Same store sales up over 34%. Boyd Group Services Inc. (TSE:BYD.TO) today announced sales increased by 44.4% to $444.6 million in the second quarter ended June 30 from $308.0 million in the same period of 2020. Same-store sales increased 34.5%, recognizing the same number of selling and production days in the U.S. and Canada in […]
Classic Collision Acquires Two Collision Repair Centers in California
Classic Collision, LLC announced the acquisition of two Prestigious Auto Body & Painting locations in California. Classic Collision now operates a total of 102 repair centers in Alabama, Alaska, California, Florida, Georgia, Oregon, South Carolina, and Washington. Prestigious Auto Body & Painting has been in business in the Santa Barbara market for over 30 years. […]
National Oak Distributors Acquires PBE Jobbers Warehouse
Prairie Capital Advisors, Inc. announced its client PBE Jobbers Warehouse, Inc. has been acquired by National Oak Distributors, Inc. Prairie acted as exclusive financial advisor in this transaction to PBE Jobbers and its shareholders and was led by Tim Witt and Anthony Dolan of Prairie. Terms of the transaction were not disclosed. Founded in 1976 […]
Toyota Partners with CCC on Mobile Collision Assistance Service
Post-collision guidance feature helps Toyota and Lexus drivers file claim, find collision repair shop, through smartphone app. Toyota and Lexus drivers now have a new assistance service available to them in the moments following a collision. Collision Assistance, a just-in-time support service, is now available to drivers within the Toyota and Lexus mobile app. The […]
PartsTrader Hosts Q3 Virtual Collision Repair Industry Update September 2
PartsTrader announced it will host a virtual collision repair industry update event on September 2 at 1 p.m. (EDT). The free, live, interactive event offers a way for industry professionals to get vital information about current trends affecting their business. “I look forward to showing the latest trends on parts supply; on a part type […]
Equipment and Tool Institute, Automotive Aftermarket Suppliers Association, and Auto Care Association Announce Unified Position on Automotive Scan Tools
Organizations reinforce that mechanical and collision repair shops will be best served to have both OEM and multi-brand tool accessibility. In a position statement to the automotive aftermarket industry, the Equipment and Tool Institute (ETI), Automotive Aftermarket Suppliers Association (AASA), and Auto Care Association have taken a unified position on multi-brand scan tools in the […]
MAPFRE and AAA Washington Form Jointly Owned Insurance Company
New company will serve auto and homeowners insurance customers in Washington State and North Idaho. MAPFRE Insurance and AAA Washington today announced an agreement to form a jointly owned insurance company to write automobile and homeowners insurance in Washington and North Idaho. The joint venture, which is subject to regulatory approval, will be known as the […]
SCRS Opposes Legislation to Limit Length of OEM Design Patents on Collision Repair Parts
The Society of Collision Repair Specialists (SCRS) announced it objects to the Save Money on Auto Repair Transportation (SMART) Act that was introduced in June seeking to limit vehicle manufacturer design patents for collision repair parts. According to a press release, “The small businesses we represent want to perform safe and proper repairs, that allow […]
Fix Auto Canada Adds Collision Repair Center to Network in Calgary
Fix Auto Calgary Centre, a 10,800 sq. ft. collision repair center, in Calgary, Albert, is the latest location to join Fix Network’s footprint across Canada, with the shop offering collision repair services in one of the busiest neighborhoods of downtown Calgary. Owner Gurveer Randev believes that the aftermarket industry has always been a part of […]
U.S. Job Openings Exceeded 10 Million in June
In another sign of a strong economic recovery, the number of job openings increased to a record high of 10.1 million on the last business day of June, up 590,000 from May according to the U.S. Bureau of Labor Statistics. Hires in June rose to 6.7 million and total separations edged up to 5.6 million. […]
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