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Driven Brands Acquires Automotive Training Institute

November 21, 2019 By CollisionWeek Editor

Driven Brands confirmed it has acquired the Automotive Training Institute (ATI) the automotive repair and collision industry coaching and consulting company. According to the company’s website it has 31 full time coaches and over 1600 active shop members. According to a Driven Brands statement, “We are excited to add ATI to the Driven Brands family […]

Filed Under: News Tagged With: Acquisitions, Automotive Training Institute, Driven Brands

Copart Reports Revenue Up Over 20% in Fiscal First Quarter

November 21, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal first quarter ended October 31.  For the quarter, revenue was $554.4 million, up 93.1 million or 20.2% over the same period last year. Gross profit was $254.9 million and net income was $218.2 million. These represent an increase in gross profit of $59.0 million, or 30.1%; […]

Filed Under: News Tagged With: Copart, Earnings

General Motors Files RICO Lawsuit Against Fiat Chrysler Over Labor Corruption Impact on Costs

November 21, 2019 By CollisionWeek Editor

Admissions in  Justice Department investigation form basis of complaint. General Motors Co. (NYSE:GM) announced the filing of a federal racketeering lawsuit against FCA (FCA US LLC and Fiat Chrysler Automobiles NV) and former FCA executives who have pled guilty in an ongoing federal corruption probe. The lawsuit exposes a multi-year pattern of corruption that FCA […]

Filed Under: News Tagged With: FCA, General Motors, Lawsuits

Kelly Roberts Joins AirPro Diagnostics Canada

November 21, 2019 By CollisionWeek Editor

AirPro Diagnostics, LLC announced Kelly Roberts has joined its team to help manage distribution and services of its patented, remote scanning, programming and calibrations solution in Ontario, Manitoba and Quebec provinces. “AirPro is excited to have Kelly join our team and represent us in eastern Canada. Kelly is well known and highly respected for his […]

Filed Under: News Tagged With: AirPro Diagnostics, Canada, People

NTSB Says ‘Inadequate Safety Culture’ Contributed to Uber Automated Test Vehicle Crash

November 20, 2019 By CollisionWeek Editor

Safety Board calls for Federal review process for automated vehicle testing on public roads. The National Transportation Safety Board (NTSB) called upon federal regulators Tuesday to create a review process before allowing automated test vehicles to operate on public roads, based upon the agency’s investigation of a fatal collision between an Uber automated test vehicle […]

Filed Under: News Tagged With: Autonomous Vehicles, National Transportation Safety Board, NHTSA, Regulations, Uber

Collision Works Acquires Collision Repair Center in Moore, Oklahoma

November 20, 2019 By CollisionWeek Editor

Collision Works announced it acquired Flair Body Works located at 128 NE 1st St. in Moore, Okla. on Oct. 8. With the acquisition, Collision Works now operates 31 locations across Oklahoma and Kansas.  “We are proud to announce this new location in Moore,” said Barry Hadlock, president of Collision Works. “Our top-notch customer service standards […]

Filed Under: News Tagged With: Acquisitions, Collision Works, Oklahoma

IIHS to Livestream Crash Test Tomorrow

November 20, 2019 By CollisionWeek Editor

IIHS Crash Test Promo

The next in a series of side-impact research crash tests by the Insurance Institute for Highway Safety (IIHS) will be streamed live on Facebook this Thursday, Nov. 21. To watch, visit the IIHS Facebook page at 11:25 a.m. (EST) on Thursday. The test, involving a movable barrier striking the side of a 2018 Toyota Camry, […]

Filed Under: News Tagged With: Crash Testing, Insurance Institute for Highway Safety

AAA, Consumer Reports, J.D. Power and The National Safety Council Adopt Common Naming for Advanced Driver Assistance Technology

November 20, 2019 By CollisionWeek Editor

ADAS Terms

AAA, Consumer Reports, J.D. Power and the National Safety Council have come together to adopt standardized naming for advanced driver assistance technology in an effort to reduce confusion. To help educate consumers on the benefits, limitations and proper use of these technologies, the four organizations are calling on all safety organizations, automakers and journalists covering […]

Filed Under: News Tagged With: AAA, Advanced Driver Assistance Systems, Consumer Reports, J.D. Power, National Safety Council

Coalition Calls for EU Legislators to Ensure Level Playing Field for Remote Access to Vehicle Data

November 20, 2019 By CollisionWeek Editor

Manifesto

Group calls upon EU decision makers to put forward legislation by 2020 ensuring remote access to in-vehicle data and functions. CECRA, the European umbrella organization of national automotive trade associations and European brand dealer councils, announced November 14 that a number of associations in the automotive sector and mobility services operators, insurers, consumers and small […]

Filed Under: News Tagged With: CECRA, Data Access, Europe, legislation, Right to Repair, Telematics

Two Independent Proxy Advisory Firms Support Boyd Group Conversion to Public Corporation

November 19, 2019 By CollisionWeek Editor

The Boyd Group Income Fund (TSE:BYD.UN) announced that Glass Lewis & Co. and Institutional Shareholder Services (ISS) have both recommended that unitholders vote for the Fund’s proposed conversion from an income trust to a public corporation named Boyd Group Services Inc., which will continue the business of The Boyd Group Inc. and its subsidiaries as […]

Filed Under: News Tagged With: Boyd Group

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