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 […]
Auto Groups Call on President Trump to Consider Auto Repair Facilities Essential Services and Remain Open During Outbreak
The National Automobile Dealers Association (NADA) and the Alliance for Automotive Innovation, that represents vehicle manufacturers, in a letter yesterday, asked President Trump to provide guidance for state and local governments considering closing non-essential businesses or implementing shelter-in-place orders to exempt auto repair, maintenance and sales facilities. The letter stated, “Given the importance of safe […]
Automotive Scholarships Application Deadline Extended to April 30
The University of the Aftermarket Foundation (UAF) has extended the deadline to apply for automotive scholarships at its Automotive Aftermarket Scholarship Central website to April 30, 2020. “Because schools and colleges throughout the country have closed due to increasing concerns over the COVID-19 coronavirus pandemic, many students are unable to get access to their transcripts […]
Additional Event Postponements and Cancellations
ABPA Postpones Spring Convention Until September The Automotive Body Parts Association (ABPA) announced it will be postponing its Spring conference in Newport Beach, Calif until the week of September 21, 2020. ABPA will be remaining at the same hotel (Hyatt Regency Newport Beach) and will provide an updated convention schedule as soon as possible. Visit […]
CCC Publishes Crash Course 2020 Trends Report
25th Anniversary edition examines future of transportation and its impact on collision repair and claims. CCC Information Services Inc. (CCC) today released Crash Course 2020, a data-driven report covering the business, consumer, and technology trends shaping the automotive, claims, and collision industries. Crash Course 2020 marks the 25th anniversary of the industry-leading report, which this […]
Boyd Group Acquires Collision Repair Center in Wisconsin
The Boyd Group Inc. announced the acquisition of a collision repair center in Waukesha, Wisc. The new Gerber Collision & Glass location previously operated as Nagel Auto Body, providing service since 1986. Waukesha is the county seat of Waukesha County and home to Carroll University, Wisconsin’s first four-year institution of higher learning. Waukesha is located […]
Colours, Inc. Named PPG Automotive Refinish Platinum Distributor of the Year
PPG (NYSE:PPG) has named Colours, Inc., its automotive refinish 2019 Platinum Distributor of the Year. The annual award honors the distributor that demonstrates outstanding performance, loyalty, product knowledge, and customer service and support. John Parran, PPG director, Platinum Distributor program, U.S. and Canada, recently presented the award to Colours at the annual PPG Platinum Distributor […]
Collision Repair Associations Announce Event Cancellations
ASA Training, Business Event Postponed Noting the seriousness of the Coronavirus, the Automotive Service Association (ASA) Board of Directors decided Friday to postpone the association’s joint CARS (Congress of Automotive Repair & Service), TTF (Technology & Telematics Forum) and annual business meeting until late August or early September. The board made the decision after some […]
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