Joe Hudson’s aquisition synergies arrive ahead of schedule. Boyd Group Services Inc. (TSX: BYD; NYSE: BGSI) reported second quarter sales of $1,013.7 million for the three months ended June 30, an increase of 29.9% from $780.4 million a year earlier and the first time quarterly revenue has exceeded $1 billion in the company’s history. Adjusted […]
Parts Authority Opens 450,000-Square-Foot Distribution Facility in Mississippi
Parts Authority has opened a 450,000-square-foot distribution facility in Olive Branch, Mississippi, its first location in the state, the aftermarket parts distributor said Aug. 10. The site enlarges the inventory pool available to collision repair facilities buying through National Auto Body Parts Powered by Parts Authority, the company’s collision banner. Parts availability and delivery speed […]
Revv Releases Free ADAS Explainer Kit for Shop Customer Conversations
Revv released a free set of customer-facing education materials Aug. 12 designed to help collision repair, glass and mechanical shops explain advanced driver assistance systems and calibration requirements to vehicle owners. The ADAS Explainer Kit is aimed at the front-office staff who field those questions — service advisors, front desk personnel and new hires — […]
State Farm Continues Habitat for Humanity Partnership with Youth and Disaster-Resilience Funding
State Farm will continue its national partnership with Habitat for Humanity International this year, directing funding to youth engagement programs, disaster-resilient home construction and a campaign marking the housing nonprofit’s 50th anniversary, the organizations announced Aug. 11. State Farm has contributed more than $22 million to Habitat since 1994, a figure that includes additional investments […]
IIHS-HLDI’s Moore Says Crash Avoidance Systems Lower Overall Losses Even as Repair Costs Climb
HLDI data shows sensor-equipped vehicles carry higher claim severity but sharply lower claim frequency, producing lower overall losses. Crash avoidance systems raise the cost of the repairs they fail to prevent while reducing what insurers pay out overall, according to a commentary published Aug. 11 by Matt Moore, chief insurance operations officer at the Insurance […]
Auto Insurance Rates Rose in 27 States in the First Half of 2026
Insurify projects 32 states will post increases by year’s end, with Connecticut facing the steepest. Full-coverage car insurance rates rose in 27 states during the first six months of 2026, reversing a 6% national decline the year before, according to Insurify Inc.’s 2026 Mid-Year Auto Report released Aug. 11. The online insurance comparison platform projects […]
Collision Repair Education Foundation Adds PPG’s Amanda Valmonte to Board of Trustees
The Collision Repair Education Foundation (CREF) has appointed Amanda Valmonte, business development manager for PPG Automotive Refinish, to its Board of Trustees. CREF is the collision industry’s primary philanthropic channel to high school and college repair training programs, and its scholarships, grants and in-kind donation programs supply much of the entry-level technician pipeline that collision […]
NHTSA Offers $20 Million in Grants for Traffic Safety Enforcement Projects
The National Highway Traffic Safety Administration is making $20 million available to fund enforcement programs targeting impaired driving, distracted driving, speeding, reckless driving and seat belt use, the agency announced Aug. 3. The Innovative Traffic Safety Enforcement grant program will fund projects that develop, test and validate enforcement methods that state and local agencies can […]
Manheim Used Vehicle Value Index Down 1.4% in July
Prices remain above year-ago levels Wholesale used-vehicle prices declined in July, pulling the Manheim Used Vehicle Value Index down to 210 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported Aug. 7. The index finished 1.4% below June and 1.3% above July 2025, a year-over-year gain that narrowed from 2.1% a month earlier. […]
GEICO Second-Quarter Underwriting Earnings Fall 45.4% as Claim Frequency Increases Accelerate
Property damage and collision claim frequencies rose in the 3% to 5% range through the first six months of 2026, widening the reversal that began in the first quarter. GEICO’s pre-tax underwriting earnings fell to $994 million in the second quarter of 2026, down $827 million, or 45.4%, from $1.821 billion in the second quarter […]
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