Accountant alleged to have conspired with business owners to claim more than $11 million in false deductions from 2013-2015. A federal grand jury in Las Vegas, Nevada, returned a superseding indictment yesterday charging a Las Vegas man with conspiracy to defraud the IRS. The indictment was announced by Principal Deputy Assistant Attorney General Richard E. […]
GoFundMe Account Established for Industry Veteran Toby Chess
A GoFundMe account has been established to assist collision repair industry veteran Toby Chess who is suffering from kidney disease. Chess, an active industry member for decades, is an I-CAR instructor and presenter at a variety of industry events, and longtime chair of the Collision Industry Conference (CIC) technical committee. Chess is 2003 inductee of […]
Honda and General Motors Establishing a Strategic Alliance in North America
General Motors and Honda today announced they have signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under each company’s distinct brands, as well as cooperation in purchasing, research and development, and connected […]
IIHS Study Shows Automatic Emergency Braking Reduces Heavy Duty Truck Accidents
Equipping large trucks with forward collision warning and automatic emergency braking (AEB) systems could eliminate more than 2 out of 5 crashes in which a large truck rear-ends another vehicle, a new study from the Insurance Institute for Highway Safety suggests. IIHS Director of Statistical Services Eric Teoh examined data on crashes per vehicle mile […]
Copart Reports Fourth Quarter Revenue of $525 Million
Copart, Inc. (NASDAQ: CPRT) reported financial results for the quarter and year ended July 31 that its revenue, gross profit, and net income were $525.7 million, $250.4 million, and $165.5 million, respectively. These represent a decrease in revenue of $16.9 million, or 3.1%; an increase in gross profit of $7.8 million, or 3.2%; and an […]
Chuck Searles Named President of Automotive Management Institute
New leader of management training body has nearly three decades of industry experience, including 19 years with Nissan. The Board of Trustees at the Automotive Management Institute (AMi), the provider of management education for automotive service and collision repair professionals, announced that Chuck Searles has been selected as the organization’s new president, effective immediately. Searles […]
CSN Collision Centres Adds New Collision Repair Center to Network in Calgary
CSN Car Salon in Calgary, Alberta is the latest addition to the CSN Collision Centres network of collision repair facilities. In addition to collision repair, CSN Car Salon also offers mechanical repairs and tire service, window tinting and graphics, accessories, detailing, and audio services. CSN Car Salon Owner, Gary Thomsen, admits that he has not […]
Enterprise Holdings Closes Acquisition of Discount Car and Truck Rentals in Canada
Enterprise Holdings Inc. announced today its Canadian subsidiary has closed its acquisition of Discount Car and Truck Rentals, a leading Canadian car and truck rental company serving customers across Canada that was announced last year. All conditions of closing have been satisfied, including receipt of a no action letter from the Canadian Competition Bureau. The […]
UK Motor Claims Fell 48% in the Second Quarter Compared to First
The average claim value reached a record high. As expected, the number of motor insurance claims notified to insurers in the second quarter of the year fell significantly according to figures out today from the Association of British Insurers (ABI). The fall largely reflected the lockdown period, when far fewer vehicle journeys were made. Claim […]
DDI Technology Announces Office Move
DDI Technology (DDI), the automotive title management and technology firm and a subsidiary of IAA, Inc. (NYSE: IAA) announced the opening of the company’s new 16,500 sq. ft. corporate offices just in Irmo, S.C. outside of Columbia. The new, more modern facility will provide needed additional space for growth and future expansion. “The new office […]
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