The National Automobile Dealers Association (NADA) on Wednesday announced that President and CEO Peter Welch will be retiring at the end of 2020. Welch, 67, was appointed by the NADA Board of Directors in January 2013 to head the organization. Under his leadership, NADA strengthened its core mission of advocating on behalf of franchised dealers […]
Boyd Group Reports May Sales Continue to be Impacted by Coronavirus
Reports May sales down slightly less than 40% so far. Announces amended credit facility and final first quarter earnings Boyd Group Services Inc. (TSE:BYD) announced its final first quarter financial results and provided updates on its negotiations to amend its credit facility and the continuing impact of the COVID-19 pandemic. The company had released its […]
Auto Recyclers Association Raises Concerns About Changes to Workers Compensation Laws Related to Coronavirus
The Automotive Recyclers Association (ARA) announced it opposes any legislative and executive actions taken by states that create a presumption that an employee working for an essential business who contracts COVID-19 contracted the virus at their place of work. According to the association these types of changes to workers’ compensation laws place an unfair burden […]
Elephant Insurance Extends Work from Home for Remainder of 2020
Elephant Insurance, the U.S. subsidiary of the Admiral Group plc, one of the United Kingdom’s largest insurers, announced plans to allow employees the option of continuing to work remotely until the end of the year. Elephant provides auto insurance policies in Illinois, Indiana, Maryland, Ohio, Tennessee, Texas and Virginia. While Elephant is planning to reopen […]
IAA Launches New Merchandising Platform in the U.S.
IAA, Inc. (NYSE:IAA) announced the introduction of IAA Interact, a comprehensive merchandising platform combining imagery, information and personalization that engages buyers with detailed vehicle information while driving a more competitive bidding environment and higher proceeds for sellers. The platform was designed using extensive e-commerce merchandising research to drive increased online bidding and buying. The platform […]
Fisher Auto Parts Opens New Distribution Center in Kentucky
Fisher Auto Parts announced the purchase and partial construction of a 420,000 sq. ft. automated distribution center in Walton, Ky. The facility is fully operational and will service up to 250 stores from the 26 acre location. Herb Godschalk, president of Fisher Auto Parts said, “We believe in the adage that no matter what our […]
Mitchell Automates OEM Collision Repair Procedures Delivery Based on Scan Results
Mitchell announced a new, seamless integration between its Mitchell Diagnostics scanning system and the OEM repair procedures in Mitchell’s TechAdvisor database. For the first time, collision repair technicians using Mitchell’s scan tools can link directly from the diagnostic trouble code (DTC) on a scan report to the corresponding OEM repair procedures. The new feature is […]
Subara Selects CCC for Collision Repair Parts Marketing
CCC Information Services Inc. (CCC) announced today that it has been selected by Subaru of America, Inc. to provide its retailers with it CCC Promote marketing solution to price and promote parts to thousands of collision repair facilities while estimates are being written. The real-time integration will provide participating Subaru retailers with an efficient new […]
State Farm Venture Capital Arm Looks for Start-Ups to Fund
State Farm Ventures highlighted its search for disruptive technologies that would benefit State Farm Policy holders and has added the ability to pitch ideas at its new website. State Farm Ventures, a wholly owned subsidiary of State Farm, launched in 2018 with a $100 million investment commitment and has already provided funding to nine companies. […]
Automakers and Parts Suppliers Can Resume Production in Michigan Today
Ford announces parts depots resume full operations today, production plants coming online May 18. Good news for collision repair facility operators experiencing parts shortages as Michigan Governor Gretchen Whitmer signed an executive order on May 7 that will allow manufacturing workers, including those at Michigan’s auto companies, to resume work today as part of her […]
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