Search for lower rates and higher vehicle sales drive consumer shopping for insurance, ultimately changes in market share. Auto insurance shopping rates were up 12% in Q2 2023, compared to the same time in 2022 according to TransUnion’s (NYSE: TRU) latest quarterly Insurance Personal Lines Trends and Perspectives Report. While vehicle sales played a role […]
Used-Vehicle Sales Estimated Up in July Compared to June
Year-to-date sales also up over last year. Sales for July, however, were down from a year ago. According to Cox Automotive estimates based on vehicle registration data, total used-vehicle sales in July increased approximately 2.1% from June to just over 3 million units. The July increase follows a slight increase in June, as used-vehicle sales […]
EV Manufacturer VinFast Completes SPAC Combination, Will Be Listed on NASDAQ
VinFast Auto Ltd. and Black Spade Acquisition Co (NYSE: BSAQ) announced the completion of their previously announced business combination. The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the NASDAQ stock exchange under the ticker symbols VFS and VFSWW, respectively, today. The Vietnam-based electric […]
California Bureau of Automotive Repair Offers Online License Printing
The California Bureau of Automotive Repair (BAR) announced a new license print feature online. The new feature offers licensees self-service license printing, eliminating the need to wait for the license mailed by BAR’s print vendor or request a duplicate/replacement license. Online license printing is available for both business and inspector/technician licenses. After entering the business […]
Mark Afable and Cory Nettles Join the American Family Board
American Family’s board of directors has elected two new members, Mark Afable and Cory Nettles. They will begin their service January 1, 2024. “A strong board of directors with broad and diverse experience and backgrounds is essential to fulfilling our purpose as a mutual company,” said Bill Westrate, chair-elect of the board and American Family […]
Collision Repair Education Foundation Announces Over $130,000 in Scholarships and Tool Grants
Nearly 90 collision repair students receive industry support facilitated by CREF. The Collision Repair Education Foundation (CREF) announced the recipients of its 2023 Scholarships and Tool Grants, funded through the generosity of a multitude of small and large industry partners. With the industry’s support, CREF funded over $130,000 in 2023 scholarships and tool grants, benefitting […]
Classic Collision Adds Two New Repair Centers in Florida
Classic Collision, LLC, announced the acquisition of Buchholz Paint & Auto Body with two collision repair centers in the Gainesville, Fla. market. “We are a family business and believe that our customer needs to be treated as family. I’ve seen firsthand that Classic Collision treats everyone like family,” stated Brad Buchholz former owner of Buchholz […]
Collision Services, Auto Body Toolmart, I/D/E/A and Sid Savage Become US Auto Supply
Four automotive brands, Collision Services, Auto Body Toolmart, I/D/E/A and Sid Savage, unveiled their new, unified identity as US Auto Supply, setting a new legacy in the automotive supply sector. Stemming from their roots with former parent company Whitewater Brands, this move will see US Auto Supply harnessing over two centuries of combined expertise among […]
AASP/NJ Repair Planning for Profitability Seminar September 27
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced it will host the second part in an ongoing series of discussions on how to improve and succeed in the automotive repair industry with What’s Next? Repair Planning and Repair Logic on Wednesday, September 27 at 6:30 p.m. at the Indasa USA Training Facility […]
Adam Caddeo Named Regional Manager for Australasia at Hunter Engineering
Hunter Engineering announced Adam Caddeo as its new regional manager for parts of Europe and Australasia. Caddeo started with Hunter on July 1, following the retirement of Paolo Molinari. Caddeo’s responsibilities will include Australia, Tasmania, New Zealand, Papua New Guinea, Spain, Portugal, Holland, Denmark and Iceland. Caddeo assumes his new position with considerable knowledge of […]
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