Report highlights significant difference in paid loss ratio between mutual, private and publicly-traded auto insurance companies. U.S. consumers effectively overpaid for auto insurance coverage by a stunning $101 billion in the last five years, a new study by insurance analytics company ValChoice has found. According to the company, 90 percent of consumers could have gotten […]
Universal Technical Institute Fiscal 2016 Revenue Down 4.3%
Universal Technical Institute, Inc. (UTI), the leading provider of automotive technician training, today reported revenues for the fourth quarter ended September 30, 2016 of $86.9 million, a 4.1 percent decrease from $90.7 million for the fourth quarter of the prior year. The Net loss for the fourth quarter ended September 30, 2016 was $8.9 million […]
AASP/NJ to Auction Nub-Customized Harley Davidson at 40th Annual Northeast Trade Show
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced that they will be auctioning a customized 2017 Harley Davidson Softail Slim motorcycle at the 40th annual NORTHEAST Automotive Services Show. The bike will be displayed at the AASP/NJ booth, where two of the industry’s most talented artists will finish the customization on the […]
Robert W. Mallon Acquired by Colours, Inc.
Robert W. Mallon Inc., the paint, body and equipment (PBE) distributor serving the collision repair industry from locations in Pennsylvania and New Jersey, has been acquired by Colours, Inc., the PPG Platinum paint distributor. Together with the Mallon Auto Paint locations in Warrenton, Pa. and Pennsauken N.J., Colours now operates 32 locations in New York, […]
CAPA Introduces Mirror Standard
The Certified Automotive Parts Association (CAPA) announced today that its Technical Committee has approved the CAPA 701 Standard for the certification of aftermarket exterior mirrors and mirror components. This Standard specifies the certification requirements for passenger and driver side mirror assemblies, mirror glass, mirror housings and covers. The CAPA 701 Standard specifications include compliance to […]
CARSTAR Canada Adds Collision Repair Center in Ontario
CARSTAR Canada announced the launch of CARSTAR Ottawa North (Ottawa Honda). The facility is located at 1075 Richmond Road, close to the downtown core of Ottawa, Ontario, Canada. CARSTAR Ottawa North (Ottawa Honda) is owned by new franchise partner Vik Dilawri, who has over 25 years in the automotive industry. Dilawri states, “The CARSTAR brand […]
Collision Repair Education Foundation Asks for Support on #GIVINGTUESDAY
Now in its fifth year, #GivingTuesday is a global day of giving. Observed on the Tuesday following Thanksgiving in the U.S. and the widely-recognized shopping events Black Friday and Cyber Monday, #GivingTuesday kicks off the charitable season, when many focus on their holiday and end-of-year giving. Donations to the Foundation can be made online. The Collision […]
Tony Harrison Named I-CAR Platinum/ASE Master Collision Repair and Refinish Technician of the Year
Tony Harrison of Bob Moore Collision Center in Moore, Okla. has been selected as the first ever recipient of the I-CAR Platinum/ASE Master Collision Repair & Refinish Technician of the Year award. Harrison has more than 46 years of experience as a collision repair technician and has been an I-CAR instructor for 25 years. He […]
Gene Crozat, Founder of G & C Auto Body, Passes Away
Gene Crozat, the founder of Santa Rosa, California-based G & C Auto Body died November 22 at the age of 72. Crozat opened G&C Auto Body with a partner in 1972 and built it into a recognized North Bay brand, with 11 locations in four counties in California with more than 200 employees. According to […]
LKQ Acquires Equity Interest in Mekonomen Group
LKQ Corporation (LKQ) today announced that it has entered into an agreement to acquire an equity interest in Mekonomen AB (MEKO.ST) from Axel Johnson AB (AXJ). Headquartered in Stockholm, Sweden, Mekonomen Group is an independent car parts and service chain in the Nordic region of Europe, offering a wide range of products including spare parts […]
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