Kia America has entered into an agreement to supply vehicle build data to LexisNexis Risk Solutions to help Kia owners across the U.S. potentially benefit from their cars’ advanced driver assistance systems (ADAS) when they shop for auto insurance. LexisNexis Vehicle Build provides data regarding ADAS features in Kia vehicles in order to help U.S. […]
WIN Accepting Pay It Forward Membership Applications
The Women’s Industry Network (WIN) started the ‘Pay-It-Forward’ campaign to allow current WIN members and non-members to purchase and gift a full 365-day WIN membership for a new member. This year’s campaign is all about sharing the value of WIN with others in the industry. By participating, donors can designate the yearly gift to go […]
Group 1 Automotive Acquires Prime Automotive Group Dealerships
Transaction includes 30 dealership locations and three collision repair centers in the Northeast. Group 1 Automotive, Inc. (NYSE: GPI), the automotive retailer with 188 dealerships located in the U.S., U.K., and Brazil, today announced an agreement to purchase substantially all the assets, including real estate, of Prime Automotive Group, headquartered in Westwood, Mass. In 2020, […]
Empire Auto Parts Opens Distribution Center in Georgia
Empire Auto Parts, a distributor of aftermarket collision repair parts for repair shops, announced the opening of their 5th distribution center and 2nd location in Georgia. Empire now operates 23 locations in 16 contiguous states. “It’s an exciting time for our whole team. We planned for months to get the new facility ready for distribution […]
CAPA Certifies More Than 128 Million Parts
The Certified Automotive Parts Association (CAPA), the independent non-profit standard-setting and certification organization for automotive crash parts, announced that it has certified more than 128 million aftermarket parts since 1990. Representative samples of the parts were tested and certified to CAPA’s standards by a third party, independent test laboratory. “For over 30 years, CAPA’s priority […]
SEMA Projects Alternative Power Vehicles to Account for 45% of U.S. Light Vehicle Sales by 2035
Despite projected growth, electric and hybrid powertrains currently represent only a small niche market for automakers and the specialty-equipment industry. Sales of alternative power vehicles, while currently representing just 5% of all U.S. light vehicle sales today, are expected to reach 45% by 2035, according to new SEMA market research. Eighteen of the top 20 […]
Cassie Brown Appointed Commissioner of Insurance in Texas
Texas Governor Greg Abbott has appointed Cassie Brown as the Commissioner of Insurance for a term set to expire on February 1, 2023. Cassie Brown of Austin has served as the Commissioner of Workers’ Compensation since June 2018. Previously, she served as is deputy commissioner for Regulatory Policy at the Texas Department of Insurance. In […]
Boyd Group Acquires First Collision Repair Center in Iowa
The Boyd Group Inc. announced the acquisition of a collision repair center in Ankeny, Iowa. This marks the Boyd Group’s entry into its 31st state in the U.S. This new Gerber Collision & Glass collision repair center operated as Smith’s Collision & Paint. Ankeny is a northern suburb of the state capital Des Moines and […]
Copart Reports Fourth Quarter Revenue Up Over 42%
Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter and year ended July 31, 2021. For the quarter, revenue, gross profit, and net income were $748.6 million, $357.5 million, and $256.0 million, respectively. These represent an increase in revenue of $223.0 million, or 42.4%; an increase in gross profit of $107.1 million, or 42.7%; and […]
Women in Auto Care Awards Over $175,000 in Scholarships and Tools in 2021
Women in Auto Care, a community of the Auto Care Association, awarded more than $175,000 in scholarship funding and starter tool sets to 63 female students across the United States looking to have a career in the auto care industry. The group’s scholarship program began in 2004 and has grown to awarding over $100,000 for […]
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