Maaco Collision Repair and Auto Painting opened its 2019 Maaco Convention with a positive outlook about the 47-year-old brand’s role as the leader and only national brand in the paint and light collision segment and opportunities for the year ahead. “The theme of the 2019 Maaco Convention is Breakthrough and that’s what we are ready […]
Automotive Body Parts Association Announces Annual Meeting April 28-May 1
The 2020 Annual Meeting & Trade show of the Automotive Body Parts Association (ABPA) will be held April 28-May 1, at the Hyatt Regency Newport Beach located in Newport Beach, Calif. The event is a gathering of aftermarket parts manufacturers, distributors, insurance industry executives, and collision repair companies. In addition to the ABPA’s organizational business […]
Howard Bruss Named Chief Information Officer at Safelite Group
Safelite Group, parent company to Safelite AutoGlass, the nation’s largest provider of vehicle glass repair, replacement, and recalibration services, and Safelite Solutions, the nation’s leading fleet and insurance claims management service partner, announced Howard Bruss as the company’s Senior Vice President and Chief Information Officer. “We recognize the continued importance of technology and its integral […]
Small Business Optimism Index Increased in October
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 […]
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