Same-store sales up over 25%. Boyd Group Services Inc. (TSE:BYD) today announced sales for its first quarter ended March 31 increased by 28.4% to $714.9 million from $556.8 million in the in the first quarter of 2022. The growth included same-store sales increases of 25.2%. The first quarter of 2023 recognized the same number of […]
CARSTAR Adds Two New Collision Repair Centers in New Jersey
CARSTAR announced the opening of two CARSTAR locations, CARSTAR Proline Auto Body of Pinebrook and CARSTAR Proline Body & Chassis, both located in New Jersey. Todd Fontana, owner of CARSTAR Proline Auto Body of Pinebrook and CARSTAR Proline Body & Chassis, has decades of experience in the automotive repair industry and is the owner of […]
Universal Technical Institute Reports Revenue of $163.8 Million in Fiscal Second Quarter
Universal Technical Institute, Inc. (NYSE:UTI) reported revenue was $163.8 million with UTI increasing 5.4% versus the prior year period with Concorde Career Colleges, that it acquired last year, contributing $56.3 million for its fiscal 2023 second quarter ended March 31. Net income was $3.5 million, adjusted net income of $6.3 million, and adjusted earnings before […]
LKQ Senior Vice President of Human Resources Dombrowski Honored with Diversity Award
LKQ Corporation announced that Genevieve L. Dombrowski, Senior Vice President of Human Resources, was recently honored at MOVES Magazine Annual Diversity Awards Event. Ms. Dombrowski was recognized for her outstanding work in the Diversity, Equity, and Inclusion (DEI) space, which has positively impacted LKQ employees and the broader community. Ms. Dombrowski was joined by other […]
CCC and Verisk Form Strategic Partnership
Initial collaboration will work to prevent auto insurance fraud. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) and Verisk Analytics, Inc. (NASDAQ:VRSK) announced today a strategic partnership that will leverage the two providers’ technologies to bring new innovations to P&C insurance claims. CCC provides a cloud platform for the P&C insurance economy and Verisk is a global data […]
Celette Acquires Wedge Clamp Systems
Celette Inc. announced the acquisition of Wedge Clamp Systems Inc., a company based in Canada that specializes in floor systems for automotive, light trucks and bus collision repair. For 70 years, Celette has been delivering productive and innovative body repair equipment to the automotive industry. Wedge Clamp Systems has delivered a variety of innovative products […]
Registration Open for 2023 SEMA Show
Registration for the 2023 SEMA Show is now open online. Featuring thousands of exhibitors and brands, the October 31-November 3 event at the Las Vegas Convention Center will showcase the hottest products in, and tools for, automotive customization. Businesses that sell or distribute automotive parts will find special Show deals, make quality connections with manufacturers, […]
AASP-MN Awards $20,000 in Scholarships to Automotive Service and Collision Repair Students
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced it has awarded twenty-two scholarships totaling $20,000 to help automotive service and collision repair students pay for tuition or tools during the 2023-24 school year. The scholarships are in the amounts of $500 – $1,500 and are made possible by the generous donation from the […]
ASE Education Foundation Seeking Outstanding Instructor for the 2023 Byrl Shoemaker Award
Nominations are now being accepted for the 2023 Bryl Shoemaker/ASE Education Foundation Instructor of the Year. The award recognizes a high school or college instructor from an ASE accredited automotive, diesel/truck or collision repair program who demonstrates excellence through their personal dedication and commitment to the young men and women who have chosen to pursue […]
Toyota Auto Insurance Launches in California
Entry into the largest auto insurance market in the U.S. marks the ninth state where vehicle manufacturer’s insurance product is available. Toyota Auto Insurance, the vehicle manufacturer’s branded insurance product, is now available to customers residing in California. Introduced to select markets in 2021, Toyota Auto Insurance offers customers quality, customizable coverage at affordable rates. […]
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