Driven Brands Holdings Inc. (NASDAQ:DRVN) announced that it will be migrating its glass servicing business to the Auto Glass Now (AGN) brand beginning in January 2023. Since entering the U.S. glass business less than a year ago, Driven Brands has grown to approximately 175 locations and over 700 mobile units through a series of acquisitions […]
Copart Announces Hiring of New Chief Financial Officer and Chief Legal Officer
Copart, inc. (NASDAQ:CPRT) announced the addition of two new members to its leadership team today: Chief Financial Officer Leah Stearns and Chief Legal Officer Paul Kirkpatrick. Stearns will lead Copart’s finance and accounting functions to help enable the company’s continuing profitable growth. She is a seasoned Fortune 500 executive, serving most recently as chief financial […]
Independent Collision Repair Facility Revenue at Record Level in 2021
Revenue was above 2019 levels after suffering a decline in 2020 due to the impact of government shutdowns at the start of the pandemic. The latest statistics from the U.S. Census Bureau shows that independent collision repair facility revenue increased above both 2020 and 2019 levels as traffic and accidents increased from the pandemic lows […]
Classic Collision Acquires Third Collision Repair Center in Minnesota
Classic Collision, LLC announced the acquisition of Roering Auto Body in Saint Paul, Minn. Roering Auto Body has been serving Saint Paul and the surrounding areas since 1982. “Our mission is to provide our customers with the most professional, courteous service and quality workmanship, and we believe that Classic Collision will continue that here in Saint […]
Car ADAS Announces New Location in Georgia
Car ADAS Solutions announced the addition of its 18th Location, Georgia ADAS Calibrations located in Decatur, Ga. After operating in Conyers, Georgia ADAS Calibrations opened a second location in the Atlanta market, in Decatur. “We welcome Georgia ADAS Calibrations to the Car ADAS family of best-in-class calibration centers,” said Greg Peeters, founder and CEO of […]
AkzoNobel Completes Lankwitzer Lackfabrik Acquisition
AkzoNobel announced it has completed the previously announced acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH, a deal which strengthens the company’s performance coatings portfolio. The acquired business will complement AkzoNobel’s existing powder coatings offering and expand the range of products the company supplies. Operating out of a manufacturing site in Leipzig, […]
Thatcham Study Identifies Difference in US and UK Motorists’ Attitudes Towards Vehicle Automation Technologies
US drivers more open to automation than UK counterparts. Research highlights the importance of clear communication to enable safe adoption. Uk-based Thatcham Research revealed further insights from its Trust in Automation study – which polled 2,000 motorists in the US and 2,000 in the UK – and found a significant disconnect between attitudes and behaviors […]
Automotive Ecosystem Drives $1 Trillion into U.S. Economy Each Year, Nearly 5% of GDP
The Alliance for Automotive Innovation, the association representing vehicle manufacturers, released Driving Force, a new economic impact report highlighting the automotive industry’s many contributions to the American economy with state-by-state breakdowns of employment, trade, revenues, manufacturing investment and assembly facilities, GDP and more. The highlights: Combined, the automotive ecosystem drives more than $1 trillion into […]
Honda’s Next-generation Driver Assistance Technologies Will Be Standard in U.S. by 2030, Fuel Cell Vehicle Production in Ohio Starting in 2024
Honda announced plans to expand the capabilities of its previously announced Honda Sensing 360 and Honda Sensing Elite advanced safety and driver assistive systems. The improved Honda Sensing 360 system will begin rolling out in the 2nd half of the decade and will be standard on all new Honda and Acura models in the U.S. […]
Insurance Research Council Study Finds Driver Telematics Programs Face Privacy Concerns
More U.S. drivers are open to opting into usage-based insurance (UBI) programs to save on their auto insurance premiums, yet more widespread acceptance of telematics programs and UBI remains elusive due to privacy concerns, according to a new study from the Insurance Research Council (IRC), a division of The Institutes. The Insurance Research Council (IRC), […]
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