In two separate transactions, the MSO added three locations, including a former dealer facility. The Boyd Group Inc. announced the acquisition of two collision repair centers in Ohio and one in Texas. The new Gerber Collision & Glass locations in Ohio previously operated as Frankie & Dylan’s Complete Collision & Custom Repair, originating in Mentor […]
asTech Acquires adasThink
Repairify, Inc., the parent of asTech and a portfolio company of the private equity firm Kinderhook Industries, announced the acquisition of adasThink, a company that retrieves information related to the vehicle-specific advanced driver-assistance systems (ADAS) and identifies required procedures and calibration based on labor operations in an automotive repair estimate. The transaction represents the tenth add-on […]
Fix Auto Canada Adds Collision Repair Center to Network in Alberta
Fix Auto Canada announced the addition of Fix Auto Strathmore, a 10,000 square foot collision repair center, to its network. The new shop strengthens Fix Auto’s footprint in Alberta, bringing advanced collision repair services to the closely knit community of Strathmore. The new shop is the third Fix Auto location established by owner-operators Andy and […]
Governors Highway Safety Association Report on Distracted Driving Deaths Increase Identifies Need to Strengthen Laws and Enforcement
The Governors Highway Safety Association (GHSA) today announced the release of the inaugural Behavioral Traffic Safety Cooperative Research Program (BTSCRP) report, Using Electronic Devices While Driving: Legislation and Enforcement Implications, published this morning by the National Academies of Sciences, Engineering, and Medicine’s Transportation Research Board (TRB) and funded through the National Highway Traffic Safety Administration […]
3M Invests in asTech Parent Repairify
Strategic investment will help scanning and calibration firm expand in Americas and Europe. Repairify, Inc., known for its asTech device and remote scanning, programing, and calibration services, today announced a strategic investment from 3M. The investment from 3M will help Repairify further expand and accelerate its proprietary tools, technology and service offerings across the Americas […]
SBA to Prioritize PPP Loans to Employers with 20 or Fewer Employees for Two Weeks
The U.S. Small Business Administration announced it is taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has succeeded in making major improvements to the program’s implementation: For businesses with fewer […]
Nexterra Announces Concierge Repair and Claims Management Services for Auto Dealers and OEMs
Nexterra Solutions Group, LLC, the international automotive restoration, claims management and service contract provider that operates Dent Concepts and Allied Overspray service brands, announced it is expand its reach and offerings into the automotive dealership and OEM communities. Nexterra provides fully customizable concierge auto physical damage assessment and restoration platforms, plus vehicle service products that […]
LKQ Opens Central Distribution Center in the Netherlands
After a construction time of just one year, LKQ Fource has opened a new 50,000 square meter (538,000 sq. ft.) warehouse that will play an important role as a part of LKQ’s European logistics footprint. “Our principle regarding parts availability is ‘Logistics without Borders’ to seamlessly serve our customers. Digitalization gives us the opportunity to […]
Classic Collision Acquires Two Collision Repair Centers in Orlando
Classic Collision, LLC announced its second multi-shop acquisition in less than 30 days with the acquisition of both Orlando’s Supercenter Auto Body Repair locations in Orlando, Fla. Classic Collision now has 20 Florida locations and operates 62 centers total in Georgia, Florida, Alabama, South Carolina, and California. Orlando’s Supercenter Auto Body has been servicing the […]
Gasoline Consumption Improved in First Half of February
The rate of consumption was up for last two weeks on week-over-week basis. Decline in the four-week moving average in the first half of February drops below 10% level. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending February 12 was up for the second week […]
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