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Rhode Island $15 Minimum Wage Bill Signed into Law

May 20, 2021 By CollisionWeek Editor

Legislation will gradually raise the minimum wage to $15 over four years. Legislation sponsored by Rep. David A. Bennett and Sen. Ana B. Quezada to raise the minimum wage in Rhode Island from $11.50 to $15 over the next four years was signed into law by Gov. Dan McKee on May 20, two days after […]

Filed Under: News Tagged With: legislation, Minimum Wage, Rhode Island

Ford Announces Electric F-150 Lightning

May 20, 2021 By CollisionWeek Editor

Ford F-150 Lightning

Ford announced its all-electric F-150 Lightning will roll off the line next year at a new factory at Ford’s Rouge complex in Dearborn just outside Detroit. “For both Ford and the American auto industry, F-150 Lightning represents a defining moment as we progress toward a zero-emissions, digitally connected future,” said Bill Ford, executive chair, Ford […]

Filed Under: News Tagged With: Electric Vehicles, F-150, Ford Motor Company

ASE Webinar Friday Focused on Collision Repair for Commercial HD Vehicles

May 20, 2021 By CollisionWeek Editor

The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians on Friday, May 21 at 4:00 p.m. (EDT) entitled “Collision Repair for Commercial HD Vehicles.” Although a truck operates in a similar way as an automobile, the truck’s size often requires larger repair equipment and larger repair space. During […]

Filed Under: News Tagged With: 3M, ASE, Heavy Duty Trucks, Webinars

Boyd Group Acquires Collision Repair Center in Texas

May 20, 2021 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of a collision repair center in Amarillo, Texas. The new Gerber Collision & Glass location operated as a new car dealership and has great curb appeal on a major roadway. Amarillo is the county seat for Potter County, is the 14th most populous city in Texas and the […]

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

Property/Casualty Underwriting Profits Projected to Continue in 2021

May 20, 2021 By CollisionWeek Editor

Insurance Information Institute logo

Insurance Information Institute and Milliman project industry combined ratio of 99, virtually the same as 2020. Property/casualty insurers are projected to continue to post slight underwriting profits in 2021, according to a forecast by the Insurance Information Institute (Triple-I) and Milliman. The forecast projects a 2021 combined ratio of 99, virtually the same as last […]

Filed Under: News Tagged With: Insurance Information Institute, Millman, Profitability, Property Casualty Insurance

SCRS and OEC Announce Blueprint Optimization Tool Update

May 20, 2021 By CollisionWeek Editor

The Society of Collision Repair Specialists (SCRS) and OEC announced the release of a new update to the Blueprint Optimization Tool (BOT) that adds hundreds of new operations and features to the repairer-designed estimating resource. The update features crowd-sourced end-user feedback to bring in the most requested operations. These are operations often performed and overlooked […]

Filed Under: News Tagged With: NuGen IT, OEConnection, Society of Collision Repair Specialists

Ford Receives Award for Advanced High-Strength Steel Innovation

May 20, 2021 By CollisionWeek Editor

The American Iron and Steel Institute (AISI) awarded the “Automotive Excellence Award” to Ford Motor Company for their advanced high-strength steel (AHSS) innovations in the 2020 Ford Escape and Kuga. The award was presented today by John Catterall, vice president of AISI’s automotive program at the 19th annual Great Designs in Steel (GDIS) virtual symposium […]

Filed Under: News Tagged With: American Iron & Steel Institute, Awards, Ford Motor Company

Consumer Federation Warns Vehicle Shortage Wreaking Havoc with Car Buyer’s Pocketbooks

May 20, 2021 By CollisionWeek Editor

As Americans begin to see the light at the end of the COVID tunnel, record numbers of buyers are venturing back into auto showrooms.  “The problem,” says Jack Gillis, CFA’s Executive Director and author of The Car Book, “is that vehicle inventories are way down which means it’s a sellers’ market.  Limited supply is a […]

Filed Under: News Tagged With: Consumer Federation of America, New Vehicle Sales

Boyd Group Acquires Two Collision Repair Centers in Maryland

May 19, 2021 By CollisionWeek Editor

Adds one of the oldest collision repair operations in the state, founded nearly 100 years ago. The Boyd Group Inc. announced the acquisition of two collision repair centers in Baltimore and Reisterstown, Maryland. These new Gerber Collision & Glass locations operated as Camden Body & Fender, founded 96 years ago, and is one of the […]

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

CARSTAR Adds Collision Repair Center to Network in Myrtle Beach

May 19, 2021 By CollisionWeek Editor

CARSTAR Myrtle Beach

CARSTAR announced the opening of CARSTAR Myrtle Beach, a 7,500 sq. ft. collision repair facility, located at 1560 Highway 501 in Myrtle Beach, S.C. CARSTAR Myrtle Beach owner, Ken Depper, grew up in the industry as his father owned a body shop. Depper started spending summers in the facility at the age of 12. Depper’s […]

Filed Under: News Tagged With: CARSTAR, Network Affiliations, South Carolina

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