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John Yoswick

John YoswickJohn Yoswick is a freelance automotive writer based in Portland, Oregon, who has been writing about the collision industry since 1988. He is the editor of the weekly CRASH Network (for a free 4-week trial subscription, visit www.CrashNetwork.com).


He can be contacted at john@crashnetwork.com 

Tuesday, 26 April 2016 18:25

Retro News: May 1996, 2001, 2006, 2011

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Index

15 years ago in the collision repair industry (May 2001)

 

Allstate acquisition of Sterling Collision Centers, a consolidator with 39 collision repair shops in seven states and nine metropolitan areas sent shockwaves across the industry much like State Farm’s non-OEM parts verdict.

“It will change the industry, one way or the other,” predicted John Rattan, a multi-shop owner in Dallas, Texas. “If Allstate succeeds, you’ll probably see other consolidators selling out. If they don’t buy or open any more shops, it will answer the question once and for all about insurers owning body shops.”

– As reported in Autobody News. It’s not clear the question has been answered once and for all, but a 2003 law passed in Texas prohibiting insurers from owner body shops there largely put the brakes on Sterling’s growth as an Allstate subsidiary. Sterling added fewer than two dozen shops in the 13 years it was owned by Allstate, though it did double its sales to about $200 million by 2014 when it was acquired by Service King. Rattan remains CEO of The Body Shop, a 3-shop operation in the Dallas-Ft. Worth area.