Private equity firm also owns Service King Collision Repair Centers Australia’s AMA Group (ASX:AMA) announced today that it will sell its collision repair business to the U.S. private equity firm Blackstone for AU$508 million ($395.4 million) and spin off its automotive component and accessory (ACAD) business into a new company that will remain listed on […]
Investcorp Acquires Aftermarket Collision Repair Parts Distributor KSI Trading Corp
Investcorp announced its recent acquisition of KSI Trading Corp. (KSI), a supplier of aftermarket collision repair parts in the U.S. The terms of the transaction were not disclosed. Founded in 1984, KSI services over 10,000 collision repair shop customers across 25 locations in 14 states. Headquartered in South Plainfield, New Jersey, KSI has over 600 […]
Fix Auto Canada Adds Collision Repair Center to Network in Alberta
Fix Auto Canada announced a new location added to its collision repair network in High River, Alberta. This new location owned by Bill and Nancy Wilkison, is new to the network but not to the community having served local residents in the area for 25 years. “I’ve always enjoyed repairing vehicles and making them perfect,” […]
Mercedes-Benz USA to Pilot Vehicle Subscription Service in Nashville and Philadelphia
Subscription includes insurance and maintenance Mercedes-Benz USA and Mercedes-Benz Financial Services USA LLC announced that they will launch Mercedes-Benz Collection, a luxury vehicle subscription service which allows customers to switch in and out of vehicles depending on their needs or lifestyle. In partnership with Mercedes-Benz dealers, the service will launch in June as a pilot […]
NAIC Unveils Distracted Driving Awareness Campaign
The National Association of Insurance Commissioners (NAIC) announced the launch of Keep the Road Code, a new campaign that focuses on preventing distracted driving. April is distracted driving awareness month. “We know that there has been a significant increase in distracted driving accidents and fatalities since 2008,” said Julie Mix McPeak, NAIC President and Tennessee […]
FTC Campaign to Help Small Businesses Strengthen Cyber Defenses
The U.S. Federal Trade Commission (FTC) is launching a national education campaign to help small businesses strengthen their cyber defenses and protect sensitive data that they store. The FTC will develop and distribute reader-friendly educational materials with information about cybersecurity that small businesses need. The effort grew out of the Small Business & Cybersecurity Roundtables […]
WMABA Golf Outing May 16
The Washington Metropolitan Auto Body Association (WMABA) will hold its 2018 Annual Golf Outing at the Heritage Hunt Golf & Country Club in Gainesville, Virginia on Wednesday, May 16 at 1:30 p.m. The event raises funds for the local Jerry Dalton Memorial Education Fund. “We are happy to announce our popular golf outing’s date for […]
Chief and Celette Announced Agreement on Heavy-Duty Collision Repair Solutions
Chief to distribute Celette equipment in North and South America, China Chief has reached an agreement with Celette France SAS for Chief to distribute Celette heavy-duty truck collision repair equipment in North America, South America and China. “As truck manufacturers modernize their manufacturing methods and incorporate new materials and technology in their vehicles, collision repair […]
Former iATN President Launches Diagnostic Network
New community for automotive, collision repair, and heavy-duty industry professionals Scott Brown, former president of the International Automotive Technicians Network (iATN) publicly announced his new venture, Diagnostic Network, a community built by and for professional technicians. Launching Late Q2, 2018, Diagnostic Network is a next-generation community platform designed to enable successful repair of modern vehicles […]
Refinish Distributors Alliance Reports Record Attendance at Spring Conference
The Refinish Distributors Alliance (RDA) announced that its Spring Membership Meeting, held March 21st- 23rd at the Embassy Suites Downtown Denver Colo. had record turnout, which included RDA members, manufacturer partners, and guests. The meeting opened with round table discussions followed by a welcome reception at Stout Street Social. The next day, everyone enjoyed the […]
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