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Uni-Select Reports Sales Up 12.6% in First Quarter

May 5, 2017 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, reported its financial results for the first quarter ended March 31. The company reported $297.2 million in sales, up 12.6 percent. According to the company, the increase was driven by the sales generated mainly from recent U.S. business acquisitions, resulting in additional sales of $44.5 million or 16.8 […]

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

Auto Care Association Warns on Auto Repair Cost Increase from Proposed Border Adjustment Tax

May 5, 2017 By CollisionWeek Editor

The Auto Care Association warned lawmakers yesterday that the proposed Border Adjustment Tax (BAT) on imports would significantly increase auto repair and maintenance costs for the average car owner in the United States. The BAT, which would impose a new 20 percent tax on imported goods and services, would result in a $20 billion per […]

Filed Under: News Tagged With: Auto Care Association, legislation

AASP-MN 23rd Annual Golf Outing June 20

May 5, 2017 By CollisionWeek Editor

The Alliance of Automotive Service Providers – Minnesota (AASP-MN) is inviting all collision repair and mechanical industry professionals and vendor suppliers to attend its 23rd Annual Golf Outing, Tuesday, June 20, at Keller Golf Course in Maplewood, Minn. Over 150 AASP-MN members, employees, vendors, and insurance industry representatives are expected to enjoy the day of […]

Filed Under: News Tagged With: AASP-MN, Golf Outing

Tesla to Open Company-Owned Body Shops

May 4, 2017 By CollisionWeek Editor

Tesla letter

Move to “significantly improve” the customer experience for body repair. Will also expand certified network. In a letter to investors accompanying the release of its first quarter earnings yesterday, Tesla Motors announced it would open its own body shops later this year. Tesla currently sells and services its vehicles itself and the company has a […]

Filed Under: News Tagged With: Certification, Tesla

Boyd Group Acquires Collision Repair Center in Utah

May 3, 2017 By CollisionWeek Editor

The Boyd Group Inc. announced the April 27, opening of a Gerber-brand collision repair center in Orem, Utah. The center previously operated as Adams G3 Collision Repair and is located near the north-south interstate highway 15.  “We look forward to expanding our services in Utah, and to joining the Orem community which this location has […]

Filed Under: News Tagged With: Acquisitions, Boyd Group, Utah

Axalta Opens Americas Technology Center at Michigan Facility

May 3, 2017 By CollisionWeek Editor

Axalta Coating Systems (NYSE:AXTA) held the grand opening event of its Americas Technology Center (ATC) located at its Mount Clemens, Mich. manufacturing and research complex. The ATC will provide product research and development resources dedicated to customers across the Western Hemisphere as one of the company’s four principal global technology centers. The ATC project was […]

Filed Under: News Tagged With: Axalta Coating Systems, Openings

Service King Acquires Two Collision Repair Centers in California

May 3, 2017 By CollisionWeek Editor

Service King Collision Repair Centers announced the company has expanded its service in Los Angeles market with the addition of two new locations through the acquisition of H Street Collision Center. The two collision repair centers are located at 1228 N. H Street in San Bernardino and 15059 La Paz Dr. in Victorville and will […]

Filed Under: News Tagged With: Acquisitions, California, Service King Collision Repair Centers

CARSTAR Adds Two Collision Repair Centers to Network in Canada

May 3, 2017 By CollisionWeek Editor

CARSTAR Canada announced the opening of two new collision repair centers to its network in the province of Alberta. CARSTAR Edmonton Parsons Road, a 13,000 sq. ft. facility located at 9921 – 29 Avenue Northwest, Edmonton, is owned and operated by multi-store owner, Vinod Patel. Patel has over 33 years of experience in the auto […]

Filed Under: News Tagged With: Canada, CARSTAR, Network Affiliations, Openings

ALLDATA Signs Reseller Agreement with CAB Group AB in Sweden

May 3, 2017 By CollisionWeek Editor

ALLDATA Europe GmbH, an affiliate of ALLDATA LLC, announced it has signed a reseller agreement with CAB Group AB. Headquartered in Sweden, CAB Group AB has branch offices in Norway, Germany, and Finland. Its software systems and services streamline repair processes for customers in the automotive repair and estimating sectors, including more than 3,000 workshops […]

Filed Under: News Tagged With: Agreements Signed, Alldata, Europe

Allstate Reports Improved Earnings as Auto Claim Reduction Offsets Increased Catastrophe Losses

May 3, 2017 By CollisionWeek Editor

Allstate Q1 2017

Mild winter reduced auto claim expenses. The Allstate Corporation (NYSE:ALL) yesterday reported financial results for the first quarter of 2017. “We are off to a strong start in 2017 on both operating priorities and strategic initiatives. The value of providing customers a broad range of protection products across North America was evident as significant catastrophe […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

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