The largest affiliate of the Automotive Service Association in the U.S. has signed up with a new group and changed its name. The Automotive Service Association of the Northwest will be changing its name to Northwest Auto Care Alliance (NWACA),…
Dorman Products, Inc. has entered into a definitive agreement to acquire Dayton Parts for total consideration of $338 million, subject to customary adjustments. The transaction, which is subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act,…
Standard Motor Products, Inc. has joined the Center for Automotive Diversity, Inclusion and Advancement (CADIA) to continue deploying initiatives focused on diversity, equity, and inclusion (DE&I). Founded in 2017, CADIA is a non-profit organization with the mission of doubling the…
The Goodyear Tire & Rubber Company (Nasdaq: GT) today announced that it has completed its acquisition of Cooper Tire & Rubber Company, finalizing the merger agreement made public on February 22. The combination unites two leading tire companies with complementary…
Solera Holdings, Inc. has completed its acquisitions of Omnitracs, DealerSocket and eDriving. Omnitracs is a leading fleet management platform, DealerSocket is a best-in-class SaaS provider to the automotive industry and eDriving is the digital driver risk management partner for many…
Infomedia Ltd., a SaaS platform provider in parts, service and data insights solutions to the global automotive industry, has completed the acquisition of US-based e-commerce platform SimplePart. SimplePart designs, implements and manages consumer-facing e-commerce programs in the US and Canada…
Standard Motor Products, Inc. has acquired all of the capital stock of Trumpet Holdings, Inc., a Delaware corporation (more commonly known as “Trombetta”), for $108 million, subject to certain post-closing adjustments. Trombetta is a worldwide leader in providing power switching…
Looking to expand its digital footprint in U.S. auto dealerships from coast-to-coast, U.K.-based CitNOW has acquired Quik. Quik. is an integrated cloud-based SaaS company that has pioneered industry-leading digital service technology in the automotive industry. It features digital multi-point inspections,…
Bolt On Technology has teamed up with Protractor so that repair shop owners can access powerful text messaging, appointment scheduling, workflow and reporting capabilities that can help keep repairs bays full and build customer loyalty. Through its collaboration with Protractor, Bolt…
Groupe Touchette Inc., the largest Canadian owned tire distributor, takes the next steps in its development plan with the acquisition of Pneus Chartrand Distribution Inc., Pneus Chartrand Mécanique Inc., as well as the Groupe Immobilier Chartrand Inc. The agreement, which will take effect…
Electric vehicle and autonomous vehicle cybersecurity provider Autocrypt has partnered with the Shield Automotive Cybersecurity Centre of Excellence, hosted by the University of Windsor, to prioritize research and development in securing connected and autonomous vehicles. As automotive technology evolves to…
Solera Holdings, Inc. will acquire Omnitracs, a complete fleet management platform, and DealerSocket, a leading SaaS provider to the automotive industry. These acquisitions will extend Solera’s position as the preeminent global data intelligence and technology leader serving all constituents engaged…