Government alleges defendant orchestrated kickback scheme and lied to secure PPP loan. Geoffrey M. Palermo, owner of GMP Cars, was charged in a criminal complaint with wire fraud and making false statements in a loan application in connection with multiple schemes to defraud from 2013 to 2020. According to the complaint, Palermo, 56, of Novato, […]
John Lindle Joins Original One Parts Board
Original One Parts announced the appointment of John Lindle to its Board of Directors. Lindle grew up working in a body shop and later worked as a general manager of a large direct repair shop for major auto insurers. Lindle left the collision repair industry in 1995 to start his own business rebuilding and brokering […]
CARSTAR Adds Collision Repair Center to Network in Illinois
CARSTAR announced the opening of CARSTAR Geneva Body Shop, a 25,000 sq. ft. collision repair center, located at 901 N. Raddant Road, in Batavia, Ill. Owner of CARSTAR Geneva Body Shop, Pasquale Roppo, has been in the collision repair industry for over 35 years. Originally from Italy, Pasquale moved to the U.S. and got a […]
Collision Industry Foundation Distributed Over $250,000 in COVID-19 Assistance
As COVID-19 began spreading across our nation in March resulting in financial impact to collision repair industry businesses and individuals became evident, the Collision Industry Foundation (CIF) Board of Trustees created a special fund to provide assistance for those directly affected by the Coronavirus crisis. Beginning in late March and throughout all of May, CIF […]
Axalta Breaks Ground on Refinish Facility in the Netherlands
Axalta Coating Systems (NYSE:AXTA) broke ground June 19 on its new, 7,250 square-meter (78,000 sq. ft.) facility to support its refinish business in the Netherlands that was announced last year. The new facility will be equipped with the latest technology and energy-saving features. Construction at the site in Tiel is expected to be completed by […]
Progressive Reports Personal Auto Policies in Force Up 11% in May Compared to 2019
Net income up 95% for the month compared to last year for the second month in a row. The Progressive Corporation (NYSE:PGR) reported that its total personal auto policies in force in May were 15,771,100, up 11 percent from 14,199,900 in May 2019. Agency channel auto policies in force totaled 7,336,700, up 9 percent from […]
Uni-Select Says April and May Sales Better Than Expected
Uni-Select Inc. (TSE:UNS) announced that following the implementation of a number of actions to respond to the COVID-19 pandemic as previously reported, its operating performance was better than anticipated with sales for April and May as well as cash management better than the internal forecast set in late March in response to the uncertainty surrounding […]
AAA Says Price Increases Slow Alongside Dip in Gas Demand
The rate at which gas prices are increasing across the country is slowing. Thirty states only saw an increase of a penny or two, causing the national average to push more expensive by three cents to $2.13 since last Monday. The slower rate can be tied to demand. Measuring at 7.87 million b/d, gasoline demand […]
INA PAACE Automechanika Mexico City Rescheduled to July 2021
After extensive discussions with the automotive community and thoughtful consideration of the current environment in Mexico, organizers of INA PAACE Automechanika Mexico City have made the determination to postpone the July 2020 edition of the event until July 21 – 23, 2021 at Centro Citibanamex, Mexico City. The show had previously been postponed from July […]
CARSTAR Adds Collision Repair Center to Network in San Francisco
CARSTAR announced the opening of CARSTAR Sunset Auto Reconstruction, a 6,000 sq. ft. collision repair facility located at 1270 20th Avenue, in San Francisco, Calif. Victor Sirhan, owner of CARSTAR Sunset Auto Reconstruction, has been in the collision repair industry for 14 years, originally starting on the insurance side. Two years ago, Victor purchased the […]
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