Garnett Station Partners, LLC, a New York-based principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages approximately $1 billion of assets, today announced it has made a growth investment into VIVE Collision a collision repair multi-site operator. Financial terms of the transaction were not disclosed. Founded in 2021 by Vartan […]
Massachusetts Attorney General Seeks to Reopen Trial Evidence in Right to Repair Case
AG Healey says new evidence has come to light that vehicle manufacturers can limit telematics services to comply with Commonwealth’s voter-approved law. On October 22, Massachusetts Attorney General Maura Healey filed a motion to reopen evidence in the lawsuit brought by the Alliance for Automotive Innovation against the Commonwealth’s enhanced Right to Repair law that […]
Group 1 Automotive Acquires Prime Automotive Group Dealerships
Transaction includes 30 dealership locations and three collision repair centers in the Northeast. Group 1 Automotive, Inc. (NYSE: GPI), the automotive retailer with 188 dealerships located in the U.S., U.K., and Brazil, today announced an agreement to purchase substantially all the assets, including real estate, of Prime Automotive Group, headquartered in Westwood, Mass. In 2020, […]
Interview: Lucky Papageorg on Collision Repair Labor Rates in Massachusetts
AASP/MA Executive Director details longstanding concerns with collision repair labor rates in the Commonwealth and legislative efforts to tie increases to inflation rate. In July, the Alliance of Alliance of Automotive Service Providers of Massachusetts (AASP/MA) reported on its latest efforts to address longstanding concerns by its collision repair facility members that labor rates haven’t […]
Vehicle Manufacturers’ Lawsuit Against Massachusetts Right to Repair Law Goes to Trial this Week
The Federal lawsuit by the association representing vehicle manufacturers that was filed in the U.S. District Court for the District of Massachusetts seeking to prevent the Commonwealth’s updated Right to Repair law from taking effect will go to trial this week. On November 3, 2020 more than 75% of voters in Massachusetts voted yes on […]
AASP/MA Explores NABR Labor Rate Research at Membership Meeting
On May 5, the Alliance of Automotive Service Providers of Massachusetts (AASP/MA) hosted a General Membership Meeting with guests Richard and Sam Valenzuela of National AutoBody Research (NABR), who provided an extensive update on how their company’s work with the association continues to result in realistic, statistically valid posted rate information for Massachusetts shops that […]
AASP/MA Position Statement Says Insurance Referral Contracts Are Detriment to Industry
The Alliance of Automotive Service Providers of Massachusetts (AASP/MA) has issued a mission statement and a position statement on insurance referral and “program” contracts to effectively communicate its offering to the auto body community and motoring public. AASP/MA’s position statement regarding insurance referral and “program” contracts is as follows: AASP/MA is a pro-consumer association representing […]
Massachusetts Towing Company Owner Sentenced for Tax Fraud and Evading Cash Transaction Reporting
The owner of a Revere, Mass. towing company was sentenced on charges of engaging in an under-the-table payroll fraud scheme that defrauded the government of more than $3.3 million. Gennaro Angiulo, 49, of Nahant and Saugus, was sentenced by U.S. Senior District Court Judge Douglas P. Woodlock to 42 months of probation with 18 months […]
Massachusetts Auto Dealer Pays $1 Million for Exploiting State Unemployment System During Pandemic
According to Commonwealth Attorney General, company encouraged furloughed employees who were collecting state unemployment benefits to work without pay. Massachusetts car dealer Colonial Automotive Group, Inc. has agreed to pay $1 million in penalties to settle claims that it took advantage of state unemployment benefits during the COVID-19 pandemic, Attorney General Maura Healey announced. Following […]
Crash Data in Four States Show 23% Fewer Accidents in September and October
Consumer groups reiterate call for state insurance commissioners to require auto insurance refunds in response to “staggering drop in accidents” due to pandemic. Auto crashes remain low according to new accident data published by the Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ). The groups said that ongoing reduction in pandemic-driven crashes […]
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