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Chief Economist Regularly Featured on Bloomberg, CNBC, CNN and Fox Business Headlines MSO Symposium

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North Richland Hills, TX, October 27, 2020 – In years past, the MSO Symposium has brought together an exclusive group of attendees to review and discuss the latest trends and expected changes in automotive collision repair. Its annual event delivers executive-level panel discussions and special guest speaker presentations that aim to provide MSOs and large independent repair facilities with information to aid in their business decisions. This year’s virtual conference promises to deliver that same high-quality content in familiar format.  

The 2020 MSO Symposium will run as an open event and offers free registration to attendees, thanks to our industry sponsors. Taking place as a series of 90 minute webinars, it will begin Monday, November 9th at 2:00pm CDT and conclude Friday, November, 13th at 3:30pm CDT. 

Sharing the spotlight on day two, Tuesday, November 10th is Dr. Lindsey Piegza, Chief Economist with Stifel Financial, an economist regularly featured on CNBC, Bloomberg, CNN and Fox Business, and Rex Green, Managing Director and Global Co-Head of Automotive Aftermarket Investment Banking at Jefferies Group LLC.

Their program titled “Beyond Consolidation: Investor Interest and Economic Impacts” will discuss the driving factors for investor interest in the collision industry today and how the economy could impact it moving forward. Marcy Tieger, Managing Director of Symphony Advisors LLC is set to facilitate the informative Q&A session. 

To begin, the session will provide a macro-level view of the U.S. economy post-election with an outlook on the recession, likely expectations on economic recovery, and U.S. trade relations with China. Dialing in deeper, a micro-level perspective will shed light on how the state of the economy could impact the automotive industry and investor interests in it. 

“The information to be shared during this Q&A session is not only timely, but is sure to be extremely captivating, especially considering the high-profile speakers and their collective knowledge,” shares Tieger. 

This year’s event has already generated a lot of interest. MSO Symposium organizers are encouraging all industry stakeholders to register and experience this one of a kind opportunity, learning from some of the brightest minds both inside and outside of the industry.

A link to registration can be found at: www.msosymposium.com/register
Additional information on the event’s 5-day agenda may be seen at www.msosymposium.com/agenda

“The MSO Symposium has a long history of delivering executive level speakers, content, and information that is not readily available to the industry. Dr Piegza and Mr. Green’s participation will build upon the legacy of the MSO Symposium and continue our proud tradition as the premier event dedicated to the executive leaders in the collision repair industry. “ continues Ray Fisher, Executive Director of the ASA. 

Companies interested in gaining enhanced exposure to the multi-shop organizations, both large and small across North America, please reach out to Jennie Lenk at jenniel@msosymposium.com or Brian Nessen briann@msosymposium.com. A limited number of sponsorship positions are still available.

2020 MSO Symposium’s Virtual Conference Opens for Registration

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October 19, 2020 – The Automotive Service Association (ASA) announced earlier this month that the 9th installment of the MSO Symposium would take place as a five-day virtual event the week of November 9th and that for the first time ever, the program is open to the entire industry and at no cost. Registration is now open!

The 2020 MSO Symposium will run as a series of 90-minute, daily webinar sessions that provide insight and guidance on the most important issues in the automotive collision repair business. Similar to years past, the agenda, timing, and content is driven and directed by industry leading members who participate on the program’s advisory board

The program features speakers like Susanna Gotsch, Industry Analyst from CCC Information Services, Rex Green, Global Co-Head Automotive Aftermarket Investment Banking with Jefferies LLC, OEM and insurance company representatives, and panel participants from a variety of multi-shop organizations, both large and small from across North America. Additional information on this year’s agenda and speakers can be found at: www.msosymposium.com/agenda

Registration to the virtual 2020 event is complimentary thanks to the event’s industry supporters and sponsors. To read more information about these companies and the equipment and services they provide, please visit www.msosymposium.com/sponsors   

To attend the 2020 MSO Symposium, registration is required. To begin the registration process, follow this link

Companies and organizations interested in taking part in our limited sponsorship opportunities, please visit our website or contact us.

Any additional questions can be directed to Jennie Lenk at JennieL@msosymposium.com

About Automotive Service Association
ASA advances professionalism and excellence in the automotive repair industry through education, representation and member services. To take advantage of the many benefits of membership in ASA, please visit ASAshop.org or call (817) 514-2901.

For additional information about ASA, including past news releases, go to ASAshop.org or visit ASA’s legislative website at TakingTheHill.com

How Collision Repair Shops are Doing Their Part to Stop the Spread of COVID-19

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As the world watches the spread of the COVID-19 Coronavirus, people and companies are doing everything possible to stay healthy, stay in business, and reduce the impact of this illness on the healthcare system and the economy.

