Transition to public corporation expected to be completed by January 1. The Boyd Group Income Fund (TSE: BYD.UN) announced that its unitholders have voted in favor of the plan to convert the Fund from an income trust to a public corporation named Boyd Group Services Inc. Unitholders representing 81.03% of all units outstanding voted in […]
GM Reports Over $3 Million Partner Perks Part Rebates Since Launch Earlier This Year
General Motors Customer Care and Aftersales (GM CCA) announced milestone growth, as well as a new enhancement to its my GM Partner Perks program. Launched earlier this year, my GM Partner Perks provides enrolled repair facilities and collision shops with a comprehensive parts loyalty program, rewarding on purchases of GM Genuine Parts, ACDelco, Chevrolet Performance […]
Ford and McDonalds Partner to Convert Coffee Bean Skin into Car Parts
Collaboration builds on both companies’ commitments to environmental stewardship. Ford Motor Company and McDonald’s USA will soon be giving vehicles a caffeine boost by using part of a familiar staple in the morning routine, coffee beans, in vehicle parts such as headlamp housings. Every year, millions of pounds of coffee chaff, the dried skin of […]
NASTF Seeks Assistance to Expand Heavy Duty Vehicle Capabilities
The National Automotive Service Task Force (NASTF) is requesting industry participation as it develops its heavy duty capabilities. NASTF has served as a cooperative effort among the automotive service industry, the equipment and tool industry and automotive manufacturers. In keeping with that spirit of cooperation. As NASTF prepares to release a full website overhaul in […]
Private Equity Firm Makes Offer to Acquire Opus Group
Group including CEO seeks to acquire all outstanding shares of global vehicle diagnostic and inspection firm. Searchlight Capital Partners together with Lothar Geilen, the chief executive officer of Opus Group AB (STO:OPUS) announced a public offer to the shareholders of Opus Group AB to acquire all outstanding shares in the Sweden-based vehicle diagnostic and inspection […]
Fix Auto Canada Adds Collision Repair Center to Network in British Columbia
Fix Auto Canada announced that Fix Auto Surrey joined its network in British Columbia. Owner Moe Tabatabaei has been in the automotive industry for 30 years and has owned his shop since 2014. “Cars have always been of great interest to me since a very young age; everything from the mechanics to the overall structure,” […]
Universal Technical Institute Reports Fiscal 2019 Revenue Up 4.6%
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 […]
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