National Automotive Service Task Force (NASTF) Fall 2017 General Meeting at AAPEX on Wednesday, Nov. 1, will kick off with a presentation to emphasize the value of OEM technical information websites for technicians working outside franchised dealerships. The session, The Most Underused OEM Service Info Resources, will familiarize attendees with the 40 light vehicle and […]
CARSTAR Canada Adds Collision Repair Center to Network in New Brunswick
CARSTAR Canada announced the addition of CARSTAR Shediac, a 6,500 sq. ft. facility, located at 277 Main Street, Shediac, New Brunswick to its network. Serge Leger, the owner of CARSTAR Shediac, grew up in the automotive industry, and has worked closely with his father, supporting collision repairs and customizing vehicles. Now, Serge is driven to […]
Small Business Optimism Regains Momentum in July
Job openings and plans to create new jobs lead monthly NFIB Index of Small Business Optimism The National Federation of Independent Business (NFIB) Index of Small Business Optimism rose 1.6 points to 105.2, preserving the surge in optimism that started the day after the election. Seven of the 10 Index components posted a gain, two […]
IAA Adds Over 500 Acres in Preparation for Severe Weather Season
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced it has secured 22 real estate locations in ten states to prepare for the weather event season and potential catastrophic events. “Strategically expanding our presence helps meet demands for catastrophe (CAT) services in areas where our customers will most urgently need […]
Cambridge Automotive Group Donates $4500 for Children’s Miracle Network Hospitals
The Cambridge Automotive Group (CAG) recently donated $4500 to the Children’s Miracle Network Hospitals. The check was presented in Los Angeles on July 27. These funds will support the Children’s Hospital Los Angeles as a part of Maaco’s 45th Anniversary fundraising campaign. The Cambridge Automotive Group owns close to 40 Maaco locations in the Southwest.
Consumer Groups Call on NAIC to Disband Auto Insurance Working Group
Concerns regulators bowing to industry on data collection through third party. Consumer groups are calling on the National Association of Insurance Commissioners (NAIC) to disband its five-year old Working Group on Auto Insurance after the organization’s Auto Study Group following a decision over the weekend by the group to accept an industry plan covering data […]
Genpact Expands U.S. Claims Management Capability with Acquisition of OnSource
Genpact (NYSE:G) announced that it has acquired OnSource, provider of a leading Inspection-as-a-Service (IaaS) product for property and casualty (P&C) insurance carriers and their customers. This transaction builds upon Genpact’s recent acquisition of BrightClaim and National Vendor that has expanded the company’s U.S. claims management capabilities. Terms of the deal are not disclosed. OnSource uses […]
Fix Auto USA Launches Workshop Series September 23-25
Fix Auto USA that based upon input from its franchise partners it will deviate from its traditional Fix Auto USA annual conference and launch its Workshop Series. The inaugural event will be hosted in Los Angeles, Calif. from September 23-25th. The invitation-only event focuses entirely on providing franchise partners and their senior staff with real-world […]
Saint-Gobain Acquires TekBond in Brazil
Saint-Gobain announced it has signed an agreement to acquire TekBond, the number two adhesives business in Brazil operating in the construction sector and on the automotive aftermarket. TekBond supplies a broad range of adhesives, sealants, sprays and masking tapes all over Brazil. Its offer is based on a detailed knowledge of the market and customers […]
Uni-Select Completes Acquisition of The Parts Alliance in the United Kingdom
Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, announced that it has completed the previously announced acquisition of The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom. As previously announced, the transaction in the amount of £205.0 million ($264.1 million) was fully funded with debt […]
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