Final figure revised up from the preliminary reading but remains 10% below a year ago as rising interest rates sink buying conditions for durable goods. Consumer sentiment slipped 0.2% in October in the final reading from the University of Michigan Surveys of Consumers, with the Index of Consumer Sentiment at 48.0, down from 48.1 in […]
Mazda Selects CCC to Deliver Promotional Parts Pricing to Collision Repairers
Participating Mazda dealers can offer promotional prices on OEM parts inside the estimating workflow used by more than 30,000 repair facilities. Mazda has selected CCC Intelligent Solutions Inc. as its parts technology provider for promotional pricing offered by participating dealers across the United States, CCC announced Oct. 27. Through CCC, participating dealers can make promotional […]
Norfolk CBP Seizes 543 More Radiators Imported Under Stolen Identity
Fifth radiator shipment tied to identity theft at the port since late August. U.S. Customs and Border Protection officers at Norfolk, Virginia, seized 543 automotive radiators from China on Oct. 6 after determining the shipment had been imported using a victim’s stolen identity. The radiators, bound for an address in Los Angeles, were appraised at […]
Driven Brands Collision Group Sets Feb. 9-11 Resilience 2027 Conference in Chicago
Abra, CARSTAR and Fix Auto USA franchise partners will return to the Hilton Chicago for the network’s annual U.S. conference. Driven Brands Collision Group will hold its annual U.S. collision repair conference, branded Resilience 2027, Feb. 9-11 at the Hilton Chicago, the company announced Oct. 27. The three-day conference is the annual gathering for the […]
Carfax Used Car Index Rises 0.1% in October as Hybrid and EV Prices Keep Falling
Lease returns pushed used hybrid and EV prices down for a second month while SUV and van prices climbed. Average listing prices for used vehicles on Carfax rose 0.1% in October, a flat month for the index overall, as declining prices for used hybrids and electric vehicles offset gains for SUVs and vans and minivans, […]
AASP/NJ Inducts Dennis Cataldo Jr. into Hall of Fame at Annual Meeting
The association also re-elected six directors and named Fantastic Plastic and Petty Motorworks its shops of the year. The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) inducted Dennis Cataldo Jr. of D&M Auto Body in Old Bridge into its Hall of Fame at its annual meeting Oct. 21 at Gran Centurions in Clark, […]
Seven Las Vegas Veterans and Families to Receive NABC Recycled Rides November 2
Presentation held with the MSO Symposium will also name the Changing and Saving Lives Award winner. The National Auto Body Council (NABC) will present seven refurbished vehicles to Las Vegas-area veterans, individuals and families in need of reliable transportation Nov. 2 at its annual SEMA celebration, held in conjunction with the MSO Symposium at the […]
ALLDATA Adds OEM Documentation and Audit Trail Features to Repair Planner
Collision repair facilities can attach OEM procedures to estimate lines and keep a time-stamped record of the research behind each repair plan. ALLDATA has added documentation tools to Repair Planner, its collision repair planning software, that let collision repair facilities attach original equipment manufacturer (OEM) repair procedures to individual estimate line items, compile those procedures […]
Collision Coverage Losses Rose 4.1% in Second Quarter of 2026 as Paid Claim Cost Jumped 11.5%
An accelerating increase in paid claim cost more than offset a continued drop in claim counts, pushing quarterly losses higher for the second consecutive quarter. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the year-over-year rate of decline in quarterly collision coverage claims held steady in […]
LKQ Names Salvatore Abbate CEO
Justin Jude and LKQ Europe chief Andy Hamilton depart as Alvarez & Marsal is retained to advise on European operations. LKQ Corporation (NASDAQ: LKQ) has appointed Salvatore A. “Sal” Abbate, the former chief executive officer of Veritiv Corporation, as its next president and CEO, replacing Justin Jude, who left the company Oct. 23, the same […]
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