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Copart Expands in Newburgh, New York

March 4, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) expanded its Newburgh, New York location at 25 Riverview Drive in Marlboro, adding 25 acres of storage space to Copart’s existing 68 acres to meet customer capacity needs. “We are committed to increasing our storage capacity throughout the country to meet the growing demand of our services,” said Copart CEO, Jay Adair. […]

Filed Under: News Tagged With: Copart, New York State, Openings

BMW and Daimler Announce Development Partnership on Automated Driving Technology

March 4, 2019 By CollisionWeek Editor

The BMW Group and Daimler AG are to join forces on automated driving. Initially, the focus will be on advancing the development of next-generation technologies for driver assistance systems, automated driving on highways and parking features (up to SAE Level 4). The two companies have signed a Memorandum of Understanding to jointly develop this technology, […]

Filed Under: News Tagged With: Agreements Signed, BMW, Daimler

State Farm Reports 2018 Underwriting Gain, 8.77% Decline in Auto Claims Cost and Loss Adjustment Expense

March 1, 2019 By CollisionWeek Editor

In 2018, State Farm experienced a property-casualty underwriting gain, as well as increases in total revenue, net income and net worth. As the number one Auto and Homeowners insurer in the U.S., State Farm remains committed to serving its policyholders. The State Farm property-casualty (P-C) group of companies reported a combined underwriting gain of $1.7 […]

Filed Under: News Tagged With: Earnings, State Farm

Registration Open for September 16-18 CIECA Connex 2019

March 1, 2019 By CollisionWeek Editor

CIECA Connex 2019

The Collision Industry Electronic Commerce Association (CIECA) announced that registration is now open for its 11th annual conference– Connex 2019. The event is being held in Charlottesville, Va., September 16-18. In addition to a 25th-anniversary celebration, there will be a powerful line-up of industry speakers, great networking opportunities, and a vehicle gifting by the National […]

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

Lawson Products Reports 2018 Sales Up 14.3%

March 1, 2019 By CollisionWeek Editor

Lawson Products, Inc. (NASDAQ:LAWS), the parent of Kent Automotive, announced results for the fourth quarter and year ended December 31, 2018. Net sales increased 7.0 percent to $86.3 million for the fourth quarter versus $80.6 million for the same period a year ago. Average daily sales grew to $1.414 million in the recent quarter compared […]

Filed Under: News Tagged With: Earnings, Lawson Products

NABC Lone Star Pars for Cars Golf Fundraiser April 4 in Dallas, Texas

March 1, 2019 By CollisionWeek Editor

The National Auto Body Council will host its second golf fundraising event of 2019 at Texas Star Golf Course on Thursday, April 4.  The Lone Star Pars for Cars golf fundraiser presented by Enterprise will support the National Auto Body Council’s Recycled Rides program, among charitable initiatives. Early bird registration is open until March 15 […]

Filed Under: News Tagged With: Golf Outing, National Auto Body Council, Texas

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

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