Nationwide, the insurance and financial services company is making a venture capital investment in Foretellix, a platform provider automating the testing, verification, and validation for automated driving systems, both ADAS and AV, and ensuring safety. The investment is part of the Israel-based company’s Series B funding round and comes from Nationwide’s $350 million venture capital […]
Subaru Issues Do Not Drive Notice and Recall on Over 800 MY21 Impreza Vehicles Over Control Arm Weld Failure
Subaru of America has issued a do not drive notice and recall on select Model Year 2021 Impreza vehicles. This notice and recall involves 802 Model Year 2021 Impreza vehicles. A lower control arm weld on the front driver’s side may fail on affected vehicles. If this happens, the tire could contact the wheel well, […]
Pennsylvania Maaco Owner Retires After 46 Years
As the 112th franchisee of Maaco, Alan Troutman started his journey with Maaco back on July 16, 1975, at his shop in Bethlehem, Pa. Exactly 46 years later to-the-day he officially hung up his Maaco shirt and is excited to start his next chapter. Troutman s tarted his journey with Maaco after he was […]
Consumer Sentiment Plunged in August Due to Inflation, Pandemic Concerns, Emotions
Index falls below last year’s low when the pandemic first hit. Consumer sentiment fell in August by 13.4% from July after respondents reported the least favorable economic prospects in more than a decade, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 70.3 in August 2021, sharply below the […]
Certified Collision Group Announces Strategic Partnership with Elitek for Collision Repair Diagnostic Solutions
Certified Collision Group (CCG) announced a partnership with Elitek Vehicle Services, an LKQ Corporation company, to better serve the diagnostic needs of its more than 575 independent collision repair affiliates in 39 states. “We are thrilled to expand our partnership with LKQ with the addition of Elitek,” said Marty Evans, CCG’s Chief Operating Officer. “This […]
IAA Announces 2 New Branches and Branch Expansion on East Coast
East Coast capacity increasing to support catastrophe-prone areas. IAA, Inc. (NYSE: IAA) announced it broke ground on two new state-of-the-art branches in Maryland and New York, as well as an expansion in the Long Island, NY area. IAA Elkton (MD) will become the fifth branch in Maryland. IAA Monticello (NY) will support the Hudson Valley […]
Spanesi Announces it Withdraws from the 2021 SEMA Show, SATA/Dan-Am Report Smaller Booth Due to COVID Uncertainty
Spanesi SpA and Spanesi Americas, Inc. announced they have decided to remove the Spanesi exhibit from the 2021 SEMA Show. SEMA, the automotive industry’s premier event, is scheduled from November 2-5, 2021, in Las Vegas, Nev. “Out of an abundance of caution for the health and safety of Spanesi’s customers, distributors, business partners, and staff, […]
Thomas Deacon Named National Sales Director, Brian Evces Named National Director of Strategic Accounts at AirPro Diagnostics
AirPro Diagnostics announce the addition of two industry veterans to its leadership team with the appointment of Thomas Deacon as National Sales Director and Brian Evces as National Director of Strategic Accounts. Deacon is a graduate of Ohio State University with a degree in Business Administration-Finance and spent 29 years as owner/operator at his family-owned […]
Crash Champions Acquires Two Collision Repair Centers in Idaho
Acquisition marks entry into the state. Crash Champions, LLC announced today the acquisition of two collision repair centers serving both the Spokane, Wash. and Coeur d’Alene, Idaho metropolitan areas. The acquisition of the two Coachman Auto Body locations marks Crash Champions entry in the Idaho market.This transaction provides Crash Champions with entry to the economic […]
ProColor Collision Adds Collision Repair Center to Network in Los Angeles
ProColor Collision announced the newest collision repair shop location to join its network in the United States, opening in a bustling Los Angeles neighborhood. Formerly known as Lucky Auto Body and Repair Shop, ProColor Collision Los Angeles – Downtown West is located in Koreatown and reflects owner-operator Mark Kim’s ambition to offer the most advanced collision […]
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