Romans Ranks: Romans Group LLC unveils annual repairer ranking; says consolidators continue ‘aggressive’ growth
Toronto, Ontario — The 16th annual Romans Group whitepaper, A 2021 Profile of the Evolving U.S. and Canada Collision Repair marketplace, is now available. The annual report details the general health of the collision repair marketplace, including a ranking of top franchisors, networks/banners and independent repair groups. With all Canadian repair organizations considered, franchisors make […]
Pleading for Parity: Boyd Group CEO says ‘industry needs to raise the bar on compensation for skilled labour’
Toronto, Ontario — If you haven’t heard it enough yet, Tim O’Day from Boyd Group is here to say it again; the industry needs to do much better about compensating technicians if it wants to keep its collision centres staffed. “It’s still a very, very tight, competitive labour market so even as we’re receiving price […]
A Date with Dad: Boyd Autobody & Glass Father’s Day Charity Car Show raises $61,000 for Child Advocacy Centre
Kelowna, British Columbia – The Boyd Autobody & Glass Father’s Day Charity Car Show took place last weekend, bringing car enthusiasts together for some rainy-day family festivities. The event returned after a two-year hiatus with a goal to raise funds for charities in the Okanagan region. Attendees powered through the rain with umbrellas out, strolling […]
Boyd Group Bounce Back: Company reports Q1 2022 financial results, cites client price increases, wage pressure
Winnipeg, Manitoba — The Boyd Group reported its Q1 2022 financial results Wednesday, confirming that the company saw “some modest recovery of demand for services in Canada,” as COVID-19 restrictions were lifted across the nation. Sales increased by 32 percent to US$556.8 million for Boyd’s U.S. and Canadian operations, up from US$421.6 million in the […]
New Des-ignation: Boyd Group names Des Browne v-p of sales and business development
Winnipeg, Manitoba — The Boyd Group announced some movement of staff on Friday, announcing that Des Browne has been promoted to the role of v-p of sales and business development, Canadian operations. Browne got his start on the insurance side of the automotive industry with Canada Life Casualty in the mid-90s before moving on to […]
Tuesday Ticker: March 22, 2022
Toronto, Ontario — In this weekly Tuesday Ticker report, Canada’s third-largest auto parts manufacturer preps to prove its battery-making power; LKQ Corp. enters plans to sell its aftermarket glass division and Boyd Group Services announces its Q1 2022 cash dividend. Proving the power Martinrea International said it will begin proving out its battery technology and […]
Done Deal: Boyd Group Services completes CEO succession plan
Winnipeg, Manitoba — On Jan. 4, Boyd Group Services announced it had completed its CEO Succession Plan that was first announced in August 2019. Effective Jan. 2, 2020, former Boyd Group president and CEO Brock Bulbuck moved into an executive chair role, with Tim O’Day succeeding Bulbuck as president and CEO. Bulbuck remained in the […]
Growth Nonetheless: Boyd Group announces Q3 results, demand slowly growing in Canada
Winnipeg, Manitoba — The Boyd Group announced its third-quarter results yesterday, revealing both good and bad news for the North American collision repair scene. Overall, Boyd Group sales increased 28.4 percent from the same period of 2020, including same-store increases of 10.7 percent. Gross profit increased by 19.6 percent compared to the third quarter of […]
Tuesday Ticker: September 21, 2021
Toronto, Ontario — This week, the Toronto Stock Exchange (TSX) names AutoCanada to a top performers list, analysts predict record delivery numbers for Tesla in both 2021 and 2022, while Boyd Group Services announces its Q3 cash dividend. AutoCanada on top Edmonton, Alberta-based dealership group AutoCanada has been featured on the TSX30 List, which “highlights […]
Tuesday Ticker: August 17, 2021
Toronto, Ontario —Uber faces a new Ontario class action suit, Boyd reports 44.4 percent higher sales numbers for Q2 2021 and ABCD—all in this week’s edition of the Collision Repair mag Tuesday Ticker. Uber caught in class action Ontario’s Superior Court of Justice has certified a class-action lawsuit against Uber, which furthers a fight for […]
