Awards up to $5,000 are available to students pursuing automotive careers. The 2024 Specialty Equipment Market Association (SEMA) Scholarship application period for students pursuing careers in the automotive or performance parts industries is now open and will run through March 1, 2024. Interested applicants can review and complete the scholarship application online. The SEMA Memorial […]
Consumer Sentiment Jumps in December on Improved Inflation Expectations
Index near midpoint between pre-pandemic levels and historic lows last year. Consumer sentiment soared 14% in December, reversing four consecutive months of declines and reaching its highest reading since July, according to the University of Michigan Surveys of Consumers. These trends are rooted in sharp improvements in how consumers view the trajectory of inflation, said […]
Terry Fortner Named Executive Director at CAPA
The Certified Automotive Parts Association (CAPA) announced Terry Fortner has succeeded Clark Plucinski as the non-profit standard setting and certification organization’s Executive Director. Fortner assumed the role January 1. Fortner brings with him over four decades of leadership experience and an intimate knowledge of the automotive aftermarket. After thirty-two years in leadership at Nationwide Insurance, Fortner […]
Kirmac Collision & Autoglass Acquires Repair Center in Abbotsford, B.C.
Kirmac Collision & Autoglass announced its acquisition of Automall Autobody in Abbotsford, British Columbia, Canada. The acquisition is Kirmac’s 17th location in the Metro Vancouver market. This strategic move marks Kirmac’s entry into the City of Abbotsford, a growing community located one hour from Downtown Vancouver. The location is conveniently located inside the Fraser Valley […]
KSI Auto Parts Acquires Carolinas Auto Supply House
KSI Auto Parts announced it has acquired Carolinas Auto Supply House (CASH), founded in 1915 and located in the Charlotte, N.C. metro area. KSI will continue to operate at the Charlotte location under the leadership of Scott Cameron. John Mosunic, CEO of KSI, said, “The acquisition of CASH gives KSI a strategic geography in the […]
Best Buy Exec Damien Harmon Joins Driven Brands Board of Directors
Driven Brands Holdings (NASDAQ: DRVN) announced the election of Damien Harmon to its Board of Directors, effective January 1. Harmon will also serve as a member of the Compensation Committee. “We’re thrilled to have Damien join our Board,” said Jonathan Fitzpatrick, CEO and President of Driven Brands. “His deep experience in competitive and evolving retail […]
IIHS Reports Vehicle Manufacturers Fulfilled Autonomous Braking Pledge
All 20 participating automakers have fulfilled a voluntary pledge to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking. According to the Insurance Institute for Highway Safety (IIHS), five new manufacturers installed automatic emergency braking (AEB) on more than 95 percent of the light vehicles they produced between […]
Quality Collision Group Acquires MSO with 9 Collision Repair Centers in Utah
Quality Collision Group (QCG) announced the acquisition of Cascade Collision Repair, a Utah-based multiple shop operator (MSO). The addition of Cascade’s nine locations brings the total number of repair facilities under the Quality Collision Group banner to 62. This strategic move is built on a shared vision, with a commitment to use OEM parts and […]
Classic Collision Adds Locations in Florida and Virginia
Classic Collision, LLC, announced the addition of two new locations. On December 21, the company announced it acquired Crash Depot in Auburndale, Fla. Crash Depot has been servicing customers in Polk County since 2012. On December 29, Classic Collision announced the opening of a newly renovated facility in Hampton, Va. Classic Collision Aberdeen is located […]
Wesco Group Acquires English Color
Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced December19 that it acquired English Color and Supply English Color and Supply was founded by Bob English, in 1946. Headquartered in Richardson, Texas, English Color has grown into a premier distributor with 76 locations serving the central United States. Robert Burns […]
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