Tech undefinedMore from Tech undefinedCollision RepairEnerSys Reports Second Quarter Fiscal 2025 ResultsDelivers Gross Margin of 28.5%, up 190 Basis Points From Prior Year Second Quarter Fiscal 2025 Highlights (All comparisons against the second quarter of fiscal year 2024 unless otherwise noted) Delivered net sales of $884M, down 2%, with strength in Motive Power offset by continued pressure in Communications and Class 8 Transportation Energy Systems improving […]November 6, 2024HomeReady for AnythingNOV. 20 @ 2 P.M. ET Ready for Anything Catastrophe preparedness in the collision repair industry with Blair Earle, Managing Director at IAA Canada REGISTER NOW Join us for an engaging webinar tailored for professionals in the collision repair and claims markets! Discover how recent disasters, like Alberta’s summer hailstorm that resulted in $2.8 billion […]November 5, 2024Collision RepairKimball Electronics Reports Q1 Results and Confirms Guidance for Fiscal Year 2025, Company Continues to Sharpen Its Strategic Focus With Closure of Its Manufacturing Facility in Tampa, FLFirst Quarter Fiscal 2025 Highlights Net sales totaled $374.3 million Operating income of $9.1 million, or 2.4% of net sales, adjusted operating income of 3.4% Cash generated by operating activities of $45.5 million, borrowings on credit facilities reduced to 2-year low Company continues to sharpen its strategic focus by completing the divestiture of the Automation, […]November 4, 2024Collision RepairSTRATTEC SECURITY CORPORATION Reports Fiscal 2025 First Quarter Financial ResultsGenerated cash from operations of $11.3 million Reduced pre-production costs, primarily customer tooling, by $6.9 million Grew revenue 2.7% year-over-year, reflecting ongoing pricing benefit and higher overall sales Achieved gross margin of 13.6% versus 13.8% in prior-year period (which included a 470 bps net benefit of one-time pricing) Rethinking product portfolio and identifying opportunities to […]November 4, 2024Collision RepairFaraday Future’s FX Brand Continues Its Ramp Up as It Kicks Off Hiring for Key PositionsLOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has begun hiring for key positions for its second brand, Faraday X (FX), as it furthers its plans to realize its goal of launching its initial products […]October 27, 2024ADASHunter Ultimate ADAS®Hunter Engineering CompanyOctober 17, 2024Auto InsuranceINSURANCE NEWSPHONE IT IN Accident Support Services International (ASSI) has launched “Start from Home,” an online service to allow drivers that have been in a collision to begin their own collision reports online, from home. The service can be accessed through reportacollision.com, and specifically allows drivers whose collision meets the threshold to report the event at […]October 6, 2024HomeSEMA 2024 SurveySeptember 27, 2024Collision RepairMister Car Wash Expands in MichiganNational Car Wash Brand Enhances Presence in the Great Lakes State, Offers Free Car Wash Weekend TUCSON, Ariz.–(BUSINESS WIRE)– To celebrate this exciting milestone, Mister will host a free wash weekend from August 23-25, inviting the Monroe community to experience its top-tier car care services at no cost. Attendees can enjoy a complimentary Titanium Wash, […]August 23, 2024Collision RepairAsbury Automotive Denies Unfounded FTC Allegations, Vows a Vigorous DefenseDULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group (NYSE: ABG) today rejected false and unfounded allegations by the Federal Trade Commission (FTC) that three of its dealerships in the Dallas-Ft. Worth area sold protection products to customers that the customers did not agree to buy and that the dealerships discriminated against minorities in the sale of these products. […]August 16, 2024Previous PagePage 4 of 1360Next Page
