Refinish sales down on distributor working capital adjustments and Venezuela deconsolidation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $1.091 billion for the third quarter of 2017 that ended September 30, an increase of 7.0 percent, including 1.9 percent in favorable foreign currency translation contribution. Constant currency net sales increased 5.1 percent in the […]
LKQ Reports 11.7% Revenue Growth for Third Quarter 2017
Organic growth in North America up 4 percent on per day basis. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the third quarter of 2017 of $2.47 billion, an increase of 11.7 percent as compared to $2.21 billion in the third quarter of 2016. Income from continuing operations for the third quarter of 2017 was $122 […]
Edmunds Research Finds Car Buyers Are Ready to Embrace Autonomous Vehicles
According to a new report, nearly two-thirds of new vehicles for sale offer autonomous features, and shoppers are willing to pay a premium for cars equipped with this technology Car shoppers are more ready for autonomous vehicles than they may realize, according to a new report from Edmunds, the car shopping and information platform. Thanks […]
Over 100 Attend Refinish Distributors Alliance Fall Conference
Over one hundred Refinish Distributors Alliance (RDA) members, manufacturer partners, and guests gathered for the 2017 RDA IMPACT Fall Performance Conference at the Westin Cleveland Downtown in Cleveland, Ohio. The event took place over three days, and included a presentation by Don Hobbs of MAPS Business Training on neural linguistics and embedded commands. Hobbs also […]
Spanesi Americas Names Innovative Solutions and Technology as Distributor
Spanesi Americas announced it has named Innovative Solutions and Technology as the exclusive Spanesi distributor in states of New Jersey, New York and the Eastern portions of Pennsylvania. “With the addition of Nick, Todd and the team of Innovative Solutions and Technology, Spanesi is bringing a strong sales, support and customer service presence to the […]
Fix Auto Canada Adds Collision Repair Center to Network in Alberta
Fix Auto Canada announced the addition of a new satellite location to the Fix Auto Canada network in St. Paul, Alberta. Louis Lessard, owner of the Fix Auto location in Cold Lake, AB is excited to expand his operations into the town of St. Paul. The Fix Auto shop in St. Paul will be a […]
Gene Hamilton Passes Away
Innovative founder of Atlanta, Ga.-area Sports and Imports Collision served in leadership positions on the boards of numerous industry organizations. Gene Lee Hamilton, founder of Sports and Imports Collision in Duluth, Ga. passed away Sunday at the age of 71. Hamilton started his career in the industry in automobile sales then later opened Sports and […]
ABRA Acquires Collision Repair Center in New Jersey
ABRA Auto Body & Glass announced the September 29 acquisition of a collision repair facility in Pennington, N.J. The new ABRA Pennington features 11,000 sq. ft. of production space and a 2,000 sq. ft. front office. The I-CAR Gold Class facility, located at 65 Route 31 North in Pennington, previously operated as CARSTAR of Pennington. […]
Collision Industry Foundation Extends Assistance to Victims of Puerto Rico and California Natural Disasters
The Collision Industry Foundation (CIF) announced today that its current relief efforts to Hurricane Harvey and Irma victims would be extended to those in need of assistance affected by the fires in California as well as the Hurricane damage to Puerto Rico. CIF has raised funds that are being distributed directly to all industry professionals […]
Certified Collision Group Adds More than 30 Locations to its Collision Repair Network
Will recognize partners at SEMA Appreciation Event prior to CIC Reception on October 31 in Las Vegas The Certified Collision Group announced the signing of more than 30 new locations since August and it now has locations operating in 27 states. “Each day we hear from our affiliates, strategic partners and the industry at large […]
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