IAA, Inc. (NYSE: IAA) announced its financial results for the fourth quarter and full year fiscal 2022, which ended January 1, 2023. Consolidated revenues decreased 4.5% to $523.5 million from $548.1 million in the fourth quarter of fiscal 2021. Excluding the impact of the 53rd week from the fourth quarter of fiscal 2021, consolidated revenues […]
AASP-MN Race for Automotive Education Raises Over $14,000 for Student Scholarships
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) held its 21st Annual Race for Automotive Education, January 23-26, at ProKart Indoor Racing in Burnsville. The event raised over $14,000 to support the Alliance’s Automotive Education Fund and will fund scholarships for automotive students enrolled in ASE Accredited auto service and collision repair programs in […]
ABPA Urges Members to Ask Their U.S. Representatives to Support the REPAIR Act
The Automotive Body Parts Association (ABPA) is urging its member to contact legislators to support the Right to Equitable and Professional Auto Industry Repair (REPAIR) Act, H.R. 906, that was reintroduced in the U.S. House of Representatives. According to the association, as vehicle technology becomes even more complex, vehicle manufacturers are creating new barriers that […]
Driven Brands Reports Record Revenue and Profitability in 2022
Revenue increased 39 percent powered by 14 percent same-store sales growth and 9 percent net store growth. Driven Brands Holdings Inc. (NASDAQ:DRVN) today reported 2022 revenue of $2.0 billion, up 39 percent versus the prior year. System-wide sales were $5.6 billion, up 24 percent versus the prior year with 14 percent same-store sales growth and […]
Right to Repair Will Appear on Maine Ballot in November as Secretary of State Certifies Signatures
Maine’s Secretary of State’s office certified that the Maine Right To Repair Coalition has gathered the necessary number of voter signatures qualifying the initiative to be on the ballot this November. The group of Maine independent repair shop owners, employees, and right to repair supporters submitted more than 70,000 voter signatures to the Secretary of […]
OnStar and RapidDeploy Partner to Enhance the Incident Response Experience
GM’s OnStar Emergency Advisors are now using RapidDeploy Radius Mapping technology to help improve incident response outcomes, which can benefit both OnStar members and emergency responders. When OnStar Emergency Advisors are notified of car crashes, stolen vehicles, button presses from inside the vehicle, or calls from OnStar members, they will now have a supplemental, map-based […]
Registration Open for May 21-25 Auto Care Connect
The Auto Care Association announced the opening of registration for the 2023 Auto Care Connect event set to take place May 21 -25, 2023 in Orlando, Fla. at the Hyatt Regency Orlando. The Connect event is comprised of the association’s Spring Leadership Days, ACPN Knowledge Exchange, PBES Annual Conference and YANG Leadership Conference. Auto Care […]
AASP/NJ Invites Technicians to Show Off Their Skills at Bodywork Bowl Collision Repair Skills Competition
Inaugural event takes place during March 17-19 Northeast trade show. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) is inviting all collision repair professionals to showcase their skills at the inaugural Bodywork Bowl Collision Repair Skills Competition taking place on the trade show floor at the NORTHEAST 2023 Automotive Services Show. The association’s […]
Uni-Select Inc. Reports 2022 Sales Up 7.4%
Uni-Select Inc. (TSE:UNS) reported consolidated sales of $1,731.4 million in 2022, up $118.6 million or 7.4% compared to 2021. Sales increased by 11.7% excluding the impact of unfavorable fluctuation of the British pound and the Canadian dollar against the US dollar. The company reported organic growth of 10.7% with all three segments reporting positive organic […]
CCC Reports Use of Advanced AI for Claims Processing Grew 60% in 2022
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today announced an update to its insurer AI adoption report, which for the third straight year shows significant growth in the adoption of AI in auto claims. The company reports the application of advanced computer vision AI for claims processing increased 60% year-over-year. The company also reports that more than […]
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