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UK’s Steer Automotive Acquires Fleet Repair Operator

August 2, 2024 By CollisionWeek Editor

Steer Automotive Group announced the acquisition of Komoo Limited, that provides dedicated repair services to vehicle rental and fleet businesses. Komoo, with its established network of fleet repair sites located near airports and vehicle storage hubs, brings extensive expertise in providing rapid, high-quality repair services, supporting vehicle rental and corporate fleet customer bases. These strategically […]

Filed Under: News Tagged With: Acquisitions, Steer Automotive Group, United Kingdom

Crash Champions Golf Tournament to Support Collision Engineering Program

August 2, 2024 By CollisionWeek Editor

Crash Champions announced the Collision Engineering program will be the primary beneficiary of the Crash Champions 2024 Charity Golf Outing set to tee off Dec. 5 at Monarch Beach Golf Links in Dana Point, Calif. Last year, the Crash Champions Charity Golf Outing raised a record $165,000 for Make-A-Wish Illinois. Automotive and collision repair industry […]

Filed Under: News Tagged With: Collision Engineering Program, Crash Champions, Golf Outing

August 29 CIECA Webinar Examines the Curiosity Lab

August 2, 2024 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced that the next CIECA Webinar will be held on Thursday, August 29 at 2 p.m. (EDT). Titled Curiosity Lab: Where Emerging Technology is Tested and Demonstrated, the one-hour live broadcast will feature Seth Yurman, the assistant city manager for the City of Peachtree Corners in Georgia. Yurman […]

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

Axalta Announces Record Second Quarter Sales of $1.35 Billion

August 1, 2024 By CollisionWeek Editor

Refinish net sales $546 million, up 5% year-over-year. Axalta Coating Systems Ltd. (NYSE: AXTA) announced its second quarter 2024 net sales increased 4.4% year-over-year to a quarterly record of $1.35 billion with positive contributions from all four end markets. Net income increased by $52 million year-over-year to $113 million. Adjusted net income improved by $50 […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings, Refinish

UK’s Steer Automotive Group Acquires 7-Location MSO in Southwest England

August 1, 2024 By CollisionWeek Editor

Steer Automotive Group, the largest collision repair facility operator in the U.K., announced the acquisition MG Cannon Ltd., the operator of six OEM certified repair facilities and a SMART cosmetic repair facility across the southwest England. This acquisition expands Steer’s regional footprint and support mutual client partners, strengthening Steer’s presence and service capacity along the […]

Filed Under: News Tagged With: Acquisitions, Steer Automotive Group, United Kingdom

Six State Attorneys General Reach Settlement with Oil Change Franchisor Over Use of Non-Compete Agreements

August 1, 2024 By CollisionWeek Editor

Colorado Attorney General Phil Weiser and a coalition of six attorneys general from Illinois, Maryland, Massachusetts, Minnesota, New York, and Pennsylvania announced an agreement to end the use of non-compete agreements, that they alleged were unfair labor practices under state law, for hourly employees at oil change and auto services company Valvoline LLC, Valvoline Instant […]

Filed Under: News Tagged With: Colorado, Illinois, Lawsuits, Maryland, Massachusetts, Minnesota, New York, Noncompete Clauses, Pennsylvania

SEMA Announces $99,000 in Scholarship and Loan Forgiveness Awards

August 1, 2024 By CollisionWeek Editor

The SEMA Memorial Scholarship Fund issued $99,000 in scholarship and loan forgiveness awards to help 46 individuals currently working or planning to pursue careers in the automotive aftermarket industry. The winners include 39 college students and seven employees of SEMA-member companies. “As the automotive-specialty equipment market grows, so does the need for talented, ready-to-work individuals […]

Filed Under: News Tagged With: Scholarships, Specialty Equipment Market Association

Early-Bird Registration for September 24-25 CIECA CONNEX Conference Extended to Friday

August 1, 2024 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced that early-bird registration will be extended to Friday, August 2 for for its 15th annual conference. CONNEX 2024: The Intersection of Data & Mobility, will be held at the MGM Grand Detroit hotel in Detroit, Mich. on September 24-25. More information and registration for the event are […]

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

CCC Reports $232.6 Million Revenue in Second Quarter

July 31, 2024 By CollisionWeek Editor

Revenue for the quarter was up 10% year-over-year. Added over 600 collision repair facilities to its platform year-to-date. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS), today announced total revenue was $232.6 million for the second quarter of 2024 ended June 30, an increase of 10% from $211.7 million for the second quarter of 2023. “CCC […]

Filed Under: News Tagged With: CCC, Earnings

Fix Auto Canada Adds Collision Repair Center to Network in Quebec

July 31, 2024 By CollisionWeek Editor

The Fix Auto Dorval team.

Multi-shop owner Karim Zaidane has taken another step in his professional journey by opening his latest collision repair shop, Fix Auto Dorval A.M. With this new addition, Karim now owns two Fix Auto-branded collision repair shops and two ProColor Collision shops, both part of the Fix Network family. Karim’s fascination with luxury cars began in […]

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

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