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Crash Champions Acquires Collision Repair Centers in New Jersey and Pennsylvania

May 23, 2022 By CollisionWeek Editor

Crash Champions, LLC announced that it has grown its presence in New Jersey and Pennsylvania through the acquisition of Jost Collision and Garage, consisting of two locations at 1502 NJ-138 in Wall Township and 1704 Huntington Ave in Neptune City, N.J. and the acquisition of Syrena Collision Center consisting of two shops located at 691 […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, New Jersey, Pennsylvania

Industry Professionals Talked Shop and Solutions at AASP/NJ Town Hall Meeting

May 23, 2022 By CollisionWeek Editor

The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) brought together dozens of automotive industry professionals May 19 at the Holiday Inn in Clark, NJ for a Town Hall meeting. All attendees were invited to speak their minds, share experiences and collaborate to find solutions to some of the biggest challenges plaguing the industry. […]

Filed Under: News Tagged With: AASP/NJ, New Jersey

LKQ Releases 2021 Sustainability Report

May 23, 2022 By CollisionWeek Editor

Unveils its new brand identity. LKQ Corporation (NASDAQ:LKQ) released its 2021 Sustainability Report and unveiled its new brand identity, reflecting the Company’s transformation from a salvage dismantler and recycler to a leading global value-added and sustainable distributor of vehicle parts, accessories, and services. LKQ’s 2021 Sustainability Report, highlights key environmental, social, and governance (ESG) accomplishments. […]

Filed Under: News Tagged With: ESG, LKQ Corporation, Sustainability

Funeral Services Announced for Sheila Loftus June 4 in New York City

May 23, 2022 By CollisionWeek Editor

Services for Sheila Loftus, the longtime executive director of the Washington Metropolitan Auto Body Association (WMABA) and editor and publisher of Hammer & Dolly, the association’s monthly trade magazine, who passed away May 11 were announced in an online obituary. Funeral services will be held Saturday, June 4 at Fort Washington Collegiate Church, located at […]

Filed Under: News Tagged With: Obituaries, People, Washington Metropolitan Auto Body Association

Increased Demand for Gasoline Pushes Prices to Record Levels

May 20, 2022 By CollisionWeek Editor

Gasoline demand was up 3.7% last week compared to the previous week. Since Monday, the national average for a gallon of regular gasoline reported by AAA has increased by 11 cents to $4.59 a new record. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 4.8 million barrels […]

Filed Under: News Tagged With: AAA, Fuel Prices, Gasoline Demand

Partsmax Expands Sales Team

May 20, 2022 By CollisionWeek Editor

Miami, Florida-based Partsmax announced that it has expanded its sales team, a strategic move that will directly benefit customers. “We’re always looking for ways to serve our customers to the best of our ability,” said Ricky Dorta, CEO of Partsmax. “Adding great people to our team is one of the best ways to do that.” […]

Filed Under: News Tagged With: Florida, Partsmax

NOVUS Glass Adds New Location in Kelowna, British Columbia

May 20, 2022 By CollisionWeek Editor

Kelowna, one of the fastest growing cities in western Canada, has become the latest location to offer NOVUS Glass’ glass repair and replacement services. NOVUS Glass Kelowna, located at 2343 Leckie Rd. in Kelowna, B.C., Canada, joins Fix Network’s global portfolio of locally owned and operated aftermarket franchise centers across the world. The center’s operations […]

Filed Under: News Tagged With: British Columbia, Canada, Network Affiliations, Novus Glass

Ford Issues Park Outside Warning for 2021 Expeditions and Lincoln Navigators

May 20, 2022 By CollisionWeek Editor

Vehicle manufacturer confirms 16 fires, most in unattended vehicles. Ford Motor Company is warning rental car companies and other owners of 2021 Ford Expeditions and Lincoln Navigators to park their vehicles outside due to the risk of fire. The automaker has confirmed 16 fires, mostly in vehicles that were unattended. Fourteen of these fires were […]

Filed Under: News Tagged With: Ford Motor Company, Recalls

AkzoNobel’s Tim Ronak Joins CIECA Board

May 20, 2022 By CollisionWeek Editor

CIECA announced yesterday that Tim Ronak, senior services consultant for AkzoNobel, joined CIECA’s Board of Trustees, effective immediately. He will be representing the Society of Collision Repair Specialists (SCRS). “I’m excited to be part of the CIECA Board of Trustees and help develop and promote the next generation of industry standards,” said Ronak. “Without a […]

Filed Under: News Tagged With: AkzoNobel, Board of Trustees, Collision Industry Electronic Commerce Association, People, Society of Collision Repair Specialists

Copart Reports Revenue of $939.9 Million in Fiscal Third Quarter

May 19, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported revenue for the quarter ended April 30 was $939.9 million, an increase of $206.0 million, or 28.1%, from the same period last year. Gross profit was $436.3 million, an increase of $54.9 million, or 14.4%. Net income was $278.6 million, a decrease of $8.2 million, or 2.9% from last year. […]

Filed Under: News Tagged With: Copart, Earnings

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