Announces Agreement to Acquire Germany-based Stahlgruber GmbH LKQ Corporation (NASDAQ:LKQ) announced an agreement to acquire Stahlgruber GmbH from Stahlgruber Otto Gruber AG for an enterprise value of approximately €1.5 billion ($1.77 billion). Headquartered in Germany, Stahlgruber is a leading European wholesale distributor of aftermarket parts, body repair supplies, tools, capital equipment and accessories with operations […]
BASF Opens Automotive Coatings Plant in China
BASF’s Coatings division today inaugurated a new, world-scale automotive coatings plant at the Shanghai Chemical Industry Park (SCIP) in Caojing, Shanghai, China. The €140 million ($165.1 million) project is an extension of the existing automotive coatings plant, a joint venture between BASF and Shanghai Huayi Fine Chemical Co., Ltd. This expansion will further enhance the […]
Fix Auto Canada Adds Collision Repair Center to Network in Brantford
Fix Auto Canada announced the addition of a new collision repair center to its network in Brantford, Ontario. Joe Piercey, owner of the brand new, state-of-the-art 7,500 square foot facility has over 30 years in the collision industry and three years as a shop owner. “Fix Auto is the only Canadian owned and operated collision […]
FTC Challenges Merger of Titanium Dioxide Companies
Agency alleges that combining Tronox Limited and Cristal would reduce competition for white pigment used in paint and other products. The Federal Trade Commission issued an administrative complaint challenging the merger of two top suppliers of chloride process titanium dioxide (TiO2), a white pigment used in a wide variety of products including paint, industrial coatings, […]
FCA Opens New Parts Distribution Center in Detroit
FCA US LLC officially opened a new 500,000-square-foot Mopar Parts Distribution Center (PDC) in metro Detroit, marking the second new Mopar PDC to open in the U.S. this year. The Romulus, Mich., facility employs more than 100 workers and represents an investment of $10.4 million by FCA US. With an additional PDC opened earlier this […]
Indiana Autobody Association Donates to Hoosier Hills Career Center Collision Repair Program
The Indiana Autobody Association (IABA) donated $500 to Hoosier Hills Career Center on Monday, November 21 at its Bloomington, Ind. chapter meeting. Debbie Moore, of Diamond Collision and IABA Treasurer along with IABA Board Member Max Bland, of Minton Body Shop, presented a $500 check to Hoosier Hills Career Center’s Collison Repair program. The Director […]
nuTonomy and Lyft Launch Boston Self-Driving Pilot
nuTonomy and Lyft announced a pilot in Boston’s Seaport district where Lyft passengers can experience self-driving rides in nuTonomy vehicles . As the pilot progresses, select Boston passengers in Seaport area will be matched with nuTonomy self-driving vehicles when they request rides through the Lyft app. The nuTonomy partnership with Lyft has two goals: First, […]
Fix Auto China Announces Partnership with People’s Insurance Company
Fix Auto announced the signing of a partnership agreement between Fix Auto China and the People’s Insurance Company of China (PICC), effective November 27. The agreement was announced during a signing ceremony held at Fix Auto China’s first annual national conference in Suzhou on November 27-28. In attendance were approximately 200 delegates, including notable guests […]
Service King Opens Collision Repair Center in Houston
Service King Collision Repair Centers announced the opening of a new Houston, Texas location. The repair center officially opened for business yesterday, at 8943 Gulf Frwy. in Houston.. With the new repair center, Service King grows to 23 Houston locations and a total of 334 locations in 24 states across the U.S. The Richardson, Texas-based […]
Carolinas Collision Centers Opens Location in Chapel Hill, N.C.
Carolinas Collision Centers announced the opening of their collision repair center located at 1705 Legion Rd. in Chapel Hill, N.C.. The new facility is located 2 miles south of I-40 just off Fordham Blvd. (US 15-501) near the University of North Carolina. “We are honored to now be able to better service the collision repair […]
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