Celette Inc. announced the acquisition of Wedge Clamp Systems Inc., a company based in Canada that specializes in floor systems for automotive, light trucks and bus collision repair. For 70 years, Celette has been delivering productive and innovative body repair equipment to the automotive industry. Wedge Clamp Systems has delivered a variety of innovative products […]
Registration Open for 2023 SEMA Show
Registration for the 2023 SEMA Show is now open online. Featuring thousands of exhibitors and brands, the October 31-November 3 event at the Las Vegas Convention Center will showcase the hottest products in, and tools for, automotive customization. Businesses that sell or distribute automotive parts will find special Show deals, make quality connections with manufacturers, […]
AASP-MN Awards $20,000 in Scholarships to Automotive Service and Collision Repair Students
The Alliance of Automotive Service Providers of Minnesota (AASP-MN) announced it has awarded twenty-two scholarships totaling $20,000 to help automotive service and collision repair students pay for tuition or tools during the 2023-24 school year. The scholarships are in the amounts of $500 – $1,500 and are made possible by the generous donation from the […]
ASE Education Foundation Seeking Outstanding Instructor for the 2023 Byrl Shoemaker Award
Nominations are now being accepted for the 2023 Bryl Shoemaker/ASE Education Foundation Instructor of the Year. The award recognizes a high school or college instructor from an ASE accredited automotive, diesel/truck or collision repair program who demonstrates excellence through their personal dedication and commitment to the young men and women who have chosen to pursue […]
Toyota Auto Insurance Launches in California
Entry into the largest auto insurance market in the U.S. marks the ninth state where vehicle manufacturer’s insurance product is available. Toyota Auto Insurance, the vehicle manufacturer’s branded insurance product, is now available to customers residing in California. Introduced to select markets in 2021, Toyota Auto Insurance offers customers quality, customizable coverage at affordable rates. […]
GEICO Reports Collision Claim Severity 7-8% Higher in First Quarter Compared to Last Year
Collision frequency was down for the quarter. Berkshire Hathaway reported its first quarter earnings, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. on May 6. The company reported claims frequencies in the first quarter of 2023 were lower for property damage (five to six percent range) […]
Crash Champions Founder & CEO Matt Ebert Named EY Entrepreneur Of The Year Midwest Finalist
Crash Champions announced that founder and CEO Matt Ebert has been named a finalist for the 2023 Ernst & Young (EY) Entrepreneur Of The Year Midwest Award. Now in its 37th year, the EY Entrepreneur Of The Year Award is one of the most competitive and esteemed recognitions, celebrating transformative leaders of high-growth companies building […]
Gary Ferrera Named Executive Vice President and Chief Financial Officer at Driven Brands
Driven Brands Holdings Inc. (NASDAQ:DRVN) announced that Gary W. Ferrera has been appointed Executive Vice President and Chief Financial Officer, effective May 10. Ferrera will report to President and Chief Executive Officer Jonathan Fitzpatrick and succeeds Tiffany Mason. “Gary is a proven leader who brings deep experience leading financial teams, a strong track record in […]
Interview: Jason Verlen, CCC Intelligent Solutions Details Crash Course Trends
Verlen discusses the factors influencing collision repair and auto insurance claims. In our video interview, Jason Verlen, CCC’s vice president, product marketing, details key macro and micro trends that are impacting vehicle owners, driving behaviors and ultimately the collision repair and auto insurance claims industries. To help understand the trends and how they are impacting […]
Allstate Reports Loss in First Quarter
Auto insurance written premiums increased over 10%. The Allstate Corporation (NYSE: ALL) total revenue of $13.8 billion in the first quarter of 2023 increased 11.8% compared to the prior year quarter driven by a 10.8% increase in Property-Liability earned premium and net gains on investments and derivatives in the first quarter of 2023 compared to […]
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