Same store sales increased 2.4% during the quarter compared to last year. Boyd Group Services Inc. (TSE: BYD; NYSE: BGSI) today announced sales increased by 5.0% to $790.2 million for the quarter ended September 30 from $752.3 million in 2024. The growth was the result of an increase in same-store sales of 2.4% combined $with […]
Quality Collision Group Enters Florida with Acquisition of Luxury Collision Repair Center
Quality Collision Group announced it acquired 1st Class Auto in Pompano Beach, Fla., marking the Texas-based consolidator’s entry into its 13th state. The acquired shop specializes in luxury vehicle repair and holds certifications from Audi, Aston Martin, Acura NSX, Jaguar, Porsche, Range Rover and Tesla. The certifications require specific training, equipment and repair procedures to […]
Driven Brands Hosts OEM-Insurer-Repairer Meeting on Customer Experience
The Driven Brands Collision Group convened representatives from original equipment manufacturers, insurers and collision repairers Oct. 1 to discuss customer experience issues during the company’s Ascend Conference in Charlotte, N.C. The meeting brought together carriers, repairers and OEMs to identify customer pain points and explore opportunities for collaboration in the repair and claims process. “This […]
NABC Names First Dual Winners of Changing and Saving Lives Award
The National Auto Body Council (NABC) presented its 2025 Changing and Saving Lives Award to two recipients for the first time in the program’s history, honoring John Hamdan and Anne Kolea of Dynasty Auto Body in New Jersey and Bob Waldron of CARSTAR Waldron’s in Massachusetts. The council announced the winners Nov. 4 at the […]
Allan Pavlick Elected Chairman of Automotive Lift Institute
Allan Pavlick of Stertil-Koni has been elected chairman of the Automotive Lift Institute (ALI) Board of Directors for a one-year term, the lift safety organization announced. The board elected Pavlick at its annual meeting Nov. 3 in Las Vegas, Nev. Jim Zuber of Challenger Lifts was elected to complete an unfinished board term. The board […]
Wholesale Used-Vehicle Prices Declined in October
Prices were down month over month, but still remain slightly above last year. The Manheim Used Vehicle Value Index (MUVVI) dropped to 202.9, reflecting a 2.0% decline in October’s wholesale used-vehicle prices adjusted for mix, mileage, and seasonality compared to September. The index is mostly unchanged compared to October 2024. The long-term average monthly move […]
Francisco Partners to Acquire Majority Stake in OEConnection
Francisco Partners has agreed to acquire a majority stake in OEConnection LLC from Genstar Capital, the companies announced today. Financial terms were not disclosed. OEConnection serves 45 vehicle manufacturers, 30,000 auto dealers and 135,000 wholesale customers across six countries. Genstar Capital, Ford Motor Co. and General Motors will remain minority investors in the transaction. Genstar […]
Maaco Names First Painter of the Year, Honoring 50-Year Career
Maaco has selected Norma Alicia Serrano, a painter at its Vacaville, Calif. location, as its inaugural Painter of the Year, the company announced today. Serrano, who has worked at Maaco Vacaville for nearly 18 years, will be recognized at the company’s annual convention this month at Planet Hollywood in Las Vegas. The award marks the […]
16 Veterans Receive Vehicles Through NABC Recycled Rides Program in Texas
The National Auto Body Council announced 16 refurbished vehicles will be donated to Dallas-area veterans on Veterans Day during a ceremony at Texas Collision Centers’ Plano location. The presentation brought together six insurance companies — GEICO, Allstate, Farmers, Travelers, Mercury Insurance and Liberty Mutual — which donated the vehicles. Texas Collision Centers performed the repairs. […]
Consumer Sentiment Decline Continuing in November
University of Michigan reports sentiment recorded declines in preliminary November results both month over month and year over year. Consumer sentiment was down sharply in mid-November, declining 3.3 index points from October, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 50.3 in early November, down 6.2% from 53.6 […]
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