Acquisition strengthens Sentry Insurance position in non-standard auto insurance market. Sentry Insurance, one of the nation’s top mutual insurance companies, yesterday announced the completion of its acquisition of The General , a leading provider of non-standard auto (NSA) insurance, from American Family Insurance. The $1.7 billion transaction, first announced in September, represents the largest acquisition […]
Joe Hudson’s Collision Center Marks 250th Location Milestone with Maryland Acquisition
Also announces two greenfield locations in Georgia. Joe Hudson’s Collision Center (JHCC) announced the acquisition of its 250th location. The consolidator acquired Cliff’s Hi-Tech Body Shop in Essex, Md, in December. Alongside this landmark acquisition, JHCC is also expanding its footprint with the opening of two new greenfield locations in Georgia. Brant Wilson, CEO of […]
Wesco Acquires Colortone Automotive Paints
Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced the acquisition of Los Angeles, Calif.-based Colortone Automotive Paints. Colortone Automotive Paints has been servicing the greater LA market since 1933. Stan Reshes became the third owner in 1979, who over time brought in his three sons into the business. Now […]
AASP/NJ Recognizes DJ’s Restoration as 2024 Body Shop of the Year
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) recognized longtime member shop, DJ’s Restoration of Ewing, N.J., with the Stan Wilson/New Jersey Automotive Body Shop of the Year Award during their recent Annual Meeting. Every year, the association acknowledges the value that individual members contribute to the association and the industry at-large by […]
Abra Elk River Restores 1977 Mercury Comet for Man Battling Cancer
After months of hard work and dedication, the team at Abra Elk River in Elk River, Minn. has made Tim McDonald’s dream a reality. They took on the restoration of his 1977 Mercury Comet, a classic two-door V8 car, and transformed it from a completely disassembled project into a nearly completed masterpiece. Tim McDonald, who […]
89.6 Million Auto Sales Forecast Worldwide in 2025
US sales volume projected to reach 16.2 million vehicles. Battery electric vehicles projected to continue growth in market share. Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, to 89.6 million units, according to a new forecast by S&P Global Mobility. The global auto sector remains focused on managing production and […]
Nissan, Honda and Mitsubishi to Consider Business Integration
Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. announced in December they have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company. If the business integration can be realized, the companies aim to integrate their respective […]
Happy Holidays from CollisionWeek
Happy Holidays from the staff of CollisionWeek. We wish you and your family a safe and happy holiday season and thank you for your support in 2024. While we will keep an eye out for breaking news during the holiday period, daily news coverage, including emails, will resume on January 2, 2025.
Record Number of Holiday Travelers Expected
AAA projects more than 119 million Americans will travel over the year-end holidays. AAA projects 119.3 million people will travel 50 miles or more from home over the year-end holiday period from Saturday, December 21 to Wednesday, January 1. This year’s domestic travel projection narrowly surpasses the previous record set in 2019 by 64,000 travelers. […]
Collision Repair Education Foundation End of Year Scholarship Fundraiser Highlights Success Stories of Past Recipients
The Collision Repair Education Foundation (CREF) is highlighting “Where Are They Now?” in a series of profiles of past scholarship recipients as it seeks to raise $20,000 at the end of 2024 to fund additional scholarships collision repair students. The profiles and a link to donate are available online. The series showcases the journeys of […]
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