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Automotive Recyclers Association Partners with Worcester Polytechnic Institute on Greenhouse Gas Emission Study

April 3, 2023 By CollisionWeek Editor

Association believes repairing vehicles with recycled parts is a path to meeting net-zero carbon emissions. Automotive Recyclers Association (ARA) announced that it has partnered with Worcester Polytechnic Institute (WPI), located in Worcester, Mass., to undertake a nationwide study that will examine the environmental benefits of automotive recycling. Specifically, the research study will develop greenhouse gas […]

Filed Under: News Tagged With: Automotive Recyclers Association, Greenhouse Gas Emissions, Recycled Parts, Worcester Polytechnic Institute

ASA Thanks Repairers Who Helped Defeat Texas Vehicle Safety Inspection Bill

April 3, 2023 By CollisionWeek Editor

The Texas Senate Transportation Committee rejected legislation that would have eliminated Texas’ vehicle safety inspection program. Senate Bill (SB) 684’s committee substitute failed by a vote of three in favor and five against. Research clearly demonstrates that regular testing of a vehicle’s tires, brakes, windshield wipers, lights and beams, seatbelts, and airbag systems plays a […]

Filed Under: News Tagged With: Automotive Service Association, legislation, Safety Inspection, Texas

Classic Collision Acquires New Repair Centers in Denver and Orlando

March 31, 2023 By CollisionWeek Editor

Classic Collision, LLC announced two new acquisitions on March 31. The company acquired BJ’s Auto Theft & Collision in Commerce City, Colo. and Irish Mike’s Collision in Orlando, Fla. “Our goal has been to maintain communication with our customers to guarantee that we make it a positive experience during difficult times and know that Classic […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Colorado, Florida

Consumer Sentiment Declines in March

March 31, 2023 By CollisionWeek Editor

Weakening outlook due to high prices, not banking turbulence. Consumer sentiment fell for the first time in four months in the wake of a 13% decline in consumers’ outlook over the economy for the year ahead, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 62.0 in the March […]

Filed Under: News Tagged With: Consumer Sentiment Index, University of Michigan

Insurance Information Institute Says U.S. Insurers Remain Resilient Despite Economic Challenges

March 31, 2023 By CollisionWeek Editor

Slow underlying growth and inflation are among the biggest challenges facing U.S. auto, home, and business insurers, according to the Insurance Information Institute (Triple-I) Q1 2023 Economic Outlook. The Outlook’s key takeaways include: Property/casualty (P/C) insurance, a category which includes U.S. carriers who underwrite auto, home, and business coverage, saw its cyclical underlying growth rebound […]

Filed Under: News Tagged With: Insurance Information Institute, Property Casualty Insurance

Colors On Parade Partners with Sherwin-Williams on Color Matching Technology

March 31, 2023 By CollisionWeek Editor

Colors On Parade, the service provider of mobile automotive paint and body repairs in the U.S. has partnered with Sherwin Williams Automotive to bring SMARTmatch Technology to the general public. Colors On Parade has been a major service provider to the automotive dealership industry for 35 years with over 250 service units in 55 markets […]

Filed Under: News Tagged With: Agreements Signed, Colors on Parade, Sherwin-Williams

Sean Krause Nominated to Join Executive Committee of Automotive Recyclers Association

March 31, 2023 By CollisionWeek Editor

The Automotive Recyclers Association (ARA) announced that professional automotive recycler Sean Krause of Speedway Auto, Ltd. in Joliet, Ill. has been nominated to join the Association Executive Committee as Secretary for 2023-2024.  Sean is the CEO of Speedway Auto, Ltd. alongside his father, Paul Krause, who established the business in 1969 with his wife, Indra. […]

Filed Under: News Tagged With: Automotive Recyclers Association, Board of Directors, People

April 20 CIECA Technical Webinar Features Microsoft API Architect Darrel Miller

March 31, 2023 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) today that a special guest speaker, Darrel Miller, API Architect at Microsoft, will present during the next CIECA Technical Webinar. The presentation, Open API Development Best Practices & Lessons Learned, will take place on Thursday, April 20 at 2 p.m. (EDT). Registration for the April 20 CIECA Webinar […]

Filed Under: News Tagged With: Collision Industry Electronic Commerce Association

Top 10 U.S. Auto Insurers Had Over 76% Market Share in 2022

March 30, 2023 By CollisionWeek Editor

Progressive moves into second place on the list of top 10 private passenger auto insurers. NAIC reports auto insurance premiums earned up nearly 5% in 2022. Total direct premiums earned on private passenger auto insurance were $270.26 billion in the U.S., up 4.86% from 57.7 billion in 2021 according to final data released March 28 […]

Filed Under: Research Tagged With: Auto Insurance, National Association of Insurance Commissioners

Ford Donates $1 Million to Fund Technician Scholarship Program

March 30, 2023 By CollisionWeek Editor

Scholarship fund, administered by the TechForce Foundation, is backed by Ford Fund and Ford Dealers will help meet the high demand for highly skilled automotive technicians across the industry. Ford Motor Company Fund, the company’s philanthropic arm, is joining Ford dealers across four U.S. regions – Atlanta, Chicago, Dallas, and Phoenix – to provide $1 […]

Filed Under: News Tagged With: Ford, Scholarships, TechForce Foundation

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