Marks entry into fifth state. Crash Champions announced today its entry into Missouri with the acquisition of two collision repair centers. The acquisition includes Dodson Williams Automotive’s two locations at 502 W. Walnut and 2916 W. Republic in Springfield, Mo. that have been actives in the community for four decades. “Crash Champions has been looking […]
3M Donates Signature Event with Chip Foose to the Collision Repair Education Foundation Fundraiser Supporting Military Veterans and Collision Repair Schools
To show support for the Collision Industry and advancing career opportunities, 3M donated a signature event with Chip Foose, as well as other Chip Foose memorabilia, to the Collision Repair Education Foundation (CREF) combined efforts to raise funds for the Hire Our Heroes program in addition to raising additional support for high school college collision […]
Global Alliance for Vehicle Data Access Letter to Auto Manufacturers Raises Concerns on Vehicle Data Control
Disagrees with Auto Alliance position calling for Federal intervention in state vehicle data access regulations. In an open letter to vehicle manufacturers, the Global Alliance for Vehicle Data Access (GAVDA), a group of global stakeholders and united by a goal of maintaining control by motor vehicle owners over personal and vehicle-generated data, detailed their disagreement […]
Consumer Groups Call on Texas Governor to Appoint Insurance Commissioner Who Will Protect Consumers
In a letter, Texas consumer organizations Texas Watch and TexPIRG and the national consumer organization Consumer Federation of America urged Governor Greg Abbott to appoint a new Texas Insurance Commissioner with a strong track record of helping consumers and taking action against abusive insurance companies. “As the Texas Department of Insurance’s chief executive and administrative […]
State Farm to Acquire Non-Standard Auto Insurer GAINSCO for $400 Million
State Farm Mutual Automobile Insurance Company and GAINSCO, Inc. announced that they have entered into an agreement for State Farm to acquire GAINSCO for approximately $400 million in cash. The transaction is expected to close in early 2021, subject to approval by GAINSCO’s shareholders, the expiration or termination of the applicable waiting period under the […]
AASP/MA Meets with Legislators on Appraiser Licensing Board Reform Legislation
On September 9, Alliance of Automotive Service Providers of Massachusetts (AASP/MA) Executive Director Evangelos “Lucky” Papageorg and Board members Ray Belsito, of Arnie’s Auto Body in Charlton, and Joshua Fuller, of Fuller Auto Body in Auburn, welcomed Senator Michael O. Moore (D-2nd Worcester), Representative Peter J. Durant (R-6th Worcester) and Representative Paul K. Frost (R-7th […]
Auto Care Association Testifies in Support of Revisions to DMCA to Assure Aftermarket Access to OEM Software
On September 16, Aaron Lowe, senior vice president, regulatory and government affairs, Auto Care Association, testified before the Senate Judiciary Committee’s Intellectual Property Subcommittee in a hearing regarding whether legislative revisions are needed to the Digital Millennium Copyright Act (DMCA). In his testimony, Lowe pointed to the major changes to automotive technology that have occurred […]
Caliber Reports Kept All Collision Repair Centers Operational During Pandemic
Largest collision repair center operator details efforts it took to navigate through pandemic. As promised, landlords to receive deferred payment at end of month. Projects it will add 100 new locations this year. Caliber Collision, in communications with its landlord partners dated August 31, detailed the steps it took to maintain a strong financial position […]
CARSTAR Adds Collision Repair Center to Network in Kansas City Market
CARSTAR announced the opening of CARSTAR Roe Body Shop, a 14,000 sq. ft. collision repair facility, located at 4715 Roe Parkway, Roeland Park, Kansas This is the third CARSTAR facility for local repairer MJ Alagha, who also owns CARSTAR Crystal Lenexa and CARSTAR Crystal 135th Street in the Kansas City Metropolitan Area. Opening his first […]
Cushman & Wakefield Brokers $30 Million Sale/Leaseback of Crash Champions Collision Repair Center Properties
Cushman & Wakefield announced today the firm successfully executed a $30 million sale leaseback of a multiple collision repair facility operator Crash Champions property portfolio in the Greater Chicago region. The deal transacted during the COVID-19 pandemic. Managing Director Jack Chang with Cushman & Wakefield represented the seller and sourced the buyer in the deal. […]
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