Copart, Inc. (NASDAQ:CPRT) released its inaugural report on its ongoing environmental, social, and governance (ESG) efforts. “From our inception, Copart has always been committed to principles of environmental stewardship, employee diversity and good governance,” said co-CEO Jeff Liaw. “We’re pleased to release our first report with substantial information about our efforts.” Copart’s Fiscal Year 2022 […]
Mike Kaufmann Inducted into AASP/NJ Hall of Fame
The Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) announced that Mike Kaufmann, from the Mike Kaufmann Dealer Group, became the newest inductee into the association’s Hall of Fame. Kaufmann has devoted his career to automotive parts distribution and is well-known throughout the Garden State for his work. Upon presenting him with the honor […]
Collision Repair Industry Production Sets New Record in September
After lower results in July and August, production increased in September to set a new record. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary September collision repair employment, hours worked and wages indicated production increased compared to August and was up on […]
iPhone Manufacturer Foxconn Broadens Lordstown Motors Strategic Partnership with $170 Million Investment
Announce plans to pursue first joint EV program. Lordstown Motors Corp. (LMC) (NASDAQ: RIDE), the commercial electric vehicle (EV) manufacturer, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group that manufacturers iPhones for Apple, announced Foxconn agreed to make additional equity investments in LMC in the form of $70 […]
National Auto Body Council Announces New Board Members and Executive Committee
At its Annual Meeting last week in Las Vegas, the National Auto Body Council (NABC) held its board elections for the upcoming year. In addition to re-electing four members whose terms were expiring, it also welcomed three new members to its Board. Active members in attendance at the in-person and virtual NABC annual meeting had […]
Progressive Celebrates 10 Years of the Keys to Progress Program
Over 900 vehicles donated through program to military families. Progressive Insurance announced its 10th annual Keys to Progress vehicle giveaway taking place today. Ahead of Veterans Day, 100 veterans and military-related organizations across the country will receive the keys to vehicles that will provide reliable transportation, helping them and the veterans they serve get back […]
CREF Cup 2022 at TopGolf Schaumburg November 17
Companies participating will have the opportunity to meet 1,000 Chicagoland transportation students at March career fair. The Collision Repair Education Foundation (CREF) will host a night of golf and networking at 6 p.m. on Thursday, November 17 at TopGolf in Schaumburg, Ill. to support high school and college collision programs and students around the country […]
Boyd Group Reports Sales Up Over 27% in Third Quarter Compared to Last Year
Same store sales were up almost 22% during the quarter. Boyd Group Services Inc. (TSE:BYD) announced sales increased by 27.6% to $625.7 million in the third quarter ended September 30 from $490.2 million in the same period of 2021. Same-store sales increased 21.9% during the quarter. The third quarter of 2022 had the same number […]
Crash Champions Acquires Three Collision Repair Centers in West Texas Market
Crash Champions, LLC announced the organization has officially expanded to the West Texas market through the acquisition of Collision King, a leading multi-shop operator (MSO) in Lubbock, Texas. Collision King serves customers at three Lubbock repair centers including: Lubbock Downtown Lubbock South Lubbock Southwest The strategic expansion to the West Texas market grows Crash Champions’ […]
National Auto Body Council Bringing Back NABC Day in Palm Springs January 17
The National Auto Body Council will return to Palm Springs to kick off its yearly fundraising efforts with the annual “NABC Day” for the collision repair industry featuring the annual NABC Pars for Cars Golf Fundraiser, presented by Hertz, a NABC Recycled Rides presentation and the industry reception – all held on Tuesday, January 17, […]
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