OEM parts dealers and their collision repair facility customers can now use a single streamlined workflow for electronic parts ordering with the software integration of PartsTrader and OE Connection’s CollisionLink. Development of the integration was announced by the companies last summer, and over 1,700 dealers are currently using this integration streamline ordering and fulfillment, while […]
Collision Repair Education Foundation Pilots Student Resume Database
The Collision Repair Education Foundation announced the successful launch of its high school and college online collision student resume database. As many collision students across the country don’t have the ability to attend the Education Foundation’s physical career fair events, the collision student resume database was built and piloted this spring to reach high school […]
Premium Growth Slows and Combined Ratio Creeps Up for Property/Casualty Insurers in 2015
Net written premium growth declined to 3.4 percent in 2015. Profits up due to capital gains increases. Auto frequency and severity trends part of challenging environment for insurers. Private U.S. property/casualty insurers saw their net written premium growth slow to 3.4 percent in 2015 from 4.2 percent a year earlier, while their net income after […]
Car Guys Collision Repair Acquires Sixth Location in Florida
Car Guys Collision Repair, a Florida-based multiple collision repair facility operator, announced the acquisition of Justice Collision in Spring Hill, Fla. Justice Collision and the Justice family have been serving the Spring Hill area since 1991. The expansion into the Spring Hill market will be Car Guys Collision Repair third new location since the third […]
OEM Auto Parts Supplier to Pay $66.5 Million for Fixing Parts Prices
The ongoing price fixing investigations being conducted by the U.S. Department of Justice Antitrust Division and the Federal Bureau of Investigation netted its latest guilty pleas. Corning International Kabushiki Kaisha (Corning International K.K.) has agreed to plead guilty and pay a $66.5 million criminal fine for conspiring to fix prices, rig bids and allocate the […]
NADA Used Car Guide Price Index Falls for Fifth Straight Month
While used cars prices are diving, large utility and pickup truck prices mitigate downward trend. According to the May edition of NADA Used Car Guide’s Guidelines report, wholesale used vehicle prices fell by an average of 1.7 percent in April largely due to a poor performance across car segments. As a result of the occurrence, […]
Automotive Industries Association of Canada Elects New Board of Directors
The Automotive Industries Association (AIA) of Canada announced the election of two new directors, along with other changes to its Board at the 74th Annual General Meeting held in Montreal, Québec on May 11, 2016. The new members are Susan Hitchon from Schrader Performance Sensors and Simon Weller from NAPA Canada. Hitchon is the Canadian […]
U.S. Length of Rental Upward Trend Continues in First Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. average length of rental continued to increase in the first quarter of 2016. Overall U.S. Length of Rental (LOR) increased .4 days in Q1 2016 from 11.5 to 11.9, although the changes varied by region and state. A variety of factors contributed to the increase […]
Maryland Makes Selling and Installing Fake Airbags a Crime
Selling and installing non-functioning airbags is now a crime in Maryland. Maryland Gov. Larry Hogan’s signing Senate Bill into law May 9 that makes it a crime to install or sell counterfeit airbags. Conviction earns up to five years in state prison and up to $5,000 in fines. Making airbag scams a specific crime in […]
Automotive Industries Association of Canada to Launch Collision Repair Industry Accreditation Program
The Automotive Industries Association (AIA) of Canada announced May 13 that it will be launching a nation-wide collision repair facility accreditation program in the fall of 2016. Tony Canade, AIA Canada Chair and President of Assured Automotive, provided some background on the decision, “The industry is seeing a rapid growth in OE certified repair network […]