Preliminary results indicate consumer views on the economy continue to deteriorate. Consumer sentiment continued moving down in preliminary September results according to the University of Michigan’s Surveys of Consumers report released today. The Consumer Sentiment Index declined to 55.2 in early September, down 2.8 points or 4.8% from 58.2 in the August survey. The Consumer […]
Wesco Group Acquires DealerShop Paint Distribution Division
Wesco Group announced the acquisition of DealerShop’s Paint Distribution Division, expanding the paint and body equipment distributor’s U.S. operations. The acquisition adds to Wesco Group’s network of locations serving automotive refinish, industrial, commercial, aerospace and marine markets. Financial terms were not disclosed. DealerShop, based in Bloomfield Hills, Michigan, operates what it calls the first U.S.-based […]
Cyber Attack Continues to Stall Jaguar Land Rover Vehicle Production
Jaguar Land Rover (JLR) vehicle production remains halted at sites globally as the result of a cyber attack the company acknowledged over a week ago. The company first acknowledged the attack in a statement September 2. The company said at the time, “JLR has been impacted by a cyber incident. We took immediate action to […]
Shifting Gears Automotive Technician Training Program Celebrate 11 Years Helping Veterans Transition to Technician Careers
A partnership between defense contractor V2X Inc., General Motors and the U.S. Army at Ford Hood, Texas has trained about 1,000 veterans as automotive technicians over 11 years, with all graduates finding jobs at GM dealerships. The Shifting Gears Automotive Technician Training Program, launched in 2014 at Fort Hood, provides eight weeks of hands-on training […]
Interview: CCC’s Dan Risley Examines Trends in Scanning, Calibration and the Impact on Cycle Time
Risley details CCC estimate and supplement data on diagnostic scanning and calibrations and new integration partnerships to help capture procedures earlier in repair process and improve documentation. The collision repair industry has reached a pivotal moment in diagnostic scanning adoption while facing new challenges with calibration identification in estimates that impact cycle times, according to […]
Caliber Acquires Mobile Repair Firm to Expand Fleet Services
Caliber has acquired Car Body Lab, a mobile auto body repair service operating in 20 cities across seven states. Financial terms of the transaction were not disclosed. The acquisition expands Caliber’s fleet solutions division, which provides repair services to large commercial vehicle fleets. Car Body Lab will continue operating as a standalone business. “Caliber is […]
CSN Collision Adds Windsor, Nova Scotia Shop to Network
CSN Collision announced it has added Windsor Collision Centre to its network of collision repair facilities. The shop is located in Windsor, Nova Scotia. Windsor Collision Centre was founded in the mid-1960s and acquired by Leonard Adams on Oct. 1, 2019. Adams rebranded the business as Windsor Collision Centre Limited. He has nearly 40 years […]
U.S. Employer Health Care Costs Projected to Rise 9.5% in 2026
U.S. employer health care costs are projected to increase 9.5% in 2026, exceeding $17,000 per employee, according to data released Wednesday by Aon plc. The increase marks the third consecutive year of health care cost trends approaching double digits. Rising chronic conditions, including musculoskeletal and cardiovascular disease, along with high-cost conditions like cancer, are driving […]
TOPDON US Sponsors ASE Education Foundation for Automotive Workforce Training
Automotive tool manufacturer TOPDON US has signed a sponsorship agreement with the ASE Education Foundation to support automotive technician education and training programs. TOPDON has donated more than $300,000 in products and cash to automotive education organizations through its TOP-UP Academic Initiative. “ASE offers one of the most respected certifications an automotive repair professional can […]
Wholesale Used-Vehicle Prices Flat in August Month over Month
The Manheim Used Vehicle Value Index was up slightly year over year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were flat in August compared to July. The Manheim Used Vehicle Value Index (MUVVI) was unchanged at 207.4, representing a 1.7% increase from the same period last year. The seasonal adjustment softened […]
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