A small loan from a retired bus driver and the dream of owning his own body shop served as the only fuel Eddie Lennox would need in 1976 as he set out to open the very first Service King Collision Repair Center. Four decades later, the business has grown into an industry icon with nearly […]
Wholesale Automotive Suppliers of Columbus Named BASF Distributor of the Year
BASF’s Automotive Refinish business awarded its 2015 ColorSource Distributor of the Year award to Wholesale Automotive Suppliers of Columbus (WASCO) at its recent annual ColorSource conference held in Clearwater, Fla. “WASCO had a very strong year in 2015 and for the last three years have delivered double digit growth,” said Paul Whittleston, BASF Vice President, […]
Scheid Elected Vice Chair of CAPA Technical Committee
The Certified Automotive Parts Association (CAPA) announced the election of Nick Scheid of LNS & Associates located in Ray, Mich. as vice-chair of CAPA’s Technical Committee. CAPA’s Technical Committee is comprised of nationally recognized collision repairers, part distributors, manufacturers, insurers, and quality experts. The Committee reviews, develops, and approves CAPA’s quality standards. The Committee operates […]
NHTSA Expands and Accelerates Takata Air Bag Inflator Recall
NHTSA action phases in recall of additional 35-40 million inflators through 2019. More than doubles the number of vehicles previously recalled. The United States Department of Transportation’s National Highway Traffic Safety Administration is expanding and accelerating the recall of Takata air bag inflators. The decision follows the agency’s confirmation of the root cause behind the […]
Boyd Acquires Collision Repair Center in North Carolina
The Boyd Group Inc. announced the acquisition of a collision repair center in Rocky Mount, N.C. that previously operated as Faith Autobody. Rocky Mount is in northeastern North Carolina, about 60 miles east of Raleigh. The facility will operate under the Gerber brand. “Our new location in Rocky Mount is a welcome addition to our […]
Allstate First Quarter Income Down Due to Catastrophe Losses
The Allstate Corporation (NYSE:ALL) yesterday reported financial results for the first quarter of 2016. The company reported that total revenue of $8.9 billion in the first quarter of 2016 declined compared to the prior year quarter, as increased insurance premiums were more than offset by lower net investment income and realized capital losses, which are […]
1Collision Network to Host Conference May 24-25
The 1Collision Network announced its 4th Annual Conference will be held May 24-25at the Abbey Resort and Spa in Lake Geneva Wis. This year’s theme, Thriving with Repair Planning and Marketing Technology, will focus on technology driven solutions designed to assist collision repairers in increasing their business revenue, performance and profits. Special presentations include: Using […]
I-CAR Launches Two Online Courses on Honda and Acura Vehicles
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced that it will launch two new courses in the second quarter of 2016 covering Honda & Acura A/C Collision Repair and Acura NSX Damage Analysis. The new online courses are part of I-CAR’s continued collaboration with American Honda Motor Company, Inc. Honda & Acura A/C Collision […]
Collision Repair School Makeover and AkzoNobel Sustainability Grant Application Deadlines June 3
The Collision Repair Education Foundation’s annual Ultimate Collision Education Makeover school grant application and the AkzoNobel Sustainability Challenge Grant application are both due in one month on June 3, 2016. All high school and college collision school programs are encouraged to apply, and the winning schools for both awards will be announced during SEMA 2016. […]
KAR Auction Services Reports 18% Revenue Increase in First Quarter
KAR Auction Services, Inc. (NYSE:KAR), reported its first quarter financial results for the period ended March 31, 2016. For the first quarter of 2016, the company reported revenue of $745.0 million as compared with revenue of $632.4 million for the first quarter of 2015, an increase of 18 percent. Net income for the first quarter […]
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