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LKQ Corporation Revenue Up 22% to $11.9 Billion in 2018

February 28, 2019 By CollisionWeek Editor

LKQ Q4 2018 and FY 2018 Revenue

Organic growth for parts and service up 4.4 percent for the year. LKQ Corporation (NASDAQ:LKQ) today announced results for its fourth quarter and full year ended December 31, 2018. For the fourth quarter of 2018, revenue was $3.0 billion, an increase of 22 percent from $2.5 billion for the comparable period of 2017. Parts and […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

CARSTAR Chilton Auto Body Celebrates Grand Opening

February 28, 2019 By CollisionWeek Editor

CARSTAR hosted a grand opening event in celebration of its largest multi-store owner joining the CARSTAR family. CARSTAR Chilton Auto Body, that announced it was joining the CARSTAR network last summer, has 11 collision repair centers in the San Francisco Bay area of California. In honor of the innovative multi-store owner joining the network, CARSTAR […]

Filed Under: News Tagged With: California, CARSTAR, Network Affiliations

NSF Certifies Seven Crash Champions Collision Repair Shop Locations in Chicago Market

February 28, 2019 By CollisionWeek Editor

NSF International has certified seven Crash Champions locations throughout the Chicago area. NSF International’s independent, third-party collision repair shop certification assesses and evaluates a shop’s ability to meet specific quality, operations, and training and technical service requirements. These requirements include following original equipment (OE) repair procedures, providing exemplary customer service, assessing staff competency, ensuring the […]

Filed Under: News Tagged With: Certification, Crash Champions, Illinois, NSF International

Auto Associations Oppose Missouri Legislation Repealing Vehicle Safety Inspections

February 28, 2019 By CollisionWeek Editor

Automotive industry trade associations have joined to oppose legislation House Bill 451 (HB 451) in Missouri aimed at eliminating that state’s premier vehicle safety inspection program. The Auto Care Association, Automotive Service Association and Tire Industry Association are longtime advocates of periodic motor vehicle safety inspection in states. In letters to Missouri state lawmakers, the […]

Filed Under: News Tagged With: Auto Care Association, Automotive Service Association, legislation, Safety Inspection, Tire Industry Association

Axalta Opens its Largest Refinish Training Centre in India

February 28, 2019 By CollisionWeek Editor

Axalta (NYSE: AXTA) announced it opened of a new Refinish Training Center in Manesar, India. At 20,000 sq. ft., the new training facility was inaugurated by Sobers Sethi, President, Emerging Markets, Axalta. Manesar is an industrial town in Gurugram district of Haryana state in India and is a part of the National Capital Region (NCR) […]

Filed Under: News Tagged With: Axalta Coating Systems, India, Openings, Training Center

Bentley Releases 2019 Glasurit Refinish Training Schedule

February 27, 2019 By CollisionWeek Editor

Bentley Glasurit Training Schedule

Bentley Motors released its training course schedule for Glasurit, the BASF refinish paint line that holds exclusive global approval for Bentley repairs. The training courses will be instructor-led for paint technicians who work within the Bentley Accredited Bodyshop Network, or are in the process of accreditation. The following courses will be held at BASF training […]

Filed Under: News Tagged With: Approvals, BASF, Bentley, Training Schedule

Enterprise Partners with UK’s Thatcham Research for Online Training Program

February 27, 2019 By CollisionWeek Editor

Enterprise Holdings has become the first company to subscribe to ecademy, the new online vehicle technical learning program from UK-based Thatcham Research. The ecademy program consists of 12 interactive modules which are completed over the course of a year. Key subjects included in the program include Advanced Driver Assistance Systems (ADAS) and calibration, Hybrid and […]

Filed Under: News Tagged With: Agreements Signed, Enterprise Rent-A-Car, Thatcham Research, United Kingdom

Australia’s IAG Releases 2017-18 Quality Report

February 27, 2019 By CollisionWeek Editor

IAG today released its sixth Quality Report, the insurance industry’s only report that provides annual data on motor and property repair standards. The Quality Report provides an insight into the monitoring, assessment and quality repair standards across IAG’s nation-wide property and motor repair network. In 2017-18 IAG undertook more than 440,000 motor vehicle repair assessments […]

Filed Under: News Tagged With: Australia, I-CAR Australia, Insurance Australia Group

New Vehicle Retail Sales Projected Down in February Compared to 2018

February 26, 2019 By CollisionWeek Editor

February 2019 Retail SAAR

J.D. Power and LMC Automotive forecast February sales to decline 2.4 percent versus February 2018. Truck and SUV sales make up over 70 percent of new vehicles. New vehicle retail sales in February are expected to fall from a year ago. Retail sales are projected to reach 946,600 units, a 2.4 percent decrease compared with […]

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

White House and California Discontinue Talks on Proposed Auto Emissions Regulations

February 26, 2019 By CollisionWeek Editor

On February 21, officials from the White House, Department of Transportation, and Environmental Protection Agency announced that the Trump Administration has decided to discontinue discussions with the California Air Resources Board (CARB) regarding the proposed Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule. Despite the Administration’s best efforts to reach a common-sense solution, it is time to […]

Filed Under: News Tagged With: California, Emissions, NHTSA, Regulations, U.S. EPA

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