SCA Appraisal Company announced the available of its Streamline white-label app to help auto insurance carriers to save time and loss adjustment expense (LAE). SCA’s Streamline transforms the process from three days to an SCA- guaranteed three hours from photo receipt. The app is available for both Apple or Android phones to download. The app […]
AASP/NJ Creates Auto Body License Assistance Guide for Members
According to Charles Bryant, Executive Director of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ), there is still plenty of time for New Jersey collision repair shops to submit their Auto Body License renewal. Unless shops have changed their type of business, organization or business address, the deadline to submit the renewal is […]
Carlyle Group to Sell Remaining Stake in Axalta
Axalta Coating Systems Ltd. (NYSE:AXTA) last week announced a secondary offering of of 41,621,996 common shares by affiliates of The Carlyle Group . The offering was subsequently priced at $28.25 a share, providing Carlyle with $1.175 Billion. Axalta will not receive any of the proceeds from the offering of shares by Carlyle. According to a […]
Auto Safety Advocates Call for Testing of Autonomous Vehicle Technology
Consumer safety advocates express concern over promotion of robotic technology at the expense of safety standards. Cite Tesla crash as failure by safety regulator. In a letter to National Highway Traffic Administration (NHTSA) Administrator Mark Rosekind last week, auto safety advocates from the Center for Auto Safety and Consumer Watchdog expressed concern that NHTSA was […]
New-Vehicle Sales Gain in July with Record Transaction Prices and Consumer Spending
J.D. Power and LMC Automotive forecast gains in retail vehicle sales as industry nears peak of the auto sales recovery. New-vehicle retail sales in July are expected to increase 2.1 percent from a year ago to 1,318,300, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. Sales growth in July […]
Heavy Duty Repair Training to Debut at NACE | CARS 2016
NACE | CARS is featuring Heavy Duty programming this year for the first time ever. The training on heavy duty collision and mechanical repair will take place Wednesday, August 10, and Thursday, August 11. This inaugural program includes: Dean Hancock, Collision Advice – Heavy Duty Damage Analysis John Spoto, 3M – Working Smarter, Not Harder […]
California Color Source Hosts Client Luncheon with Mike Anderson
Color Source, Inc., the San Francisco Bay Area PBE distributor, hosted another client luncheon in July featuring Mike Anderson from Collision Advice. In this second of an ongoing series of lunch events, Anderson focused on “Thriving not just Surviving” as collision repairers. For the 40+ owners in attendance, Mike kept them on the edge of […]
TechnaGlass Acquires Utah Auto Glass Facility
TechnaGlass announced the acquisition of The Glass Shoppe in Roosevelt, Utah. The business will be rebranded to TechnaGlass and all employees will be retained. “I am confident TechnaGlass will continue to provide our customers with the highest level of service and provide a home for our employees which is the most important factor for me,” said […]
Thatcham Works with Repair Chains to Develop Best Practice for Recalibrating ADAS Systems During Windshield Replacement
Thatcham Research, the UK-based automobile insurers’ research center, has issued a voluntary code of practice to provide clear guidance on the recalibration of car safety technology during the replacement or refit of windshields. The ADAS Repair Group, led by Thatcham Research and including companies active in automotive glazing replacement such as National Windshields, Autoglass and […]
LKQ Reports 5.6% Parts and Services Organic Revenue Growth in Second Quarter
LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the second quarter of 2016 of $2.45 billion, an increase of 33.3 percent compared to $1.84 billion in the second quarter of 2015. Net income for the second quarter of 2016 was $140.7 million, an increase of 17.6 percent as compared to $119.7 million for the same […]
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