Current private equity holder of majority stake in public company said considering sale. According to a report by Bloomberg, Bain Capital is among companies considering acquiring a majority stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS). The Bloomberg report cites anonymous sources that said Bain is one potential bidder for Advent International’s majority stake that […]
CSN Collision Centres Adds New Repair Facility to Network in Ontario, Canada
CSN announced the addition of CSN RSK Downtown, a Tesla-and CCC-certified collision repair facility in Hamilton, Ontario, Canada to its network. CSN RSK Downtown was founded by Sim Kalsi in 2010 while he was an undergraduate, “I grew up in the automotive industry. That fuelled my passion for working with cars, the craftsmanship and quality […]
Driven Brands Inaugural Collision Repair Segment Conference Opens in Florida
Driven Brands’ Abra, CARSTAR and Fix Auto USA franchise partners gathered in Florida for the kick off of the inaugural Driven Brands U.S. collision repair joint conference on Thursday, September 28, along with Driven Brands team members, vendors and industry leaders from across the U.S. The Evolution 2023 conference will run through Saturday, September 30, […]
Vehicle Suppliers Association Calls on Biden Administration to Support Industry During UAW Strike
In a recent letter to the Biden Administration, MEMA, the Vehicle Suppliers Association, emphasized the critical role and interdependence of vehicle suppliers in the country’s automotive manufacturing landscape. MEMA also highlighted the impact the ongoing contract discussions between the UAW and the Detroit 3 automakers will have on the supplier community. MEMA is working directly […]
September U.S. Auto Sales Projected Above Last Year, But Flat from August
S&P Global Mobility reports demand remains static but UAW strike casts a shadow over fourth quarter. US light vehicle sales in September should remain relatively unchanged from the month-prior result, according to S&P Global Mobility, which projects sales volume of 1.30 million units for the month. For optimists, that auto sales levels remain steady in […]
ProColor Collision Adds Repair Center to Network in Santa Ana, California
ProColor Collision announced the addition of ProColor Collision Santa Ana, located at 1020 N. Harbor Blvd. in Santa Ana, Calif. to its network. The facility, formerly known as S&C Auto Body Shop, is owned by William and Ranya Mudawar and has served southern California for 35 years. “As we looked toward the future and explored […]
CCC Partners with Google to Streamline Collision Repair Appointment Scheduling
CCC Intelligent Solutions Inc. (NASDAQ:CCCS) announced today that it has teamed up with Google to streamline the online appointment booking process for repair shops that use CCC Engage. The collaboration introduces a user-friendly “Book Online” button added to Google Business Profiles, Search and Maps, helping participating repair shops stand out in search results and making […]
Advantage Parts Solutions Celebrates 35th Anniversary
This year, Advantage Parts Solutions marks a significant milestone in its journey of excellence, innovation, and OE parts leadership as it celebrates its 35th anniversary. Founded in 1988 in British Columbia, Canada, by Bob Kirstiuk and Tim Scharnberg, today Advantage Parts Solutions, and its affiliates, operates in Canada, China, the UK, and the US with […]
Collision Repair Industry Production Up Over 11% in July Compared to Last Year
Production was also up from June on growth in employment. Total industry set another new record for the sixth month in a row. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary July collision repair employment, hours worked and wages indicated production was […]
Tim Knavish Elected PPG Chairman and CEO
Michael McGarry to retire as Executive Chairman. PPG (NYSE:PPG) announced that its Board of Directors has unanimously elected PPG president and chief executive officer (CEO), Tim Knavish, 58, as chair of the company’s Board of Directors and CEO, effective Oct. 1. Knavish succeeds Michael McGarry, 65, who served as chairman and CEO from 2016 to […]
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