Copart Reports Fourth Quarter Fiscal 2020 Financial Results
DALLAS–(BUSINESS WIRE)–#CopartEarnings–Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter and year ended July 31, 2020. For the three months ended July 31, 2020, revenue, gross profit, and net income were $525.7 million, $250.4 million, and $165.5 million, respectively. These represent a decrease in revenue of $16.9 million, or 3.1%; an increase in […]
EnPro Industries Announces Successful Completion of Sale of All Assets Related to the STEMCO Motor Wheel® and Crewson® Businesses
CHARLOTTE, N.C.–(BUSINESS WIRE)–EnPro Industries, Inc. (NYSE: NPO) today announced that it has closed the previously announced sale of all assets related to the STEMCO Motor Wheel® brake drum and Crewson® brake adjuster brands (collectively the “business”), to Hendrickson USA, LLC. EnPro announced the agreement to sell all assets related to the business on August […]
Kandi America Unveils Micro Hub Concept for Dealer Partners
Most affordable electric vehicle brand evolves traditional dealership model GARLAND, Texas–(BUSINESS WIRE)–Kandi America, the U.S. subsidiary of Kandi Technologies Group Inc. (NASDAQ GS: KNDI), an international automotive manufacturer, today announced the creation of a micro hub showroom designed to increase profit margins for dealerships by minimizing overhead costs and streamlining the customer acquisition process. “We’ve […]
Enterprise Holdings Closes Acquisition of Discount Car and Truck Rentals
ST. LOUIS & TORONTO–(BUSINESS WIRE)–Enterprise Holdings Inc., which owns the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, announced today its Canadian subsidiary has closed its acquisition of Discount Car and Truck Rentals, a leading Canadian car and truck rental company serving customers across Canada. All conditions of closing have been satisfied, […]
SAFE Certification Launches Compliance Solution to Help Entities Combat Spread of Viruses, Infectious Diseases and Bacteria
New Tool Aids Broad Range of Businesses, Facilities and Establishments as they Strive to Ensure COVID-19 Public Health, Safety and Compliance; Creates Levels of Accountability and Protection HOUSTON–(BUSINESS WIRE)–#SAFECertifedHousesofWorship—SAFE Certification, creator of the first and only accountability and compliance tool used by businesses, facilities and establishments to help keep employees, guests and the public as […]
Discount Acquired: Enterprise Holdings closes acquisition of Canada’s Discount Car and Truck Rentals
Toronto, Ontario — Enterprise Holdings Inc. announced today that its Canadian subsidiary was successful in acquiring Discount Car and Truck Rentals, including all of Discount’s corporate-owned locations and the Quebec licensee’s daily rental businesses. “We are excited about and encouraged by the long-term opportunities for diversification and innovation this acquisition brings,” said Steven Tudela, Senior […]
Continued Callout: IBC says ICBC’s monopoly is ‘a burden to taxpayers’
Victoria, British Columbia — The Insurance Bureau of Canada (IBC) has yet again called out the Insurance Corporation of British Columbia (ICBC), saying the public insurer continues to burden B.C. taxpayers. “Despite charging the highest auto insurance premiums in the country, [ICBC] continues to be a financial dumpster fire that both drivers and taxpayers simply […]
NOVUS Scotia: NOVUS Glass embraces new location in the Maritimes
Halifax, Nova Scotia — Fix Network Atlantic’s regional vice president, Mark Weeks, welcomes NOVUS Glass Bridgewater to the network. Owner Glenn Toope knew from a young age that he wanted to fix cars. Being in the aftermarket industry for 35 years as an entrepreneur and educator, he took it upon himself to fill the need […]
Eyes Up: Distracted driving still a problem in pandemic, says Desjardins
Toronto, Ontario — Desjardins Insurance’s road safety survey resulted in the majority of Canadians admitting that they continue to drive distracted, even in 2020. Distracted driving is a major concern on Canadian roads, with 60 percent of young drivers between the ages of 16 and 34 admitting to being distracted by a cell phone while […]
B.C. Board Member: Ken Hendricks joins ARC Board of Directors
Victoria, British Columbia — Ken Hendricks is joining the Automotive Recyclers of Canada (ARC) Board of Directors as one of the representatives from BC. Ken currently serves as the senior advisor to the Automotive Retailers Association (ARA). He has had more than 10 years of progressive employment with the ARA, joining originally as the Divisional Coordinator for […]
