Two collision repair shop employees have pleaded guilty to corrupting witnesses and making bribes for false testimony as part of a conspiracy to obtain acquittals at a March 2012 criminal trial involving a scheme to intentionally damage motor vehicles in order to make insurance claims, Massachusetts Attorney General Maura Healey announced yesterday. Fred Battista, age […]
Boyd Group Acquires Ten Collision Repair Center MSO in Ohio and Kentucky
The Boyd Group Inc. announced that it has acquired ten collision repair centers located in the Cinncinnati, Ohio and Kentucky. The centers, that will operate as Gerber Collision & Glass, were founded in 1990 and previously operated as Collision Care Centers. The new facilities are located in the Ohio communities of Blue Ash, Cincinnati (two locations), […]
Axalta Acquires Netherlands Distributor Geeraets Autolak
Axalta Coating Systems (NYSE:AXTA) announced it has acquired the business of Geeraets Autolak, a distributor of Axalta’s Cromax refinish coating products in the Netherlands for nearly 40 years. The operations of Geeraets Autolak will be integrated into the Axalta organization, operating under the Cromax name. The acquisition takes effect immediately. Financial terms of the agreement […]
Collision Works Acquires Three Collision Repair Centers in Kansas
Collision Works, with seven locations across Oklahoma, has acquired three locations, as well as an auto glass company, previously owned by Auto Masters. The acquisition represents Collision Works’ initial entry into the Kansas market. The three locations serve greater Wichita. “The acquisition of the three Auto Masters locations is an important step in executing our […]
SCA Appraisal Launches Photo Appraisal App
SCA Appraisal Company announced the available of its Streamline white-label app to help auto insurance carriers to save time and loss adjustment expense (LAE). SCA’s Streamline transforms the process from three days to an SCA- guaranteed three hours from photo receipt. The app is available for both Apple or Android phones to download. The app […]
AASP/NJ Creates Auto Body License Assistance Guide for Members
According to Charles Bryant, Executive Director of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ), there is still plenty of time for New Jersey collision repair shops to submit their Auto Body License renewal. Unless shops have changed their type of business, organization or business address, the deadline to submit the renewal is […]
Carlyle Group to Sell Remaining Stake in Axalta
Axalta Coating Systems Ltd. (NYSE:AXTA) last week announced a secondary offering of of 41,621,996 common shares by affiliates of The Carlyle Group . The offering was subsequently priced at $28.25 a share, providing Carlyle with $1.175 Billion. Axalta will not receive any of the proceeds from the offering of shares by Carlyle. According to a […]
Auto Safety Advocates Call for Testing of Autonomous Vehicle Technology
Consumer safety advocates express concern over promotion of robotic technology at the expense of safety standards. Cite Tesla crash as failure by safety regulator. In a letter to National Highway Traffic Administration (NHTSA) Administrator Mark Rosekind last week, auto safety advocates from the Center for Auto Safety and Consumer Watchdog expressed concern that NHTSA was […]
New-Vehicle Sales Gain in July with Record Transaction Prices and Consumer Spending
J.D. Power and LMC Automotive forecast gains in retail vehicle sales as industry nears peak of the auto sales recovery. New-vehicle retail sales in July are expected to increase 2.1 percent from a year ago to 1,318,300, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. Sales growth in July […]
Heavy Duty Repair Training to Debut at NACE | CARS 2016
NACE | CARS is featuring Heavy Duty programming this year for the first time ever. The training on heavy duty collision and mechanical repair will take place Wednesday, August 10, and Thursday, August 11. This inaugural program includes: Dean Hancock, Collision Advice – Heavy Duty Damage Analysis John Spoto, 3M – Working Smarter, Not Harder […]
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