Preliminary results show declines compared to July and index remains below year ago levels. The University of Michigan Index of Consumer Sentiment was down over three index points from July according to the preliminary results for August released Friday. The preliminary result of 58.6 was 3.1 points or 5% lower than 61.7 in July. The […]
Ford Announces $5B Investment in Electric Vehicle Production
Vehicle manufacturer plans midsize electric pickup starting at $30,000 for 2027 launch. Ford Motor Company (NYSE: F) announced a $5 billion investment to develop a new electric vehicle platform and transform manufacturing processes, with plans to produce a midsize electric pickup truck starting around $30,000. The investment will create or secure nearly 4,000 jobs across […]
Louisiana Auto Insurers File Rate Reductions as Accident Frequency Drops
Louisiana auto insurance companies have filed more than 20 rate reductions since January, with 14 cuts exceeding 1%, as reduced accident frequency drives down claims costs, state Insurance Commissioner Tim Temple announced August 14. “As cost drivers in the market go down, losses go down with them, and businesses are incentivized to compete for customers […]
Plymouth Rock Names New COO, Claims Chief
Plymouth Rock Assurance Corp. appointed Brooke Bass as chief operating officer (COO) and Dale Brooks as chief claims officer (CCO) for its Independent Agency Group, the Boston-based insurer announced August 12. Bass will oversee claims and customer service operations. She previously served as senior vice president of auto physical damage claims for U.S. retail markets […]
U.S. Auto Body Repair Prices in July Up Compared to Previous Month and Year
Auto body prices have been up on a month-over-month basis since February. The most recent government figures on inflation through July show the auto body repair prices were up versus June and July 2024. The rate of growth of auto body repair prices, a measure of the amount spent on body repairs across the U.S., […]
Maryland Chevrolet Dealer to Pay $30,000 to Settle EEOC Disability Discrimination Suit
Automobile dealership forced out employee with PTSD, federal agency charged. Criswell Chevrolet, Inc. will pay $30,000 and provide other relief to settle a federal disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. As CollisionWeek reported May 30, the EEOC charged that Criswell Chevrolet violated federal law by refusing […]
Auto Insurance Shopping Remains Elevated as Carriers Face Retention Challenges
Auto insurance shopping increased 18% year-over-year in the second quarter of 2025, with shopping activity peaking in March before sustaining through May, according to TransUnion’s latest Insurance Personal Lines Trends and Perspectives Report. The report found that 42% of auto insurance shoppers switched carriers in the past 18 months, with 25% of recent switchers having […]
TechForce Foundation Awards Record $1 Million in Scholarships in June
Elects new board leadership, hires VP of Development. The TechForce Foundation awarded $1 million in student scholarships in June, marking a significant increase from the organization’s $1 million annual distribution just a few years ago. The nonprofit also announced new board leadership and welcomed a vice president of development as it seeks to expand its […]
PPG Reaches 3,000 Installation Milestone for Automated Paint Mixing System
PPG Industries Inc. (NYSE: PPG) has installed its 3,000th MoonWalk automated paint mixing system globally, reaching the milestone at a Wren’s Collision Group facility in Auburn, Ala. PPG launched the MoonWalk system in 2019. The automated mixing technology is now used at collision centers in more than 60 countries. “We are proud to be a […]
Collision Repair Education Foundation’s 23rd Annual Golf Fundraiser Raised More than $120,000
Funds raised will support collision schools and students. The Collision Repair Education Foundation’s (CREF) 23rd Annual Golf Fundraiser, co-hosted by PPG Automotive Finishes, was among the biggest and best in the organization’s history. Held July 22 at the Philmont Country Club in Huntingdon, Pa. the annual event enjoyed participation from 120 golfers and nearly 30 […]
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