Wholesale depreciation tracked seasonal norms while a weak October 2025 lifted the annual comparison. The Manheim Used Vehicle Value Index (MUVVI) rose 0.5% from September to 206.8 in October on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported. The index finished 2.0% above October 2025. The long-term average move for the month is […]
AAA Finds Intersection AEB Handles Left Turns, but Three of Four Vehicles Fail Turn-Into-Path Test
Only the Tesla Model Y avoided a vehicle turning into its path, and the Hyundai Tucson did not respond in left-turn runs made without a turn signal. Intersection automatic emergency braking (AEB) systems on four 2026 model-year vehicles avoided every collision in a standardized left-turn test, but three of the four did not prevent a […]
Kin Insurance Expands Auto Coverage to Colorado
Colorado becomes the direct-to-consumer insurer’s third auto insurance state, following Florida and Texas. Kin Insurance Inc. announced Nov. 12 that its auto insurance is now available in Colorado, the third state where the Chicago-based direct-to-consumer insurer offers auto coverage. Colorado homeowners who bundle home and auto policies with Kin may save up to 15% on […]
CREF Distributes $475,000 to 71 Collision Repair School Programs Through 2026 Benchmark Awards
The Collision Repair Education Foundation (CREF) awarded a combined $475,000 to 71 high school and college collision repair programs through its 2026 Benchmark Awards, announced Nov. 4 in Las Vegas during the SEMA Show. CREF estimates the 2026 awards will benefit more than 3,580 students enrolled in recipient programs this year. Benchmark Awards pay for […]
LKQ Donates $50,000 to Champion It Forward
LKQ Corporation has donated $50,000 to Champion It Forward, a newly formed nonprofit working to bring new technicians into collision repair, the organization announced Nov. 12. The parts distributor is a founding member of the 501(c)(3), which is still building its first programs. Champion It Forward said the money will go toward mentorship and apprenticeship […]
Boyd Group Third Quarter Sales Rise 28.2% to $1.01 Billion
Same-store sales grow 2.2% as the company begins share repurchases. Boyd Group Services Inc. (TSX: BYD; NYSE: BGSI) reported third quarter sales of $1,012.7 million for the three months ended Sept. 30, an increase of 28.2% from $790.2 million a year earlier, driven by locations added in its Joe Hudson’s Collision Center acquisition and same-store […]
UK Regulator Flags Refinish Competition Concerns in AkzoNobel-Axalta Merger
The companies have until Nov. 18 to offer a remedy and plan to propose the European refinish sale the European Commission has already accepted. The U.K. Competition and Markets Authority (CMA) found Nov. 11 that the proposed merger of AkzoNobel N.V. and Axalta Coating Systems Ltd. could substantially lessen competition in the supply of vehicle […]
Ohio Mutual Launches Direct Repair Program Through CrashBay
The regional carrier’s Trusted Repair Program hands repair network management and coordination to the managed-repair platform. Ohio Mutual Insurance Group’s direct repair program, which the carrier is marketing as its Trusted Repair Program, is now available for automobile claims, CrashBay said Nov. 11. The carrier announced the program, which runs on CrashBay’s platform, earlier this […]
GEICO Philanthropic Foundation Donates $100,000 to Collision Engineering Career Alliance
Grant will pay for a national student recruitment and employer engagement framework for the alliance’s partner colleges. The GEICO Philanthropic Foundation, the charitable arm of GEICO, has donated $100,000 to the Collision Engineering Career Alliance to build shared student recruitment and employer engagement tools for the nonprofit’s partner colleges, the alliance said Nov. 10. According […]
Mitchell 1 Adds OEM Collision Repair Information to ProDemand With ProDemand+ Launch
Mitchell 1 has introduced ProDemand+, an optional add-on that places OEM collision repair information inside its ProDemand mechanical repair information platform, the company announced Nov. 10. The launch moves the collision repair information that parent company Snap-on has sold under the SUN Collision brand into the Mitchell 1 product line. The SUN Collision website now […]
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