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Fenix Parts Files Third Quarter 2016 Earnings Late, Will Evaluate Strategic Alternatives

April 3, 2017 By CollisionWeek Editor

Late filing leads to default under credit facility, hires firm to evaluate strategic alternatives Fenix Parts, Inc. (NASDAQ:FENX) announced third quarter 2016 results on March 28. Consolidated net revenues of Fenix Parts were $32.5 million for the third quarter of 2016, compared to $34.2 million in the second quarter of 2016, and $32.2 million on […]

Filed Under: News Tagged With: Earnings, Fenix Parts

Australia NSW Government Launches New Mandatory Smash Repair Code of Conduct

March 31, 2017 By CollisionWeek Editor

Australia’s New South Wales (NSW) Government announced today the implementation of a new mandatory Code of Conduct, signed off by the motor vehicle insurance and repair industry. NSW Deputy Premier and Minister for Small Business, John Barilaro, said the Code would lift industry standards by helping to reduce disputes between insurers and repairers and lead […]

Filed Under: News Tagged With: Australia, Code of Conduct

Volkswagen Launches New Mechanical Parts Program Using OEConnection

March 31, 2017 By CollisionWeek Editor

OEConnection LLC (OEC) announced that Volkswagen of America, Inc. (VW) has expanded the use of RepairLink, a web-based, all makes and models parts ordering and fulfillment solution, for their network of U.S. dealers and independent repair facility customers.  The newly created VW parts marketing program, Genuine Advantage, allows VW dealers to offer mechanical parts at […]

Filed Under: News Tagged With: OEConnection, OEM Parts, Volkswagen

Service King Adds Two Collision Repair Centers in Rochester, NY

March 31, 2017 By CollisionWeek Editor

Service King Collision Repair Centers announced the acquisition of Gates Automotive in Rochester, New York. As part of the deal, operations of two collision repair facilities, located at 73 Marway Circle in Rochester and 50 Thruway Park Drive in Henrietta, officially transitioned to Service King. “This is an exciting step forward in Service King’s steady […]

Filed Under: News Tagged With: Acquisitions, New York State, Service King Collision Repair Centers

Chief University Introduces Joining Technologies Class for Collision Repair Estimators, Appraisers

March 31, 2017 By CollisionWeek Editor

New class covers welding, brazing, riveting, weld bonding and more Chief University announced a new, hands-on collision repair class focused on joining technologies. The one-day Chief University Joining Technologies class is designed to provide estimators and appraisers a thorough understanding of the current welding, riveting and adhesive bonding and removal technologies being used in today’s […]

Filed Under: News Tagged With: Chief Automotive Systems, Joining Technologies, Welding

Connecticut Trims $40,000 in Processing Costs with Paperless Adjuster Renewals

March 30, 2017 By CollisionWeek Editor

Connecticut Insurance Commissioner Katharine L. Wade announced that licensing renewal notices for casualty adjusters and motor vehicle property damage appraisers are now done online, saving nearly $40,000 in processing and mailing costs. “We are pleased to offer another efficient service for the industry professionals licensed by the Department,” Commissioner Wade said. “The Department is now […]

Filed Under: News Tagged With: Adjuster Licensing, Connecticut

Fix Auto UK Signs New Contract with Co-op Insurance

March 30, 2017 By CollisionWeek Editor

Fix Auto UK announced that it has signed a new contract with Co-op Insurance, in a move that will see the network more than double the number of its collision repair centers who do work for the insurer. The new contract expands upon the service Fix Auto has been delivering via its South-West England body […]

Filed Under: News Tagged With: Agreements Signed, Fix Auto, United Kingdom

April 24 NASTF Meeting Features “Road to Great Technicians”

March 29, 2017 By CollisionWeek Editor

The Road to GREAT Technicians: Let’s Get Started is the featured topic of the National Automotive Service Task Force (NASTF) Spring 2017 General Meeting,  being held from 1-4 p.m. (CDT), Monday, April 24, in New Orleans, La. “Over the last year, the industry has elevated the discussion around the shortage of qualified technicians,” said Chris […]

Filed Under: News Tagged With: National Automotive Service Task Force

ABPA Details Schedule for April 25-28 Annual Meeting

March 29, 2017 By CollisionWeek Editor

The Automotive Body Parts Association (ABPA) has released the full schedule of events, speakers and breakout sessions for its 2017 ABPA Annual Meeting & Convention on April 25-28 has been finalized. The event is being held in Atlanta, Ga. The deadline for reserving a hotel room at the host Renaissance Atlanta Midtown Hotel at the […]

Filed Under: News Tagged With: Annual Conference, Automotive Body Parts Association

WMABA Annual Golf Outing May 17

March 29, 2017 By CollisionWeek Editor

The Washington Metropolitan Auto Body Association (WMABA) 2017 Annual Golf Outing, which raises funds for the local Jerry Dalton Memorial Education Fund, will be held on May 17, 2017 with a 1:30 p.m. shotgun start. The event will be held at Heritage Hunt Golf & Country Club in Gainesville, Va. “We are happy to announce […]

Filed Under: News Tagged With: Golf Outing, Washington Metropolitan Auto Body Association

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