On June 14, Automotive Service Association (ASA) board member Bob Wills and Washington, D.C., Representative Bob Redding joined with other automotive industry leaders at the Automobile Industry Tax Reform Listening Session at the White House. Gary Cohn, director of the National Economic Council, spoke to the group about the administration’s tax reform proposals. Wills and […]
Mitchell and Bosch Automotive Partner on Collision Repair Diagnostic System
Collaboration to deliver Mitchell Diagnostics System, a patent-pending collision repair diagnostic system, that combines an aftermarket scan tool with a workflow application to document pre- and post-repair scans. Mitchell today announced a collaboration with Bosch Automotive Service Solutions in North America to deliver the Mitchell Diagnostics system, designed specifically for the collision repair and automotive […]
Opus Group Acquires Autologic Diagnostics
The Opus Group AB (STO:OPUS)announced June 16 it has acquired Autologic Diagnostics (Holdings) Ltd, the UK-based automotive diagnostics firm. The purchase price is £8 million ($10.1 million) on a cash and debt free basis. Autologic had 2016 revenues of approximately £16.5 million ($20.8 million) with earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for non-recurring […]
Driven Brands Selects Medallia to Capture Customer Experience
Medallia, Inc. has partnered with Driven Brands, the parent of company of Maaco, Meineke, Take 5 Oil Change, CARSTAR and 1 800 Radiator, to capture customer feedback and provide insights tailored to each brand and franchise location. Driven Brands, headquartered in Charlotte, North Carolina, has more than 2,500 franchise locations. Medallia and Driven Brands partnered […]
BASF Opens Renovated Refinish Competence Center in Netherlands
BASF’s R-M brand announced the reopening of its completely renovated Refinish Competence Center in Maarssen, Netherlands on June 15. More than 100 R-M customers came to Maarssen to celebrate the opening. During the renovation, which began late last year and was ready at the beginning of this year, a new spraybooth with high panorama windows […]
Mitchell Artificial Intelligence Partner Tractable Secures $8 Million Investment
Tractable, a deep learning company specializing in computer vision, announced an $8 million Series A investment led by Ignition Partners, an enterprise tech-focused venture firm with offices in Silicon Valley and Seattle. Other investors include Zetta Venture Partners, a venture capital firm focused on artificial intelligence, as well as insurance industry leaders such as Andy […]
Boyd Group Acquires Collision Repair Center in Georgia
The Boyd Group Inc. announced the June 14, opening of a new Gerber-brand collision repair center in Greensboro, Ga., about 75 miles east of Atlanta. The center previously operated as Rodfathers Collision Center & Sales. “This location increases our presence in central Georgia and is well-situated in proximity to the busy Interstate 20 and U.S. […]
IAA Plans New Fort Worth Branch Opening in November
Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE:KAR), announced the construction of a new facility near Fort Worth, Texas. The new branch, scheduled to open in November 2017, is located north of the Dallas-Fort Worth area and complements IAA branches in Grand Prairie and Wilmer. This is the 16th IAA […]
J.D. Power Study Finds Premium Increases Become Sticking Point for U.S. Auto Insurance Customers
Rate increases due to increasing driving, claim frequency and severity impacting consumer price satisfaction. A combination of record numbers of miles driven, increased frequency and severity of collisions, and extreme weather has crimped U.S. auto insurer profitability, resulting in rate increases for 26% of customers and a strain on customer satisfaction. According to the J.D. […]
PPG Completes Paint and Coatings Facility in Lipetsk, Russia
PPG (NYSE:PPG) marked the opening of a €45 million ($49 million) paint and coatings manufacturing facility and commercial operation in the Lipetsk region of Russia on June 16. The site will provide about 200 total positions and produce about 25 million liters (6.6 million gallons) of coatings at full capacity. In addition to facilities for […]
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