Largest collision repair organization in the U.S. takes first step toward public offering of stock. Caliber Holdings Inc. announced Friday that it has confidentially submitted a draft Form S-1 registration statement for review by the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A common stock. According to […]
Classic Collision Acquires Louisiana Repair Facility
Classic Collision LLC acquired Auto Craft Inc., a collision repair shop in Gretna, La., the Atlanta-based company announced Friday. Auto Craft has operated in Gretna for 49 years as a family-owned business. Classic Collision, founded in 1983, operates 341 collision repair facilities nationwide and ranks among the largest privately held auto body repair providers in […]
Auto Care Association Schedules August 12 Tariff Policy Webinar
The Auto Care Association will host a webinar on U.S. trade and tariff policy August 12 from 1-2 p.m. (EDT). The session, titled “Tariffs and Trade Update,” will cover current policy developments, regulatory updates and enforcement actions. The association said the webinar will also address potential upcoming changes to trade policy. More information and registration […]
SEMA Awards $99,500 in Scholarships and Loan Forgiveness to 50 Recipients
The Specialty Equipment Market Association awarded $99,500 in scholarships and loan forgiveness to 50 students and recent graduates pursuing automotive industry careers. The recipients include current students and employees of SEMA-member companies. The awards are distributed through the SEMA Memorial Scholarship Fund, which has awarded more than $3 million since 1984. “This year’s scholarship recipients […]
New-Vehicle Retail Sales Projected Up 4.1% for July
Consumer spending to set record for month with $49.8 billion spent on new vehicles. New-vehicle retail sales for July 2025 are projected to reach 1,159,500, a 4.1% increase from July 2024 according to a joint forecast from J.D. Power and GlobalData. Comparing the same sales volume without adjusting for the number of selling days translates […]
BASF Reported Launching Next Round of Bidding for Coatings Business
A smaller group of potential acquirers expected to participate next month. The sale of BASF’s coatings business is moving to the next round of offers from a short list of bidders in August according to a report in Bloomberg. According to the report, based upon anonymous sources familiar with the matter, AkzoNobel and several private […]
US-Japan Trade Deal Sets 15% Tariff Rate, Promises Market Access for Auto Industry
New agreement reduces planned tariff increases while securing Japanese investment and expanded export opportunities. The Trump administration announced a comprehensive trade agreement with Japan on July 23, establishing a 15% baseline tariff rate on Japanese imports and securing what officials describe as the largest foreign investment commitment in U.S. history. The deal directly impacts the […]
Illinois Instructor Recognized by ASE Education Foundation
Ken Kunz, an automotive instructor at Waubonsee Community College in Sugar Grove, Illinois, received the 2025 ASE Education Foundation Instructor of the Year Award at the ASE Instructor Training Conference this week. Kunz developed Waubonsee’s Automotive Technology Program over his 30-year career at the college. The program has produced more than a dozen graduates who […]
Honda Launches Insurance Business
Licensed insurance agency will provide coverage options for autos, motorcycles, homes and other coverage across the U.S. American Honda Motor Co. launched Honda Insurance Solutions, a licensed insurance agency offering coverage for auto, motorcycle, home and other products to Honda and Acura customers. The vehicle manufacturer announced the initiative Thursday, marking its entry into the […]
I-CAR Launches National Apprenticeship Program to Address Collision Repair Technician Shortage
The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the official launch of its national Registered Apprenticeship Program for the collision repair industry, marking the organization’s latest effort to address widespread technician shortages. The two-year structured training program combines paid on-the-job learning with technical instruction and leads to a nationally recognized credential from the U.S. […]
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