Your source for the latest collision repair industry news, statistics and trend analysis.
Fri, 24 Jun 2022 18:13:50 +0000
Classic Collision Acquires Collision Repair Centers in South Carolina and Texas
Classic Collision, LLC announced two new acquisitions including Jones Auto Wrecking Company in Florence, S.C. and Gabe’s Collision Center in San Antonio, Texas. Jones Auto Wrecking provides collision repair and towing services and has been in business for more than a century. “We’re proud to be the oldest, most-trusted auto wrecking company in Florence, SC. […]
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Consumer Sentiment Declines on Inflation Concerns
University of Michigan survey at all time low as consumers inflation concerns outweigh expected income growth Consumer sentiment continued its downward trend, falling 14.4% in June, according to the University of Michigan Surveys of Consumers. The June consumer sentiment index reading was an all-time low for the survey, comparable to the trough reached during the […]
New Vehicle Sales Projected to Decline Again in June Compared to Last Year
New-vehicle transaction prices projected at all-time high. New-vehicle retail sales for June 2022 are expected to decline when compared with June 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 965,300 units, a 18.2% decrease compared with June 2021 when adjusted […]
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IBIS Global Summit Announced for Milan, Italy June 28-30, 2023
Having left behind yet another memorable IBIS Global Summit, held on last week from June 15-17 at Le Méridien Beach Plaza in Monte Carlo, Monaco, IBIS Worldwide have already set to work on producing another world class event for its 2023 IBIS Global Summit conference. At last week’s event, it was announced that the IBIS […]
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Christina Pletnewski Named Chief Marketing Officer at Safelite
Safelite announced the appointment of Christina Pletnewski to Chief Marketing Officer. “Christina’s journey since joining our business in 2016 as Vice President of Marketing demonstrates her vast talent and ability to manage multiple key areas of our business successfully,” said Renee Cacchillo, Safelite’s President and CEO. As Vice President, Pletnewski led TV creative and media, […]
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Auto Industry CEOs Call on Congress to Pass Semiconductor Funding ‘Critical’ to U.S. Competitiveness
More than 20 CEOs spanning automotive manufacturers, suppliers and innovators sent a letter to members of Congress negotiating final competition legislation, urging quick passage of a bipartisan bill, the CHIPS for America Act, which includes funds to increase domestic capacity and resilience of semiconductor supply chains ‘critical’ to the future of the auto industry in […]
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Federal Trade Commission Takes Action Against Harley-Davidson for Illegally Restricting Right to Repair
In first action since agency released a policy statement on unlawful repair restrictions last year, FTC orders require the motorcycle manufacturer to fix warranties and compete fairly with independent repairers. The Federal Trade Commission announced yesterday that is taking action against motorcycle manufacturer Harley-Davidson Motor Company Group, LLC and Westinghouse outdoor generator maker MWE Investments, […]
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Service King Unveils its First-Ever LEED-Certified Collision Repair Facility in San Antonio
Service King’s comprehensive approach to sustainability and emphasis on strategies for environmental and health performance was brought to life through its first Leadership in Energy and Environmental Design (LEED)-certified facility in the San Antonio, Texas market. Located at 7507 W. Loop 1604 N. in Alamo Ranch, the new 13,600-square-foot body repair shop features a LEED […]
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UVeye Announces Strategic Collaboration with General Motors to Commercialize Vehicle Inspection Technology Globally
UVeye receives investment from GM’s capital venture arm. UVeye, a provider of advanced vehicle diagnostic systems, announced that it has received an investment from the capital venture arm of General Motors, GM Ventures, to help fund the development and commercialization of the company’s vehicle inspection technology. UVeye also has entered into a commercial agreement with […]
Global Finishing Solutions Announces Collision Repair Technician Training Partnership with Lincoln Tech
Global Finishing Solutions (GFS) announced a new partnership with Lincoln Tech to train the next wave of collision repair technicians. GFS is working with Lincoln Tech to help produce qualified, entry-level collision repair technicians and connect them with an array of career opportunities. Lincoln Tech students across the country are learning the ins and outs […]
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