The personal consumption expenditures index was above 9.7% in 10 states in 2022. Nationally, personal consumption expenditures (PCE), in current dollars, increased 9.2 percent in 2022 after increasing 12.9 percent in 2021. PCE increased in all 50 states and the District of Columbia, with the percent change ranging from 11.8 percent in Idaho to 6.4 […]
Boyd Group Says UAW Strike Hasn’t Impacted its Parts Supply to Date But Cautions Long Strike Could Cause Disruptions
Boyd Group Services Inc. (TSE: BYD) yesterday commented on the potential impact of the United Auto Workers (UAW) labor strike. “To date, the Strike has not impacted our ability to source parts required to complete collision repairs; however, should the Strike continue for an extended period of time, it is possible that parts supply from […]
Hertz Corporation’s Kristle Bollans Joins Collision Repair Education Foundation Board of Directors
The Collision Repair Education Foundation (CREF) announced Kristle Bollans, Senior Director of Replacement Accounts for The Hertz Corporation, to its Board of Directors. “The Foundation is thrilled to have Kristle join our Board of Directors,” shares CREF Executive Director Brandon Eckenrode. “Her industry experience will certainly be a major asset, and I look forward to […]
California Insurance Department Fines App-Based Auto Insurer and Underwriter for Mishandling Claims
Department investigation leads to settlement with app-based auto insurance seller Go Maps and insurer Topa for mishandling claims. The California Department of Insurance announced two settlement agreements with Go Maps, Inc. (Go Maps) and its insurance underwriter, Topa Insurance Company (Topa), after an investigation into complaints that consumer claims were mishandled for more than two […]
ASE Education Foundation Thanks Partners for Supporting its Mission to Solve Technician Shortage
The ASE Education Foundation is thanking its industry partners and supporters as the organization continues to deliver innovative programs that help increase the number and diversity of service professionals entering the industry workforce. “We extend our gratitude to all of our industry partners who offer invaluable support to the ASE Education Foundation year after year,” […]
Consumer Federation of America Report Highlights Top U.S. Insurance CEO Pay
According to consumer group, as insurance rates increase, CEOs at 10 largest auto and home insurers were paid a quarter billion dollars in past two years. But a CollisionWeek analysis shows CEO compensation doesn’t appear to be keeping pace with the rate of overall inflation. A Consumer Federation of America (CFA) review says insurance executive […]
Classic Collision Opens New Repair Center in Bloomington, Minnesota
Classic Collision, LLC announced the opening of a new collision repair center, a newly renovated facility in Bloomington, Minn. Classic Collision Bloomington is located near the Mall of America, a few miles south of downtown Minneapolis. This 20,500 sq. ft. location is Classic’s eighth location in the state. “We are pleased to have found this […]
Joe Hudson’s Collision Center Acquires Four Store MSO in Arkansas
Acquisition marks entry into 15th state. Joe Hudson’s Collision Center (JHCC) announced the acquisition of Steve’s Auto Body, with four locations in Jonesboro, Marion, Paragould, and Searcy, Ark. The acquisition of the four locations closed in mid-September, making them the first Joe Hudson’s Collision Center locations in Arkansas. This acquisition brings the total number of […]
Safelite Group Acquires Auto Glass Company with 3 Locations in Colorado
Safelite Group announced today an agreement to acquire the assets of Colorado-based Sun Auto Glass. The transaction was completed on Friday, September 29. With locations in Cortez, Pagosa Springs and Durango, Colo., the combined businesses broaden Safelite’s footprint in the state. “It’s an exciting time in our business as we continue to expand our reach […]
IAA’s Mark Helvenston Joins SkillsUSA Board of Directors
Mark Helvenston, vice president, industry relations and alliance partnerships for IAA, an RB Global company, was recently elected to serve as a business and industry representative on the SkillsUSA Board of Directors. “It is my honor to serve on the SkillsUSA board of directors and take a more influential role in helping to deliver the […]
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