The Auto Care Association will host a live webinar on Wednesday, August 24, from 2-3 p.m. (EDT) to examine the current challenges with ocean shipping and share insights to prepare for what is ahead. Problems with ocean shipping delays have impacted collision repair parts supplies. More information and registration are available online. This webinar is […]
Boyd Group Reports Second Quarter Sales of Over $612 Million, Up Nearly 38%
Same store sales were up over 22% compared to last year. Announces planned retirement of CFO Pathipati. Boyd Group Services Inc. (TSE:BYD) today announced sales of $612.8 million in the second quarter ended June 30. Sales during the quarter increased by 37.8% from $444.6 million in the same period of 2021. Results included same-store sales […]
CARSTAR Adds Collision Repair Center to Network in Columbus, Ohio
CARSTAR announced the opening of CARSTAR Auto Boutique Collision, an 18,000 square foot collision repair facility with 12 employees located at 1037 E. 5th Avenue in Columbus, Ohio. Victor Polishuk and Peter Grammatikakis, owners of CARSTAR Auto Boutique, have been around cars their whole life. Victor entered the business with his father at the age […]
AASP-Missouri Will Merge with Midwest Auto Care Alliance on November 1
Mechanical and collision repair members of the Alliance of Automotive Service Providers of Missouri (AASP-MO) have, in a unanimous vote, elected to merge with the Midwest Auto Care Alliance. Effective November 1, AASP-MO will close its doors and members will become part of the MWACA organization. MWACA will add the Gateway Collision Chapter to their […]
Registration Opens for Fall HD Repair Forum
Registration is now open for the Fall HD Repair Forum conference taking place Monday and Tuesday, September 26-27, in Cleveland, Ohio that will be co-located with the American Trucking Association’s Technology & Maintenance Council’s (TMC) fall meetings. Attendees of the event will hear presentations and panel discussions that give insight and speak to trends in […]
US Light Vehicle Sales Remain Flat in July from Previous Month
Inventory deterioration slows down during the month. U.S. Light Vehicle sales in July performed mostly in line with the June results, according to LMC Automotive, the automotive forecasting and market intelligence firm, now a GlobalData company. Sales are still curbed by lean inventories. July volumes totaled 1.13 million units, slightly weaker than expectations going into […]
Fix Auto USA Adds Collision Repair Center to Network in Beverly Hills
Fix Auto USA announced the opening of Fix Auto Beverly Hills, 7,500 sq. ft. collision repair center located at 2640 La Cienega Avenue in Los Angeles, Calif. Ronald Marquez, owner of Fix Auto Beverly Hills, has been in the collision repair industry for over 25 years, starting at age 17. Doing every role, from painter […]
Caliber’s Paul Krauss Elected to I-CAR Board of Directors
The Inter-Industry Conference on Auto Collision Repair (I-CAR) Board of Directors announced the election of Paul Krauss, Executive Vice President of Caliber Collision Centers, to serve a three-year term filling the Board’s open Large MSO Collision Repair seat. The Board’s election process concluded on July 25 and Krauss will assume his new role immediately following […]
3M Product Donations Supply 300 Collision Repair Schools with Materials Through CREF
As 2021 drew to an end, 3M was looking toward the future ─ specifically the collision repair industry’s future ─ as they donated $889,719.50 in products and supplies to 300 schools around the country, through the Collision Repair Education Foundation (CREF). “Investing in the talent of the future for collision repair trade is a priority […]
Berkshire Hathaway Reports GEICO Collision Claims Severity Up 19-20% in Second Quarter Compared to Last Year
Reports underwriting loss as higher used car prices and shortages of collision repair parts increase severity. Berkshire Hathaway reported its second quarter 2022 earnings, including details about its GEICO subsidiary, the second largest private passenger auto insurer in the U.S. on August 6. GEICO’s pre-tax underwriting loss in the first half of 2022 reflected increased […]
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