Fix Auto USA announced that its 17th Annual Conference themed “Family Value(s)” will take place May 31st—June 3rd at the Omni La Costa Resort & Spa, set along the scenic San Diego, Calf. coast. “Each year our National Conference provides an opportunity for Fix Auto USA to display to the industry the culture and value […]
BMW Group and Daimler AG Invest Over $1 Billion in Joint Mobility Company
The BMW Group and Daimler AG are pooling their mobility services to create a new global player providing sustainable urban mobility for customers. The two companies are investing more than €1 billion ($1.13 billion) in total to develop and more closely intermesh their offerings for car-sharing, ride-hailing, parking, charging and multimodal transport. The cooperation comprises […]
Collision Industry Foundation Reports Success at 9th Annual Gala Fundraiser
The Collision Industry Foundation (CIF) held its ninth annual Gala Fundraiser in Palm Springs, California alongside the Collision Industry Conference. Continuing the well-known tradition, the Foundation hosted a lively cocktail party at the Lulu California Bistro. The gala guests were able to participate in a raffle and silent auction featuring many desirable items which were […]
U.S. Auto Body Repair and Auto Insurance Prices Grew Faster than Inflation in January
After a monthly decline in December, auto insurance price increases returned in January versus the previous month. Auto body price growth is slower. The most recent government figures on inflation through January 2019 indicate the rate of growth of auto body repair prices has been growing, but is somewhat flat on a month-over-month basis. Even […]
Illinois Legislation Seeks to Mandate Repairers Use OEM Collision Repair Procedures, Requires Written Customer Authorization for Aftermarket Parts
Senate Bill seeks to amend the Illinois Automotive Collision Repair Act to require repair facilities to follow OEM procedures. Legislation introduced on February 15 in Illinois seeks to prohibit repair facilities and installers from using procedures that do not comply with original equipment manufacturer (OEM) specifications. Senate Bill 2104 (SB 2104) would also expand existing […]
CARSTAR Adds Collision Repair Center to Network in Washington State
CARSTAR announced the addition of CARSTAR Cornforth Campbell North, a 12,500 square foot facility located at 407 East Main Ave., in Puyallup, Wash., to its network of independently-owned collision repair centers. CARSTAR Cornforth Campbell, Kurt Johnson’s first facility, has an over 80-year history in the community as the local choice collision repair center. Their first […]
AutoNation Names USAA COO Carl Liebert as New CEO and President
Mike Jackson to become executive chairman effective March 11. AutoNation, Inc. (NYSE:AN) announced that the Company’s Board of Directors unanimously voted to appoint Carl Liebert as AutoNation’s new Chief Executive Officer and President, effective March 11. Cascade Investment and ESL Investments, long-term investors and the two largest AutoNation shareholders, fully support the Board’s decision. Liebert […]
Collision Repair and Restoration Instructor and Student Featured on Autolab Radio Tomorrow
Live broadcast to feature instructor and incoming student. A Pennsylvania College of Technology collision repair and restoration instructor and a New York high school senior planning to enroll in the Williamsport, Pa. college’s automotive restoration technology major will be among the guests on Saturday’s broadcast of The Auto Lab, a radio series about the automotive […]
Uni-Select Inc. Reports Sales Up 1.1 percent in Fourth Quarter
Announces search for new president and CEO. Launched performance improvement and rightsizing plan for FinishMaster US. Uni-Select Inc. (TSE:UNS) reported on its earnings for the fourth quarter of 2018 and full year results. The company provided updates on its search for a new president and CEO and its previously announced review of “strategic alternatives” for […]
Copart Reports Fiscal Second Quarter Revenue Up 5.6% Revenue Increase
Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter ended January 31. For the three months ended January 31, 2019, revenue, gross profit, and net income were $484.9 million, $208.2 million, and $131.4 million, respectively. These represent an increase in revenue of $25.8 million, or 5.6 percent; an increase in gross profit of $16.6 million, […]
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