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Nashville I-CAR Committee and Collision Repair Education Foundation Award Full Scholarship to Technician

May 3, 2019 By CollisionWeek Editor

The surprise award erased a young technician’s student debt. A fundraiser and a surprise scholarship benefited Tennessee collision students in April. With collision professionals from across the country in Nashville for industry meetings, the local I-CAR Committee used the opportunity to surprise one hard-working collision student, Zac Stephens, with a full scholarship. During the scholarship […]

Filed Under: News Tagged With: Collision Repair Education Foundation, I-CAR, Scholarships, Workforce Development

Allstate Reports Revenue Up 12.5% in First Quarter

May 3, 2019 By CollisionWeek Editor

Auto Insurance Profitability Measures by Brand Q1 2019

The Allstate Corporation (NYSE: ALL) reported revenue of $10.99 billion for the first quarter of 2019, up 12.5 percent from $9.77 billion in the first quarter of 2018. Net income was $1.261 billion, up 29.1 percent from 2018. Adjusted net income was $776 million, due to a better than expected property and liability insurance underlying […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Tesla Adds Lane Keeping Functionality to Supplement Autopilot

May 3, 2019 By CollisionWeek Editor

Tesla Lane Departure Avoidance

Tesla announced on its blog that it was introducing two new safety features designed to help prevent drivers from inadvertently departing their lane, which the company says its data shows is a common cause of accidents when Autopilot feature is not engaged. The new features, Lane Departure Avoidance and Emergency Lane Departure Avoidance, help drivers […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Collision Avoidance, Tesla

National AutoBody Research Launches Massachusetts Labor Rate Survey

May 3, 2019 By CollisionWeek Editor

National AutoBody Research (NABR) announced the launch of its VRS Labor Rate Survey in the state of Massachusetts, sponsored by AASP-Massachusetts. The online survey is free for all Massachusetts collision repair centers and can be found on NABR’s survey website. Through the VRS Standardized Labor Rate Survey, NABR provides Massachusetts body shops with an independent, […]

Filed Under: News Tagged With: AASP/MA, Labor Rates, National AutoBody Research

Uni-Select Reports 2019 First Quarter Sales of $420 Million

May 2, 2019 By CollisionWeek Editor

Finishmaster US reports organic growth of 3.1 percent. Uni-Select Inc. (TSE:UNS) today reported sales of $420 million for the first quarter ended March 31, down from $422 million in the first quarter of 2018 but up 2.5 percent organically. The company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $21.356 million, down from […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Arrowhead Insurance Partners with S/P2 on Technician Recruitment

May 2, 2019 By CollisionWeek Editor

S/P2 and Arrowhead General Insurance Agency, Inc. announced the launch of a new online portal to help Arrowhead’s customers find the technician candidates they need.  “We know our customers need technicians,” said Patrick Nelson, senior underwriting manager for Arrowhead General Insurance Agency, Inc. “With S/P2 Careers, we can bring them an important new benefit, allowing […]

Filed Under: News Tagged With: Agreements Signed, Arrowhead Insurance, S/P2

ABPA Voices Concern Over State Legislation on OEM Collision Repair Procedures 

May 2, 2019 By CollisionWeek Editor

The Automotive Body Parts Association (ABPA), that represents the non-OEM collision repair parts industry, is expressing concern over the introduction of legislation that seeks to require OEM repair procedure in multiple states that are including language on the exclusive use of OEM parts.  “The current wave of OE Repair Procedure legislation many times contains imbedded […]

Filed Under: News Tagged With: Automotive Body Parts Association, legislation, OEM Repair Procedures

BASF Names Capital Paint & Refinish Distributor of the Year

May 2, 2019 By CollisionWeek Editor

Capital Paint & Refinish won the BASF ColorSource Automotive Refinish 2018 Distributor of the Year award for a third time at the annual ColorSource conference. Approximately 135 single-line ColorSource partners attended the conference in Naples, Fla.  “Our partnership with Capital Paint has helped us remain a strong competitor in the market,” said Denise Kingstrom, Distribution […]

Filed Under: News Tagged With: Awards, BASF, PBE Distributor

Arkansas Dealer to Pay $27,000 to Settle EEOC Disability Discrimination Lawsuit

May 1, 2019 By CollisionWeek Editor

 Federal agency charged Crain Automotive Holdings denied employee an accommodation for anxiety and depression, then fired her. Crain Automotive Holdings, Inc., an automotive dealer with over 20 locations and three collision repair centers in Arkansas, will pay $27,100 to a former employee as part of the settlement of a disability discrimination lawsuit brought by the […]

Filed Under: News Tagged With: ADA, Arkansas, EEOC, Lawsuits

Balise Collision Repair Opens Fifth Location

May 1, 2019 By CollisionWeek Editor

Balise Collision Repair logo

Balise Collision Repair, part of the Balise Auto Group, is opening a fifth collision repair center today at 405 Quaker Lane in West Warwick, R.I. The new 10,000 sq. foot facility is the automotive dealer group’s third collision repair center in the Ocean State and will be geared towards fast-track repairs.  “Our new location is […]

Filed Under: News Tagged With: Balise Collision Repair, Openings, Rhode Island

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