More than 80 percent of respondents report part supply issues on GM vehicles attributed to UAW strike. Collision repair facility operators across the U.S. are reporting they have experienced parts delivery delays on General Motors vehicles that have been attributed to the ongoing strike between the manufacturer and the UAW that began on September 16. […]
Genstar Capital Completes Acquisition of OEConnection
OEConnection LLC (OEC) and Genstar Capital announced they have finalized the deal for Genstar to acquire a majority stake in OEC from Providence Equity Partners that was announced in August. Current investors, Ford Motor Company and General Motors, will each retain their minority investments in the Company. Financial terms of the transaction were not disclosed. […]
General Motors Working to Alleviate Strike Impact on Collision Repair Parts Supply
General Motors, whose workers represented by the United Auto Workers union that initiated a strike on September 16, is working to alleviate parts supply concerns impacting the the auto service and collision repair industry. In response to our questions about the impact of the strike on collision repair parts supplies, a GM spokesperson explained that […]
Boyd Group Currently Sees No Meaningful Impact on Parts Supply from GM Strike
Warns prolonged strike could disrupt parts supply. The Boyd Group Income Fund (TSE: BYD.UN) yesterday commented on the potential impact of a prolonged General Motors (GM) labor strike on parts supplies.. “To date, the Strike has had no meaningful impact on our ability to source GM collision parts required to complete collision repairs on GM […]
GM Debuts Digital Vehicle Platform with Increased Bandwidth and Cybersecurity on Cadillac CT5
Will be installed on most GM vehicles globally by 2023. General Motors President Mark Reuss debuted the company’s all-new electronic platform necessary for its next-generation of vehicles, EVs, active safety, infotainment and connectivity features, and the evolution of the Super Cruise driver assistance feature. These and many other advancements are central to GM’s vision for […]
General Motors and University of Michigan Detail Automated Safety Features Crash Prevention Performance
Analysis of accident reports in 10 states show significant reduction in collisions on vehicles with installed GM safety tech. General Motors and the University of Michigan Transportation Research Institute (UMTRI) released details of a study of the performance of collision avoidance technology on GM’s 2013-2017 product line. The results show that several of these features […]
EPA Recognizes GM for Green Power Use
General Motors has earned a spot on the U.S. Environmental Protection Agency’s National Top 100 List of the largest green power users from the Green Power Partnership. Ranked No. 29, GM is the only automotive company on this list. GM is also No. 6 on the GPP’s Top On-Site Generation list and No. 14 on […]
GM Opens $65 Million Parts Processing Center in Michigan
General Motors Co. (NYSE: GM) opened a new ACDelco and GM Genuine Parts processing center in the Flint, Michigan, suburb of Burton. The facility will employ more than 800 hourly and salaried employees. The 1.1 million-square-foot plant, located on 141 acres on Davison Road, is triple the size of the facility in Burton that it […]
Genstar Capital Acquires Majority Stake in OEConnection
OEConnection LLC (OEC) Providence Equity Partners L.L.C. and Genstar Capital, announced an agreement for Genstar to acquire a majority stake in OEC from funds advised by Providence. As part of the transaction, current investors Ford Motor Company and General Motors will each retain their minority investments in the Company. Financial terms of the transaction were […]
Mitchell Announces Partnership with Drew Technologies for OEM Collision Repair Scanning
Enhancements from Drew extend Mitchell Diagnostics with new MD-OEM option. Approved for use in GM Collision Repair Network. Mitchell today announced a partnership with Drew Technologies, an Opus IVS Company, under which Drew Technologies scanning and diagnostic technology and services will be available via the Mitchell Diagnostics (MD) system. The new enhancements offer vehicle scanning […]