Over the past few days we spoke with a number of shops and companies to find out what they’re doing to keep employees safe and healthy while trying to reduce the spread of the virus. The purpose of these calls was to gather information and share that with the MSO Symposium audience and the collision repair industry.

Following are examples of the steps shops and companies across the US have put in place:

Steps for Staff

  • Every shop we spoke with has all employees wearing gloves at all times. There is a constant exchange of tools and wearing gloves discourages touching around the face.
  • Vendors and other non-employees are not allowed in shops in order to reduce contact and exposure.
  • Lunches and breaks are not at the same time for every employee, thus avoiding everyone congregating in one place at one time (physical distancing).
  • Some shops are purchasing lunch for staff; this reduces risk of bringing an illness from homes, and it supports local food-service businesses that may be surviving by pick-up or delivery only.
  • Some shops have altered work hours and created new shift times, so some employees start earlier in the day and leave earlier, while other employees come and leave later in the day. This establishes little, or no overlap while having fewer people in the shop at the same time.
  • Some businesses have opened on weekends to further spread out their staff’s time in the shop, and allowing some people, who have children at home to work more flexible hours.
  • To reduce bringing illness to the business some are offering a safe, clean place to change and asking workers to consider leaving work clothes and boots at the shop. 
  • More hand-sanitizer stations are being placed throughout the business and a good supply of soap at every sink and wash station.
  • Anyone with so much as a sniffle needs to stay home until absolutely healthy.
  • If any staff can work from home, even for some hours, try to support that.
  • If a company has more than one location, no staff is traveling to other offices 
  • Staff meetings in some shops are limited to no more than 6. Keep group meetings small, in open spaces if possible, and have people physically apart from one another.

It is critical to have staff buy-in for the measures you are taking. Some people are taking this situation more seriously than others, and it is very important everyone is in alignment with the steps and measures taken for the safety of all. One way to do this is to ask your team members for their ideas on how to keep everyone safe. When they feel they have a voice in the process, they are more likely to support new mandates.

Steps for Customers

  • No customers are allowed in shops. Customers are met outside and at a safe distance.
  • Some shops are requiring scheduled appointments only to spread out the number of people coming in for repair work.
  • Do not reuse pens; when a customer signs an estimate or invoice, give them the pen to keep.
  • Photo-estimating is being utilized as much as possible.
  • All vehicles are disinfected before any employee gets in a vehicle. Key touch points are wiped down including but not limited to:
    • Door handles (inside and outside)
    • Armrests
    • Steering wheel
    • Seat belts
    • Car keys and key fobs
    • Any push-button areas on the dash and doors (radio, electric windows, thermostat, etc.)
    • Cruise control and windshield wiper controls
    • Glove box and center console
    • Shift levers and knobs
    • Hazard light buttons

When all work is complete, the vehicle should be disinfected (following the same steps as above) before delivering it to the customer.

It is very important to communicate these measures with customers, so they know your procedures and feel safe when working with your company.

Steps for Leadership

  • Lead by example; if you ask your team to take certain safety measures, you should be abiding by those same measures or they won’t take you seriously.
  • Listen to your team. Many people are losing jobs right now. Kids are at home because schools are closed. Some products are not available on store shelves. All of this is creating stress. Anything you can do to give your employees some level of comfort in their roles will help with productivity and their overall well-being.
  • Look at opportunities to acquire products that your staff cannot get at a store. One shop had a large order of paper towels and toilet paper that they were able to share with their staff.
  • Stay informed of local, regional, and state mandates; they are changing, sometimes daily, and you need to be ready to make adjustments. Some states are requiring shelter in place or mandatory quarantines.
  • If possible, keep in touch with local officials. Your business may be able to help in some way.
  • Contact other shops and share ideas, challenges, and solutions. The MSO Symposium was designed to promote networking within the industry and now is a time to take advantage of communicating with your industry peers.
  • Most importantly, keep yourselves, your team, and your customers safe. This is your highest responsibility.

In speaking with some of the vendor companies, many are cutting travel for their staff so communication and orders should be made by phone and email. Be patient with them as some of those companies are able to shift their efforts to the medical community. Gloves, dust masks, and head socks are difficult to come by right now, because they are being sent to medical establishments. Within your own shops, DO NOT REUSE THESE ITEMS! But do not be wasteful either, they are in high demand right now.

In addition to the many steps listed above, if you are taking additional actions at your place of business and you would like to share them, please let us know. Information is empowering, and this is certainly a time to help one another any way we can.

This article is posted on the MSO Symposium’s homepage, on the right hand sidebar, should you need to refer back to it. www.msosymposium.com

If you have any questions, are looking to connect, or would like to share the additional steps you are taking, please contact us: www.msosymposium.com/contact-us