SBA: PPP COVID-19 relief for small businesses resumes Jan. 11

The Small Business Administration on Friday announced it would reopen the Paycheck Protection Program on Monday. The first few days will be dedicated to borrowers who use community financial institutions, but the SBA said the [...]

2021-01-08T14:53:58-05:00January 8th, 2021|RDN News Feed|

SCRS launches video tip series with Collision Advice’s Anderson, DEG’s Gredinberg

The Society of Collision Repair Specialists on Thursday released the first in what it called a new weekly video tip series for auto body shops. The videos pair Collision Advice CEO Mike Anderson with Database [...]

2021-01-07T15:23:28-05:00January 7th, 2021|RDN News Feed|

‘No-poaching,’ leveraging big data: More from Driven Brands, Kroll financial docs

A Driven Brands prospectus and Kroll Bond Rating Agency new issue report last month offer collision repairers a look at the activities of one of the collision industry’s biggest names. The big news from the [...]

2021-01-07T07:23:27-05:00January 7th, 2021|RDN News Feed|

PE, real estate, collision repair figures recall biz glitches at MSO Symposium

2020 MSO Symposium panels last fall offered collision repairers insight on the business-centric topics of private equity and auto body shop real estate management. But the sessions also asked the panelists about business plans that [...]

2021-01-06T15:39:21-05:00January 6th, 2021|RDN News Feed|

IHS Markit: SUVs, crossovers likely reached 50% market share; trucks probably hit 20%

A slew of OEM sales tallies released this week suggests that 2020 marked the year crossovers and SUVs together commanded a 50 percent share of Americans’ auto buying, according to an IHS Markit analyst. IHS [...]

2021-01-06T07:08:45-05:00January 6th, 2021|RDN News Feed|

ABAT ‘excited’ to support DEG as Gold sponsor, says trustees use free industry resource

The Database Enhancement Gateway on Tuesday recognized the Auto Body Association of Texas as its latest Gold sponsor. “ABAT is excited to be a Gold Sponsor of the DEG,” ABAT Chairman Burl Richards (Burl’s Collision [...]

2021-01-05T17:23:36-05:00January 5th, 2021|RDN News Feed|

Tech VP, repairer: AI may jeopardize auto body shops’ storage revenue stream

If your auto body shop’s business model hinges on racking up storage fees on total losses, you might wish to reconsider, a collision industry expert and a telematics provider recently suggested. Technology allowing insurers to [...]

2021-01-05T15:24:54-05:00January 5th, 2021|RDN News Feed|

‘Who Pays?’: 39% of body shops itemize diagnostic research separately than scans

Nearly 40 percent of collision repairers itemize time spent researching diagnostic trouble codes rather than bundling this labor in their scanning time, according to the latest “Who Pays for What?” survey. The October 2020 poll [...]

2021-01-05T07:08:32-05:00January 5th, 2021|RDN News Feed|
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