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Wholesale Used-Vehicle Prices Declined in June

July 12, 2024 By CollisionWeek Editor

Manheim reports prices were down month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis) were down in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) fell to 196.1, a decline of 8.9% from a year ago. The seasonal adjustment to the index mitigated the impact on the […]

Filed Under: News Tagged With: Manheim, Manheim Wholesale Used Vehicle Price Index, Wholesale Used Vehicle PRices

Allstate Reports Hawaii, Minnesota and Washington State Home to America’s Safest Drivers

July 12, 2024 By CollisionWeek Editor

Drivers are easier on the brakes in the Midwest, move at safer speeds in the Northeast and the Pacific Northwest, and keep their eyes on the road more on the West Coast. Honolulu has the safest drivers in America, according to the 16th Allstate America’s Best Drivers Report . Minneapolis, Seattle, Portland, Oregon, and Virginia […]

Filed Under: News Tagged With: Allstate, Usage-Based Insurance

Meyer Distributing Adds Location in Louisiana

July 12, 2024 By CollisionWeek Editor

Meyer Distributing, Inc. announced the addition of its Covington, La. crossdock. The crossdock will have a direct feed from Meyer’s Arlington, Texas distribution hub, which houses one of the largest inventories of automotive accessories, crash and collision, 4×4/Off-Road, and RV parts in the region. “Meyer has expanded inventories significantly in crash and collision parts in […]

Filed Under: News Tagged With: Louisiana, Meyer Distributing, Openings

Auto Care Association Opens 2024 Fall Leadership Days Registration

July 12, 2024 By CollisionWeek Editor

The Auto Care Association’s Fall Leadership Days registration is open for association members and its committee and community volunteers to attend in person. The event takes place Sept. 4-6 at the Hilton Baltimore Inner Harbor, in Baltimore, Md. Fall Leadership Days is a three-day event for the association’s top volunteers and engaged members to discuss […]

Filed Under: News Tagged With: Auto Care Association

IIHS-HLDI Research Sees Little Benefit from Partial Automation in Preventing Crashes Beyond Crash Avoidance Systems Like AEB

July 11, 2024 By CollisionWeek Editor

Compares partial automation features like lane keeping assist to convenience features like power windows and heated seats. Crash records and insurance data offer little evidence that partial automation systems are preventing collisions, research from the Insurance Institute for Highway Safety and the Highway Loss Data Institute shows. “Everything we’re seeing tells us that partial automation […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, AEB, Crash Avoidance, Highway Loss Data Institute, Insurance Institute for Highway Safety

GEICO Partners with AsTech to Use Rules Engine on Pre/Post Diagnostic Scan Reimbursement for ARX Shops

July 11, 2024 By CollisionWeek Editor

In an email to GEICO Auto Repair Xpress (ARX) direct repair facilities, the third-largest private passenger auto insurance company in the U.S. announced a new partnership with asTech that the insurer will use to standardize pricing and speed approvals for diagnostic, programming, and calibration operations. Under the new initiative GEICO ARX facilities can speed reimbursement […]

Filed Under: News Tagged With: Agreements Signed, asTech, Diagnostics, GEICO, Repairify

Distribution Solutions Group to Acquire Source Atlantic

July 11, 2024 By CollisionWeek Editor

Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced that its operating company, Lawson Products, under its affiliate Lawson Products Canada, Inc.  signed an agreement to acquire Source Atlantic Limited. The transaction is expected to close in the third quarter of 2024, subject to regulatory approval and customary closing conditions. Source Atlantic, headquartered in Saint John, New […]

Filed Under: News Tagged With: Acquisitions, Canada, Distribution Solutions Group, Lawson Products

NHTSA Issues Alert on Imported Aftermarket Air Bag Inflators

July 11, 2024 By CollisionWeek Editor

Three killed, two injured by faulty imported inflators used to repair previous accident damage. The National Highway Traffic Safety Administration urges used car buyers and owners to be aware of cheap, substandard replacement air bag inflators that can cause death or serious injury in a crash. In the last year, three people have been killed […]

Filed Under: News Tagged With: Airbag, National Highway Traffic Safety Administration

25 Groups Write Letter Supporting Passage of Federal REPAIR Act

July 10, 2024 By CollisionWeek Editor

Groups including Auto Care Association, SEMA, CAR Coalition, MEMA Aftermarket Suppliers and others call for passage during next U.S. House Energy and Commerce Committee markup session. In a letter July 8 to members of the U.S. House Energy and Commerce Committee, 25 groups called on the committee to pass H.R. 906, The Right to Equitable […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Auto Care Association, CAR Coalition, legislation, MEMA Aftermarket Suppliers, National Federation of Independent Business, Right to Repair, Specialty Equipment Market Association, U.S. House of Representatives

Quality Collision Group Acquires Repair Facility in Washington State

July 10, 2024 By CollisionWeek Editor

Quality Collision Group (QCG) announced the acquisition of Paramount Centre of Fife, Wash. Paramount Centre’s 50,000 square-foot space is dedicated to collision repair and auto restoration and is located at 6005 12th St E in Fife, approximately 30 miles south of Seattle. The new facility is QCG’s first location in Washington State. Mike Huber and […]

Filed Under: News Tagged With: Acquisitions, Quality Collision Group, Washington State

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