February 2022 Northeast Edition

Page 29

“Scheduling out two months,” a North Carolina shop owner said. An optimistic Minnesota shop manager pointed to his shop’s fivemonth backlog of work and “plenty of business in our area,” though he did acknowledge concern that 75%

Continued from Cover

National Survey “Our business is currently stronger than it’s ever been,” a Missouri shop owner said.

The survey found among the collision repair businesses that said they received a second-round Small Business Administration Paycheck Protection Program (PPP) loan in 2021, 70% said they have already received loan forgiveness. None of the shops surveyed reported having their loan forgiveness application rejected, but 20% said they still planned to apply to have the loan forgiven, and the remaining 10% were undecided about applying. Among those who said they received a first-round PPP loan in 2020, 84% said the loan had been forgiven; the balance either had not applied for forgiveness, were awaiting approval or were undecided about seeking forgiveness, but again, none reported having their loan forgiveness application rejected.

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“This company has made it through many ups and downs since it opened in 1984,” a Wisconsin shop manager said.

of the shop’s employees will retire within the next five to 10 years. “Need fresh faces ASAP,” he said.

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DCR Systems Sponsors Matrix Trade Institute DCR Systems announced Jan. 11 the company is the first corporate sponsor of the Matrix Trade Institute’s Collision Program as a Foundation Level Partner. The institute offers upskill industry efficiency training boot camps for employers that aim to help technicians reach the next level by improving their skills and learning efficiency techniques to help them become more productive and grow. The boot camps are paid for by employers. DCR Systems, also based in Ohio, develops on-site accident repair facilities for auto dealers seeking to outsource this function as an additional fixed operation. CEO Dustin Peugeot said the goal at Matrix is to align with forward-thinking operations like DCR Systems that have the vision to see a better way forward and the courage and commitment to deliver for their employees. Source: DCR Systems

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Certification Requirements? ������������������������

4min
pages 50-51

SEMA Launches Online Library �����������������������

3min
page 62

Top Electric Car Predictions for 2022 ��������������

5min
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Car with 620-Mile Range ����������������������������

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pages 48-49

Gene Crozat’s Legacy of Giving�������������������

13min
pages 52-56

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Insurance Adjusters of the Future ���������������

9min
pages 40-43

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of U�S� ���������������������������������������������������������

6min
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DCR Systems Sponsors Matrix Trade Institute �

2min
page 29

Peer-to-Peer Car Sharing Law �����������������������

4min
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for Small Businesses�����������������������������������

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SEMA Group Announces Rebrand�������������������

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$35,000 Range’�������������������������������������������

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Estimating ‘Not There Yet’���������������������������

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