EVs have higher than average vehicle repair costs and cycle time. Mitchell, an Enlyte company, today reported that electric vehicle (EV) repairable claims frequency increased in Q1 2023 to 1.13% in the US and 2.41% in Canada. The data was featured in the company’s latest Plugged-In: EV Collision Insights publication, which provides up-to-date EV claims […]
BASF Coatings Division Names Heads of Global Automotive OEM, Refinish and Surface Treatment Business Units
Effective August 1, the Coatings division of BASF will implement global units for its Automotive OEM Coatings Solutions and Automotive Refinish Coatings Solutions businesses. With the new organizational setup, BASF better serves its global customers who increasingly ask for global support and services. Patrick Zheng Yu Zhao will take charge of the new Global Automotive […]
St. Louis Area Clays for Careers Event Raises More Than $11,000 for Automotive and Collision Repair School Programs
On Tuesday, April 25, St. Louis-based automotive and collision repair businesses participated in the first-ever Clays for Careers sporting clays event. The clay shoot brought together over 15 companies from throughout the industry with one goal: assist students pursuing trades by supporting local tech schools’ automotive and collision repair programs. The three schools benefiting from […]
Audatex, CCC and Mitchell Donate Software Subscriptions to Schools Through Collision Repair Education Foundation
Each year, thousands of collision repair students across the country receive the opportunity to learn on the same software widely used by the collision repair facilities and insurance carriers – at no cost to the school or students – thanks to the generosity of Audatex, a Solera Company; CCC Intelligent Solutions Inc. (CCC); and Mitchell, […]
Average Age of Light Vehicles in the US Hits Record High 12.5 years
S&P Global Mobility reports aging trend continues as new vehicle sales remain under pressure. Number of passenger cars to hit lowest point since 1978. With more than 284 million vehicles in operation (VIO) on U.S. roads, the average age of cars and light trucks in the US has risen again this year to a new […]
VinFast Selects Fixico for European EV Body Repair Network and Aftersales Infrastructure
VinFast, Vietnam’s first global manufacturer of battery-powered electric vehicles (EVs), has selected Fixico for its European body repair network and scalable EV aftersales service management platform. By partnering with Fixico, VinFast offers customers access to a network of 3,000+ body repair shops across Europe. Under the European collaboration agreement, the service will be initially available […]
Toyota Research Institute Invests Over $100M in Collaborative Research Program with U.S. Universities
Partnerships with MIT, Stanford, Columbia, and others address some of the world’s greatest challenges, including aging society, climate change, and human understanding. The Toyota Research Institute (TRI) announced the latest results of its collaborative research program with U.S. academic institutions. This initiative has funded $100M of research and generated over 1250 paper submissions since its […]
AASP/NJ Awarded $5,000 to Northeast Trade Show Attendees
For the second year in a row, the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) awarded $5,000 ($500 each) to 10 lucky attendees who were randomly selected throughout the weekend to win the funds toward a purchase at the association’s flagship event. The contest is a win-win for all involved including show-goers, exhibitors […]
Nominations Open for TechForce’s 2023 Techs Rock Awards
Five professional transportation/mobility technicians to be recognized nationally for outstanding contributions as role models in their shops and communities. TechForce Foundation’s 5th annual Techs Rock Awards season begins today. TechForce created these awards to honor professional technicians who are full of passion and grit, exhibit true excellence in their work and inspire the next generation […]
Wholesale Used-Vehicle Prices Decline in April
After increasing during the first quarter, prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, decreased 3.0% in April from March. The Manheim Used Vehicle Value Index (MUVVI) dropped to 230.8, down 4.4% from a year ago. “While values increased 8.6% through the first quarter from […]
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