Quality Collision Group, the new private-equity-backed collision repair facility operator that was announced in October, has added two experienced executives to its leadership team. Phil Southard has been named Chief Financial Officer, and longtime industry veteran Scott Krohn joins the organization’s Board of Directors. “This is an exciting moment for the Quality Collision Group team,” […]
Collision Claims Declined Over 35% in Second Quarter Compared to 2019
Coronavirus lockdowns in the U.S. dramatically impacted quarterly claims and losses in the first half of 2020. Earned car years, however, continued to grow. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) quantifies the historic impact of coronavirus lockdowns on private passenger collision claims and losses during the […]
Uni-Select Reports Third Quarter Sales Down 12.3%
Uni-Select Inc. (TSE:UNS) today reported its sales for the third quarter ended September 30 were $395.352 million, down 12.3% from 450.758 million in the third quarter of 2019. Sales for the nine month period were $1.105 billion, down 16.7% from $1.327 billion in the first nine months of 2019. Sales sequentially improved month-over-month from April […]
FCA Releases Position Statement Cautioning Opt-OE Collision Repair Parts Are Not OEM
FCA US LLC released a position statement cautioning the collision repair industry and vehicle owners that parts labeled as Opt-OE should not be confused with genuine OEM parts from the manufacturer. According to the position statement, “Opt OE parts can seem like authentic Mopar, at a value price compared to purchasing from an FCA dealer. […]
AkzoNobel Continues Investment in Women’s Industry Network’s Future
AkzoNobel is a long-time leader in recognizing and championing women in the collision repair industry. In 1999, AkzoNobel created the Most Influential Women award to help promote diversity and sustainability in the collision repair workforce. In 2006, the Women’s Industry Network (WIN) was established and AkzoNobel has been a top tier sponsor each year. AkzoNobel […]
I-CAR Introduces New All-Inclusive Package to Help Collision Repair Shops Achieve Gold Class
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the launch of Get to Gold Class, an all-inclusive package customized for shops working toward I-CAR Gold Class recognition. The Get to Gold Class package features a customized training prescription based on shop size and existing knowledge-base, turnover protection considerations, flexible payment options and discounts, and […]
CCC Reports October Repairable Auto Claims Down Nearly 20%
The October result is an improvement from September. According to the latest CCC Auto Claims Snapshot covering October 2020, repairable appraisal counts in October were nearly 20% lower than last year. This was an improvement from September, when repairable appraisal counts were down 22.7%. According to CCC, year-to-date repairable appraisal counts are still down nearly […]
Boyd Group Reports Third Quarter Sales Down 10.3%
Same stores sales were down 15% as pandemic continues to impact driving. Boyd Group Services Inc. announced sales for the third quarter ending September 30 decreased by 10.3% to CA$508.3 million ($386.9 million) from CA$567.0 million ($431.6 million) in the same period of 2019, including same-store sales decreases of 15.0%, with Canada having a greater […]
Safelite Acquires Lee & Cates Glass Auto Glass Division
The Safelite Group announced the acquisition of the Lee & Cates Glass auto glass business. The transaction was completed on Friday, November 6. Lee & Cates Glass was founded in 1926 by brothers-in-law Thomas D. Lee Sr. and Raymond H. Cates in Jacksonville, Fla. The company grew into a full-service glass business with locations throughout […]
Copart Opens New Location in North Carolina
Copart, Inc. (NASDAQ:CPRT) opened a new location in Lumberton, North Carolina, consisting of 89 acres. “We’re happy to offer a new location in North Carolina for our buyers and sellers,” said Copart President Jeff Liaw. “We are delighted to continue the expansion of our global network of facilities to better serve our customers. We thank […]
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