Universal Technical Institute, Inc. (NYSE:UTI) reported financial results for the fiscal 2019 fourth quarter and full year ended September 30, 2019. Fourth quarter revenue increased 9.2% versus the prior year quarter to $87.7 million, driving fiscal 2019 revenue for the full year to $331.5 million, up 4.6% versus the prior year. New student starts, excluding […]
VeriFacts Announces Winners of Collision Repair Facility and Top Technician Awards
VeriFacts Automotive, LLC announced the 2018-2019 recipients of the Collision Repair Excellence (ACE) award and March Taylor awards, recognizing them as the top collision repair professionals in the country. Each year, VeriFacts Automotive presents the ACE Award to an exceptional collision repair center that has displayed an industry leading commitment to safe, correct and smart […]
Light Vehicles Involved in Police Reported Crashes up 4.2% in 2018
The number of passenger cars and light trucks involved in crashes increased last year. According to the National Highway Traffic Safety Administration (NHTSA) National Center for Statistics and Analysis report on 2018 police-reported motor vehicle crashes, the number of light vehicles involved in accidents increased versus 2017. According to the report, a total of 11,328,000 […]
Online Pre-Registration Open for Northeast Trade Show
The 43rd annual Northeast Show takes place March 20-22. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced that online pre-registration is now underway for the NORTHEAST 2020 Automotive Services Show. The Show is scheduled for March 20-22, 2020 at the Meadowlands Exposition Center located in Secaucus, N.J. Attendees can pre-register to attend […]
Fix Auto USA Announces Staff Additions
Fix Auto USA announced the addition of three new associates, Ryan Ness, Mary Ellen Ortiz, and Ana Itzel Velasco, to its team. Ness, Ortiz, and Velasco join Fix Auto USA in newly created roles to help further advance the brand’s vision. “At Fix Auto USA, we’ve always made it a point to invest in our […]
Fix Network Canada Partners with Audatex on Collision Repair Parts Program
Fix Network Canada and Audatex Canada, a Solera Company, are launching a parts sourcing and purchasing program exclusive to members of the Fix Network family of collision repair brands. The newly designed Fix Network Parts Program is only available through Audatex to Fix Auto and ProColor Collision repair facilities beginning this month. “We welcomed the […]
Maaco Franchisees Donate 150 Thanksgiving Meals to Military Families
Maaco Collision Repair and Auto Painting made sure that local military families and veterans had the food they needed for the upcoming Thanksgiving holiday during its 2019 National Convention in Boca Raton, Fla. in November. Maaco franchisees, many of whom are veterans, took time out to package 150 food baskets, containing all the ingredients needed […]
Collision Repair Industry Production Up Over 3% in August Compared to 2018
Production in the U.S. was up in August versus 2018 and from the previous month. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in August 2019 was up compared to August 2018 and up versus July. Production, however, remains […]
Boyd Group Acquires Collision Repair Center in Nashville
The Boyd Group Inc. announced the acquisition of a collision repair center in Nashville, Tennessee. The new Gerber Collision & Glass location previously operated as Whaley Body Shop and has been part of the community for over 60 years and at the current location since 1982. Nicknamed “Music City, USA,” Nashville is the capital and […]
US Economy Projected to Continue Slow and Steady Growth in 2020-2021
The U.S. economy, buoyed by low unemployment rates along with robust consumer spending, marked its longest expansion in history this summer yet the pace of growth has cooled. Get ready for a continued slowdown ahead, as growth slides from 2.9% a year ago to 2.3% this year, and to 1.7% in 2020-21, according to University […]
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