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Crash Champions Acquires 12 Collision Repair Centers in California in Two Transactions

September 20, 2022 By CollisionWeek Editor

Crash Champions, LLC today announced significant expansion to its California operations through the strategic acquisitions of Blake’s Auto Body and Pan American Collision Center. Together, the pair of acquisitions combine to add 12 high-quality collision repair locations across the state, increasing Crash Champions’ network to more than 100 state-of-the-art centers across the Golden State. “Both […]

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

Ford Warns Parts Shortages in Q3 Will Impact Financial Performance

September 20, 2022 By CollisionWeek Editor

Ford again affirmed its expectation for full-year 2022 adjusted earnings before interest and taxes of between $11.5 billion to $12.5 billion, despite limits on availability of certain parts as well as higher payments made to suppliers to account for the effects of inflation. According to the company, the supply shortages will result in a higher-than-planned […]

Filed Under: News Tagged With: Ford Motor Company, Parts Supply

IIHS Research Shows People Who Combine Alcohol and Marijuana Often Drive Afterward

September 20, 2022 By CollisionWeek Editor

A third of drivers who drink alcohol and use marijuana at the same time report getting behind the wheel within two hours of consumption, a new study from the Insurance Institute for Highway Safety shows. That’s a concern because evidence suggests the combination of alcohol and marijuana worsens driving performance more than either substance by […]

Filed Under: News Tagged With: Insurance Institute for Highway Safety, Marijuana Legalization

American Family Joins The Climate Pledge

September 20, 2022 By CollisionWeek Editor

American Family Insurance has become the first U.S.-based insurance company to join more than 375+ national and global companies across more than 53 industries and 34 countries in further committing to taking climate action by signing The Climate Pledge. Co- founded by Amazon and Global Optimism in 2019, The Climate Pledge is a commitment to […]

Filed Under: News Tagged With: American Family, Greenhouse Gas Emissions

LKQ Corporation Announces Leadership Appointments

September 19, 2022 By CollisionWeek Editor

CEO and Managing Director of LKQ Europe named along with new Senior VP and CFO. LKQ Corporation (NASDAQ:LKQ) today announced the Varun Laroyia, Executive Vice President and Chief Financial Officer, has been appointed as Chief Executive Officer and Managing Director of LKQ Europe and Rick Galloway, Chief Financial Officer of LKQ’s Wholesale – North America […]

Filed Under: News Tagged With: Europe, LKQ Corporation, People

SUN Collision Partners with CARS Cooperative

September 19, 2022 By CollisionWeek Editor

SUN Collision, a Snap-On brand, announced it has partnered with Collision Automotive Repair Services, Inc. (CARS) to offer its collision repair information to members at a discounted price. SUN Collision provides complete, accurate OEM information for both collision and mechanical repairs to help technicians fix cars faster and with more confidence. “We’re excited to partner […]

Filed Under: News Tagged With: Agreements Signed, CARS Cooperative, Snap-On, SUN Collision

ASA Webinar Examined Advanced Clean Cars II, Service Information, and Vehicle Data

September 19, 2022 By CollisionWeek Editor

The Automotive Service Association (ASA) hosted a bonus Webinar on Friday for a conversation with Bob Redding, ASA’s Washington, D.C. representative, and Steve Douglas, Vice President for Energy and Environment at the Alliance for Automotive Innovation. The webinar was focused on the recent California Air Resource Board (CARB) Advanced Clean Cars II (ACC-II) regulations and […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Automotive Service Assocation, California, Diagnostics, Electric Vehicles, OEM Repair Procedures, Regulations

Collision Repairers Gathers for Education, Camaraderie & Fun at AASP/NJ Fall Kickoff Event

September 19, 2022 By CollisionWeek Editor

An enthusiastic crowd of collision repairers from across New Jersey assembled at Car Lofts in Fairfield on September 14 for the Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) fall kickoff meeting. In the words of Executive Director Charles Bryant, “It was great to see so many familiar faces come out to not only […]

Filed Under: News Tagged With: AASP/NJ, Society of Collision Repair Specialists

Gas Prices Had Smallest Weekly Decline in Months as Demand Continues to Decline

September 19, 2022 By CollisionWeek Editor

AAA reported that fewer drivers fueling up helped the national average pump price for gasoline to drop four cents in the past week to reach $3.67. But it’s the smallest weekly decline in months and may signal that the streak of daily falling national average gas prices, approaching 100 days, is nearly finished. “All streaks […]

Filed Under: News Tagged With: AAA, Fuel Prices

Consumer Sentiment Slightly Up Off of Historic Lows

September 16, 2022 By CollisionWeek Editor

Preliminary results for September show consumers remain pessimistic. The University of Michigan Consumer Sentiment Index was up slightly in preliminary September data released this morning. According to Surveys of Consumers Director Joanne Hsu, consumer sentiment was essentially unchanged in September, up just 1.3 index points or 2.2% above August. The Index is 18.3% below the […]

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

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