According to ADESA Analytical Services, average wholesale prices for used vehicles was up in March versus February and last year. According to ADESA Analytical Services’ Current Used Vehicle Market Conditions report, signs of the traditional spring tax-season market appeared in March, as average wholesale prices rose both on a sequential and annual basis. Yet price […]
Industrial Finishes & Systems Acquires Rancho Cordova Jobber
Industrial Finishes & Systems Inc., a distributor of automotive paint, equipment and supplies, announced the acquisition of Sunrise Automotive Paint in Rancho Cordova, Calif. Rancho Cordova complements Industrial Finishes & Systems, Inc. existing locations in Napa and Woodland, strengthening the company’s footprint in the Northern California region. The location will continue as Sunrise Automotive Paint […]
Ford Drops Price 11% on 34 New Collision Repair Parts in Truckload Program
Ford Customer Service Division (FCSD) announced it has added 34 new parts to its Collision Parts Truckload Program, reducing list prices on those parts by an average of 11 percent. The additions include parts for the popular F-series, Edge, Fusion, Escape and Explorer vehicle lines. “For nearly 20 years, the Truckload Program has played an […]
Regional Golf Fundraiser Paves Way for National Auto Body Council Programs
A full field of golfers representing all facets of the collision industry, with Enterprise Rent-A-Car as Presenting Sponsor and 33 additional sponsors, joined forces in Dallas, Texas for a successful day for the National Auto Body Council (NABC), the entire collision repair industry and most importantly three deserving North Texas families in need of transportation. […]
BASF Names Christopher Kugler National Strategic Accounts Manager
BASF Automotive Refinish has hired Christopher Kugler as its new National Strategic Accounts Manager. Most recently, Kugler was the Director of Automotive Aftermarket at ILJIN USA, a producer of wheel bearings and other automotive components. Prior to that position, Kugler was the North American National Accounts Manager for Saint-Gobain (Norton) Abrasives in the collision repair […]
UN Calls for Active Safety Systems to Be Standard Equipment in Automobiles
Measure promotes the adoption of active safety systems such as electronic stability control and autonomous emergency braking. The United Nations General Assembly adopted a resolution which represents the strongest ever commitment on road safety made by UN Member States. The resolution supports the ambitious road safety targets now included in the Global Goals for Sustainable […]
FinishMaster Acquires Jobber in Minneapolis/St. Paul
FinishMaster, Inc., the subsidiary of Uni-Select Inc. (TSE: UNS) announced it has completed the acquisition of Zitco, Inc. doing business as Lowell’s PCE in the Minneapolis/St. Paul metropolitan area. Lowell’s has operated a single-location in the Minneapolis/St. Paul market for more than 40 years. “Our companies share a customer-centric focus and our commitment to excellence […]
Over 200 Students Attend Collision Repair Education Foundation Denver Career Fair
Over 200 tech students visited Garmat USA manufacturing facility last week for the Collision Repair Education Foundation’s Denver Cars Careers and Celebrity event. The students were also the first to witness the unveiling of Garmat USA’s new R&D and Training facility. The facility has actually been in place since Garmat’s inception in 1988, but recently […]
Fenix Parts Announces Fourth Quarter and Full Year 2015 Results
Fenix Parts, Inc. (NASDAQ: FENX) announced fourth quarter and full year 2015 results. Fenix completed its IPO and the acquisitions of its eight founding companies in May 2015, an acquisition (Ocean County Auto Wreckers) in August 2015 and two additional acquisitions (Butler Auto Sales and Parts and Tri-City Auto Salvage) in October 2015. Consolidated revenues […]
MSO Symposium Agenda Announced
Details have been announced for the 2016 MSO Symposium, taking place during NACE | CARS on Thursday, August 11 in Anaheim, Calif. program will cover business growth, M&A, private equity, insurance and industry trends, management-focused topics, industry trends and market intelligence. Sponsors of the event include Car-O-Liner, Axalta, AkzoNobel, Arrowhead Insurance, AudaExplore, and Celette. Now […]
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