At investor meeting, vehicle manufacturer updates 2022 financial guidance and provides performance indicators through 2025. General Motors Co. (NYSE: GM) expects its growing portfolio of electric vehicles will be solidly profitable in 2025 in North America as the company scales electric vehicle (EV) capacity in the region to more than 1 million units annually, ramps […]
Crash Champions Acquires Dealership Collision Repair Center in Kansas City, Missouri
Crash Champions, LLC announced it expanded its footprint in the Kansas City metropolitan area, through the acquisition of Molle Toyota’s collision repair center. As part of the deal, Molle Toyota will maintain full independent ownership and operations of its automotive dealership, while Crash Champions will acquire and assume operations of the collision repair center effective […]
Copart Reports First Quarter Revenue Up Over 10%
Copart, Inc. (NASDAQ:CPRT) reported revenue of $893.4 million for its fiscal first quarter ended October 31, an increase in revenue of $83.2 million, or 10.3%, from the same period last year. Gross profit $369.5 million, down $15.5 million, or 4.0%, and net income was $245.8 million, a decrease of $14.5 million, or 5.6%, from the […]
ASE Now Offers Remote Option for Recertification Testing
The National Institute for Automotive Service Excellence (ASE) has introduced a remote testing option for ASE recertification tests. Through its partnership with Prometric, ASE will now offer the ProProctor remote testing option as a recertification solution. Available for all ASE recertifications tests, excluding L1 and L2 tests, the ProProctor testing option allows those service professionals […]
Ford Partners with CerebrumX on Connected Vehicle Data to Support Usage-Based Insurance in North America
CerebrumX Lab Inc., an AI-driven automotive data services & management platform, announced it will incorporate Ford connected vehicle data to support its data-driven usage-based insurance (UBI) as-a-Service model for Insurers. This model offers a quicker and more cost-effective implementation of UBI programs by using embedded telematics for eligible Ford and Lincoln connected vehicles. Usage-based insurance […]
Crash Champions Acquires Two Collision Repair Centers in Spokane
Company now has 21 locations across Washington State. Crash Champions, LLC announced that it has grown its presence in Eastern Washington through the acquisition of DAA Auto Body Centers in Spokane, Wash. DAA serves customers at two Spokane-area repair centers, located at 3001 E. Palouse Highway and 2607 S. Hayford Road. With the addition of […]
Chilton Auto Body Selects PartsTrader as Preferred Parts Procurement Platform
Chilton Auto Body with 18 collision repair centers in the San Francisco Bay Area and Los Angeles, Calif., announced PartsTrader, the world leader in online collision parts procurement, as their preferred parts procurement platform. “PartsTrader gives us an opportunity to cast a wider net when it comes to optimizing parts purchasing, while at the same […]
Enlyte Releases Annual Trends Report
To help insurance and automotive executives prepare for the coming year, Enlyte has issued its 2022 Enlytened Trends Report. The annual publication delivers insights from subject matter experts at Enlyte, the parent company of Mitchell, Genex and Coventry. In an extensive report covering a wide array of today’s most pressing issues, industry leaders present intelligence […]
Carwise.com Adds Collision Repair Shop Certification Filters
CCC Intelligent Solutions announced that users of its Carwise.com consumer-facing collision repair services website can now view repair facilities with industry or OEM certification credentials, making it easy for consumers to identify repair facilities with specialized experience. Carwise.com features more than 23,000 repair facilities and hosts more than five million unique visitors annually. “Carwise.com is […]
Driven Glass Announces Staff Appointments
U.S. auto glass services welcome Mark Turner, Jackie Landry, Teresa Melnikow and Devin Johnson to team. Driven Glass, home to a portfolio of brands including Jack Morris Auto Glass, Auto Glass Now, and All Star Glass, announced three new leadership appointments. Mark Turner, vice president of operational excellence, Jackie Landry, vice president of sales, Teresa […]
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