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Wholesale Used-Vehicle Prices Increased in First Half of June

June 24, 2025 By CollisionWeek Editor

Prices at mid-month were up both month-over-month and year-over-year. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased from May in the first 15 days of June. The mid-month Manheim Used Vehicle Value Index rose 1.7% to 208.7, showing a rise of 6.5% from the full month of June 2024. The weaker […]

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

LKQ Corporation and IAA’s SYNETIQ Announce Strategic European Joint Venture

June 24, 2025 By CollisionWeek Editor

Venture a key step in Europe-wide vehicle recycled parts strategy. LKQ Corporation (NASDAQ: LKQ), today announced that LKQ Europe has entered into a joint venture with SYNETIQ Ltd., an IAA company. LKQ Europe is the leading distributor of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. SYNETIQ is one of the […]

Filed Under: News Tagged With: Agreements Signed, Europe, Insurance Auto Auctions, LKQ Corporation

Subaru Parts Warehouses Sweep Top Three Spots in Industry Performance Awards

June 24, 2025 By CollisionWeek Editor

Subaru of America Inc. won multiple awards at the annual Ducker Carlisle North American Parts Benchmark Conference, with three of its warehouses taking the top spots in the industry’s most competitive category. The automaker’s regional distribution centers in Douglasville, Ga., Aurora, Colo., and Ontario, Calif. placed first, second and third respectively in the Top Performing […]

Filed Under: News Tagged With: Awards, Parts Distribution Center, Subaru

Meyer Distributing Opens Location in Columbus, Ohio

June 24, 2025 By CollisionWeek Editor

Meyer Distributing, Inc. announced the addition of its Columbus, Ohio crossdock. The crossdock will have a direct feed from Meyer’s Jasper, Ind. distribution hub, which houses one of the largest inventories of automotive accessories, crash and collision, 4×4/Off-Road, Tire & Wheel, RV, and trailer parts in the region. “The Columbus, OH dock will provide top […]

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

Driven Brands Collision Group Announces Ascend Conference September 30-October 2 in Colorado

June 24, 2025 By CollisionWeek Editor

The Driven Brands Collision Group announced its 2025 Ascend Conference will take place from September 30 to October 2, 2025 at the Sheraton Denver Downtown Hotel in Denver, Colo. Franchise partners from Abra, CARSTAR, and Fix Auto USA, along with Driven Brands team members, vendors, and industry leaders, will unite for the third annual U.S. […]

Filed Under: News Tagged With: ABRA, Annual Conference, CARSTAR, Colorado, Driven Brands, Fix Auto USA

Progressive Edges Out State Farm to Claim Lead in US Total Auto Premiums Written

June 23, 2025 By CollisionWeek Editor

Direct premiums written for private passenger and commercial auto insurance at Progressive up over 22%. Progressive Insurance Group ascended to the top of the U.S. total automobile insurance ranking list that combines private passenger and commercial insurance with a 16.4% market share in 2024, just edging out former No. 1 State Farm Group’s 16.2% market […]

Filed Under: News Tagged With: A.M. Best, Allstate, Auto Insurance, GEICO, Progressive, State Farm, USAA

CCC Launches Collision Repair Industry Pay Management Tool

June 23, 2025 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NASDAQ: CCCS) today announced the launch of CCC Pay Workflow, the industry’s first employee-facing pay management tool designed to ease payday discussions between collision repair technicians and payroll managers. CCC Pay Workflow reduces administrative burdens around payday, giving technicians more visibility into how they’re paid and providing managers with a digital […]

Filed Under: News Tagged With: CCC, Payroll

MEMA Aftermarket Suppliers Opens Technology Demo Applications for October 5-7 Conference

June 23, 2025 By CollisionWeek Editor

MEMA Aftermarket Suppliers is accepting applications for technology demonstrations at its 2025 Aftermarket Technology Conference, set for Oct. 5-7 in Springfield, Mo. The demonstrations will allow companies to present automotive and commercial vehicle technologies to industry professionals. Technologies eligible for demonstration include augmented reality, virtual reality, artificial intelligence, electric vehicle charging units, advanced driver assistance […]

Filed Under: News Tagged With: Annual Conference, MEMA Aftermarket Suppliers

AAA Reports Americans Slow to Adopt Electric Vehicles

June 23, 2025 By CollisionWeek Editor

Charging concerns cited as challenge for buying EVs. Despite the wide variety of electric vehicle (EV) models now available—over 75 options introduced in the past four years—AAA’s latest survey highlights buyers’ continued hesitation. Only 16% of U.S. adults report being “very likely” or “likely” to purchase a fully electric vehicle (EV) as their next car, […]

Filed Under: News Tagged With: AAA, Electric Vehicles

Progressive Reports Personal Auto Policies in Force Up 19.7% in May Compared to 2024

June 20, 2025 By CollisionWeek Editor

Policies in Force

Premiums written up 11% year-over-year. The Progressive Corporation (NYSE: PGR) reported its total personal auto insurance policies in force were 25,430,000 in May 2025, an increase of 4,177,900 or 19.7% from 21,252,100 in May 2024. The May total personal auto policies in force set a new record for the company. The growth in Progressive’s policies […]

Filed Under: News Tagged With: Earnings, Net Written Premiums, Policies in Force, Progressive Insurance

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