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Hyundai Acquires Robotics Firm Boston Dynamics from SoftBank

June 23, 2021 By CollisionWeek Editor

Hyundai Acquires Robotics Firm Boston Dynamics from SoftBank

Hyundai Motor Group, Boston Dynamics, Inc. and SoftBank Group Corp. (SoftBank), on June 21 announced the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion. Additional financial details were […]

Filed Under: News Tagged With: Acquisitions, Artificial Intelligence, Autonomous Vehicles, Boston Dynamics, Hyundai, Robotics

PPG Launches Digital Color-Matching Device for Commercial Vehicles in EMEA

June 23, 2021 By CollisionWeek Editor

PPG ColorReader

PPG (NYSE: PPG) announced the introduction of its ColorReader portable digital device in its Europe, Middle East and Africa (EMEA) region. ColorReader enables customers in the commercial vehicle sector to quickly and precisely match colors to the PPG Delfleet One color palette and international standard colors. ColorReader is a Bluetooth-connected device that works with a […]

Filed Under: News Tagged With: PPG Industries

Signature Collision Centers Merges with Crash Champions

June 22, 2021 By CollisionWeek Editor

Signature Collision Centers Merges with Crash Champions

Following transaction, Crash Champions will have 118 collision repair centers across the U.S. Crash Champions announced today that the Company has entered into an agreement with Signature Collision Centers, one of the largest family owned, independent collision repair companies on the East Coast, to add Signature’s 24 locations to the Crash Champions collision repair platform. […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, District of Columbia, Florida, Maryland, North Carolina, Pennsylvania, Signature Collision Centers

LKQ’s Elitek Vehicle Services Expands into Remote Automotive Diagnostics and Programming

June 22, 2021 By CollisionWeek Editor

Effective today, Elitek Vehicle Services is expanding its services beyond on-site mobile diagnostics and repair to also include remote automotive diagnostics and remote programming. Repair facilities can now call one company, Elitek, to service all their diagnostic service needs. Since 2019, under the Elite Electronics and VeTech Automotive Electronics brands, LKQ’s diagnostic services business, now […]

Filed Under: News Tagged With: Advance Driver Assistance Systems, Diagnostics, Elitek Vehicle Services, LKQ Corporation, Recalibration

Clemens Brothers to Open Fourth Fix Auto UK Collision Repair Center

June 22, 2021 By CollisionWeek Editor

Brothers Terry and Chris Clemens, who have developed three Fix Auto UK collision repair centers along the south coast of England, have revealed plans to open a fourth. The duo intend to have what will operate as Fix Auto Yeovil open for business by the end of August after receiving the keys this week to […]

Filed Under: News Tagged With: Fix Auto UK, Network Affiliations, United Kingdom

Colors On Parade Adds New Franchise in Northeast Tri-State Area

June 22, 2021 By CollisionWeek Editor

Colors on Parade, the mobile automotive reconditioning franchise, announced the opening of its newest franchise unit in West Harrison, N.Y. Servicing the New Jersey, New York and Connecticut Tri-State area, the new franchise is owned and operated by Michael Grimaldi. Working alongside Area Developers, Mark Mega and David Lee, Michael will bring EcoSmart mobile automotive […]

Filed Under: News Tagged With: Colors on Parade, Network Affiliations, New York State

Emilie Gaudet Named President and Chief Operating Officer of Uni-Select’s Canadian Automotive Group

June 22, 2021 By CollisionWeek Editor

Uni-Select Inc. announced the appointment of Emilie Gaudet to the position of President and Chief Operating Officer, Canadian Automotive Group, effective July 1. In the last few years at Uni-Select, Emilie has held multiple roles such as Chief Financial Officer at FinishMaster and more recently, she took on the position of Vice-President, Corporate Finance and […]

Filed Under: News Tagged With: FinishMaster, People, Uni-Select

IAA Acquires Auto Exchange

June 21, 2021 By CollisionWeek Editor

IAA logo

Expands company’s footprint in New Jersey market. IAA, Inc. (NYSE: IAA) announced today that it has acquired the entirety of the assets of Marisat, Inc. that does business as Auto Exchange, a salvage recovery industry leader in New Jersey.  IAA will operate the business of Auto Exchange going forward.  Financial terms of the transaction were […]

Filed Under: News Tagged With: Acquisitions, Insurance Auto Auctions, New Jersey

AASP/NJ Virtual Meeting Presents Industry Solutions

June 21, 2021 By CollisionWeek Editor

To help bring forth practical solutions to help collision repairers overcome some of the industry’s most common obstacles, the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) welcomed business coach Barrett R. Smith of Auto Damage Experts, Inc. to lead a special discussion, “Are You at the End of Your Rope? Thinking There Has […]

Filed Under: News Tagged With: AASP/NJ, Webinars

Copart Opens New Location in North Dakota

June 21, 2021 By CollisionWeek Editor

Copart Inc. (NASDAQ: CPRT) announced a new location in Bismarck, N.D. “We’re excited to serve our customers in North Dakota from our new location in Bismarck,” said Glenn Shipman, General Manager of Copart Bismarck. Copart Bismarck will host weekly auctions at noon every Monday.

Filed Under: News Tagged With: Copart, North Dakota, Openings

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