Hunter Engineering announced the introduction of Hunter University, its new global learning platform designed for easily accessible training for customers, technicians, technical school instructors, students and any other interested parties. The platform collects all of Hunter’s extensive learning content in a single place, offering dozens of free online courses worldwide, as well as streamlined registration […]
Maaco in Longwood, Florida Under New Ownership
Maaco announced that Maaco Longwood, located in Longwood, Fla., will now be owned and operated by Justin DePasquale, owner of Maaco Fort Myers, and Pete Huber, Maaco’s former regional director of operations turned franchisee. Since 1985, Maaco Longwood has provided its surrounding community with top-tier collision repair, personalized paint work, and premier customer service. For […]
Average Age of Vehicles in the U.S. Hits Record 12.6 years in 2024
Vehicles on the road are getting even older, according to S&P Global Mobility. The average age of cars and light trucks in the U.S. has risen again to a new record of 12.6 years in 2024, up by two months over 2023, according to new analysis. Increase in average age is showing signs of slowing […]
Department of Energy to Sell Northeast Gasoline Supply Reserve to Reduce Prices at Start of Summer Driving Season
The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced May 21 a solicitation for the sale and liquidation of 1 million barrels (42 million gallons) of gasoline in the Northeast Gasoline Supply Reserve (NGSR). This solicitation is strategically timed and structured to maximize its impact on gasoline prices, helping to lower prices at the pump […]
Axalta Announces Partnership with Solera on Sustainability
Axalta’s conventional and Fast Cure Low Energy (FCLE) refinish paint systems to be integrated with Solera’s Sustainable Estimatics platform. Axalta (NYSE: AXTA) today announced a partnership with Solera that will help collision repair and refinish customers estimate their CO2 emissions. Through this partnership, Axalta’s conventional and Fast Cure Low Energy (FCLE) refinish paint systems will […]
PPG to Build New Automotive Paint and Coatings Manufacturing Facility in Tennessee
New facility as part of $300 million investment in advanced manufacturing in North America. PPG (NYSE: PPG) today announced it will invest $300 million in advanced manufacturing in North America to support increased demand for paints and coatings in the automotive industry. These investments will commence in 2024 and span a four-year period. As part […]
Subaru to Build New Business Center, Expands Parts Distribution Center and Training Center in Dallas-Fort Worth Market
Subaru of America, Inc. today shared plans to expand its operations in the Dallas-Fort Worth area and grow its workforce by relocating its Central Region office and establishing a new customer support center in Coppell, Texas. The automaker’s new Dallas Business Center will be co-located with its existing distribution and training facility as part of […]
AirPro Diagnostics Named Preferred Supplier to the Fix Network
AirPro Diagnostics has entered into an agreement with Fix Network to supply its franchisees with diagnostics and ADAS calibrations technologies. “Having watched Fix Network grow to become a global leader in the automotive aftermarket sectors with more than 2,000 points of service globally, we are excited to support the efforts of the Fix Network brands […]
Clay Creasey Named Interim CEO at AAA Northern California, Nevada & Utah
AAA Northern California, Nevada & Utah (AAA NCNU), which has over six million Members in Northern California, Arizona, Nevada, Utah, Montana, Wyoming, and Alaska, announced that Clay Creasey has been appointed by the Board of Directors to the role of interim CEO effective immediately. “Clay is the right leader to step in as interim CEO […]
Focus Advisors Reports Private Equity Investments in Collision Repair Surge
In guest article, David Roberts, Founder and Managing Director, Focus Advisors Automotive M&A, details recent activity, predicts more private equity firms will enter industry. In the last five months, more than $9 billion in capital has been invested into the collision repair industry by private equity firms. The biggest chunk of this new capital was […]
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