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CollisionWeek



Your source for the latest collision repair industry news, statistics and trend analysis.



Last Build Date: Mon, 26 Jun 2017 17:18:18 +0000

 



Recalled Airbag Manufacturer Takata Files for Bankruptcy

Mon, 26 Jun 2017 16:19:57 +0000

Reaches agreement to be acquired by US-based Key Safety Systems. Japan’s Takata Corp, the manufacturer at the center of the airbag recall, filed for bankruptcy protection in both the United States and Japan, and announced it would be acquired for $1.6 billion by Sterling Heights, Michigan- based Key Safety Systems (KSS). Under the agreement, KSS […]

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SkillsUSA Collision Repair and Automotive Refinish Medalists Named

Mon, 26 Jun 2017 16:08:14 +0000

High school students from Sentinel Career and Technology Center in Tiffin, Ohio take Gold in both collision repair and automotive refinish contests. The winners of the annual SkillsUSA Championships in Collision Repair Technology and Automotive Refinish Technology were announced Friday evening, June 23, at the Awards Ceremony of the National Leadership and Skills Conference. The Conference […]

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New Vehicle Sales Pace Projected to Fall Again

Mon, 26 Jun 2017 15:36:41 +0000

J.D. Power and LMC Automotive estimates U.S. retail SAAR of 13.1 Million, the Lowest for June in five years. The new vehicle retail sales pace in June is expected to be lowest for the month since 2012, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales in June are anticipated […]

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U.S. Property/Casualty Insurance Industry Reports $7.7 Billion Net Income in First Quarter

Mon, 26 Jun 2017 15:29:58 +0000

Net income drops 42.2 percent due to the highest first quarter catastrophe losses since the 1994 Northridge earthquake. The private U.S. property/casualty insurance industry saw its net income after taxes drop to $7.7 billion in first-quarter 2017 from $13.4 billion in first-quarter 2016—a 42.2 percent decline—and its overall profitability as measured by its annualized rate […]

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Thatcham Announces Partnership on Collision Repair Management Training in the UK

Fri, 23 Jun 2017 15:29:25 +0000

According to Thatcham Research, the United Kingdom-based motor insurers’ automotive research center, challenging decisions lie ahead for body shops, as modern vehicles trigger need for specialized repair strategies. The organization announced a new partnership with Business Success Global (BSG) to bring a leadership and management development program to market to help repairers respond to changes […]

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U.S. House Passes Bill Reauthorizing Perkins Support for Career and Technical Education

Fri, 23 Jun 2017 15:17:20 +0000

The U.S. House of Representatives voted yesterday to pass H.R. 2353, the Strengthening Career and Technical Education for the 21st Century Act. The bill seeks to reauthorize the Carl D. Perkins Career and Technical Education Act (Perkins) through Fiscal Year (FY) 2023. According to a joint statement from LeAnn Wilson, executive director of the Association […]

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Axalta Supports Sustainable Auto Repair Program in Tianjin, China

Fri, 23 Jun 2017 15:06:59 +0000

Axalta Coating Systems (NYSE:AXTA) recently collaborated with the Tianjin Vehicle Maintenance Administrative Office to offer advanced, technical education on waterborne coating technology to more than 60 Tianjin automotive refinish businesses. Technicians received training on the benefits of waterborne coatings and learned to improve their application skills. Axalta’s participation contributes to the success of the “Tianjin […]

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J.D. Power Initial Quality Study Uncovers Consumer Concerns with Autonomous Vehicle Technology

Fri, 23 Jun 2017 14:58:22 +0000

Initial quality at highest level ever. Increasing problems raise early warning bells for driver assistance technology. New-vehicle quality is at its highest level ever, improving a significant 8% from last year, according to the J.D. Power 2017 U.S. Initial Quality Study,SM (IQS) released yesterday. According to the study of nearly 80,000 purchasers and lessees of […]

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Martin-Senour Announces Third Quarter Training Schedule

Thu, 22 Jun 2017 17:01:00 +0000

The Martin Senour Company announced its 2017 third quarter training schedule for its collision repair facility customers, with courses running from July 17 to September 25, at its training facilities nationwide. The classes will provide guidance and share proven, efficient procedures on an extensive number of topics to collision repair professionals, according to Martin Senour […]

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Maaco Adds Three Locations in San Antonio

Thu, 22 Jun 2017 14:33:59 +0000

Maaco announced the addition of three locations this year in the San Antonio, Texas market. “We’re excited to see the resurgence of the Maaco brand in San Antonio with new levels of quality service and customer satisfaction,” said Jason Ryan, president of Maaco.  “As we celebrate the 45th anniversary of Maaco across North America, we’re […]

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