Delayed franchise disclosure documents are holding back openings in the segment that includes CARSTAR, Abra and Fix Auto USA. Driven Brands Holdings Inc. (NASDAQ: DRVN), the parent company of collision repair networks CARSTAR, Abra and Fix Auto USA and paint franchise Maaco, said Nov. 3 that it will restate its financial statements for fiscal 2023 […]
Driven Brands Collision Group Sets Feb. 9-11 Resilience 2027 Conference in Chicago
Abra, CARSTAR and Fix Auto USA franchise partners will return to the Hilton Chicago for the network’s annual U.S. conference. Driven Brands Collision Group will hold its annual U.S. collision repair conference, branded Resilience 2027, Feb. 9-11 at the Hilton Chicago, the company announced Oct. 27. The three-day conference is the annual gathering for the […]
Fix Auto USA Franchisee Efrain Perez Opens Third Location in South Salt Lake, Utah
Fix Auto USA franchisee Efrain Perez has opened Fix Auto South Salt Lake, his third location in the network, at 3218 S. West Temple St. in South Salt Lake, Utah. Fix Auto USA, part of Driven Brands Collision Group, announced the opening Oct. 13. Perez entered the network in 2023, when Fix Auto USA added […]
Auto Glass Now Launches $1 Customer Donation Program Supporting Children’s Hospitals
Auto Glass Now, the Driven Brands auto glass repair, replacement and calibration chain, announced Aug. 26 a nationwide fundraising program that lets customers add a $1 donation for children’s hospitals when paying for service or requesting a quote online. Donations are collected through the Auto Glass Now Foundation, a division of the Driven Brands Charitable […]
Driven Brands Reports Second Quarter Revenue of $507.4 Million
Company says collision network outperforms a soft repair industry by about 200 basis points while Maaco stays under pressure. Driven Brands Holdings Inc. (NASDAQ: DRVN), the parent company of collision repair networks CARSTAR, Abra and Fix Auto USA and paint franchise Maaco, on Aug. 6 reported second quarter revenue increased 6.8% to $507.4 million, with […]
Driven Brands Board Rejects ADW Capital’s $18 Per Share Buyout Proposal
The board of Driven Brands Holdings Inc. (NASDAQ: DRVN) unanimously rejected an unsolicited $18 per share cash proposal from activist investor ADW Capital Management LLC, the company announced Aug. 3, calling the offer highly conditional and short of the company’s value. Driven Brands is the parent of collision repair networks CARSTAR, Abra and Fix Auto […]
Fix Auto USA Opens Ontario, California Location
Fix Auto USA opened a new collision repair facility in Ontario, Calif., co-owned by Selvi Rizk-Menard, a two-time Fix Auto USA Franchisee of the Year, and Erick Bickett, a co-founder of the franchise network. The center, at 4930 Vanderbilt St. in Ontario, marked the launch with a grand opening event that drew about 100 attendees. […]
Driven Brands Reports First Quarter Revenue of $484.4 Million
Sees collision repair industry stabilizing in 2026. Driven Brands Holdings Inc. (NASDAQ: DRVN), the parent company of collision repair networks CARSTAR, Abra and Fix Auto USA and paint franchise Maaco, on June 11 reported first quarter 2026 revenue increased 8% to $484.4 million, with same-store sales up 2.1% across the company’s portfolio. The report marks […]
Driven Brands Issues Preliminary 2025, Q1 2026 Results
Receives Nasdaq deficiency dotice on delayed 10-K. Driven Brands Holdings Inc. (NASDAQ: DRVN) on April 21 disclosed preliminary unaudited financial results for the fourth quarter and fiscal year ended Dec. 27, 2025, and for the first quarter ended March 28, 2026, and said it has received a Nasdaq deficiency notice tied to its delayed annual […]
AIA Canada Names Three New Directors, Installs Fountain Tire CEO as Chair
The Automotive Industries Association of Canada elected three new directors to its board and installed Fountain Tire CEO Jason Herle as chair during the association’s 84th annual general meeting, held virtually April 16. The incoming directors are Daryll O’Keefe, vice president of North American strategic business development at Fix Network; Sabrina Thring, brand president of […]
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