FinishMaster US segment had 9.2% organic growth in quarter. Uni-Select Inc. (TSE:UNS) today reported consolidated sales of $409.6 million for the first quarter ended March 31, up $39.5 million or 10.7% from the first quarter of 2021. The sales increase was driven by organic growth of 11.6%, with all three segments reporting positive organic growth, […]
U.S. Light Vehicle Sales Down 17% in April Compared to Last Year
Lean inventories continue to depress new vehicle sales. U.S. Light Vehicle sales in April reached their highest level so far this year, according to LMC Automotive, the automotive forecasting and market intelligence company, that is now part of GlobalData. The 1.26 million units sold represent a 17% year-on-year (YoY) decline, but volumes were up by […]
DCR Systems Signs License Agreement with Mirak Automotive Group
DCR Systems announced that Mirak Automotive Group in Arlington, Mass., is the second company to sign an area development licensing agreement with the company. The agreement provides access to DCR Systems’ full turnkey operating model. “Like many collision repair businesses, Mirak Automotive Group was impacted during the pandemic and hadn’t fully recovered. At the same […]
South Florida Towing Company Owner Pleads Guilty to Tax Evasion
On Friday, Craig Goldstein, 60, of Boca Raton, Florida the owner of a Lauderdale Lakes towing company, pled guilty to three counts of Tax Evasion for underreporting income and failing to pay federal tax on money he received through a Personal Injury Protection (PIP) kickback scheme and other cash-based fraud. The sentencing has been set […]
GM and INRIX Join Forces to Leverage Connected Vehicle Data to Help Achieve Vision Zero Goals for Congestion and Crashes
General Motors (NYSE:GM) and INRIX Inc., the mobility analytics and connected car services provider, announced a collaboration to develop safety solutions to help transportation and planning agencies achieve road safety goals. Available first in the U.S., Safety View by GM Future Roads & INRIX is a cloud-based application that provides transportation officials with critical insights […]
Berkshire Hathaway Reports GEICO Collision Claims Frequency Up 15-16% in First Quarter Compared to Last Year
Reports underwriting loss in quarter as losses and loss adjustment expense were up over 32%. Berkshire Hathaway reported its first quarter 2022 earnings, including details about its GEICO subsidiary, the second largest auto insurer in the U.S. According to the company, GEICO premiums written in the first quarter of 2022 were $10.265 billion, an increase […]
Crash Champions Acquires Collision Repair Centers in California and Idaho
Crash Champions, LLC announced that it has acquired Costelli & Pardini Auto Body, a San Francisco Bay Area collision repair shop located at 2002 Palm Ave in San Mateo, Calif., and Ruben’s Body Shop located at 911 3rd St S in Nampa, Idaho. The acquisition of Costelli & Pardini gives Crash Champions 34 locations across […]
GM Customer Care and Aftersales Celebrates National Skilled Trades Day
In recognition of National Skilled Trades Day, celebrated the first Wednesday in May each year, General Motors Customer Care and Aftersales is thanking the more than 40,000 auto technicians across its dealerships. GM is committed to helping GM dealerships both retain its current skilled auto technicians and recruit future talent through education and opportunities for […]
Scott Kaboos Named OEM Technical Lead at I-CAR
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the addition of Scott Kaboos, a 20-year industry veteran, to the newly created position of Principal, OEM Technical Lead, and will also serve as a collision repair Subject Matter Expert (SME). Kaboos joins I-CAR following several years with American Honda Motor, where he led the development […]
Mike Rowe to Keynote at Auto Glass Week
Emmy-winning host, best-selling author, executive producer, and trades advocate Mike Rowe will be the keynote speaker at Auto Glass Week 2022 at the Henry B. González Convention Center in San Antonio, Texas on September 15. Rowe is one of the nation’s most respected leaders of championing vocations through series such as Dirty Jobs and Somebody’s […]
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