The National Auto Body Council Body (NABC) announced that Josh Byers, general manager of Automotive Color & Supply, is the 2021 recipient of the NABC Changing and Saving Lives Award. The award was presented to Byers by NABC board member Brian Driehorst, VP of Sales for Original One Parts. It features an engraved trophy to […]
Verisk and Ford Partner on Connected Car Data for Auto Insurance in Europe
The agreement gives Verisk license to supply connected car data to insurers in the UK, France, Germany, Italy and Spain. Verisk (NASDAQ:VRSK), a global data analytics provider, announced an agreement with Ford Motor Company (NYSE:F). As part of the agreement, Verisk can offer standardized, insurance-ready telematics data from connected Ford vehicles in Europe to assist […]
Nationwide Insurance Announces $21 Minimum Wage
Nationwide announced it is again raising the minimum wage it will pay for its workforce. The Columbus, Ohio-based insurance and financial services provider is raising its minimum pay to $21 per hour, effective April 4, which makes it a leading employer providing one of the highest minimum wages in the country. The change will impact […]
U.S. Light Vehicle Sales Declined 12% in February Compared to 2021
Even with higher fleet sales in February, lean inventories keep curbing the U.S. Light Vehicle sales. U.S. Light Vehicle sales continued to struggle in February due to slim inventories. According to LMC Automotive, the automotive global forecasting and market intelligence company, sales fell to 1.05 million units, down by 12% year-on-year (YoY). Only four of […]
AAA Reports Russia-Ukraine Conflict Continues to Cause Pain at the Pump as Gas Prices Up 45 Cents on Week
As the conflict between Russia and Ukraine continues, crude prices soar, leading to higher pump prices in the U.S. According to AAA, the national average for a gallon of gas is $4.06, 45 cents more than a week ago, 62 cents more than a month ago and $1.30 more than a year ago. The national […]
ABPA 2022 Convention Features Boyd Group’s Tim O’Day
The Automotive Body Parts Association (ABPA) announced that Tim O’Day, President and CEO of Boyd Group Services will be presenting to ABPA Convention attendees on Thursday, May 5. O’Day serves as the President & Chief Executive Officer of Boyd Group Services Inc. In his role, he has overall responsibility for the affairs of Boyd, including […]
Sony and Honda Sign Memorandum of Understanding on Strategic Alliance to Jointly Develop EVs
Sony Group Corporation and Honda Motor Co., Ltd. on March 4 announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies have signed a memorandum of understanding that outlines their intent to establish a […]
NHTSA Proposes Updates to Five-Star Safety Ratings Program
The U.S. Department of Transportation’s National Highway Traffic Safety Administration has proposed significant safety updates to its flagship 5-Star Safety Ratings program. These improvements are part of efforts to improve safety on our nation’s roads and will help fulfill requirements included in the Bipartisan Infrastructure Law. NHTSA is proposing the following updates to its 5-Star […]
U.S. Gasoline Demand Rebounds in February
While the surge in COVID-19 cases impacted demand in January, February gasoline consumption closed in on 2019 levels despite higher fuel prices. Gasoline demand rebounded sharply in February following four weeks of declines throughout January. The four-week moving average of gasoline consumption had been above 2019 levels for four of five weeks reported in December, […]
1Collision Adds Collision Repair Center to Network in California
1Collision announced the addition of JNS United Auto Body, Inc., located in Reseda, Calif. to its network. Established in 2011, the business prides itself on being a customer-focused facility that repairs vehicles properly. The original 800-square-foot shop has grown over the years and now occupies a 15,000-square-foot building. “I decided to join 1Collision because I’m […]
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