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I-CAR Launches Neutral Collision Repair Shop Locator

July 2, 2019 By CollisionWeek Editor

BodyShopology.com

Initially includes information on Gold Class collision repair centers as well as Farmers Insurance and Ford Motor Company network facilities. The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the launch of BodyShopology.com, an industry-neutral locator that connects motorists with trained and credentialed collision repair shops close to home, all by entering a ZIP Code. […]

Filed Under: News Tagged With: I-CAR

SkillsUSA Automotive Refinish, Collision Damage Appraisal and Collision Repair 2019 Medalists Named

July 1, 2019 By CollisionWeek Editor

SkillsUSA 2019 Competition

The winners of the 2019 SkillsUSA Championships in Automotive Refinishing Technology, Collision Repair Technology and the Collision Damage Appraisal competition were announced Friday evening, June 28, at the Awards Ceremony of SkillsUSA National Leadership and Skills Conference. The Conference was held June 22-June 28 at the Kentucky Exposition Center in Louisville, Ky. The 2019 medalists […]

Filed Under: News Tagged With: SkillsUSA

PPG Adds New Classes and Updates to MVP Program

July 1, 2019 By CollisionWeek Editor

PPG (NYSE:PPG) MVP Business Solutions has added three classes to its Business Development series. The classes, Refinish Area Optimization, Administrative Process Improvement and Advanced Estimating 2019, are designed to help collision repair center owners, managers and other key personnel streamline processes, maximize resources and improve estimating accuracy by applying innovative, proprietary MVP performance-accelerating business processes. […]

Filed Under: News Tagged With: Management Training, MVP Business Solutions, PPG

Fix Auto Adds Collision Repair Center to Network in Alberta

July 1, 2019 By CollisionWeek Editor

Fix Auto Canada announced that Fix Auto Brooks, located in Brooks, Alberta, joined the network. Owner Ricky Ahmed has been in the industry for about 10 years, taking over ownership of this shop just over two years ago. “I still feel like a new face in the industry even after 10 years,” commented Ahmed. “I […]

Filed Under: News Tagged With: Alberta, Canada, Fix Auto Canada, Network Affiliations

Messe Frankfurt Reports Sales Up Over 7% in 2018

July 1, 2019 By CollisionWeek Editor

Messe Frankfurt logo

Messe Frankfurt, the Germany-based organizer of the Automechanika trade shows, announced growth continued in the past financial year. Speaking at the Corporate Press Conference on June 27, Wolfgang Marzin, President and Chief Executive Officer of Messe Frankfurt announced the company set a new record of approximately €718 million ($812.4 million) in sales. According to the […]

Filed Under: News Tagged With: Earnings, Messe Frankfurt

P/C Insurers Report Strong First-Quarter Underwriting Results

June 28, 2019 By CollisionWeek Editor

P/C Net Income Q1 2019

Net written premiums down for first time since Great Recession. Private U.S. property/casualty insurers’ profitability as measured by their annualized rate of return on average policyholders’ surplus increased to 9.4 percent, the best first-quarter result since 10.8 percent in 2015, according to Verisk (NASDAQ:VRSK), the data analytics provider, and the American Property Casualty Insurance Association […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Earnings, Profitability, Property Casualty Insurance, Verisk

June New Vehicle Sales Projected Down from Year Ago

June 28, 2019 By CollisionWeek Editor

June 2019 Light Vehicle Sales Projection

J.D. Power and LMC Automotive project first half of 2019 to deliver lowest retail new vehicle sales since 2013. Transaction prices, dealer profitability rise to record levels. New-vehicle retail sales in June are expected to fall from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are […]

Filed Under: News Tagged With: J.D. Power, LMC Automotive, New Vehicle Sales

Average Light Vehicle Age Rises in U.S. to 11.8 Years

June 28, 2019 By CollisionWeek Editor

VIO Age US by Region

The average age of light vehicles in operation (VIO) in the U.S. has risen again this year to 11.8 years, according to new research from business information provider IHS Markit (NASDAQ: INFO). This acceleration of average age can easily be seen when looking across the last 17 years. From 2002-2007, the average age of light […]

Filed Under: News Tagged With: IHS Markit, Vehicle Age, Vehicles in Operation

EEOC Sues North Carolina Towing Company Alleging Sexual Harassment

June 28, 2019 By CollisionWeek Editor

Hunter Auto & Wrecker Service, Inc., in Charlotte, N.C. is alleged to have violated federal law when it subjected a female employee to a sexually hostile work environment, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit filed June 26. According to the EEOC’s suit, Sharon McInnis worked in a Hunter Auto & […]

Filed Under: News Tagged With: EEOC, Lawsuits, North Carolina

IAA Completes Separation from KAR Auction Services

June 28, 2019 By CollisionWeek Editor

IAA, Inc. (NYSE:IAA) today completed its separation from KAR Auction Services, Inc. (NYSE:KAR). IAA’s common stock will begin trading today on the New York Stock Exchange under the symbol IAA.  “We are excited for IAA to enter the public markets as a strong, independent company. As a standalone publicly traded company, IAA will continue to […]

Filed Under: News Tagged With: Insurance Auto Auctions, KAR Auction Services

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