CSN Hawley located just south of the 401 in Mississauga, Ontario is the collision repair facility to join the CSN Collision Centres network. “This area sees more than 40,000 vehicles a day so it’s important to the community to have a quality collision repairer they can trust, a reputation we’ve held for more than 50 […]
Driven Brands Files for Initial Public Offering
Driven Brands Holdings filed on December 22 with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering. Rennaissance Capital said, however, the deal is likely a placeholder for an IPO we estimate could raise up to $600 million. Driven Brands franchise network has 4,100 locations across […]
I-CAR Announces Recipients of Jeff Silver and Russ Verona Awards
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the recipients of its annual Jeff Silver and Russ Verona I-CAR Awards that recognize one individual and one collision repair shop for advancing technical education and professionalism in the collision repair industry. The Jeff Silver Award, honoring an I-CAR Platinum individual who demonstrates true passion for […]
Collision Repair Facility Sales Improved in November
Respondents to our most recent survey indicate sales in November compared to last year were still down, but less than at any time since start of pandemic. A growing percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering November reported that sales were up, reversing the drop […]
AutoCanada Acquires Collision Repair Facility in Quebec
AutoCanada announced that it has acquired Auto Bugatti – Certified Collision Repair Centre on September 1st. Auto Bugatti has been in business for over 20 years and has 30,000 sq ft. of production space. The facility opened its doors in 1990 in Dorval, Quebec and has become a Certified Collision Repair Centre for BMW, MINI, […]
Australia Publishes Draft Right to Repair Legislation
The Australia Treasury Department published an exposure draft of legislation for the mandatory motor vehicle service and repair information sharing scheme. The government is accepting public comments on the proposed law until January 31, 2021. The proposed law requires data providers such as vehicle manufacturers to: publicly offer to supply information used for conducting diagnostic, […]
IAA Expands in California and Massachusetts
IAA, Inc. (NYSE: IAA) announced it increased capacity at its IAA High Desert branch located in Hesperia, Calif. and the overall Boston, Massachusetts market. This investment will increase the IAA High Desert branch’s inventory space by more than 60 percent, adding capacity to the overall Los Angeles market. Additionally, the Boston market will see a […]
10 Vehicle Manufacturers Reach Automatic Emergency Braking Commitment Ahead of Schedule
Ten automakers have fulfilled a voluntary commitment to equip nearly all the new light vehicles they produce for the U.S. market with automatic emergency braking (AEB) — well ahead of the 2022-23 target. The 10 manufacturers put the technology on more than 95 percent of the vehicles they produced between Sept. 1, 2019, and Aug. […]
Original One Parts Acquires PartCycle Technologies
Acquisition adds recycled e-commerce marketplace. Original One Parts LLC, a portfolio company of private equity firm Kinderhook Industries, LLC, announced the acquisition of PartCycle Technologies, LLC. PartCycle Technologies is an e-commerce marketplace for quality recycled OEM auto parts, based in Florence, Ala. The company was founded in 2015 by two tech entrepreneurs with a shared […]
Boyd Group Acquires Collision Repair Center in Morrow, Georgia
The Boyd Group Inc. announced the acquisition of a collision repair center in Morrow, Georgia. Morrow is a south suburb of Atlanta and home to Clayton State University. The new Gerber Collision & Glass location, situated off a well-traveled roadway referred to as “Dealers Row” due to many car dealerships close by, previously operated under […]
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