The Fix Automotive Network announced the appointment of Andy Raposo to General Manager, Fix Automotive Network for Alberta and Saskatchewan. “The Fix Automotive Network continues to expand in the West; especially in Alberta,” said Steve Leal, President & CEO Fix Auto World. “The team has done tremendous work in the region and I’m excited to […]
Boyd Group Reports Sales Up 19.6% in First Quarter
Same stores sales up 4 percent The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2018. Sales increased by 19.6 percent to CA$453.3 million ($351.6 million) from CA$378.9 million ($293.9 million) in 2017, including same-store sales increases of 4.0 percent Adjusted earnings before interest, taxes, depreciation […]
NY Mercedes Dealer and North State Custom Settle Second Lawsuit
In what might be the final chapter in the parties’ continuing legal saga, Celebrity Auto of Westchester LLC d/b/a Mercedes-Benz of Goldens Bridge and North State Autobahn Inc. d/b/a North State Custom announced that they have settled their second lawsuit against each other. In 2017, North State Custom filed a lawsuit against Mercedes-Benz of Goldens […]
Scott Yessner Named Interim Chief Financial Officer at UTI
Universal Technical Institute, Inc. (NYSE:UTI), announced that, effective May 14, Scott Yessner assumed the role of interim chief financial officer of the company and will report to UTI’s President and CEO Kim McWaters. Yessner succeeds Bryce Peterson, who has left the company by mutual agreement to pursue other interests. Peterson’s departure was not the result […]
VeriFacts Opens Collision Technology Center in California
VeriFacts Automotive announced the opening of a new technology center located at 3202 Shannon Street, in Santa Ana, Calif. VeriFacts expanded its footprint in April to include a vehicle workshop to facilitate the creation and presentation of hands-on collision repair clinics which promote safe and proper repairs. VeriFacts is also committed to studying ways to […]
Novelis Breaks Ground on Automotive Aluminum Facility in Kentucky
Novelis Inc., the aluminum rolling and recycling company, yesterday hosted community members, federal, state and local officials to break ground on its $300 million automotive aluminum sheet manufacturing facility in Guthrie, Ky. Representatives from Novelis were joined by Senator Rand Paul, Congressman James Comer, Governor Matt Bevin and Senator Mitch McConnell’s staff to recognize the […]
Wholesale Used Vehicle Prices Down in March Compared to 2017
First declines since August 2014 According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices the average wholesale used vehicle prices registered their first year-over-year price decline since August 2014, continuing the general softening pattern seen since the impact of the hurricanes waned in late 2017. Retail used vehicle sales, including CPO sales, […]
CARSTAR and Assured Performance Announce Agreement on OEM Certification Program
Initiative designed to accelerate OEM collision repair certification adoption and compliance by CARSTAR stores CARSTAR and Assured Performance announced they will provide a special OEM certification initiative and bundled services to CARSTAR locations across North America. The new initiative leverages Assured Performance tools and resources for CARSTAR store owners to help accelerate adoption and compliance […]
Progressive Appoints First Female Board Chair, Announces Gender and Race Pay Equity Report
The Progressive Corporation (NYSE: PGR) today reported that the company’s Board of Directors elected Lawton W. Fitt as Chairperson. She joined Progressive’s Board in 2009, and has served as Lead Independent Director for the past two years. Fitt is a Retired Partner and Managing Director with Goldman Sachs. As previously announced, Progressive Chairman Glenn Renwick has […]
Wesco Group Acquires United Paint Specialties
The Wesco Group Inc. announced it completed the acquisition of United Paint Specialties, a two paint and body distribution store operation in Western Washington State. “Pat Sherman the President of UPS will join the Wesco Group as an equity partner, and will help us grow as we expand our footprint across the country,” said Roger […]
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