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Boyd Group Acquires Four Collision Repair Centers in Nevada, Arizona

May 17, 2019 By CollisionWeek Editor

The Boyd Group Inc. announced the acquisition of four collision repair centers located in Nevada (3 locations) and Arizona (1). The shops are located in the Las Vegas area and Scottsdale. These new Gerber Collision & Glass locations were previously branded New Look Collision Center, which originated in 2004 with a single shop. Additional locations […]

Filed Under: News Tagged With: Acquisitions, Arizona, Boyd Group, Nevada

CIECA Webcast on May 21 Examines Impact of Artificial Intelligence on Collision Repair Industry

May 17, 2019 By CollisionWeek Editor

The next CIECA webcast, on Tuesday, May 21 at noon (EDT) will feature a presentation by Jeff Saye of Genpact on the impact of artificial intelligence (AI) will have on the collision repair industry and claims organizations. During the one-hour live broadcast, Saye, Genpact’s global practice leader, insurance claims, will talk about the impact of […]

Filed Under: News Tagged With: Artificial Intelligence, Collision Industry Electronic Commerce Association, Webinar

Georgia Insurance Commissioner Steps Down

May 17, 2019 By CollisionWeek Editor

Georgia Insurance Commissioner Jim Beck announced yesterday that he is suspending himself from office. This means he will be absent from making decisions with regard to the daily operations of the Department of Insurance. In his absence, Chief Deputy Insurance Commissioner Drew Lane will perform the duties of the Insurance Commissioner as provided for by […]

Filed Under: News Tagged With: Fraud, Georgia, Indictment, Insurance Commissioner, Lawsuits

Philadelphia I-CAR Committee June 4 Golf Outing to Benefit Local Collision Repair Schools

May 17, 2019 By CollisionWeek Editor

The Greater Philadelphia-area I-CAR Committee will host its 4th Annual Golf Tournament fundraiser on Tuesday, June 4, to bring industry business partners together, show appreciation for their ongoing support, and to raise awareness to the needs of local technical schools and programs in Pennsylvania, New Jersey and Delaware. All donations will benefit the Collision Repair […]

Filed Under: News Tagged With: Career and Technical Education, Collision Repair Education Foundation, Golf Outing, I-CAR

U.S. Average Length of Rental Up in First Quarter

May 16, 2019 By CollisionWeek Editor

Q1 2019 Length of Rental

Latest data from Enterprise Rent-a-Car shows Mountain and Pacific regions had largest increase. For the second consecutive quarter, the average length of rental increased across the U.S. Average Length of Rental (LOR) for Q1 2019 landed at 12.8 days, an increase of .3 days compared to the first quarter of 2018. As there was was […]

Filed Under: Research Tagged With: Enterprise Rent-A-Car, Length of Rental

Boyd Group Acquires Collision Repair Center in Alabama

May 16, 2019 By CollisionWeek Editor

The Boyd Group Inc. announced today the acquisition of a collision repair center located in Trussville, Alabama. The new Gerber Collision & Glass location previously operated as Myers Auto Collision Repair, has been servicing this market since 1988 and from the current location since 1997. Trussville is an eastern suburb of Birmingham and was included […]

Filed Under: News Tagged With: Acquisitions, Alabama, Boyd Group

Service Kings Opens New Collision Repair Center in Texas

May 16, 2019 By CollisionWeek Editor

Service King Collision Repair Centers announced the opening of its 52nd location in the South Texas market and very first location in Hutto, Texas. The brand new 14,000 sq. ft. facility is located at 2400 FM 685. “This is an exciting way to continue our strategic growth strategy across the region and U.S.,” says Service […]

Filed Under: News Tagged With: Openings, Service King Collision Repair Centers, Texas

3M and Collision Repair Education Foundation Grant Awarded to South Carolina and Minnesota Schools

May 16, 2019 By CollisionWeek Editor

3M and the Collision Repair Education Foundation (CREF) announced the establishment of the 3M and CREF Grant; Growing the Collision Education Programs of Tomorrow. The new grant program, funded by 3M, will provide two collision schools in markets where 3M has facilities with $10,000 each to support the advancement of their programs. The local 3M […]

Filed Under: News Tagged With: 3M, Career and Technical Education, Collision Repair Education Foundation, Grants, Workforce Development

CIECA Spring Board Meeting May 29 in Austin, Texas

May 16, 2019 By CollisionWeek Editor

IECA announced it will be holding its next board meeting on Wednesday, May 29 in Austin, Texas. It will take place at the Hilton Austin hotel from 8:30 a.m. to 12 noon CST and be held concurrently with this year’s Dig|In (Digital Insurance) conference. The first portion of the board meeting is open to all […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association

Boyd Group Reports Same Store Sales Up 5.3 percent in First Quarter

May 15, 2019 By CollisionWeek Editor

On a day adjusted basis, same store sales were up 6.6 percent. Overall sales increased by 23.1 percent over 2018. Boyd Group Income Fund (TSE:BYD.UN) today reported its first quarter sales increased by 23.1 percent to CA$557.9 million ($415.47 million) from CA$453.3 million ($337.57 million) in 2018, including same-store sales growth of 5.3 percent. Same […]

Filed Under: News Tagged With: Boyd Group, Earnings

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