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Automotive Service Professionals Month Highlights Repair Industry as Rewarding Career Path

June 24, 2024 By CollisionWeek Editor

June is Automotive Service Professionals Month and the ASE Education Foundation is celebrating the valuable service provided by automotive service professionals and encouraging students to consider automotive repair as a career path. “Repairing today’s complex vehicle systems requires highly skilled professionals. It takes years of education and on-the-job training to handle diagnostic repair challenges as […]

Filed Under: News Tagged With: ASE, ASE Education Foundation, Automotive Service Professionals Month, Workforce Development

LKQ Reaches New Two-Year Collective Bargaining Agreement in Germany

June 24, 2024 By CollisionWeek Editor

LKQ Corporation (Nasdaq: LKQ) announced that a new collective bargaining agreement has been agreed with the trade union Verdi. The agreement covers approximately 5,000 employees of LKQ Europe in Germany, including 730 colleagues at LKQ’s Sulzbach-Rosenberg distribution center. The collective bargaining agreement has a two-year duration, which expires on April 30, 2026. The tariff agreement […]

Filed Under: News Tagged With: Germany, LKQ Corporation

Kinetic Announces $21 Million Series B Funding Round

June 24, 2024 By CollisionWeek Editor

Kinetic, an automotive infrastructure company that delivers digital maintenance and servicing for EVs and AVs through its network of service centers, announced it has secured $21 million in Series B funding, led by Menlo Ventures. Other participants in the round include returning investors Lux Capital, Construct Capital and Haystack Ventures along with new investors Allstate […]

Filed Under: News Tagged With: Kinetic

Automotive Body Parts Association Announces 2025 Annual Meeting and Business Conference May 19-21

June 24, 2024 By CollisionWeek Editor

The Automotive Body Parts Association (ABPA) announced its 2025 ABPA Business Conference will take place from May 19-21, 2025, at the Westin Sarasota in Sarasota, Fla. Attendees will be able to connect with industry leaders, manufacturers, distributors, and other key stakeholders. The conference is designed to facilitate meaningful connections that can lead to strategic partnerships […]

Filed Under: News Tagged With: Annual Conference, Automotive Body Parts Association, Florida

Rhode Island Passes OEM Parts, Unfair Claims Practice Bills

June 21, 2024 By CollisionWeek Editor

Legislation prohibits insurers from refusing OEM parts usage on vehicles 48-72 months old. Updates unfair claim practice requirements related to direction to pay on vehicle repairs. The Rhode Island Legislature passed two sets of bills covering the use of OEM parts and unfair claims practices. On June 13, the legislature passed an amended Senate Bill […]

Filed Under: Feature Tagged With: legislation, OEM Parts, Rhode Island, Unfair Claims Practice

Quality Collision Group Acquires Repair Center in Utah

June 21, 2024 By CollisionWeek Editor

Quality Collision Group’s (QCG) Utah-based Cascade Collision Repair announced the acquisition of Lone Peak Collision in Midvale, Utah. Cascade Collision Repair now has 10 collision center locations across northern Utah. Lone Peak Collision was officially rebranded to Cascade Collision Repair on June 13. “Bringing Lone Peak Collision into our team is a big deal for […]

Filed Under: News Tagged With: Acquisitions, Quality Collision Group, Utah

LexisNexis Report Highlights Generational Risks in Drivers and Vehicles that Contribute to Higher Claim Frequencies

June 21, 2024 By CollisionWeek Editor

LexisNexis Risk Solutions released its 2024 U.S Auto Insurance Trends Report, which aggregates annual market data about consumer driving patterns, auto insurance shopping trends, claim frequency and severity, and consumer responses to rate increases to help insurance carriers better understand the evolving trends impacting the U.S. auto insurance industry. Key takeaways Risky driving behavior rises […]

Filed Under: News Tagged With: Claim Frequency, Claim Severity, LexisNexis Risk Solutions, Total Loss

ASE Conducting Parts Specialist Survey

June 21, 2024 By CollisionWeek Editor

The National Institute for Automotive Service Excellence (ASE) has been commissioned to conduct a series of studies to understand which parts-related tasks are performed most frequently by parts specialists. The survey is focused on parts consultant tasks and participants do not need to be ASE Certified to take the survey. “With this survey, we are […]

Filed Under: News Tagged With: ASE, Certification, Technical Training

UK’s National Body Repair Association Says Vehicle Repair Sector Needs Government Support on Apprenticeships, EVs

June 21, 2024 By CollisionWeek Editor

As the United Kingdom (UK) prepares for the upcoming general election on July 4, the National Body Repair Association (NBRA) is calling on the next government to prioritize critical reforms aimed at securing the future of the industry. Martyn Rowley, Executive Director of the NBRA said, “The current Apprenticeship Levy is failing our industry, hindering […]

Filed Under: News Tagged With: Apprentice Program, Elections, Electric Vehicles, National Body Repair Association, United Kingdom

Collision Repair Industry Production Up Just Under 1% in April Compared to Last Year

June 20, 2024 By CollisionWeek Editor

Production in April was up year-over-year, but down month-over-month. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary April collision repair employment, hours worked and wages indicated production was up compared to April 2023, but down from March. Production levels in March had […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages, Women Employment

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