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Boyd Group Reports 2020 Sales Down 8.5% on Pandemic Impact

March 24, 2021 By CollisionWeek Editor

Boyd 2020 Earnings Table

Same store sales were down 15.6%, worse in Canada due to slower reopening. Boyd Group Services Inc. (TSE: BYD.TO) today reported its 2020 sales decreased by 8.5% to CA$2.1 billion ($1.66 billion) from CA$2.3 billion ($1.81 billion) in 2019. According to the company, same-store sales decreased by 15.6%, with Canada having a greater negative impact […]

Filed Under: News Tagged With: Boyd Group, Earnings

asTech Acquires Red EU and Red Autocentres

March 24, 2021 By CollisionWeek Editor

Repairify, Inc., the parent of asTech announced today the acquisition of UK-based Red (EU) Limited and Red Autocentres. Red (EU) Limited is a distributor of aftermarket electronic devices designed to run diagnostic tests and calibration services on automotive electrical systems, specifically advanced driver-assistance systems (ADAS).  Red Autocentres is a provider of automotive diagnostics, calibration and […]

Filed Under: News Tagged With: Acquisitions, asTech, Repairify

TechForce Introduces the Peer Network to Advance Careers of Future and Working Transportation Technicians

March 24, 2021 By CollisionWeek Editor

The TechForce Foundation has introduced a free online platform dedicated to launching and advancing the careers of next generation technicians. As the provider of more than $1.5 million in scholarships annual for post-secondary technician training, TechForce has been dedicated to solving the transportation technician shortage by helping students to and through careers as transportation techs […]

Filed Under: News Tagged With: TechForce Foundation, Workforce Development

KPA and Automotive Lift Institute Renew Compliance Training Initiative

March 24, 2021 By CollisionWeek Editor

KPA and the Automotive Lift Institute (ALI) announced their continued compliance training partnership. To help protect auto service technicians at car dealerships, ALI’s Lifting It Right online lift safety training course remains conveniently housed and facilitated within KPA’s Environmental Health and Safety (EHS) software platform, Vera Suite. “The national safety standard for lift operation, inspection […]

Filed Under: News Tagged With: Agreements Signed, Automotive LIft Institute, KPA

U.S. Pedestrian Death Rate in 2020 on Pace for Record High Despite Significant Drop in Driving

March 24, 2021 By CollisionWeek Editor

A new report from the Governors Highway Safety Association (GHSA) projects that the U.S. pedestrian fatality rate rose 20% in the first six months of 2020 as speeding, distracted and impaired driving, and other dangerous driving behaviors increased during the COVID-19 pandemic. GHSA’s annual Spotlight on Highway Safety offers the first comprehensive look at state […]

Filed Under: News Tagged With: Governors Highway Safety Association, Pedestrian Safety, Traffic Fatalities

The Hartford Board Rejects Chubb Acquisition Proposal

March 23, 2021 By CollisionWeek Editor

The Hartford (NYSE:HIG) today announced that its board of directors, after consultation with its financial and legal advisors, has unanimously rejected Chubb Limited’s March 11, unsolicited proposal to acquire The Hartford and determined that entering into discussions regarding a strategic transaction would not be in the best interests of the company and its shareholders. The […]

Filed Under: News Tagged With: Acquisitions, Chubb Limited, The Hartford

IAA Relocates Fort Myers Branch

March 23, 2021 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced the relocation of its Fort Myers, Florida branch. One of 11 IAA branch facilities in the state, the new location includes increased capacity and innovation to support the large Florida market, an area which typically experiences frequent catastrophic weather events. “We continuously strive to make improvements that provide the best […]

Filed Under: News Tagged With: Florida, Insurance Auto Auctions, Openings

Collision Repair Education Foundation Partners with Author to Support Female Students

March 23, 2021 By CollisionWeek Editor

Rachael Alfonso

In recognition of Women’s History Month, author Rachael Alfonso has partnered with the Collision Repair Education Foundation (CREF) to raise funds in support of female collision repair students. When industry supporters purchase a copy of Alfonso’s new book, “What Cars Say,” through the dedicated link, 15% of the sale will be donated to a fund […]

Filed Under: News Tagged With: Collision Repair Education Foundation

AASP/NJ Members Learn Department of Insurance Do’s and Dont’s

March 23, 2021 By CollisionWeek Editor

Members of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) recently gathered for “Understanding the Role of the Division of Insurance,” an association-hosted virtual event that welcomed industry attorney Patrick J. McGuire, Esq. for a discussion on the do’s and don’ts of successfully submitting complaints and inquiries to the New Jersey Department of […]

Filed Under: News Tagged With: AASP/NJ, Department of Insurance, New Jersey

One in Eight Drivers Uninsured in the U.S.

March 22, 2021 By CollisionWeek Editor

Uninsured Motors 2019

Insurance Research Council reports uninsured rate varies from a low of 3% in New Jersey to a high of 29% in Mississippi. One in eight drivers on the road in 2019 was driving without insurance, according to a new report from the Insurance Research Council (IRC). In 2019, the estimated countrywide uninsured motorist rate was […]

Filed Under: News Tagged With: Insurance Research Council, Uninsured Motorists

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