CARSTAR announced a company-wide leadership realignment and promotions as it plans for growth. Following a record year of performance, CARSTAR has plans to accelerate its growth as it enters its 30th year of business. Understanding that performance drives growth, CARSTAR is aligning the EDGE operational platform and insurance sales efforts under one strategic direction, better positioning […]
Collision Repair Education Foundation Student Scholarship Deadline February 14
The Collision Repair Education Foundation issued a reminder that its 2019 grant and scholarship application period will close next Thursday, February 14. The application period is open for high school and post-secondary collision students who will be attending career and technical schools and colleges in the fall. Application information for CREF grants and scholarships is […]
Universal Technical Institute Reports Fiscal Q1 2019 Revenue Up 2.3%
New student starts up 14.8 percent. Universal Technical Institute, Inc. (NYSE: UTI), reported financial results for the fiscal 2019 first quarter ended December 31, 2018. Revenues increased 2.3 percent to $83.1 million, compared to $81.2 million for the prior year period. An additional earning day and higher average tuition with virtually flat average students led […]
Axalta Opens New Warehouse, Service Center, and Customer Training Facility In Sydney, Australia
Axalta (NYSE:AXTA) officially opened its new Australia and New Zealand regional multi-functional facility. This new 5,300 square meter facility will enable higher quality and faster service for customers throughout the region, greater access to Axalta’s broad selection of advanced coating technologies and products, and more efficient supply chain solutions for customers. “This new facility is […]
Caliber and Abra Merger Closes
Combined company operates more than 1,000 collision repair centers in 37 States and District of Columbia. Caliber Collision Centers and Abra Auto Body Repair of America today announced the closing of their merger that was announced in December. “Caliber and Abra have very similar leadership philosophies and cultures. Combining these two world-class organizations will allow […]
Caliber Affiliate Opens First of 11 Planned Automotive Repair Locations in Texas
Service First Automotive Centers, a Caliber Collision Company, announced the opening of a new location in McKinney, Texas, the first of 11 service centers as part of the company’s expansion plans in 2019. The automotive repair and lube company’s McKinney location joins seven existing centers in Houston. The 10,000 sq. ft. center at 2830 Virginia […]
Copart Opens Location in North Charleston, South Carolina
Copart, Inc. (NASDAQ:CPRT) announced the opening of its North Charleston location at 120 Commerce Avenue, in Harleyville, S.C. “We are thrilled to open a new location in South Carolina following the success of our Spartanburg location,” said Jay Adair, CEO of Copart. “This brand new, 53-acre, state of the art facility is located close to […]
Mark Lindner Named Chief Revenue Officer at PartsTrader
PartsTrader announced the appointment of Mark Lindner as Chief Revenue Officer, a new role within the company. Prior to joining PartsTrader, Mark was Chief Revenue Officer at Estify, Inc. In this new role, Mark will spearhead the company’s strategic sales and marketing growth initiatives that deliver compelling results for insurance carriers. “Mark is a seasoned […]
Lexus Partners with Travelers to Include Auto Insurance in Lease Program
Lexus today announced a complete lease program that offers single monthly payment that includes insurance, scheduled maintenance and other services. Lexus has chosen Travelers for the Lexus Complete Lease. The auto insurance policy from Travelers includes auto liability and physical damage coverage with a $500 deductible. The program is currently available on any Lexus UX […]
Consumer Sentiment Declines in January on Government Shutdown Concerns
Outlook on overall economy declines. Experts say crisis effect on sentiment typically short lived. Consumer sentiment fell in January to its lowest level since Donald Trump was elected, according to the latest University of Michigan Surveys of Consumers. The Consumer Sentiment Index was 91.2 in the January 2019 survey, down from 98.3 in December and […]
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