Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal fourth quarter and year ended July 31, 2016. For the three months ended July 31, 2016, revenue, gross margin, operating income, and net income were $332.7 million, $141.5 million, $106.2 million, and $84.1 million, respectively. These represent an increase in revenue of $50.4 million, or 17.8 […]
Fix Auto Australia Appoints Terry Feehan to Head Australia Operations
Fix Auto World President and CEO Steve Leal announced the appointment of Terry Feehan as Head of Business for Fix Auto Australia, effective immediately. In his role, Feehan will be responsible of overseeing Fix Auto’s Australian operations, growing the organization’s team, supporting the network and building relationships with suppliers to help establish Fix Auto as […]
Service King Opens 8th Atlanta Collision Repair Center
Service King Collision Repair Centers announced the opening of its eighth Atlanta area location at 11075 Highway 92 in Woodstock, Ga. The facility is 27,000 square-feet. “The Service King family continues to grow and thrive across the Atlanta community,” said Scott Ward, Service King Regional Vice President for the Southeast U.S. “Service King of Woodstock […]
Philadelphia I-CAR Committee Raises $30,000 to Support Collision Repair Education Foundation
Funds will support pre-employment collision education opportunities in southeastern Pennsylvania. On Thursday, September 15, the Greater Philadelphia-area I-CAR committee held its inaugural fundraiser at the Paxon Hollow Country Club, in Media, Pa. to benefit the Collision Repair Education Foundation and local collision repair school programs. Over 100 people participated in the golf tournament, evening banquet and […]
Class Action Status Granted in State Farm RICO Lawsuit
Lawsuit alleging State Farm influenced Illinois Supreme Court Justice granted class action status. A federal racketeering lawsuit involving State Farm and allegations of funneling money into the election of a state judge was granted class-action status on Friday. In 2012, plaintiffs Mark Hale, Todd Shadle and Carly Vickers Morse filed a two-count Racketeer Influenced and […]
Insurance Auto Auctions Introduces Total Loss Assessment Tool
nsurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced its IAA Loss Advisor tool. The tool enables insurance claims staff to quickly generate an early total loss recommendation based on information they provide regarding the post-accident condition of the vehicle combined with the ACV (actual cash value) and IAA salvage […]
Automotive Body Parts Association 2017 Annual Meeting April 25-28 in Atlanta
The Automotive Body Parts Association (ABPA) announced its 2017 Annual Meeting & Convention will be held April 25-28, 2017, in Atlanta, Ga at the Renaissance Atlanta Midtown. The ABPA’s annual event brings together aftermarket parts manufacturers, distributors, insurance industry executives, and collision repair industry leaders. In addition to the ABPA’s organizational business meetings, the event […]
Careers and Technical Education Associations Applaud House Passage of Bill Reauthorizing Perkins Act
Advance CTE and the Association for Career and Technical Education (ACTE) applauded the U.S. House of Representatives’ passage last week of H.R. 5587, the “Strengthening Career and Technical Education for the 21st Century Act.” According to the associations, this legislation would reauthorize and make important updates to the Carl D. Perkins Career and Technical Education […]
NHTSA Announces New Automated Vehicles Policy
The National Highway Traffic Safety Administration today introduced a new Federal Automated Vehicles Policy which the White House said was “…to help facilitate the responsible introduction of automated vehicles to make transportation safer, cleaner, more accessible, and more efficient.” The policy package is composed of four sections: Vehicle performance guidance for manufacturers, developers, and other […]
BASF Expands Distribution in Fort Myers, Florida
BASF distributor, Albert Kemperle, Inc. has expanded its distribution of BASF Automotive Refinish paint brands, Glasurit, R-M and Limco in Florida. The new location in Fort Myers, Florida opened last month. “Kemperle has been a key partner of BASF in the Northeast for more than 30 years,” said Denise Kingstrom, BASF Distribution Director. “What started […]
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