
LKQ replaces CEO, announces Q3 losses
LKQ Corporation appoints a new CEO following disappointing third-quarter results and significant stock declines.
Repairer Driven News is a publication in Burnaze's franchise knowledge graph, mentioned since 2026. 40 stories link here, each summarized from the original publisher.

LKQ Corporation appoints a new CEO following disappointing third-quarter results and significant stock declines.
Copart completed its acquisition of ACV Auctions on Friday, according to a Copart press release.

Penske Automotive Group enters merger agreement to be taken private

CCC Intelligent Solutions Holdings announced Thursday that a consortium of private investment firms, led by GTCR and including Elliott Investment Management, will acquire it in an all-cash transaction with an enterprise value of $6.1 billion.

Porsche, Lexus, Toyota, and Ford lead in brand loyalty with 50.2% average

Lucid seeks review of Fifth Circuit ruling affirming Texas direct sales ban

Driven Brands announced Tuesday updates to its capital allocation priorities, which it said are “aimed at accelerating growth and driving long-term shareholder returns.”

A recent Data Enhancement Gateway (DEG) inquiry set off a chain reaction, ultimately resulting in the I-CAR Repairability Technical Support (RTS) team’s development of comprehensive, industry-wide technical guidance.

Hyundai Steel Co. recently celebrated the groundbreaking of the first electric arc furnace-based integrated steel mill, with production set to begin in 2029.

Copart announced plans on Sept. 10 to acquire ACV , a digital automotive marketplace and data services partner for dealers and commercial clients, for $1.9 billion in cash.

A partnership between Agero and MOTER will combine roadside assistance, accident support, claims intelligence, and driver engagement into one platform, according to a press release.

General Motors has reached a $4.5 billion materials agreement with Procura Auto Parts, reportedly aimed at avoiding supply chain delays or shortages similar to those in the last five years, including the chip shortage th

BMW Group and partners prove new end-of-life recycling method with 51% material reuse rate

Boyd Group, a major multi-location collision repair operator, reported market share gains and stabilizing repairable claims volume during its second-quarter earnings call.

New data from Enterprise Mobility shows collision-related rental durations have stabilized, ending a multi-year period of year-over-year decreases.

Driven Brands reported a 7% revenue increase in Q2 while continuing the strategic integration and 'incubation' of its Auto Glass Now brand into its corporate segment.

LKQ expects growth in aftermarket parts with 0.5% increase in Q2

Driven Brands Holdings Inc. has announced that its Board of Directors unanimously rejected a non-binding and unsolicited proposal from ADW Capital Management to acquire Driven Brands for $18 per share in cash, according to an Aug.

PPG reports a rise in selling prices and expects to fully cover inflationary costs by the fourth quarter as demand for automotive refinish coatings remains a focal point.

As a result of renewed talks on Monday regarding the United States-Mexico-Canada Agreement (USMCA), President Donald Trump has imposed 50% tariffs on most Canadian goods, including

ASE receives $25 million DOL grant to expand auto apprenticeships

Auto Care Association spent $2.33 million on lobbying in the past year.

Ford has rehired more than 300 engineers, some former employees, after AI failed to provide the same quality, according to information first reported by Bloomberg.

The EPA's recognition of SEMA as a certification authority impacts independent repairers and branded service centers regarding the 'Freedom to Fix' and access to service information.