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Universal Technical Institute Reports Revenue Up 5.9% in Fiscal Third Quarter

August 12, 2019 By CollisionWeek Editor

Universal Technical Institute, Inc. (NYSE: UTI) reported revenue increased 5.5% to $79.0 million for the fiscal 2019 third quarter ended June 30 compared to $74.9 million in 2018. According to the training provider, the increase was driven by higher average full-time enrollment.   New student starts, excluding the Norwood, Mass. campus that will close in […]

Filed Under: News Tagged With: Earnings, Universal Technical Institute

North Carolina Insurance Department Launches Criminal Investigations Reserve Unit to Fight Insurance Fraud

August 12, 2019 By CollisionWeek Editor

North Carolina Insurance Commissioner Mike Causey has organized its first Criminal Investigations Reserve Unit to combat the extensive number of fraud cases in the state. The new inductees, four veteran law enforcement personnel, were sworn-in Thursday, August 8. “Today’s ceremony is a testament to the character of these men and women who are donating their […]

Filed Under: News Tagged With: Department of Insurance, Insurance Fraud, North Carolina

CIECA Announces Jon Delgado and Sheryl Driggers to Speak at Conference

August 12, 2019 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced addition speakers for its September 16-18 Connex 2019 event. Sheryl Driggers, co-owner of Universal Collision, will discuss the soft skills needed to thrive in today’s digital world. With current and future technology, as we automate tasks for efficiency, Sheryl says there’s a greater need to sharpen leadership […]

Filed Under: News Tagged With: Annual Conference, Collision Industry Electronic Commerce Association

IAA Expands Phoenix Location

August 12, 2019 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the expansion of its Phoenix branch. This investment supports increased customer demand in the state.  “We look forward to the additional operational capabilities this investment brings to this branch,” said John Kett, Chief Executive Officer and President of IAA. “Our Phoenix customers will benefit from the increased capacity.”  “This investment […]

Filed Under: News Tagged With: Arizona, Insurance Auto Auctions, Openings

Son and Daughter-in-Law of Collision Repair Shop Owner Among Those Killed in El Paso

August 9, 2019 By CollisionWeek Editor

Gilbert Anchondo, owner of Colormaster Auto Body Shop in El Paso, Texas lost his son Andre, 23, and Andre’s wife Jordan, 24, during the shooting last weekend at a Walmart in El Paso. According to press reports, Andre and his wife were killed protecting their two-month-old son, Paul, who survived the attack. Gilbert Anchondo was […]

Filed Under: News Tagged With: El Paso, Obituary, People, Texas

CARSTAR Adds Collision Repair Center to Network in New Brunswick

August 9, 2019 By CollisionWeek Editor

CARSTAR Fredericton North

CARSTAR announced the opening of CARSTAR Fredericton North, located at 18 Royal Parkway, Fredericton New Brunswick, Canada. CARSTAR Fredericton North is the second CARSTAR location for owner Roy Kennedy, who also owns CARSTAR Fredericton. With Kennedy interested in modernizing collision repairs, store manager Steve Knox was able to take this new facility to the next […]

Filed Under: News Tagged With: Canada, CARSTAR, Network Affiliations, New Brunswick, Openings

BASF to Release New Tool to Support Collision Repair Shops Alignment with OEMs

August 9, 2019 By CollisionWeek Editor

BASF Refinish has released a new OEM Sales Toolbox to guide collision repair shops through the process of building a solid strategy that aligns with the growing OEM influence in the industry. The new tool will leverage vehicle registration information to help shops estimate the market potential of various OEM collision programs in their market. […]

Filed Under: News Tagged With: BASF, OEM Certification

Premiere Services Announces Agreement with LKQ on Remanufactured Infotainment Systems

August 9, 2019 By CollisionWeek Editor

Premiere Services logo

Premiere Services, the insurance replacement and collision repair categories’ provider of mobile electronics and mobile wheel and tire replacement services, has reached an agreement with LKQ Corporation to be the exclusive provider of remanufactured Infotainment and mobile electronics systems supporting the LKQCE program across all 50 states and Canada. Premiere Services remanufactures salvage mobile electronics […]

Filed Under: News Tagged With: Agreements Signed, LKQ Corporation, Premiere Services, Recycled Parts, Remanufactured Parts

Consumer Reports Says Government Documents Show Safety Failures by Tesla

August 8, 2019 By CollisionWeek Editor

Says NHTSA must do more to hold companies accountable, update 5-star rating program. Consumer Reports yesterday said that emails and other government documents released publicly for the first time show failures by Tesla regarding its safety claims and the performance of Autopilot, and the documents reveal that the National Highway Traffic Safety Administration (NHTSA) must […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Consumer Reports, National Highway Traffic Safety Administration, Tesla

Snap-on Acquires UK-Based OEM Repair Software Provider Cognitran Limited

August 8, 2019 By CollisionWeek Editor

Snap-on Incorporated (NYSE: NA) announced that it has acquired Cognitran Limited for approximately $31 million in cash. Based in Chelmsford, United Kingdom, Cognitran specializes in flexible, modular and highly scalable “Software as a Service” (SaaS) products for original equipment manufacturer (OEM) customers and their dealers, focused on the creation and delivery of service, diagnostics, parts […]

Filed Under: News Tagged With: Acquisitions, OEM Repair Procedures, Snap-On, United Kingdom

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