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 […]
Solera Builds Working AI Prototype in a Day at First Summit for Independent Appraisers and TPAs
Attendees chose a problem in a workshop, and Solera engineers demonstrated a prototype later the same day. Solera brought independent appraisers (IAs) and third-party administrators (TPAs) directly into its product development process at its first IA & TPA Summit, where company engineers used AI-powered development tools to turn an idea chosen by attendees into a […]
BendPak Opens Third Distribution Center in Connecticut
New Milford hub extends two-day delivery to 92% of the U.S. population. BendPak Inc., the Agoura Hills, California-based manufacturer of vehicle lifts and shop equipment, announced Oct. 22 that it has opened a third U.S. distribution center, in Milford, Connecticut. The company said the facility allows it to deliver to 92% of the U.S. population […]
More Than 200 Taiwanese Suppliers to Exhibit at AAPEX 2026
Government-backed showcase puts collision parts, ADAS components and repair equipment in front of U.S. buyers. More than 200 Taiwanese automotive suppliers will exhibit at AAPEX 2026, Nov. 3-5 at the Venetian Expo in Las Vegas, with a government-organized pavilion giving U.S. distributors, retailers and repairers direct access to manufacturers of body parts, lighting, electronics, tools […]
October New-Vehicle Sales Pace Flat at 15.6 Million as Monthly Payments Set October Record
Hybrid share rises to 18.6% while GlobalData trims its 2026 global outlook to 87.9 million units. Total U.S. new-vehicle sales for October 2026 are projected to reach 1,327,100 units, a 0.2% increase from October 2025 after adjusting for selling days, according to a joint forecast from J.D. Power and GlobalData released Oct. 22. The seasonally […]
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