Bureau of Automotive Repair proposal would restrict parts sourcing and require return to OEM operating conditions. The California Bureau of Automotive Repair (BAR) has proposed expanding its airbag safety regulation to bar the state’s roughly 35,000 licensed automotive repair dealers from handling previously deployed, faulty or counterfeit airbags and to require that replacement airbag parts […]
AkzoNobel Rebuffs Nippon Paint Offers for Decorative Paints Business Ahead of Axalta Merger Votes
Akzo Nobel N.V. (AMS: AKZA; OTCMKTS: AKZOY) confirmed July 13 it has received multiple conditional and non-binding proposals from Nippon Paint Holdings Co. to acquire its Decorative Paints business at an indicative enterprise valuation of €7.5 billion ($8.55 billion), saying its merger agreement with Axalta Coating Systems Ltd. bars the company from engaging with the […]
Collision Partners Acquires K&M Collision
Names Michael Bradshaw operations chief. Collision Partners has acquired K&M Collision of Hickory, N.C., and named the company’s vice president, Michael Bradshaw, executive vice president of collision operations and a member of its board of directors. The Raleigh, N.C.-based platform said the Bradshaw family will become significant shareholders in Collision Partners as part of an […]
U.S. Property/Casualty Industry Posts $84 Billion in Underwriting Gains Across Two Years
Private passenger auto held a combined ratio well below 100 for a second straight year, while commercial auto liability absorbed another $2.0 billion in reserve deficiencies. The U.S. property/casualty insurance industry generated $84 billion in underwriting gains across the past two full calendar years, its strongest showing in a decade and a reversal of the […]
New Light-Vehicle Sales Post Second Straight Year-Over-Year Gain in June
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 […]
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