Focus Advisors report multiple shop operator expansion in the first half declined sharply compared to last year. Deal volume in the collision repair industry fell sharply in the first half of 2025, with acquisitions and opening at major consolidators down more than a third compared to 2024. The large national and regional MSO acquired or […]
Kinetic Opens Second San Francisco Bay Area Digital Repair Hub
Kinetic announced yesterday it opened a new digital repair facility in San Leandro, Calif. marking its second location in the San Francisco Bay Area. The facility provides calibration and repair services for vehicles equipped with advanced driver-assistance systems (ADAS), electric vehicles and other digitally complex cars. Kinetic uses artificial intelligence, computer vision and robotics technologies […]
Crash Champions Opens Eighth New Mexico Location
New facility is second location to open this year in Albuquerque. Crash Champions announced today it opened its eighth New Mexico facility, a newly outfitted 22,000 square foot shop in North Albuquerque. The new facility at 1624 Alameda Blvd. NW, marks the opening of Crash Champions’ second Albuquerque location this year. In January, the company […]
Nationwide Membership Program Launches to Help Drivers Pay Collision Deductibles
A new membership program launched yesterday promises to pay drivers’ collision deductibles up to $2,000 while helping them reduce insurance premiums. Deductify charges members $10.99 for $1,000 in deductible coverage to $19.99 per month for $2,000 of coverage for collision deductibles when accidents occur. The company says members can lower their annual insurance premiums by […]
Boyd Group Celebrates 1,000th Location Milestone
Boyd Group Services Inc. (TSE: BYD) celebrated achieving its 1,000th location milestone on August 28th at a community event at its Gerber Collision & Glass location in Murfreesboro, Tenn. Boyd announced its 1,000-location achievement when reporting its second quarter results earlier this month. “What an amazing accomplishment for our organization,” said Boyd Group President & […]
Hyundai Motor Group Boosts U.S. Investment to $26 Billion
Vehicle manufacturer plans steel mill, expanded production capacity and robotics facility through 2028. Hyundai Motor Group will invest $26 billion in the United States from 2025 to 2028, the South Korean vehicle manufacturer announced Monday, marking a $5 billion increase from its previous commitment. The investment will fund a new steel mill in Louisiana, expanded […]
VinFast Opens First California Dealership in San Diego
VinFast Auto (NASDAQ: VFS) opened its first California dealership in San Diego, marking the Vietnamese electric vehicle manufacturer’s latest expansion into the U.S. market and ending its direct-sales model in the state. The dealership, VinFast San Diego, is operated by Sunroad Automotive Group and offers the company’s two electric SUVs available in the United States: […]
Boyd Group Reports Second Quarter Sales Up Year over Year
Collision repair chain surpasses 1,000 locations while margins improve despite declining same-store sales. Boyd Group Services Inc. (TSE: BYD) reported sales of $780.4 million for the second quarter ended June 30, up 0.2% from $779.2 million in the same period last year. Same-store sales declined 2.1%, offset by $21.0 million in revenue from new location […]
General Motors Insurance Now Available in Florida
General Motors Insurance announced online that it is now available in Florida. With the addition, the total number of states where its auto insurance product is available grows to 18. In July, General Motors Insurance added three new states, including Arkansas, Colorado and Louisiana. General Motors Insurance is currently available in Alabama, Arizona, Arkansas, Colorado, […]
Salvato Adds Insurance Carriers Before Auction Launch Tomorrow
Salvato Inc. has signed two additional insurance carriers to its platform ahead of its first auction scheduled for August 7. The company operates a digital platform for total-loss vehicle management and auctions. The new carrier partnerships will increase the volume of salvage vehicles available through Salvato Auctions. Salvato’s TLX platform handles vehicle assignment, intake, lien […]
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