Driven Brands Holdings Inc. (NASDAQ:DRVN) announced the acquisition of Florida-based K&K Glass. Driven Brands’ fifth U.S. automotive glass acquisition will be reported in its Paint, Collision, and Glass segment. “We were proud to kickstart our entry into the U.S. automotive glass market with the acquisition of Auto Glass Now,” said Michael Macaluso, EVP and paint, […]
US Light Vehicle Sales Fell by 13% in June Compared to 2021
Sales have declined by 1.5 million units in the first half of 2022 from last year. As OEMs continue to struggle to build enough vehicles to meet demand, US Light Vehicle sales fell by 13% YoY in June, according to LMC Automotive, the automotive forecasting and market intelligence firm and GlobalData company. June volumes added […]
Elephant Insurance Extends Relationship with CCC
CCC Intelligent Solutions today announced Elephant Insurance will extend its use of CCC technology to include its AI-powered, digital claims solutions. Specifically, Elephant will leverage CCC’s technology to help digitize and further transform total loss resolution, advancing the insurer’s ability to deliver straight-through processing across the claims experience. “Today’s drivers expect a seamless digital process […]
Auto Care Alliance Encourages Members and Industry to Support Federal Right to Repair Act
The Automotive Care Alliance has agreed to support the ‘Right to Equitable and Professional Auto Industry Repair (REPAIR) Act’ H.R. 6570. According to the supporters, the legislation will ensure the preservation of consumer choice, a fair marketplace and the continued safe operation of the nation’s 288 million registered passenger and commercial motor vehicles, 70% of […]
Repairify Acquires Automotive Training Group
ATG provides live and virtual training in all 50 states and globally. Repairify, Inc., a portfolio company of Kinderhook Industries, LLC, announced today the acquisition of Automotive Training Group (ATG) a technical training company. With live and virtual classes offered in all 50 states and internationally, ATG is dedicated to automotive professionals by offering highly […]
Service King Opens Collision Repair Center in Chicago
Service King Collision announced the opening of a new collision repair center at 2738 West Fulton St. in Chicago, Ill. Located just east of Garfield Park, the 22,000-square-foot collision repair center is Service King’s 35th facility in Illinois. “We’re proud to introduce our industry-leading auto repair services to Chicago and its surrounding communities,” said Service […]
AkzoNobel Acquires Lankwitzer Lackfabrik’s Aluminum Wheel Liquid Coatings Business
AkzoNobel announced an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. Completion, which is subject to regulatory approvals, and expected before the end of 2022. Lankwitzer’s Rims and Wheel business operates out of a manufacturing site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, […]
Parts Authority Acquires National Autobody Parts Warehouse
Parts Authority announced they have acquired National Autobody Parts Warehouse, Inc., headquartered in Grand Prairie, Texas. The transaction was finalized on July 01, 2022. National Autobody Parts Warehouse, Inc. opened its doors over 28 years ago. Today, they are one of the largest suppliers of collision repair parts in Texas, servicing all of Texas, most […]
Australia Right to Repair Law Takes Effect
Associations laud a new era for the automotive service and repair industry. Independent repair facilities across Australia are starting a new chapter July 1 thanks to a new law that promotes a fair and level playing field in the automotive service and repair industry, and ensures consumers have a choice of repairer. As of July […]
Collision Repair Students Receive Nearly $150,000 in Scholarships and Tool Grants
Industry support facilitated by Collision Repair Education Foundation benefits 52 students. The Collision Repair Education Foundation (CREF) announced the 52 recipients of its 2022 Scholarships and Tool Grants, funded through the generosity of a multitude of industry partners – both small and large. With the industry’s support, CREF funded nearly $150,000 in 2022 scholarships and […]
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