Expectations of future conditions hit all-time low. Owners reporting inflation as biggest business problem highest since 1980. The National Federation of Independent Business (NFIB) Small Business Optimism Index dropped 3.6 points in June to 89.5, marking the sixth consecutive month below the 48-year average of 98. Small business owners expecting better business conditions over the […]
AAA Research Says Quarter of Americans Would Likely Buy EV as Next Vehicle
Unsurprisingly, AAA finds that gas prices are leading Americans to go electric. AAA’s latest consumer survey reveals that one-quarter of Americans say they would be likely to buy an electric vehicle (powered exclusively by electricity, i.e., not a hybrid) for their next auto purchase, with Millennials leading the way (30%). Of those who want to […]
American Family Insurance Partners with Tractable to Streamline Claims Operations
American Family Insurance is partnering with Tractable to apply its artificial intelligence (AI) solutions. Specifically, American Family Insurance Claims Services (AFICS) will be using Tractable as part of its claims subrogation settlement process. American Family is one of the earliest top ten private passenger auto carriers in the US to apply Tractable’s AI to claims, […]
BASF Partners with European Association of Peugeot Car Dealers
BASF Global Automotive Refinish Coatings Solutions, a business unit of BASF’s Coatings division, announced a partnership with the European Association of Peugeot Car Dealers (AECP). The AECP, which brings together dealers from eleven European countries, works hand-in-hand with Peugeot and Stellantis Group to establish professional guidelines for automotive retailing and ensure close collaboration between the […]
Identifix Direct-Hit Includes New Enhanced Wiring Diagrams
Features will save technicians time and make fixes easier. Solera has launched new, intuitive color wiring features to its Identifix Direct-Hit Auto Repair Software. The update brings an easier and more convenient experience to the technician-built vehicle repair database with more than 3 million confirmed fixes. Direct-Hit subscribers can now view multiple wiring diagrams side-by-side […]
Collision Repair Industry Production Sets Another New Record in May
Production employment, women employees at highest levels ever. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary May collision repair employment, hours worked and wages indicated production growth on a year-over-year basis to new record high. Overall, total collision repair industry employment in […]
Group 1 Automotive Acquires Three Dealerships and Collision Repair Center in Louisiana
Group 1 Automotive, Inc. (NYSE:GPI) with 204 dealerships located in the U.S. and U.K., announced the expansion of its U.S. operations with the acquisition of three dealerships and a collision center in Shreveport, Louisiana. The dealerships were acquired from Holmes European Motors, L.L.C., and include Mercedes-Benz, Sprinter, Land Rover, Jaguar and Volvo franchises. This acquisition […]
Fix Auto UK Acquires Collision Repair Center from Franchise Partner
Fix Auto UK announced the acquisition of Fix Auto Henley-on-Thames, a move that takes the organization’s number of wholly and part-owned collision repair centers to 10. It acquired the business from franchise partner Jamie Butler following his decision to step away from the industry altogether. This latest acquisition follows the purchase of St Woolos Auto […]
Certified Collision Group Closes Second Quarter Eclipsing 750 Collision Repair Centers Nationwide
The Certified Collision Group (CCG) announced today that at the conclusion of the second quarter the company has eclipsed 750 locations nationwide. “CCG’s business model continues to perform even in the most challenging of times,” said Marty Evan’s CCG’s Chief Executive Officer, “and as we constantly work to support the industry’s best, OE Certified, independent […]
Auto Techcelerators Secures Patent for Vehicle Test Drive System
Auto Techcelerators, LLC, announced it has been awarded patent # 11,373,465 from the United States Patent and Trademark Office (USPTO) for its Test Drive CoPilot mobile app and web portal. The patented Test Drive CoPilot platform helps the automotive, collision, dealership, glass, insurance and truck industries properly perform, document and validate everything from ADAS safety […]
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