The U.S. Treasury Department and Internal Revenue Service (IRS) released guidance clarifying the tax treatment of expenses where a Paycheck Protection Program (PPP) loan has not been forgiven by the end of the year the loan was received. Since businesses are not taxed on the proceeds of a forgiven PPP loan, the expenses are not […]
AIA Canada Announces Support of the Vehicle Data Access Education Campaign
The Automotive Industries Association (AIA) of Canada announced its support for the Your Car. Your Data. Your Choice. campaign, adding to the movement focused on ensuring consumer access and control over car data. Your Car. Your Data. Your Choice. is an Auto Care Association and Automotive Aftermarket Suppliers Association (AASA) education initiative that engages car […]
NHTSA Seeks Public Comment on Automated Driving System Safety Principles
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) is seeking public comment on the potential development of a framework of principles to govern the safe behavior of automated driving systems (ADS) in the future. The advance notice of proposed rulemaking (ANPRM) was submitted to the Federal Register on November 19 and is […]
Classic Collision Acquires Seven Pride Auto Body Locations in Southern California
Classic Collision, LLC, the multi-site collision repair operator based in Atlanta, announced its expansion into the West Coast with the acquisition of all seven Pride Auto Body locations in Southern California. These are Classic Collision’s first locations in California. The Company now operates 54 centers in Georgia, Florida, Alabama, South Carolina, and California. Pride Auto […]
Boyd Group Acquires Collision Repair Center in Wisconsin
The Boyd Group Inc. announced the acquisition of a collision repair center in Oshkosh, Wisc. The new Gerber Collision & Glass repair center previously operated as Tony’s Auto Collision Center and has served the market from this location for 23 years. Oshkosh is located where the Fox River enters Lake Winnebago and is the county […]
General Motors Returns to Auto Insurance Business with OnStar Insurance
Vehicle manufacturer seeks to transform auto insurance new digital insurance experience with partner American Family. General Motors announced it was returning to the auto insurance business after more than a decade absence with the launch of Onstar Insurance. GM’s new insurance agency, OnStar Insurance Services, will be the exclusive agent for OnStar Insurance and the […]
Mark Sanders Named CEO at Caliber
Steve Grimshaw moves to Full Time Executive Chairman. Caliber announced that its current President and Chief Operating Officer, Mark Sanders, will succeed longtime CEO Steve Grimshaw effective January 1, 2021. Steve Grimshaw will move to full time Executive Chairman at this time. Sanders has spent his entire career in the automotive industry and joined Caliber […]
Classic Collision Acquires Six Collision Repair Centers in Georgia
Classic Collision, LLC announced its second multi-shop acquisition in the last two weeks with the acquisition of all six Elite Auto Collision locations in the Georgia market. Classic Collision now operates 54 centers in 5 states. Elite Auto Collision has served the Georgia market since 1994 and their customers have come to rely on their […]
Crash Champions Announces Four Collision Repair Center Acquisitions
Firm now has 50 locations in Central U.S. and California. Crash Champions, LLC announced the acquisition of French Davis Collision, Inc. in Missouri, Arnold’s Auto Body, Inc. in Iowa, Fred Rieser Auto Body, Inc. in Ohio, and Open 7 Days Auto Body, Inc. in California, strengthening its existing market presence in the greater Columbus (OH), […]
Fix Auto USA Adds First Collision Repair Center to Network in Oklahoma
Fix Auto USA announced it has entered its 13th state, Oklahoma, with the addition of Fix Auto Jenks in Tulsa. Oklahoma joins Ohio and Utah as new states to welcome the Fix Auto USA brand in 2020, following Minnesota and Idaho in 2019. Fix Auto USA also operates in Alaska, Arizona, California, Colorado, Illinois, Nevada, […]
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