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Spanesi Welders Approved for Tesla Collision Repair

May 15, 2020 By CollisionWeek Editor

The article you requested has been removed at the request of Spanesi. Updated 5/18/2020

Filed Under: Uncategorized Tagged With: Approvals, Spanesi, Tesla

I-CAR Opens Nominations for Russ Verona and Jeff Silver Awards

May 15, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Awards, I-CAR

Holden Expands Certified Collision Repair Network to Include HSV & Chevrolet Vehicles in Australia

May 15, 2020 By CollisionWeek Editor

Holden logo

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 […]

Filed Under: News Tagged With: Australia, General Motors, Gold Class, Holden, HSV, I-CAR Australia, OEM Certification

Gas Consumption Up 11% Last Week

May 14, 2020 By CollisionWeek Editor

Fuel Consumption Gas Pump

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. […]

Filed Under: Research Tagged With: Gasoline Demand

Boyd Group Completes $164 Million Bought Deal Share Offering

May 14, 2020 By CollisionWeek Editor

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 […]

Filed Under: News Tagged With: Boyd Group

Uni-Select Inc. Reports First Quarter Sales Down Nearly 3% on Impact from Coronavirus

May 14, 2020 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) today reported sales of $407.7 million for the first quarter ended March 31, down 2.9% from 2019, and negative organic growth of 3.4%. The company estimated the impact from the COVID-19 crisis on sales of 3% to 4%. Excluding the effect of COVID-19, consolidated organic sales would have been relatively flat against […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

New Jersey Directs Insurance Companies to Provide Premium Reductions to Drivers and Businesses

May 14, 2020 By CollisionWeek Editor

The New Jersey Department of Banking and Insurance directed insurance companies in the state to provide premium reductions to consumers and businesses during the COVID-19 emergency. The bulletin issued May 12 by the department covers premiums that are paid during the public health emergency that began March 9th and applies to property and casualty insurance […]

Filed Under: News Tagged With: Auto Insurance, New Jersey, Premiums, Workers Compensation Insurance

NADA President and CEO Peter Welch to Retire at End of 2020

May 14, 2020 By CollisionWeek Editor

The National Automobile Dealers Association (NADA) on Wednesday announced that President and CEO Peter Welch will be retiring at the end of 2020. Welch, 67, was appointed by the NADA Board of Directors in January 2013 to head the organization. Under his leadership, NADA strengthened its core mission of advocating on behalf of franchised dealers […]

Filed Under: News Tagged With: National Automobile Dealers Association, People

Interview: Brandon Eckenrode, Collision Repair Education Foundation

May 13, 2020 By CollisionWeek Editor

Eckenrode details how the Foundation is adapting to assist collision repair schools and students who have been impacted by the coronavirus crisis. With virtually all schools and college facilities closed through the U.S. to help slow the spread of the coronavirus, the Collision Repair Education Foundation is adapting to increase the industry’s support for its […]

Filed Under: Feature Tagged With: Carolinas Collision Association, Collision Repair Education Foundation, Interview

Boyd Group Reports May Sales Continue to be Impacted by Coronavirus

May 13, 2020 By CollisionWeek Editor

Reports May sales down slightly less than 40% so far. Announces amended credit facility and final first quarter earnings  Boyd Group Services Inc. (TSE:BYD) announced its final first quarter financial results and provided updates on its negotiations to amend its credit facility and the continuing impact of the COVID-19 pandemic. The company had released its […]

Filed Under: News Tagged With: Boyd Group, Earnings

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