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Boyd Group Acquires Collision Repair Center in Georgia

May 14, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Buford, Georgia. This new Gerber Collision & Glass location operated as an independent collision and mechanical repair facility. Located approximately 40 miles northeast of Atlanta and 12 miles from our Duluth repair center, Buford is located primarily in Gwinnett County, however a […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Georgia

State Farm to Offer Customers Claim Payouts with Fiserv Digital Pay Solution

May 14, 2021 By CollisionWeek Editor

State Farm, the largest insurer of cars and homes in the U.S., is accelerating the claims payout process for auto and fire customers with technology from Fiserv, Inc., a leading global provider of payments and financial services technology solutions. With Digital Pay, State Farm customers will now have greater flexibility in how they receive approved […]

Filed Under: News Tagged With: Agreements Signed, Digital Payments, Fiserv, State Farm

AASP/MA Explores NABR Labor Rate Research at Membership Meeting

May 14, 2021 By CollisionWeek Editor

On May 5, the Alliance of Automotive Service Providers of Massachusetts (AASP/MA) hosted a General Membership Meeting with guests Richard and Sam Valenzuela of National AutoBody Research (NABR), who provided an extensive update on how their company’s work with the association continues to result in realistic, statistically valid posted rate information for Massachusetts shops that […]

Filed Under: News Tagged With: AASP/MA, Labor Rates, Massachusetts, National AutoBody Research

Uni-Select Reports First Quarter Sales Down 9.2% on Continuing Impact of Pandemic

May 13, 2021 By CollisionWeek Editor

Organic growth down 10.2%. Uni-Select Inc. (TSE:UNS) today reported consolidated sales of $370.1 million for its first quarter ended March 31, down by 9.2% compared to the same quarter in 2020. According to the company sales were mainly impacted by the COVID-19 pandemic. The Corporation is reporting negative consolidated organic growth of 10.2%, predominantly from […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Hertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 Exit

May 13, 2021 By CollisionWeek Editor

Hertz Global Holdings, Inc. (OTCPK:HTZGQ) announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management LLC , Certares Opportunities LLC and Apollo Capital Management, LP, […]

Filed Under: News Tagged With: Hertz

ProColor Collision Adds Collision Repair Center to Network in Etobicoke, Ontario

May 13, 2021 By CollisionWeek Editor

ProColor collision announced the opening of ProColor Collision Etobicoke North facility in Etobicoke, Ontario, Canada, this week. Owner operator Shanif Daya has been associated with the collision repair industry for over 40 years, 34 of which were spent in running his own business, Premium Auto Body, in Etobicoke. Today, his facility is synonymous with high […]

Filed Under: News Tagged With: Canada, Network Affiliations, Ontario, ProColor Collision

FinishMaster Partners with Collision Repair Education Foundation for PiN MASTER Challenge

May 13, 2021 By CollisionWeek Editor

PiN Master Challenge 2021 logo

FinishMaster announced it has partnered with Collision Repair Education Foundation (CREF) to create the first annual PiN MASTER challenge for high school and college collision repair students. The PiN MASTER challenge, part of the FinishMaster’s Hood Master challenge, gives collision students across the country an opportunity to showcase their custom painting skills and win some […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, FinishMaster

Fix Auto UK Announces Partnership with Amicus Distribution Network

May 13, 2021 By CollisionWeek Editor

Fix Auto UK has become the first repair network in the country to forge a close working partnership with Amicus, the industry’s latest national distribution network, created by the Grove Group and Fleet Factors and launched last month. The new organization aims to bring together repair and refinish supplies through multiple organizations and form a […]

Filed Under: News Tagged With: Agreements Signed, Amicus, Fix Auto UK, Fleet Factors, Grove Group, United Kingdom

Boyd Group Reports Sales Down 9.9% in First Quarter

May 12, 2021 By CollisionWeek Editor

Same store sales down 12.6% on days adjusted basis. Announces acquisition of three collision repair centers in Hawaii. Boyd Group Services Inc. (TSE:BYD.TO) today announced sales decreased by 9.9% to $421.6 million in its first quarter ended March 31, down from $467.8 million in the same period of 2020. Same-store sales decreased by 14.2%, with […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Earnings, Hawaii

AASP/MA Position Statement Says Insurance Referral Contracts Are Detriment to Industry

May 12, 2021 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Massachusetts (AASP/MA) has issued a mission statement and a position statement on insurance referral and “program” contracts to effectively communicate its offering to the auto body community and motoring public. AASP/MA’s position statement regarding insurance referral and “program” contracts is as follows: AASP/MA is a pro-consumer association representing […]

Filed Under: News Tagged With: AASP/MA, Direct Repair Programs, Massachusetts, Position Statement

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