The Women’s Industry Network (WIN) announced its 2024 – 2025 Officers and Board of Directors. The WIN Executive Board works to ensure the overall health, growth, and viability of WIN, provides overall strategic direction, and executes on WIN’s vision and mission for women serving in the collision repair industry. At the upcoming WIN Annual Conference […]
AASP-MN 29th Annual Golf Outing June 11
The Alliance of Automotive Service Providers – Minnesota (AASP-MN) announced its 29th Annual Golf Outing will be held on Tuesday, June 11 at Majestic Oaks Golf Club, in Ham Lake, Minn. Over 150 AASP-MN members, their employees, industry vendors, and insurance representatives are expected to enjoy the day of golf and socializing. Play will begin […]
Collision Repair Industry Production Ties Record in February
Production in February was up month-over-month and year-over-year, tied April 2023 record. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary February collision repair employment, hours worked and wages indicated production was up compared to January and February 2023. February production tied the […]
Solera Files Confidential Draft Registration Statement for Proposed IPO
Solera Global Corp. announced yesterday that it has confidentially submitted a draft Form S-1 registration statement for review by the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A common stock. According to the company, the number of shares of Class A common stock to be offered and […]
Lawson Products Acquires S&S Automotive
The Distribution Solutions Group, Inc. (NASDAQ:DSGR) announced that its operating company, Lawson Products, Inc., completed the acquisition of S&S Automotive, Inc. the automotive and industrial parts supplier based near Chicago in Woodridge, Ill. The acquisition will complement Lawson Products’ automotive-focused division, Kent Automotive that distributes automotive and industrial class C-parts to auto dealerships and collision […]
Driven Brands Reports Revenue of $572 Million in First Quarter
Driven Brands Holdings Inc. (NASDAQ: DRVN) reported revenue of $572 million for the first quarter of 2024 ended March 30, up 2% versus the prior year quarter. System-wide sales were $1.6 billion, up 7% versus the prior year primarily driven by 0.7% same store sales growth and 144 net new units. System wide sales in […]
Fix Network World Apprenticeship Program Approved by Washington State
Program celebrates graduation of first apprentice. The Fix Network Apprenticeship Program (FNAP) has been officially approved by the Washington State Apprenticeship and Training Council, and celebrated the graduation of its first apprentice, Gabrial Duran. The FNAP functioned provisionally in Washington State and Oregon since October 2022 and received full approval in January 2024. Fix Network […]
SEMA Show Registration Now Open
Registration for the November 5-8 SEMA Show at the Las Vegas Convention Center is now open online. Attendees can maximize their ROI by registering early and taking advantage of housing and travel discounts. Registration is only $40 for qualified attendees who register by June 28. Enthusiasm for this year’s SEMA Show continues to build as […]
Axalta Reports Sales of $1.3 Billion in First Quarter
Refinish sales up 4%. Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales increased 0.8% year-over-year to $1.3 billion for the first quarter ended March 31. Performance Coatings first quarter 2024 net sales were $848 million, flat relative to the prior year period. Refinish net sales were $519 million, up 4% year-over-year driven by positive price-mix […]
CCC Reports Revenue of $227.2 Million in First Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) reported total revenue was $227.2 million for the first quarter of 2024 ended March 31, an increase of 11% from $204.9 million for the first quarter of 2023. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and 41% adjusted EBITDA margin –both above our […]
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