The Automotive Service Association (ASA) has announced one of its latest corporate members: Federal-Mogul Motorparts. Corporate membership provides an opportunity for companies to expand their relationships with ASA and its leaders in the collision repair and automotive service segments of the industry. Brent Berman, director of training and consumer experience, said about its new membership […]
New AAA Survey Reveals Drivers’ Frustrations with Crumbling Infrastructure
About 70 percent of drivers traveling this summer are concerned about poor road conditions or traffic congestion, according to a new survey from AAA. The survey revealed that 56 percent of U.S. consumers will be hitting the road for summer vacation, but only 1 in 5 think the roads are in great driving condition. Some […]
Boyd Group Reports Same Store Sales Up 7.4% in First Quarter
Overall sales increased by 24.3 percent. Softening demand in second quarter could result in lower growth. Added 20 collision repair centers since start of year. The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2016. Sales increased by 24.3 percent to CA$350.4 million ($270.6 million) from […]
CARSTAR Adds Collision Repair Center in South Dakota
CARSTAR Auto Body Repair Experts announced the addition of CARSTAR Riverside Auto Body, owned by Tim and Sheila Steiner, to its network of independently-owned collision repair centers. The facility is located at 89850 Highway 81 in South Yankton, S.D. “The reason I looked at joining CARSTAR is because it was getting to a point where […]
Largest Maaco Opens in Texas Today
They say that everything is bigger in Texas. At more than 20,000 square feet, Maaco McKinney is not just the biggest in Texas, it is the largest Maaco facility in the world based on square footage. The shop will hold a Grand Opening celebration today from 2 p.m. to 8 p.m. They are located at […]
3M Kick-Starts Collision Repair Education Foundation Summer Drive with $1.1 Million Product Donation
3M helped launch the Collision Repair Education Foundation’s “summer drive” for product donations of tools, equipment, and supplies with a $1.1 million donation of color match film products to 300 collision repair schools programs. The Education Foundation is seeking industry member’s support in providing in-kind donations to assist high school and college collision repair school […]
Usage-Based Insurance Projected to Grow to 142 Million Subscribers Globally by 2023
In 2015, close to 12 million consumers globally subscribed to this type of insurance, according to a new report from IHS Automotive, part of IHS, Inc. (NYSE:IHS). The number of consumer subscribers to UBI is expected to grow to 142 million globally by 2023, according to the IHS report. This specific type of automobile insurance […]
New Hampshire Passes Non-OEM Parts Restriction Bill
Legislation that restricts insurers from requiring non-OEM parts for vehicle placed in service within past two years. ASA-supported legislation also restricts use on lease vehicles if they could impact residual values. The New Hampshire House of Representatives approved Senate Bill 436 (SB 436) yesterday that requires insurance companies to disclose when then they specify non-OEM […]
Guild 21 Conference Call Today Features John Eck from General Motors
The next Guild 21 conference call takes place today at 2 p.m. EST (11:00 a.m. PST) and will feature John Eck, Manager, Wholesale Dealer Channel, General Motors Customer Care & Aftersales, who will present on the topic of quality repairs and OEM certification for repair facilities. Eck has over 25 years of automotive aftermarket experience […]
Nissan Takes 34% Stake in Mitsubishi Motors
Nissan Motor Co., Ltd., and Mitsubishi Motors Corporation, (MMC) announced that they have signed a Basic Agreement today to form a far-reaching strategic alliance between the two Japanese automakers. Following an MMC share issue, Nissan will take a 34 percent equity stake in MMC for 237 billion yen. The strategic alliance will extend an existing […]