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ARA Members Form New Partnership in California

August 4, 2021 By CollisionWeek Editor

The Automotive Recyclers Association (ARA) announced two long-time ARA member facilities formed a new partnership. Arizona Auto & Truck Parts/Pull N Save and Allied Auto Salvage announced a collaboration named Pull N Save Riverside (PNSR) in Riverside, Calif. PNSR will continue the full-service auto parts operation under the Allied brand in addition to adding a […]

Filed Under: News Tagged With: Agreements Signed, Allied Auto Salvage, Arizona Auto & Truck Parts, Automotive Recyclers Association

Safelite Acquires Advanced Glass & Trim in Wyoming

August 3, 2021 By CollisionWeek Editor

Safelite Group, the parent of Safelite AutoGlass, announced an agreement to acquire Advanced Glass & Trim in Jackson, Wy. The transaction was completed on Friday, July 30. “We’re pleased to welcome Advanced Glass & Trim associates to the Safelite family,” said Tom Feeney, president and CEO of Safelite Group. “Open since 2004, their focus on […]

Filed Under: News Tagged With: Acquisitions, Safelite, Wyoming

Advance Auto Parts Commits $250,000 to Increase Diversity Among Automotive and Collision Repair Technicians at Wake Tech Community College

August 3, 2021 By CollisionWeek Editor

Gift will support recruitment initiative to increase diversity in the school’s automotive programs and provide tools for the new Hendrick Center for Automotive Excellence The Advance Auto Parts Foundation, the philanthropic arm of Advance Auto Parts, Inc. (NYSE: AAP), announced a $200,000 commitment and partnership with Wake Technical Community College in North Carolina for a […]

Filed Under: News Tagged With: Advance Auto Parts, Career and Technical Education, Donations, Wake Tech Community College, Workforce Development

Huard Acquires Arizona Collision Repair Center

August 3, 2021 By CollisionWeek Editor

James Huard, a long-time industry veteran operating and managing many body shops during his 35-year career has become the new owner-operator of Painter’s Collision Center, along with his wife Kelly Huard. Operating in Queen Creek, Ariz., a suburb of Phoenix. Painter’s Collision Center is a 25,000 sq. ft. facility with 16-member team that has a […]

Filed Under: News Tagged With: Acquisitions, Arizona, Painter's Collision Centers

IAA Announces Second Quarter 2021 Revenue of $445 Million

August 3, 2021 By CollisionWeek Editor

IAA, Inc. (NYSE:IAA) announced consolidated revenues increased 50.0% to $445.1 million in its second quarter that ended June 27 from $296.8 million in the second quarter of fiscal 2020. Foreign currency movements resulted in a benefit of $5.9 million to revenue for the quarter. Excluding this impact, organic revenue increased 48.0% to $439.2 million, consisting […]

Filed Under: News Tagged With: Earnings, Insurance Auto Auctions

PPG Recognized for Environmental, Social and Governance (ESG) Practices

August 3, 2021 By CollisionWeek Editor

PPG (NYSE:PPG) announced that it has been named to the FTSE4Good Index Series for the third consecutive year. The index measures the performance of companies’ environmental, social and governance (ESG) practices. “Our unwavering commitment to developing and delivering the paints and coatings that will create solutions today for a more sustainable tomorrow is backed by […]

Filed Under: News Tagged With: Environmental, PPG Industries

Eric Wilbert Nominated to Join Executive Committee of Automotive Recyclers Association

August 3, 2021 By CollisionWeek Editor

The Automotive Recyclers Association (ARA) announced that professional automotive recycler Eric Wilbert of Wilbert’s U-Pull-It, LLC in Williamson, N.Y. has been nominated to join the Association Executive Committee as Secretary for 2021-2022. “Coming from a family with predecessors that have been very active with many associations, I am incredibly honored to be nominated as the […]

Filed Under: News Tagged With: Automotive Recyclers Association, Board of Directors, People

Consumer Sentiment Declines on Concerns Over Slowdown in Economy Amid Rising COVID Risks

August 2, 2021 By CollisionWeek Editor

Consumer Sentiment Index July 2021 Chart

Concerns over inflation at highest levels in more than 50 years. Consumer sentiment fell in July, posting a monthly decline of 5.0% from June, falling to the lowest level since February, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 81.2 in July 2021 from June’s 85.5, and the […]

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

Classic Collision Acquires 14 Collision Repair Centers in Pacific Northwest

August 2, 2021 By CollisionWeek Editor

With the acquisition, Classic now operates 100 locations in eight states. Classic Collision, LLC announced the acquisition of 14 Central Auto Body locations in Oregon and Washington. Classic Collision now operates a total of 100 repair centers in Georgia, Florida, Alabama, South Carolina, California, Alaska, Oregon, and Washington. Central Auto Body, in business for three […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Oregon, Washington State

CCC and Dragoneer Investment Group Close SPAC Merger

August 2, 2021 By CollisionWeek Editor

CCC Intelligent Solutions Inc. and Dragoneer Investment Group, LLC completed the previously announced business combination of CCC and Dragoneer Growth Opportunities Corp., a special purpose acquisition company (SPAC) formed by Dragoneer Investment Group on July 30. The Business Combination was approved by Dragoneer shareholders at a special meeting held July 29. Starting today, the common […]

Filed Under: News Tagged With: Acquisitions, CCC

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