First quarter spending on new vehicles at record levels. New-vehicle retail sales for the month of March are expected to show growth over March 2020 and March 2019, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales for new vehicles are projected to reach 1,288,100 units, a 70.7% increase compared with […]
Business Groups Applaud Senate Passage of the PPP Extension
Business groups are applauding the U.S. Senate’s passage yesterday of H.R. 1799, the PPP Extension Act of 2021 that extends the deadline to apply for a Paycheck Protection Program (PPP) loan beyond its March 31 deadline. Kevin Kuhlman, Vice President of Federal Government Relations for the National Federation of Independent Business (NFIB) said, “Small business […]
IIHS Announces 2021 Board
The Insurance Institute for Highway Safety (IIHS) announced that Dan Clapp, executive vice president of Shelter Insurance, will remain at the helm its Board of Directors for 2021 as planned. Clapp, executive vice president at Shelter, took over as chair in July, following six months as chair-elect. “Even as the world’s focus shifted to a […]
CalPro ADAS Solutions Launches ADAS IdentiScan
CalPro ADAS Solutions announced the launch of its new ADAS IdentiScan product. The solution delivers detailed information and guidance to collision repair facilities so they can manage the estimation and repair process by identifying the advanced driver assistance systems (ADAS) and required calibrations. “ADAS IdentiScan simply provides the right information, to the right person at […]
Right to Repair Legislation Introduced in Australia
Bill follows years long effort to establish framework to assure access for independent auto repair facilities and training organizations. Legislation was introduced March 24 in the Australian Parliament to require vehicle manufacturer and other affiliated data providers to make repair information supplied to dealer repair facilities available to independent repairers and training groups. The proposed […]
Snapsheet Secures $30 Million in Series E2 Financing
Snapsheet announced it has raised $30 million in Series E2 financing. Ping An Global Voyager Fund and Pivot Investment Partners led the round. Existing investors include Nationwide, Liberty Mutual, Intact Ventures, Tola Capital, Commerce Ventures, among others. The new funds will be used to accelerate growth and add new functionality to Snapsheet’s cloud native end-to-end […]
AutoClaims Direct Join Guidewire PartnerConnect Program
AutoClaims Direct, Inc. (ACD), the auto claims technology and services company to the property and casualty industry, and Guidewire Software, Inc., announced that ACD has joined Guidewire PartnerConnect as a Solution partner. Since 2003, ACD has been committed to ending the fragmented auto claims process by delivering a unified, end-to-end solution for insurers to manage […]
Sonia Bouthillette Named Vice President of Canada Operations for the Fix Network
The Fix Network has announced the appointment of Sonia Bouthillette as its Vice President of Operations for Canada. Sonia will be reporting to Sylvain Seguin, Fix Network’s Executive Vice President (Canada) and will be based at the Fix Network national head office in Blainville, Quebec. In her new role, she will be responsible for driving […]
Mario Dimovski Named First IBIS Ambassador
Following the International Bodyshop Industry Symposium’s (IBIS) confirmation of its 2021 and 2022 events calendar, an integrated initiative is being launched known as the IBIS Ambassadors program. IBIS Ambassadors will bring their personal know how together with global industry subject matter experts to develop a network of thought leaders. These individuals will provide unique and […]
Boyd Group Reports 2020 Sales Down 8.5% on Pandemic Impact
Same store sales were down 15.6%, worse in Canada due to slower reopening. Boyd Group Services Inc. (TSE: BYD.TO) today reported its 2020 sales decreased by 8.5% to CA$2.1 billion ($1.66 billion) from CA$2.3 billion ($1.81 billion) in 2019. According to the company, same-store sales decreased by 15.6%, with Canada having a greater negative impact […]
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