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GEICO Reports Premiums Written Up 7.3% in Third Quarter

November 4, 2024 By CollisionWeek Editor

Collision claim frequency was down 8-9% in the third quarter compared to last year. Berkshire Hathaway reported its earnings for the third quarter of 2024 on November 2, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. GEICO’s pre-tax underwriting earnings were $5.747 billion in the first nine […]

Filed Under: News Tagged With: Berkshire Hathaway, Earnings, GEICO

Quality Collision Group Acquires 14 Location MSO in Minnesota

November 4, 2024 By CollisionWeek Editor

Quality Collision Group (QCG) announced the acquisition of Minnesota-based LaMettry’s Collision, a family-owned MSO with 14 locations in the Minneapolis-St. Paul market. With the addition of LaMettry’s, QCG now operates 85 facilities throughout the U.S. Quality Collision Group, which recently celebrated its four-year anniversary, focuses its growth strategy on multi-shop owners (MSOs), such as LaMettry’s, […]

Filed Under: News Tagged With: Acquisitions, Minnesota, Quality Collision Group

Classic Collision Acquires Two New Locations in Virginia and Florida

November 4, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisitions of Knox Automotive Center in Carrollton, Va. and Serrano Paint & Body in Jacksonville, Fla. Knox Automotive Center has been a multi-generational repair shop in Wight County for decades. “We have been a major supporter of our community and the local choice for collision repair since we first opened […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Florida, Virginia

Collision Auto Parts Opens New Warehouse in Santa Fe Springs, California

November 1, 2024 By CollisionWeek Editor

Collision Auto Parts, the distributor of collision repair parts across the Western U.S., announced the grand opening of its newest state-of-the-art distribution center in Santa Fe Springs, Calif. This expansion will elevate service for customers across Southern California, providing faster delivery, greater inventory, and an unmatched commitment to quality. “We’re incredibly excited to open our […]

Filed Under: News Tagged With: California, Collision Auto Parts, Openings

Consumer Sentiment Up in October

November 1, 2024 By CollisionWeek Editor

After declining in early 2024, consumer sentiment was up versus both the previous month and year as labor market and inflation expectations have improved. Consumer sentiment lifted for the third consecutive month, inching up to its highest reading since April 2024, according to the University of Michigan’s Survey of Consumers. The Consumer Sentiment Index rose […]

Filed Under: News Tagged With: Consumer Sentiment, Consumer Sentiment Index, University of Michigan

Stellantis Aftermarket Part Brand bproauto Expands Product Line, Plans to Offer Collision Parts

November 1, 2024 By CollisionWeek Editor

The aftermarket parts brand of Stellantis, bproauto, is approaching its second year of operations in North America since its launch in 2023 and announced plans to continue to expand its product line including collision parts. “We set out to redefine the aftermarket parts landscape by bringing quality, reliability and ease of access to our customers,” […]

Filed Under: News Tagged With: Aftermarket Parts, Stellantis

AASP-PA to Dissolve and Join Mid-Atlantic Auto Care Alliance

November 1, 2024 By CollisionWeek Editor

The Alliance of Automotive Service Providers of Pennsylvania (AASP-PA) and the Mid-Atlantic Auto Care Alliance (MAACA) announced a new collaborative direction aimed at enhancing support, resources, and advocacy for Pennsylvania’s automotive service professionals. After more than 10 years of separation, the two organizations have come back together. A As of January 1, 2025, all AASP-PA […]

Filed Under: News Tagged With: AASP-PA, Agreements Signed, Mid-Atlantic Auto Care Alliance

Kirmac Collision Partners with Tractable

November 1, 2024 By CollisionWeek Editor

Kirmac Collision & Autoglass, the Canadian based MSO with 20 locations across Metro Vancouver, B.C., is using Tractable’s artificial intelligence (AI) solution to digitally engage customers to streamline the vehicle repair process. The solution is currently deployed across all locations and Kirmac’s centralized customer service center. Kirmac, along with its sister brand Reborn Autobody, have […]

Filed Under: News Tagged With: Agreements Signed, Artificial Intelligence, Kirmac Collision & Autoglass, Photo Estimating, Tractable

ATI Launches Program Designed to Help Increase Online Presence for Repair Facility Owners

November 1, 2024 By CollisionWeek Editor

ATI, the coaching, training, and consulting organization for independent automotive repair and collision shop owners, announced the launch of Automotive+ Reach. This online training program is designed to empower mechanical and collision shop owners to leverage Google’s capabilities and the broader internet to drive customer engagement, boost traffic, and ultimately increase sales. The Automotive+ Reach […]

Filed Under: News Tagged With: Automotive Training Institute

I-CAR Plans Advanced Training, Hands-On Demos and Educational Programs at SEMA Show

October 31, 2024 By CollisionWeek Editor

Exhibitions will include immersive VR training, expert-led courses, welding demos, and Industry Stage presentations. The Inter-Industry Conference on Auto Collision Repair (I-CAR) returns for the 15th straight year to the SEMA Show with cutting-edge education and training initiatives that reflect its unwavering dedication to industry professionals. I-CAR’s steadfast commitment to advancing the quality and efficiency […]

Filed Under: News Tagged With: I-CAR, SEMA Show, Technical Training, Virtual Reality

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