AAA reports that pump prices continued to decline, falling another 12 cents since last week to $4.67. The dip in the national average for a gallon of gas occurred despite a slight rise in demand, likely due to robust July 4th holiday automobile travel. AAA forecasted that 42 million people would hit the roads for […]
Lift Auto Group Acquires 5 Collision Repair Centers in British Columbia
Lift now operates 29 locations. Lift Auto Group continues its expansion in the Canadian collision repair industry following its most recent acquisition of Abougoush Collision, with five collision repair shops located throughout the British Columbia (BC) Interior. Previously owned by Methal Abougoush, Abougoush Collision was a very successful and long-standing licensee that conducted business as […]
Manheim Used-Vehicle Data Shows Signs of Market Normalcy After Unprecedented 2020 and 2021
Prices declined month-on-month, but remain nearly 10% higher than a year ago on an adjusted basis. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis decreased 1.3% in June from May. This brought the Manheim Used Vehicle Value Index to 219.9, up 9.7% from a year ago. The non-adjusted price change in June […]
August 3 Webinar Details PPG AdjustRite Commercial Estimating System for RVs
PPG (NYSE: PPG) announced that it will conduct a live webinar on August 3 at 12pm to highlight the exclusive benefits of its PPG AdjustRite commercial estimating system for recreational vehicle (RV) repairs. The session will be presented by HD Repair Forum, which is an information source for those involved in collision repair of heavy- […]
ASE Hosts 50th Anniversary Celebration
Past Chairmen in attendance at Board of Governors event. The National Institute for Automotive Service Excellence (ASE) hosted its Board of Governors meeting in Herndon, Virginia. The event had extra special meaning as many past ASE chairmen were in attendance as special guests to celebrate the 50th anniversary of ASE. The following ASE chairmen, dating […]
Southeast Collision Conference Celebrates Successful Debut
On June 23-25, over 200 collision repair professionals gathered at the Gateway Conference Center in Richburg, S.C. for the inaugural Southeast Collision Conference, hosted by the Carolinas Collision Association (CCA), Gulf States Collision Association (GSCA) and Tennessee Collision Repairers Association (TCRA). The three-day event featured a dozen classes taught by leading industry trainers, 42 exhibitor […]
Husband and Wife Sentenced to Federal Prison for Fraudulent Tax Filings of Maryland Collision Repair Facility
Defendants required to pay over $2 million in restitution. On July 5 U.S. District Judge Paula Xinis sentenced Ercin Kalender, age 61, of Alexandria, Virginia and Lizette Kalender, age 44, of Alexandria, Virginia to one year and one day in federal prison, followed by three years of supervised release, for conspiracy related to tax fraud […]
Driven Brands Acquires Florida Auto Glass Chain
Driven Brands Holdings Inc. (NASDAQ:DRVN) announced the acquisition of Florida-based K&K Glass. Driven Brands’ fifth U.S. automotive glass acquisition will be reported in its Paint, Collision, and Glass segment. “We were proud to kickstart our entry into the U.S. automotive glass market with the acquisition of Auto Glass Now,” said Michael Macaluso, EVP and paint, […]
US Light Vehicle Sales Fell by 13% in June Compared to 2021
Sales have declined by 1.5 million units in the first half of 2022 from last year. As OEMs continue to struggle to build enough vehicles to meet demand, US Light Vehicle sales fell by 13% YoY in June, according to LMC Automotive, the automotive forecasting and market intelligence firm and GlobalData company. June volumes added […]
Elephant Insurance Extends Relationship with CCC
CCC Intelligent Solutions today announced Elephant Insurance will extend its use of CCC technology to include its AI-powered, digital claims solutions. Specifically, Elephant will leverage CCC’s technology to help digitize and further transform total loss resolution, advancing the insurer’s ability to deliver straight-through processing across the claims experience. “Today’s drivers expect a seamless digital process […]
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