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Fred Iantorno Named VP of Strategic Solutions at AirPro Diagnostics

April 26, 2022 By CollisionWeek Editor

AirPro Diagnostics, the remote diagnostics, scanning, programming, and ADAS calibration solution provider announced the appointment of Fred Iantorno as Vice President of Strategic Solutions. In his position Iantorno will assist in technology integration opportunities, market awareness of the AirPro Auggie, the company’s ADAS calibration device as well as its suite of advanced brand specific services.  […]

Filed Under: News Tagged With: AirPro Diagnostics, People

3M Acquires LeanTec to Support Collision Repair Inventory Management and Digital Solutions

April 25, 2022 By CollisionWeek Editor

Technology advances 3M ‘connected bodyshop’ vision and provides collision repair shop owners and managers more access to data for enhanced productivity. 3M (NYSE:MMM) today announced that it has acquired the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket segment in the United States and Canada. The acquisition will […]

Filed Under: News Tagged With: 3M, Acquisitions, Management Systems

Service King Reported Near Deal with Bondholders on Debt Relief

April 25, 2022 By CollisionWeek Editor

Collision repair chain reported close to deal that could cede control to its bondholders. Service King Collision Repair Centers, the consolidator with over 330 collision repair centers in the U.S. in more than 20 states, may be nearing a deal with bond holders to ease its debt load according to a report by Bloomberg based […]

Filed Under: News Tagged With: Service King Collision Repair Centers

GSB Industries Named Global Finishing Solutions Distributor in Georgia and Tennessee

April 25, 2022 By CollisionWeek Editor

Global Finishing Solutions (GFS) announced that GSB Industries has joined its automotive and truck refinish distribution team, bolstering GFS’ ability to provide extraordinary service to body shops and collision repair centers in Georgia and Tennessee. Founded in 2006, GSB Industries will supply, install and service a variety of automotive repair equipment. GSB Industries is the […]

Filed Under: News Tagged With: Agreements Signed, Georgia, Global Finishing Solutions, GSB Industries, Tennessee

Pennsylvania Attorney General Announces Settlements with Towing Companies over Violations of Consumer Protection Laws

April 25, 2022 By CollisionWeek Editor

Pennsylvania Attorney General Josh Shapiro announced April 20 that his office has reached a settlement with Michael Caban of Angelina’s Towing and Recovery LLC and Siani’s Towing and Recovery LLC, Ricardo Caban of Aubry’s Towing LLC, and Miguel Caban and Miguel Caban, Jr. The settlement is part of a larger effort on the part of […]

Filed Under: News Tagged With: Attorney General, Lawsuits, Pennsylvania, Towing

Messe Frankfurt Reschedules Two Automotive Trade Shows in China

April 25, 2022 By CollisionWeek Editor

Messe Frankfurt announced it is rescheduling two of its automotive aftermarket trade fairs in China as the Government has escalated several COVID-19 prevention and control measures. CAPAS Chengdu, the auto parts and aftermarket services show originally scheduled for May 19-21, will move to August 18 – 20, 2022.). In addition, the Auto Maintenance and Repair […]

Filed Under: News Tagged With: Auto Maintenance and Repair Expo, China, Coronavirus, Messe Frankfurt

Classic Collision Acquires Repair Center in Houston, Texas

April 22, 2022 By CollisionWeek Editor

Classic Collision announced the acquisition of Uptown Collision in Houston, Texas. Uptown Collision Center has serviced Houston Galleria and Metro Houston since 2010. Their goal was to expedite the vehicle repair process to ensure the customer is on their way in their repaired vehicle as soon as possible. “This business has brought a good service […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Texas

LexisNexis U.S. Auto Insurance Trends Report Details Trends in the Aftermath of Pandemic-Induced Supply Shortages, High Inflation Rates, New Driving Behaviors

April 22, 2022 By CollisionWeek Editor

LexisNexis Risk Solutions today released its 2022 U.S. Auto Insurance Trends Report, which aggregates annual market data about driving behaviors, auto insurance shopping, underwriting and claims to help insurers better navigate a myriad of evolving trends impacting the U.S. auto insurance industry. This year’s report analyzes 2021 data, detailing how the industry continues to navigate […]

Filed Under: News Tagged With: LexisNexis Risk Solutions

AMi Provides Online Training Support to Industry

April 22, 2022 By CollisionWeek Editor

The Automotive Management Institute (AMi) announced plans to expand its partnerships with companies and industry training providers to convert instructor-led training to online courses and provide industry-based accreditation. As the industry continues to adapt to the industry challenges, many organizations are facing tough decisions, from cutting training budgets to laying off staff. AMi, along with […]

Filed Under: News Tagged With: Automotive Management Institute, Online Training

LKQ Corporation Completes Sale of PGW Auto Glass Business to One Equity Partners

April 21, 2022 By CollisionWeek Editor

Sale price was $362 million. LKQ Corporation (NASDAQ:LKQ) announced that it has completed its previously announced agreement to sell PGW Auto Glass, a distributor of aftermarket glass to the North American automotive sector, to One Equity Partners. The sale price was $362 million, subject to customary post-closing purchase price adjustments. LKQ will report the financial […]

Filed Under: News Tagged With: Acquisitions, LKQ Corporation, One Equity Partners

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