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Massachusetts Towing Company Owner Sentenced for Tax Fraud and Evading Cash Transaction Reporting

March 22, 2021 By CollisionWeek Editor

US DOJ seal

The owner of a Revere, Mass. towing company was sentenced on charges of engaging in an under-the-table payroll fraud scheme that defrauded the government of more than $3.3 million. Gennaro Angiulo, 49, of Nahant and Saugus, was sentenced by U.S. Senior District Court Judge Douglas P. Woodlock to 42 months of probation with 18 months […]

Filed Under: News Tagged With: Department of Justice, Lawsuits, Massachusetts, Towing

BASF Extends Refinish Commercial Supplier Agreement with Mercedes- Benz in Asia Pacific Region

March 22, 2021 By CollisionWeek Editor

BASF has recently secured a multi-year contract with Mercedes-Benz in the Asia Pacific (APAC) region that extends its longstanding, commercially approved supplier status with the car company to Australia, Japan, Malaysia, South Korea, Taiwan and Thailand. The agreement, which builds upon its agreement with Mercedes-Benz in the Europe, Middle East and Africa region, includes its […]

Filed Under: News Tagged With: Approvals, Asia, Australia, BASF, Japan, Malaysia, Mercedes-Benz, South Korea, Taiwan, Thailand

ASE and I-CAR Continue Collaboration to Support Collision Repair Training and Education

March 22, 2021 By CollisionWeek Editor

The National Institute for Automotive Service Excellence (ASE) and the Inter-Industry Conference on Auto Collision Repair (I-CAR) continue their collaboration and commitment to collision repair knowledge and skill excellence. The goal of this joint effort is to align education, training and certification requirements between the organizations in an effort to make it easier for Career […]

Filed Under: News Tagged With: ASE, I-CAR

Chubb Limited Proposes to Acquire The Hartford

March 19, 2021 By CollisionWeek Editor

Chubb The Hartford

Chubb Limited (NYSE:CB) and The Hartford (NYSE:HIG) confirmed that Chubb made an unsolicited offer to acquire the company. The Hartford was the 20th largest private passenger automobile insurer in the U.S. with over $2 billion premiums written in 2019 and the 12th largest commercial auto insurer with over $775 million in premiums written. Chubb is […]

Filed Under: News Tagged With: Acquisitions, Chubb Limited, The Hartford

SPAC Merger Talks Involving Solera Holdings Reportedly Halted

March 19, 2021 By CollisionWeek Editor

Bloomberg yesterday reported that merger talks have halted between the special purpose acquisition company (SPAC) Apollo Strategic Growth Capital (APSG) and Vista Equity Partners to merge with three of Vista’s automotive software portfolio companies, including Solera Holdings. According to Bloomberg, the talks involved a potential $15 billion transaction that would have merged Solera Holdings, Inc., […]

Filed Under: News Tagged With: Acquisitions, Apollo Strategic Growth Capital, Solera Holdings, Vista Equity Partners

Registration Open for WIN Virtual Annual Conference

March 19, 2021 By CollisionWeek Editor

2021 WIN Conference logo

The Women’s Industry Network (WIN) has opened registration for its 2021 Annual Conference. The conference will take place virtually on May 4-5. Programming begins at 10 a.m. each day and will conclude between 3 and 4 p.m. (EDT). The first 150 conference registrants will receive a ‘WIN Swag’ gift box. More information and registration for […]

Filed Under: News Tagged With: Annual Conference, Women's Industry Network

AASP-MN Announces May 20 In-Person Annual Meeting

March 19, 2021 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced that, with the recent easing of COVID-19 restrictions, its Annual Meeting and Leadership Conference will take place as an in-person event. The conference will be held Thursday, May 20, at Nicollet Island Pavilion in Minneapolis, Minn. “Celebrating Resilience,” is this year’s theme. Although the event […]

Filed Under: News Tagged With: AASP-MN, Annual Conference

LKQ Acquires Nebraska-Based Mobile Diagnostics Company

March 18, 2021 By CollisionWeek Editor

LKQ Corporation announced that it is acquiring Greenlight Automotive, a Nebraska-based automotive mobile diagnostic services business. Initially, until all systems are converted, Greenlight will continue to operate under its current branding. By year end, Greenlight will officially migrate to Elitek Vehicle Services branding. Through Greenlight, Elitek continues to expand its national coverage to include the […]

Filed Under: News Tagged With: Acquisitions, Diagnostics, LKQ Corporation, Nebraska

Registration Open for Auto Care Association’s Auto Care Connect Unified Virtual Event

March 18, 2021 By CollisionWeek Editor

The Auto Care Association announced the opening of registration for a new event experience, Auto Care Connect, which will serve as a unique annual event for association members spanning the full spectrum of the auto care industry. Auto Care Connect, set to take place during the month of May, will bring together 10 of the […]

Filed Under: News Tagged With: Auto Care Association

Auto Glass Week Heads to Orlando June 7-9

March 18, 2021 By CollisionWeek Editor

Auto Glass Week logo

Auto Glass Week (AGW), the worldwide event created and designed specifically for the auto glass original equipment (OE) and aftermarket, repair, and replacement industries, makes its way to the Orange County Convention Center in Orlando, Florida on June 7-9. Auto Glass Week hosts hundreds of leaders from a wide range of backgrounds as they come […]

Filed Under: News Tagged With: Auto Glass Week, Florida

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