This week's 4-minute, auto industry news report features information on Driven Brands' big acquisition of Fix Auto USA, and what it could mean for the industry as a whole.
According to the managing director of Focus Advisors, CARSTAR is now positioned as the primary home for operators that want to remain independent in an era of much consolidation.
The owner of the Fix Auto trademark and design released a statement saying it was alarmed and disappointed to read that Driven Brands had acquired Fix Auto USA.
The Automotive Training Institute (ATI), a coaching and consulting company for the automotive industry, has been acquired by Driven Brands, according to an email the company sent to its vendors, obtained by FenderBender.