I-CAR announced several policies in response to the coronavirus crisis. According to the collision industry training provider changes include: Cancellation of all live events and In-Shop Knowledge Assessments effective March 22 – April 5 Extensions for credentialing renewals Reformatting the I-CAR 2020 Conference to digital delivery and open to the entire Inter-Industry I-CAR will continue […]
KPA Releases Free COVID-19 Coronavirus Resources Center for Businesses
KPA released a free COVID-19 Coronavirus Resources Center for employers needing information to help keep their workforce healthy and safe. The Resources Center includes five safety training courses, several webinars, checklists, and the latest updates from KPA’s team of experts in Environmental, Health, and Safety (EHS) and Human Resources. “KPA is committed to helping organizations […]
Federal Law in Response to Coronavirus Expands Paid Sick and Family Leave Eligibility for Employees
The Families First Coronavirus Response Act, H.R. 6201, signed by President Trump on Wednesday in response to the coronavirus crisis, expands requirements for small businesses to provide paid sick and family leave, expands unemployment benefits and offers free coronavirus testing. According to an article in today’s National Law Review, the new law extends and expands […]
ASA Asks Members to Contact Their Governor on Federal Economic Injury Disaster Loan Declaration
Association advocates for its small business owners during coronavirus health crisis. The Automotive Service Association (ASA) has been working in a coalition to assure independent repairers are included in any stimulus package for the coronavirus response governmental agencies during this time. According to the association, the U.S. Small Business Administration (SBA) has said it will […]
Mitsubishi Motors Selects OEConnection for Collision Repair Parts Marketing Program
Mitsubishi Motors North America, Inc. (MMNA) has selected OEConnection LLC (OEC) to support is collision repair parts marketing program. MMNA’s Mitsubishi Ultra Conquest Program will use CollisionLink from OEC starting this month. MMNA is the 26th vehicle manufacturer in North America, and the fifth in the past six months, to implement CollisionLink to enhance their […]
IAA Reports Revenue Up 6.2% in Fourth Quarter and Full Year Fiscal 2019 Financial Results
IAA, Inc. (NYSE: IAA) reported its revenue increased 6.2% to $355.9 million in the fourth quarter of 2019 ended December 29, up from $335.2 million in the fourth quarter of fiscal 2018. Fourth quarter revenue includes $2.4 million of revenue from DDI, which was acquired on July 31, 2019. Foreign currency movements had a negative impact […]
VeriFacts Offers Guidance for Collision Repair Facilities on Coronavirus
VeriFacts Automotive issued recommendations for the collision repair industry and the many people who work in it are faced with new considerations for how they perform their job in the wake of the coronavirus. “As travel options such as flying and public transportation are becoming limited, people are even more dependent on their vehicles for […]
Vehicle Manufacturers Pause Production in North America
Several vehicle manufacturers have announced plans to pause vehicle production across North America in response to the coronavirus outbreak. Below are list of manufacturer announcements on their production plans. Fiat Chrysler Automobiles Fiat Chrysler Automobiles (FCA) announced it would cease production at its plants across North America, starting progressively from March 18 through the end […]
Boyd Group Reports Revenue Up 22.5% in 2019
Same-store sales up 3.3%. Will pause closing new acquisitions during COVID-19 crisis. The Boyd Group Services Inc. (TSE:BYD) today reported 2019 sales of increased by 22.5% to CA$2.3 billion ($1.59 billion) from CA$1.9 billion ($1.32 billion) in 2018, including same-store sales increases of 3.3%. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 24.3% […]
Pacific Elite and Crash Champions Merge
Pacific Elite, the family owned operator of collision repair shops in California, today announced a merger with Crash Champions, LLC, a leading regional collision repair business in the greater Chicago area. The newly combined company (CombineCo) will be the 5th largest independent MSO in the country according to the company, with an established presence in […]
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