth likely to slow in second half of 2023 as more auto insurers raise rates. The latest edition of the LexisNexis Risk Solutions Insurance Demand Meter reports the quarterly year-over-year U.S. auto insurance shopping growth rate rose 10.2% in Q1 2023, up from +2.8% growth in Q4 2022 as auto insurers continue to implement widespread […]
AkzoNobel Reports Carbeat Reduces Collision Repair Shop Cycle Time 10-15%
AkzoNobel (AMS:AKZA) reports that its collision repair and automotive refinishing customers are reducing keys-to-keys cycle times due using Carbeat, a data-driven digital project management process simplifying the shopfloor workflow, while tracking critical data using a seamless blend of technology and services. According to the company, its customers are experiencing a 10 to 15 percent reduction […]
Audatex UK and Bodynet Extend Integration with Automated Two-Way Image Data Flow
Audatex UK announced that as part of the latest integration enhancements, images of damaged vehicles can now be seamlessly passed between Audatex and Bodynet, improving on the existing integration between the Bodynet management solution and AudaEnterpriseGold. The reliable flow of repair data and information is critical to allow for higher automation and improved efficiency, especially […]
Copart Reports Fiscal Third Quarter Revenue Up Nearly 9%
Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30, revenue was $1,021.8 million, an increase in revenue of $81.9 million, or 8.7% from the same period a year ago. Gross profit was $483.4 million, an increase of $47.2 million, or 10.8%, and net income was $350.4 million an increase of $71.8 million, or […]
ASE May 23 Webinar Examines Collision Repair Training Program Paint Operation Improvements
The National Institute for Automotive Service Excellence (ASE) is hosting a free on Tuesday, May 23 at 4:00 p.m. ET entitled Paint Operation Improvements. In this webinar, Jason Garfoot with 3M will discuss how to improve paint operations for collision repair training programs. These programs are facing many of the same challenges – reduced budgets, […]
CARFAX Reports Alarming Number of Cars with Urgent Recalls Remain Unrepaired in the U.S.
California, Texas and Florida each have more than 200,000 vehicles with critical safety recalls. More than 2.5 million vehicles that have been tagged with Do Not Drive or Park Outside safety recalls remain unrepaired as of May 1, CARFAX data shows. Ten states have more than 70,000 of these vehicles driving on their roads, with […]
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