The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced scholarship awards totaling $19,500 to help automotive service and collision repair students pay for tuition or tools during the 2020-21 school year. The scholarships are in the amount of $1,000 or $1,500 and were made possible by a successful fundraising drive within the AASP-MN membership, […]
RDA June 10 Webinar Examines Crisis Bounce Back Formula for Collision Repair Shops
The Refinish Distributors Alliance (RDA) is hosting a webinar titled Crisis Bounce Back Formula for Collision Shops, presented by Ryan Taylor, CEO and Founder of Body Shop Booster Registration for the event is available online. Attendees will learn: How to market your business in this new environment Adapt to new business behaviors New opportunities created […]
Mazda Partners with OEConnection for Mechanical Parts Marketing Program
OEConnection LLC (OEC) announced it will provide Mazda North American Operations with RepairLink, its mechanical parts sourcing technology. Mazda is the 10th vehicle manufacturer to adopt RepairLink to facilitate their online OEM parts marketing program, with RepairLink programs covering over 80 percent of US vehicles. The RepairLink solution allows participating Mazda dealers to offer competitively […]
Traffic Volume Improved Last Week at Largest Rate Since Start of Coronavirus Crisis
Four states and one metropolitan area exceeded pre-crisis traffic levels. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of May 16-22, travel for the week increased at the highest rate since reaching a bottom in early April. Passenger travel continued to trend upwards with its largest weekly increase, down 19% […]
Hertz Global Holdings Files for Chapter 11 Reorganization
Rental provider has $1 Billion in cash on hand to support continuing operations as coronavirus crisis impacts business. Hertz Global Holdings, Inc. (NYSE:HTZ) on May 22 announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. […]
CAPA Creates New Standard for Automotive Sensors
The Certified Automotive Parts Association (CAPA), the non-profit standard-setting and certification organization for automotive collision repair parts, announced its new CAPA Standard 703 for automotive sensors. The standard is applicable to ultrasonic park distance control (PDC) sensors but may be expanded to include other types of sensors in the future. It contains requirements for function, […]
AkzoNobel Expands Sikkens Online Resources for U.S. Market
AkzoNobel Vehicle Refinishes today announced that it has launched a Sikkens Vehicle Refinishes website specific to the United States market. “We are excited to provide a direct, online resource for products available in the United States,” says John Eubanks, Marketing Manager for AkzoNobel Vehicle Refinishes Americas. “Previously, customers could access this information through the global […]
Women’s Industry Network Announces 2020-2021 Board
The Women’s Industry Network (WIN) announced the appointment of two new members to its Executive Committee (EC) and a new member to its Board of Directors. Accepting new leadership positions with WIN are: As Secretary – Liz Stein, VP of Industry Relations, Assured Performance Network As Administrative Vice Chair – Tanya Sweetland, Strategic Advisor, Map […]
Progressive Reports Personal Auto Policies in Force Up 10% in April Compared to 2019
Net income up 95% for the month compared to last year. The Progressive Corporation (NYSE:PGR) reported yesterday that its total personal auto policies in force in April were 15,506,300, up 10 percent from 14,115,000 in April 2019. Agency channel auto policies in force totaled 7,237,100, up 8 percent from 6,687,200 last year. Direct channel personal […]
Copart Reports Fiscal Third Quarter Revenue Down 0.5%
Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30, revenue of $550.4 million, down $2.8 million, or 0.5%, from the same period last year. Gross profit was $242.6 million, a decrease of $9.0 million, or 3.6% below last year and net income was $147.5 million, down $45.3 million, or 23.5%. For the nine […]
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