CAN YOU BELIEVE THIS?! – CRM 20#1

SCRAP STARS The auto recycling industry is finally getting some of the star power it deserves as YouTube-based “picking” show “Totaled Treasure” released its second episode in late-December. Styled in a similar vein to shows like “Canadian Pickers” and “Storage Wars”, “Totaled Treasure” follows Vince Edivan and Aaron Stone as they travel across America visiting […]

OEM NEWS – CRM 20#1

NEW YEAR, NEW LOGO Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The logo is a representation of Kia’s new brand identity and the values it promises to offer customers, through future products and services, a great experience. The unbroken line is […]

TECHNOLOGY NEWS – CRM 20#1

BIG BLUE AsTech, a portfolio company of Kinderhook Industries, announced its acquisition of the “BlueDriver” diagnostic tools and services. BlueDriver is a leading provider of direct-to-consumer aftermarket diagnostics scan tools and services. The company represents the ninth add-on acquisition for asTech and Kinderhooks’ 99th automotive-related transaction. The BlueDriver diagnostic tool is able to match vehicles, […]

INSURANCE NEWS – CRM 20#1

POOF GO THE PREMIUMS Manitoba drivers are projected to see auto insurance premiums drop by an average of 8.8 per cent in the coming months. In early December 2020, the Public Utilities Board (PUB) approved MPI’s request, which averages out to a savings of more than $100. The corporation had begun turning over more money […]

INDUSTRY NEWS – CRM 20#1

FEELING BLUE BASF has released its 2020 Colour Report where the global paint and coatings giant showed off the most popular paint colours of the past year. The report covered trends reported from four distinct automotive markets: Europe, Middle East and Africa (EMEA); as well as North America, Asia Pacific and South America. According to […]

Business News – CRM 20#1

DRIVEN TO MARKET Driven Brands, the owners of CARSTAR, Maaco, Meineke, Fix Auto USA and several other auto service companies, is looking to raise up to $760 million through an initial public offering (IPO)—which would value the company at about $3.4 billion (all figures in USD). Driven Brands plans to sell 38 million shares of […]