Seasonal adjustment increased index month over month, but unadjusted prices are up over 5% compared to June 2024. Tariff impact on new vehicles influencing used vehicle market. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, […]
Fredrik Westin Named CFO at AkzoNobel
AkzoNobel NV announced it has appointed Fredrik Westin as chief financial officer, effective Jan. 1, 2026, replacing Maarten de Vries, who will retire after completing his second four-year term. Since May 2020, Westin, 52, served as CFO and executive vice president at Autoliv Inc., the automotive safety systems company He has more than 25 years […]
Ned Gaines Named Nevada Acting Insurance Commissioner
Nevada Division of Insurance has appointed Ned Gaines as acting commissioner, effective July 2, according to an announcement from Department of Business and Industry Director Dr. Kristopher Sanchez. Gaines replaces Scott Kipper, who served as commissioner since February 2023. The state will conduct a recruitment process to fill the position permanently. The acting commissioner brings […]
Debra Seminario Named SVP of Sales and Commercial Accounts at CrashBay
CrashBay announced it has hired Debra Seminario as senior vice president of sales and commercial accounts. Seminario brings 25 years of experience in the automotive, insurance and technology sectors, including leadership roles at CCC Intelligent Solutions and Typhon Risk. At CrashBay, she will focus on building strategic partnerships and driving initiatives to enhance claims management […]
Rhode Island House Bill That Changes Total Loss Threshold, Documented Procedure Compensation Becomes Law
Legislation raises threshold before a vehicle is declared a total loss and expands definition on documented procedures sources. A Rhode Island House Bill that raises the state’s total loss threshold and clarifies insurers’ obligations regarding OEM repair procedures became law July 5 without Rhode Island Governor Dan McKee’s signature. House Bill 6053 (HB 6053), that […]
ProColor Collision Opens First Colorado Location
ProColor Collision has opened its first Colorado location at 8531 Rosemary Street in Commerce City, marking the collision repair franchise’s expansion into the state. The facility is owned and operated by Lynn Washington, a Denver-area resident who has operated NOVUS Glass locations in Denver and Colorado Springs since 2016. Washington has 10 years of experience […]
Fix Auto USA Celebrates Grand Opening of Two Locations in Riverside, California
Fix Auto USA celebrated the grand openings of two new collision repair facilities in Riverside, Calif. owned by Brian Brandler, who joined the network in 2024. Fix Auto Magnolia Riverside opened in September 2024, followed by Fix Auto Jurupa Valley a few months later. Both locations are independently owned by Brandler as principal owner. “My […]
IBIS Global Summit Draws International Collision Repair Industry to Istanbul
The 2025 IBIS Global Summit concluded June 26 in Istanbul, Turkey after three days of industry programming and networking for collision repair professionals. The event at the Swissotel The Bosphorus Istanbul attracted executives and business owners from body repair, software and technology, insurance, vehicle manufacturing and supply chain companies. Representatives from 29 countries attended, including […]
Auto Glass Now Recognized by Hyundai as Approved Glass Repair Vendor for Dealer Network
Auto Glass Now announced Hyundai Motor America has officially approved Auto Glass Now as a trusted vendor for its network of dealers. This partnership allows Hyundai dealers to use Auto Glass Now for all auto glass repair and replacement services for new and authorized pre-owned vehicles. “At Auto Glass Now, safety and quality are at […]
New Vehicle Sales Up in June Compared to Last Year
Sales hit 15.3 million annual rate in June despite tariff impact. New light-vehicle sales reached a seasonally adjusted annual rate of 15.3 million units in June, up 2.3% from the same month last year, according to data released by the National Automobile Dealers Association. The year-over-year increase was inflated by a major dealership software outage […]
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