Greenbriar Equity Group, L.P. today announced that funds managed by Greenbriar recently completed the recapitalization of VIVE Collision in partnership with the Company’s management and Garnett Station Partners, LLC. Financial terms of the private transaction were not disclosed. Founded by Vartan Jerian, Jr., Scott Leffler and Philip Taub, VIVE operates 35 collision repair facilities in […]
Fix Auto Adds Collision Repair Center to Network in Saint- Eustache, Quebec
Fix Auto announced the addition of Fix Auto Saint-Eustache to its network of collision repair centers in Quebec. Daniel Roy, who has been in the field since 1981, founded the business in 1991 with his partner, Linda. Over the years, the business has seen significant growth, from its first service point in Les Cèdres in […]
CIF 13th Annual Charity Event January 16 in Palm Springs
The Collision Industry Foundation (CIF) announced its 13th Annual Charity Event, Cocktails for a Cause will be held in Palm Springs, Calif. on Tuesday, January 16, 2024, at the Agua Caliente Casino in the private room, CASCADE Lounge. The event will feature: Live drawing for prizes Great food and beverages Industry networking, and The CIF […]
Progressive Personal Auto Policies in Force Up Over 10% in October Compared to Last Year
Total personal auto policies in force were down month-over-month. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,479,600 in October, down 39,000 or 0.2% from 19,518,600 in September. October’s policies in force represent an increase of nearly 1.8 million or 10.2 % from 17,680,400 in October 2022. While up […]
Former SCRS and I-CAR Chair Rex Womble Passes Away
Rex Womble, who was an active leader in the collision repair industry for more than four decades, passed away November 12th at the age of 90. Womble, the former owner of B&B Body & Paint in Austin, Texas, was a founding member of the Society of Collision Repair Specialists (SCRS) and the organization’s fifth chairperson, […]
December 14 CIECA Webinar Examines Increasing Demand of AI and Data in the Collision Industry
The Collision Industry Electronic Commerce Association (CIECA) announced that its next Webinar is scheduled for Thursday, December 14 at 2 p.m. (EST) titled The Increasing Demand of AI and Data in the Collision Industry. The one-hour webinar will feature Sumit Chauhan, co-founder and chief operating officer (COO) of CerebrumX. Registration for the webinar is available […]
Hyundai and Amazon Partner for Online Vehicle Sales and Cloud Services
Amazon to launch online vehicle sales in the U.S., starting with Hyundai in 2024, making it more convenient for customers to find and buy a vehicle and pick it up from their local dealer. Amazon (NASDAQ: AMZN) and Hyundai Motor Company announced a strategic partnership that includes Amazon launching online sales of Hyundai vehicles in […]
U.S. Auto Body Repair Prices Up Over 3% in October Compared to Last Year
Prices were up year-over-year, but declined on a month-over-month basis. The most recent government figures on inflation through October show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 28th month in a row, but the year-over-year (YoY) rate of increase continues to decline […]
Solera Global EV Research Shows 29% Higher Overall EV vs. ICE Repair Costs in Side-by-side Model Comparison
Solera Holdings, LLC announced the results of global research looking at repair cost trends of electric vehicles (EVs) in comparison to internal combustion engine (ICE) repair costs. The comparative study considered aggregate international analytics across 20 countries; Solera’s global claims database aggregates and normalizes raw claims data to provide insights into important performance metrics such […]
National Transportation Safety Board Calls for Technology to Reduce Speeding in All New Cars
Agency says fatal crash investigation highlights need for intelligent speed assistance technology and countermeasures including interlock program for repeat speeding offenders. The National Transportation Safety Board (NTSSB) investigation into a multivehicle collision in North Las Vegas, Nevada, last year that resulted in nine fatalities has led the board to recommend a requirement for intelligent speed […]
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