A New Jersey man pleaded guilty Monday in federal court in the Northern District of Oklahoma to leading a multi-state operation that stole thousands of catalytic converters from private vehicles and sold them on a secondary market for millions of dollars, based on the value of the precious metals that the converters contain. Navin Khanna, […]
Fisher Auto Parts Acquires 7 Genden Auto Parts Stores in New England
Fisher Auto Parts announced the acquisition of Genden Auto Parts, a second-generation family business with over 70 years of service. This acquisition significantly strengthens Fisher Auto Parts’ presence in the New England market. Genden Auto Parts operates seven locations across western Massachusetts, northern Connecticut, southern Vermont and southwestern New Hampshire. John Lamoureux, owner of Genden […]
GoAuto Insurance Begins Operations in Georgia
GoAuto Insurance received approval from the Georgia Office of Insurance and Safety Fire Commissioner and began issuing auto insurance policies in the state July 14. The Baton Rouge-based direct-to-consumer insurer now operates in five states: Louisiana, Nevada, Ohio, Texas, Alabama and Georgia. “Becoming licensed in Georgia and going live with policy issuance is a significant […]
Auto Care Association Hosting July 31 Cybersecurity Webinar for Small Business Members
The Auto Care Association will host a webinar July 31 aimed at helping organizations improve their cybersecurity practices without requiring technical expertise. The session, titled Reducing Risk and Enhancing Readiness: Practical Cybersecurity for Every Organization, runs from 2-3 p.m. (EDT) and targets businesses of all sizes in the automotive aftermarket industry. Daniel Eliot, lead for […]
AASP/NJ Plans Business Management Workshops for August 20, September 24
Two events will cover employee handbooks and financial optimization strategies The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) will host two membership events in August and September focused on business management tools for repair shop owners and managers. The first event, scheduled for Aug. 20 at 6:30 p.m., will be a virtual seminar […]
Focus Advisors and Veritas Advisors Merge M&A Operations
Focus Advisors and Veritas Advisors announced a merger that combines the two established mergers and acquisitions (M&A) advisory firms serving the automotive collision repair sector. The deal brings together Focus CEO David Roberts and Veritas Founder John Walcher, along with their respective teams. The combined firm has advised on more than 120 automotive services transactions, […]
Car Center Collision Partners with Fox Motors, Opens New Repair Center
Car Center Collision Repair announced it has entered into a partnership with Fox Motors in Grand Rapids, Mich to serve as the dealership group’s direct referral collision repair partner for eight brands: Acura, Ford, Honda, Hyundai, Kia, Mazda, Nissan and Subaru. As part of the agreement, Car Center Collision purchased the former Fox Shine Car […]
Rivian to Open East Coast Headquarters in Atlanta
Electric vehicle maker plans 500-employee office to support Georgia manufacturing expansion. Electric vehicle manufacturer Rivian (NASDAQ: RIVN) will establish its East Coast headquarters in Atlanta, Ga. the company announced July 17 alongside Georgia Gov. Brian Kemp and Atlanta Mayor Andre Dickens. The office will open in late 2025 at the Junction Krog District building at […]
Wholesale Used-Vehicle Prices Down in First Half of July
Prices remain above July 2024 levels. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased 0.7% from June in the first 15 days of July. The mid-month Manheim Used Vehicle Value Index, released Thursday, was 206.9, showing a rise of 2.6% from the full month of July 2024. The seasonal adjustment reduced […]
Binks Opens New Global Headquarters in Minnesota
Former Carlisle Fluid Technologies completes facility consolidation with 120,000-square-foot Shoreview location. Binks, formerly Carlisle Fluid Technologies, opened its new 120,000-square-foot global headquarters in Shoreview, Minn. on July 15, completing a transformation that included rebranding and consolidating Minnesota operations. The facility serves as the company’s global Controls Center of Excellence, bringing together operations previously located in […]
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