LKQ Corporation (Nasdaq: LKQ) announced the appointment of Andrew Clarke to the Company’s Board of Directors as a new independent director, effective July 22. With the addition of Mr. Clarke, the LKQ Board will consist of ten members, eight of whom are independent. Clarke brings significant logistics, transportation, operations, and financial expertise, having most recently […]
PPG Reports Sales of $4.8 Billion in Second Quarter
Overall organic sales flat compared to last year, refinish down mid-single digits on comparison to record quarter in 2023. PPG (NYSE:PPG) reported net sales of $4.794 billion for the second quarter of 2024, down 2% from $4.872 billion in the second quarter last year. Net income was $528 million, up 8% from 490 million in […]
BBB Industries to Acquire All Star Auto Parts
BBB Industries, LLC, a manufacturer serving the automotive, industrial, energy storage, and solar markets, backed by Clearlake Capital Group, L.P., announced it has entered into an agreement to acquire All Star Auto Parts. Terms of the transaction, which is expected to close in the third quarter, were not disclosed. Clearlake Capital is not a newcomer […]
Roberlo Introduces UNIQCROM Premium Solvent-Based Basecoat System
The European car refinish coatings company Roberlo announced the introduction of UNIQCROM, its latest premium quality solvent basecoat paint systems. UNIQCROM has been launched in North America, with plans to expand over the coming months into other international markets in South America and Southeast Asia. The solvent-borne basecoat system is composed of 40 solid bases, […]
Justice Department and Federal Trade Commission Extend Public Comment Period on Serial Acquisitions, Roll-Up Strategies Across U.S. Economy
The Justice Department’s Antitrust Division and the Federal Trade Commission (FTC) announced they are extending the deadline for the public to comment on serial acquisitions and roll-up strategies that harm competition by 60 days. As CollisionWeek reported in May, the joint request for information (RFI) seeks to learn more about how corporate actors, including private […]
Ron Trozzo Named to Lead SCA Claims Services Auto Division
SCA Claim Services, the national independent auto firm announced the appointment of Ron Trozzo as the new Nationwide ADP Director for its Auto Operations division. Ron Trozzo brings 15 years of expertise in claims adjusting and collision management, further solidifying SCA’s dominance in the auto appraisal industry. As ADP Director, Trozzo will steer the company’s […]
Progressive Reports Personal Auto Policies in Force Up Nearly 10% in June
Premiums written up 22% in the second quarter year-over-year. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 21,541,600 in June, an increase of over 1.8 million or 9.6% from 19,658,300 in June 2023. June’s policies in force represent an increase of 290,000 or 1.4% from 21,252,100 in May. […]
CSN Collision Adds Repair Facility to Network in Maryland
CSN Collision announced that Purnell Body Shop, located in Elkton, Md., has joined its network. Established in 1954 by George Purnell, the shop was originally a three-man operation that has since expanded. The current owner, David Coleman, joined Purnell Body Shop in 1984, purchasing it in 1994, and has led it to its present success. […]
Car ADAS Solutions Announces First Licensee in Las Vegas
Car ADAS Solutions announced the grand opening of Master ADAS, its first ADAS calibration center in Las Vegas, Nev. Owners Tanner Scott, Cam Scott, and Aja Domingo are proud to unveil their first calibration center. The decision to set up a location in Las Vegas was driven by market research and a clear vision of […]
Women in Auto Care Achieves Record-Breaking Scholarship Distribution
Women in Auto Care, a community of the Auto Care Association, has distributed a total of 81 awards, combining cash scholarships and toolkits, with an unprecedented value of $425,000. These awards serve as a powerful investment in the aspirations of female students across the United States, nurturing their interest in pursuing careers within the automotive […]
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