Eight of 10 components improved in monthly NFIB study. The small business half of the economy continued its remarkable economic streak, posting a 0.6 point gain in the October National Federation of Independent Business (NFIB) Optimism Index. The 102.4 reading was buoyed by eight of the 10 Index components advancing, as talk of a recession […]
Uni-Select Reports Third Quarter Sales of $450.8 million
FinishMaster U.S. segment reported sales of $215.7 million. Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, reported consolidated sales of $450.8 million for the third quarter ended September 30, when compared to the same quarter last year, were affected by a foreign currency conversion impact amounting to $6.8 million or 1.5%. Consolidated organic […]
IAA Reports Revenue Up Over 11% in Third Quarter
IAA, Inc. (NYSE:IAA) announced consolidated revenues increased 11.3% to $357.3 million results for the third quarter of fiscal 2019, which ended September 29, up from $321.1 million in the third quarter of fiscal 2018. John Kett, Chief Executive Officer and President, stated, “We are pleased with our third quarter top and bottom line performance. Our […]
National Auto Body Council Receives National Award for its First Responders Emergency Extrication Program
The National Auto Body Council was honored by the American Society of Association Executives (ASAE) with its highest award, the Power of A Summit Award for its First Responders Emergency Extrication (FREE) Program, an initiative to provide first responders with the latest extrication training along with actual hands-on extrication practice working on late model vehicles […]
Boyd Group Reports Revenue Up 23.4% in Third Quarter
Same store sales up 1.7% on days adjusted basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its third quarter sales increased by 23.4% to CA$567.0 million ($428.19 million) from CA$459.6 million ($347.08 million) in 2018, including same-store sales increases of 3.3%. Same store sales increased 1.7% on a days adjusted basis, recognizing one additional […]
BMW North America Chooses CCC for Collision Repair Parts Marketing
CCC Information Services Inc. (CCC) and BMW of North America (BMW) announced that the vehicle manufacturer will use CCC Promote technology to provide dealers with a new marketing solution to price and promote parts to thousands of collision repair facilities while estimates are being written. CCC Promote offers OEMs a way to present promotional pricing […]
LORD Corporation Sales Leads to $1 Billion Donation to Fund Education and Research at Four Institutions
The sale of LORD Corporation, the century-old, privately-held manufacturing company, to Parker-Hannifin has led to the distribution of more than $1 billion to four charitable foundations that support institutions seeking to advance education and research. Cleveland Clinic, Duke University, the Massachusetts Institute of Technology (MIT) and the University of Southern California (USC) will benefit from […]
CARSTAR Celebrates 30th Anniversary By Donating 30 Recycled Rides for Veterans
In its 30th anniversary year, CARSTAR is proud to celebrate the 30 vehicles it has donated to veterans as part of its partnership with the National Auto Body Council Recycled Rides program for veterans. CARSTAR has been a partner of NABC Recycled Rides for veterans since 2012, where insurers, collision repairers, paint suppliers, parts vendors […]
Bill Shaw Receives Collision Industry Foundation Distinguished Service Award
The Collision Industry Foundation (CIF) announced that the first-ever CIF Distinguished Service Award was presented to long-time Board member, Bill Shaw from PPG, at the SEMA Red Carpet awards breakfast on November 6. The award was created to highlight an individual’s exceptional efforts in support of the CIF mission and vision. Shaw joined the CIF […]
LKQ Corporation Announces ADAS Calibration Promise for Collision Repair Parts
Company states warranted parts suitable for vehicles equipped with advanced driver assistance systems. LKQ Corporation announced it is introducing its Promise of Calibration that warrants collision repair parts it sells are suitable for advanced driver assistance systems (ADAS) and will support proper calibration. The Promise of Calibration states: “LKQ Corporation warrants that all recycled OEM, […]
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