The ASE Education Foundation announced the cancellation of its Instructor Training Conference that was scheduled for July 14-17 at the Embassy Suites Hotel in Frisco, Texas. The annual conference provides training to hundreds of high school and college instructors from auto, truck and collision repair programs nationwide. “Due to ongoing concerns surrounding the COVID-19 coronavirus, […]
Paul Stone Named President and CEO at Hertz
Hertz Global Holdings, Inc., (NYSE:HTZ) today announced that its Board of Directors has named Paul Stone President and Chief Executive Officer, effective immediately. Stone, most recently Hertz’s Executive Vice President and Chief Retail Operations Officer, North America, also has been elected to the Hertz Board of Directors. Stone succeeds Kathryn V. Marinello, who plans to […]
Bosch Puts Fully Automated Surgical Mask Production Lines in Operation
In the fight against coronavirus, Bosch has now turned its hand to the fully automated production of face masks. Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH, on Friday launched the first special production line for face masks at the Bosch plant in Stuttgart-Feuerbach, Germany. The company will operate five […]
Nearly 9 out of 10 Collision Repair Facilities in U.S. Report Lower Sales in April
Collision repair facilities remain open but business has slowed dramatically. More than 70% of shops report receiving government funding. The vast majority of collision repair facilities responding to a CollisionWeek study are open, but have reported further declines in sales versus March due to the coronavirus response. Operator sentiment on their business survival has improved […]
Consumer Confidence Ticks Upward in May Preliminary Report
Consumer confidence came in better than expected in the University of Michigan Survey of Consumers. The Index of Consumer Sentiment was 73.7 for May 2020, up 2.6% from April but down 26.3 percent from May 2019. According to Richard Curtin, Surveys of Consumers chief economist, confidence inched upward in early May as the CARES relief […]
Spanesi Welders Approved for Tesla Collision Repair
The article you requested has been removed at the request of Spanesi. Updated 5/18/2020
I-CAR Opens Nominations for Russ Verona and Jeff Silver Awards
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced nominations are open for its two industry awards which recognize outstanding contributions to advancing technical education and professionalism in the collision repair industry; the Russ Verona Memorial Award and the Jeff Silver award. Nominations for both awards will be accepted through July 31, and the winners […]
Holden Expands Certified Collision Repair Network to Include HSV & Chevrolet Vehicles in Australia
GM Holden announced the expansion of its Certified Repairer Network to include all past and present HSV vehicles along with GM vehicles such as the Chevrolet Silverado and Camaro that are currently being sold by HSV. Due to the nature of HSV vehicles, only repair shops that have gained the I-CAR Gold Class standard are […]
Gas Consumption Up 11% Last Week
Government statistics continue to show dramatic improvements, but weekly consumption is still down over 20% from mid-March levels. There is more good news on the state of economic activity as for the third straight week, data from the U.S. Energy Information Administration (EIA) showed gasoline consumption increased by more than 10% versus the previous week. […]
Boyd Group Completes $164 Million Bought Deal Share Offering
Boyd Group Services Inc. (TSE:BYD) today announced that it has closed its previously announced bought deal financing share offering consisting of the original 1,265,000 shares at a price of CA$183.00 per share. The offering raised CA$231,495,000 ($164.3 million) as the underwriters exercised their over-allotment option in full, acquiring an additional 165,000 shares above the initial […]
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