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Modine Sells Majority of Automotive Cooling Business to Dana

November 4, 2020 By CollisionWeek Editor

Modine Manufacturing Company (NYSE: MOD) announced that it has signed a definitive agreement with Dana Incorporated to sell the liquid-cooled portion of its automotive business, which represents approximately 70% of its Automotive business revenue. The transaction is an important milestone in Modine’s previously announced plan to exit its Automotive business. The transaction is expected to […]

Filed Under: News Tagged With: Acquisitions, Modine

Balise Collision Repair Opens New Location in Massachusetts

November 3, 2020 By CollisionWeek Editor

Balise Collision Repair Hyannis

Newest facility is the dealer collision repair facility operator’s third in Massachusetts and sixth in New England. Balise Collision Repair, part of Balise Motor Sales, announced the opening of a sixth collision repair center on November 2. The new facility, at 90 High School Road Extension in Hyannis, Mass., and is the group’s third location […]

Filed Under: News Tagged With: Balise Collision Repair, Massachusetts, Openings

CSN Adds Collision Repair Center to Network in Alberta

November 3, 2020 By CollisionWeek Editor

CSN Strathmore

CSN Collision Centres announced an addition of CSN Strathmore to its network southern Alberta. CSN Strathmore Owner, John Carreon made the decision to join Team CSN in pursuit of a fresh start that promises to benefit the driving community of Strathmore. “We are a family-oriented business with close ties to our community, so it makes […]

Filed Under: News Tagged With: Alberta, Canada, CSN Collision Centres, Network Affiliations

IAA Announces Third Quarter Revenue Down 5.4%

November 3, 2020 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced consolidated revenues decreased 5.4% to $338.0 million from $357.3 million in the third quarter of fiscal 2019 that ended September 27. Foreign currency movements had a positive impact of less than $0.1 million on revenue for the third quarter of fiscal 2020. Third quarter revenue through July 2020 includes $1.1 […]

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

Sherwin-Williams Introduces New Solvent Refinish System

November 3, 2020 By CollisionWeek Editor

Sherwin-Williams, through its Automotive Finishes division, announced it recently introduced its Ultra BC8 Refinish System. European-designed for simplicity and accuracy, Ultra BC8 features a compact system with 65 toners delivering on both color intensity and brilliance. Sherwin-Williams complemented this new color system with its PREMIUM brand of powerhouse primer surfacers and sealers and show-quality clears. […]

Filed Under: News Tagged With: Refinish, Sherwin-Williams

Bosch and Hunter Engineering Partner on ADAS Calibration System

November 3, 2020 By CollisionWeek Editor

Bosch Hunter ADAS Collaboration

Bosch and Hunter Engineering announced today a collaboration to develop and sell advanced driver assistance calibration systems (ADAS) in North America. Technicians will benefit from an integrated alignment system from two of the most-trusted repair industry brands that delivers repeatable and documented calibration. Combining Bosch’s experience in ADAS system technology with the quality and credibility […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Bosch, Hunter Engineering, Recalibration

Consumer Sentiment Up Slightly in October

November 2, 2020 By CollisionWeek Editor

Consumer Sentiment October 2020

Election and COVID-19 resurgence weigh on consumers in University of Michigan survey. Consumer sentiment remained largely unchanged in October with gains in the prospects for the overall economy offset by declines in buying attitudes, according to the University of Michigan Surveys of Consumers. The expected improvements in the economy were largely driven by those who […]

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

Vehicle Service Group Expands Indiana Facility

November 2, 2020 By CollisionWeek Editor

The Vehicle Service Group (VSG), the operating company of the Dover Corporation that offers vehicle lifting, wheel service, collision repair and aftermarket OEM equipment, announced a $7 million expansion to its Madison, Ind. operation. The makeover will include a new paint line, improved manufacturing flow and increased manufacturing capacity. Founded in 1925, VSG began manufacturing […]

Filed Under: News Tagged With: Dover, Indiana, Openings, Vehicle Service Group

AASP/NJ Virtual Membership Meeting Examines Insurance Claim Settlement Issues

November 2, 2020 By CollisionWeek Editor

The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) hosted its annual virtual membership meeting via Zoom on October 29. The evening presentation featured guest speaker Jay Feinman, Rutgers Law professor and author of Delay, Deny, Defend: Why Insurance Companies Don’t Pay Claims and What You Can Do About It. Feinman’s discussion addressed the […]

Filed Under: News Tagged With: AASP/NJ, Annual Meeting, New Jersey

Indiana Autobody Association November 4 Webinar Examines Future of Industry

November 2, 2020 By CollisionWeek Editor

IABA logo

The Indiana Autobody Association (IABA) announced it will host a virtual event at 2 p.m. (EST) on November 4 titled Your Body Shop, Your Future: How the Industry is Influenced and Changes You Can Make. The webinar will include information on government relations, I-CAR and a Keynote presentation by Mike Anderson. The agenda for the […]

Filed Under: News Tagged With: Indiana Auto Body Association, Webinars

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