Copart Reports Second Quarter Fiscal 2020 Financial Results
DALLAS–(BUSINESS WIRE)–#CopartEarnings–Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2020. For the three months ended January 31, 2020, revenue, gross profit, and net income were $575.1 million, $259.9 million, and $168.7 million, respectively. These represent an increase in revenue of $90.2 million, or 18.6%; an increase in gross profit […]
Allison Transmission Announces Fourth Quarter and Full Year 2019 Results
Fourth Quarter 2019: Net Sales $617 million, Net Income $107 million, Adjusted EBITDA $216 million, Net Cash Provided by Operating Activities $202 million, Adjusted Free Cash Flow $121 million Full Year 2019: Net Sales $2,698 million, Net Income $604 million, Adjusted EBITDA $1,083 million, Net Cash Provided by Operating Activities $847 million, Adjusted Free Cash […]
REV Group to Release First Quarter 2020 Earnings on Wednesday, March 4, 2020
MILWAUKEE–(BUSINESS WIRE)–REV Group (NYSE: REVG), today announced that it is planning to release its first quarter 2020 results after the market close on Wednesday, March 4, 2020. The results will be discussed during a live webcast the following morning on March 5, 2020 beginning at 11:00 a.m. ET. To access the webcast, investors should go […]
Mercedes-Benz Unveils AMG-Exclusive Tier for “Mercedes-Benz Collection” Luxury Vehicle Subscription Plan in Atlanta
Service consists entirely of company’s high-performance AMG models ATLANTA–(BUSINESS WIRE)–Mercedes-Benz is expanding its Mercedes-Benz Collection luxury vehicle subscription service to include a brand-new tier consisting exclusively of the company’s AMG high performance models. Currently available only in Atlanta, Ga., the AMG-Exclusive tier provides car enthusiasts with unprecedented access to the top echelon of the Mercedes-AMG […]
EDF Renewables North America Installs Clean Energy Microgrid at its Headquarters
System combines solar, battery storage and electric vehicle charging to generate onsite green energy and reduce demand charges SAN DIEGO–(BUSINESS WIRE)–EDF Renewables North America today announced the operation of its Innovation Drive Microgrid. The system is comprised of a 209 kWp solar carport, 182 kWp solar rooftop, 280 kW (538 kWh) battery storage system and […]
Experienced Technology Executive Mandy Ginsberg, CEO of Match Group, Joins Uber’s Board
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that Mandy Ginsberg, CEO of Match Group, has been appointed to the company’s Board of Directors. “I’m very excited to welcome Mandy to the board,” said Ron Sugar, independent Chairperson of the Board. “Mandy’s deep understanding of consumer trends, her operational expertise, and her global perspective […]
Dismantling Misconceptions: Standard Auto Wreckers’ David Gold talks ‘junkyard’ stigmas on AutoShow LIVE
Toronto, Ontario — Last Sunday, David Gold, president of Standard Auto Wreckers, took to the Canadian International AutoShow stage to set automotive recycling’s record straight, unpacking the ‘junkyard’ stigma surrounding the sector and how Standard Auto Wreckers does its part to combat misconceptions. Alongside interviewer Norris McDonald from the Toronto Star Wheels, Gold said he […]
Exhibitor Excitement: OARA adds new attendees to 2020 Trade Show lineup
Toronto, Ontario — The Ontario Automotive Recyclers Association’s (OARA) 2020 Convention and Trade Show is a little over a month away—and, as the festivities grow closer, the organization has added eight new exhibitors to its Trade Show lineup. Big House Converters, Burlington Business Forms/Burlington Corporate Apparel and Promotional, Edward H. Pope, ELC Dispatch Solutions, Heritage-Crystal […]
Eye-Catching Crashes: Sports cars found to be particularly accident-prone, study finds
Toronto, Ontario — Being too flashy isn’t good for one’s health–or the health of one’s vehicle, a study has found. QuoteWizard, an end-to-end insurance solutions provider, has found that mini-vans and SUVs are the least accident-prone vehicles on the road, while mid-sized sports cars are the most. According to the report, which was produced by […]
Looming Large: Sam Piercey Foundation announces annual bursary recipients
Oakville, Ontario — The Sam Piercey Foundation has announced the recipients of its annual bursaries. The prizes are awarded to the winners of Skills Canada competitions to fund post-secondary training in the collision industry. This year’s awards were funded by Consolidated Dealers and Budd’s Collision. Each of the winners above receives an $800 bursary administered […]