The June sales pace extended the recovery that began in May, though the first-half total stayed below a 2025 stretch inflated by pre-tariff buying. New light-vehicle sales reached a seasonally adjusted annual rate (SAAR) of 16.52 million units in June 2026, up 4.4% from June 2025, according to the latest National Automobile Dealers Association (NADA) […]
Mile Auto Acquires The Insurance House, Expanding Southeast MGA Operations
Mile Auto Inc., the Atlanta-based managing general agent (MGA) that provides pay-per-mile Porsche Auto Insurance, has acquired fellow Atlanta MGA The Insurance House Inc. in a transaction effective July 1 that combines the two firms into an operation with nearly $100 million in annual premium. The combined business serves more than 55,000 policyholders and works […]
CCC Intelligent Solutions Reportedly Exploring Sale
CCC Intelligent Solutions (NASDAQ: CCC) is reportedly exploring a sale of the business and has hired Morgan Stanley to advise on the process. According to a report July 9 by Reuters, the company has reached out to prospective buyers, including private equity firms. CCC has explored strategic options before. In 2023, CollisionWeek reported on a […]
McCarthy Family Named UAF Lifetime Trustee, Establishes Memorial Scholarship
The family of MEMA president and CEO Paul McCarthy will fund a scholarship honoring two grandfathers who spent their careers in automotive repair. The McCarthy family has become a Lifetime Trustee of the University of the Aftermarket Foundation and established a scholarship in memory of two grandfathers who built their careers in automotive repair. Paul […]
Copart Promotes Jane Pocock to President
The company said Pocock, who has led its U.K. and Ireland business since 2019, will take the role Aug. 1 as Jay Adair returns as chief executive. Copart Inc. has promoted Jane Pocock to president, effective Aug. 1, elevating the executive who has run its U.K. and Ireland operations to a role overseeing the salvage-auction […]
Manheim Used Vehicle Value Index Ends First Half Above Year-Ago Levels as Market Normalizes
Wholesale values closed the first half of 2026 above year-ago levels as the market eased from its March peak, while used electric-vehicle prices extended their lead over the broader market. Wholesale used-vehicle prices finished the first half of 2026 above year-ago levels, with the Manheim Used Vehicle Value Index rising 2.1% from June 2025 even […]
Rhode Island Bills Raising Total Loss Threshold to 85% Become Law Without Governor’s Signature
Companion measures amending the state’s Unfair Claims Settlement Practices Act took effect June 26, the second consecutive year Rhode Island has lifted its total-loss ceiling. Rhode Island has raised the threshold at which an insurer may declare a damaged vehicle a total loss to 85% of its pre-accident fair market value, up from the 80% […]
ASE Education Foundation Awarded $25 Million Labor Department Grant for Technician Apprenticeships
The four-year Pay-for-Performance grant pays employers $3,500 for each auto, collision or truck apprentice they hire and keep through the first year on the job. The ASE Education Foundation has been awarded a $25 million, four-year grant from the U.S. Department of Labor to expand registered apprenticeships for auto, collision and truck service technicians, the […]
CREF and Atlanta I-CAR Committee Grow a Georgia High School Collision Repair Program From 28 to 120 Students
A 15-year partnership among the school, the Collision Repair Education Foundation and a local I-CAR volunteer committee has turned a small shop class into a regional technician pipeline. Maxwell High School of Technology in Lawrenceville, Ga., has grown its collision repair program from about 28 students to roughly 120 across 15 years, an expansion its […]
I-CAR Publishes Facility and Equipment Best Practice for Collision Repair Industry
New reference document developed with OEM, insurer and repairer input sets common expectations for equipment readiness. I-CAR announced July 2 the publication of its Automotive Collision Repair Facility and Equipment Best Practice, a new resource designed to help the collision repair industry align equipment capabilities with the requirements necessary to perform complete, safe and quality […]
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