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IAA Expands in Fresno and Los Angeles

October 20, 2022 By CollisionWeek Editor

IAA, Inc. (NYSE: IAA) announced capacity growth in two important California regions. IAA Fresno has expanded again to meet growing demand in the key market of the San Joaquin Valley. Significant capacity has also been added to meet customer needs in the densely populated Los Angeles market with the IAA Santa Clarita branch growing by […]

Filed Under: News Tagged With: Insurance Auto Auctions, Openings

Driven Brands Surpasses 1,000 Collision Repair Locations in North America

October 19, 2022 By CollisionWeek Editor

Little Rock, Ark. location celebrated as 1,000th collision repair center. Driven Brands’ collision group, including its ABRA Auto Body Repair of America, CARSTAR, and Fix Auto USA franchise networks, yesterday celebrated its 1,000th collision repair facility across North America with the opening of CARSTAR Patriot Auto Body Little Rock in Little Rock, Ark. The facility […]

Filed Under: News Tagged With: ABRA, Arkansas, CARSTAR, Driven Brands, Fix Auto USA, Openings

Safelite Group Acquires Reliable Glass Division

October 19, 2022 By CollisionWeek Editor

The Safelite Group announced the acquisition of the auto glass assets of Reliable Glass headquartered in Phoenix, Ariz. The transaction was completed on Friday, October 14. “We’re happy to have Reliable Glass associates join the Safelite family,” said Renee Cacchillo, President and CEO of Safelite Group. “Founded in 2001, their focus on providing remarkable customer […]

Filed Under: News Tagged With: Acquisitions, Arizona, Safelite

Enterprise Holdings Reports Diverse Mobility Portfolio Drives Steady Growth as Revenue Surpasses $30 Billion

October 19, 2022 By CollisionWeek Editor

Enterprise Holdings Inc. has developed and cultivated a broad portfolio of business lines designed to meet the evolving needs of customers, delivering innovative mobility solutions for both consumers and businesses, as the 65-year-old company places itself at the forefront of building the future of mobility. According to the company, this future-forward approach, coupled with the […]

Filed Under: News Tagged With: Earnings, Enterprise Holdings

Electrified Vehicle Sales Hit Record in Third Quarter

October 19, 2022 By CollisionWeek Editor

Sales of electrified vehicles hit a record in the third quarter, as one of the hottest segments in the U.S. automotive market continues to make waves throughout the industry, according to Kelley Blue Book, a Cox Automotive company. More than 200,000 electrified vehicles were sold in the three-month span of Q3 – a first – […]

Filed Under: News Tagged With: Cox Automotive, Electric Vehicles, New Vehicle Sales

Wholesale Used-Vehicle Prices Continued to Decline in First Half of October

October 18, 2022 By CollisionWeek Editor

Used vehicle prices that support higher collision repair volumes are down month-over-month and year-over-year. According to the latest report from Cox Automotive, wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis declined 2.0% from September in the first 15 days of October. The Manheim Used Vehicle Value Index fell to 200.5, which was […]

Filed Under: News Tagged With: Cox Automotive, Manheim, Wholesale Used Vehicle PRices

Refinish Distributors Alliance Held Fall Conference in Scottsdale

October 18, 2022 By CollisionWeek Editor

Refinish Distributors Alliance (RDA) members, manufacturer partners, and guests gathered for the 2022 RDA IMPACT Fall Performance Conference at the Wekopa Casino & Resort Scottsdale, Ariz. on October 10-12.  RDA blended industry content and information with business, motivation and leadership presentations. RDA also included some local flavor and entertainment that added an element of fun […]

Filed Under: News Tagged With: Conference, PBE Distributor, Refinish Distributors Alliance

AAA Reports Gas Prices Down as Demand Declines and Recession Fears Weigh Down Oil Market Expectations

October 18, 2022 By CollisionWeek Editor

According to AAA, fears of a global economic recession led to a major drop in the price of crude, down $7, which helped to minimize pump price increases last week. Meanwhile, domestic gasoline demand decreased as fewer drivers fueled up in the first half of October. According to the Energy Information Administration (EIA), gas demand […]

Filed Under: News Tagged With: AAA, Gas Prices, Gasoline Demand

Michael Silva Named Chief Commercial and Customer Success Officer at CCC

October 18, 2022 By CollisionWeek Editor

CCC Intelligent Solutions Inc. (NYSE: CCCS) announced the appointment of Michael Silva as Chief Commercial and Customer Success Officer. Silva will have overall responsibility to deliver innovative outcomes for CCC’s customers across the P&C insurance economy. Silva joins CCC from Salesforce, where he was responsible for global and enterprise customers in the financial services segment. […]

Filed Under: News Tagged With: CCC, People

General Motors and Governors Highway Safety Association Grant Equips Seven States to Fight Distracted Driving

October 18, 2022 By CollisionWeek Editor

The Governors Highway Safety Association (GHSA), in collaboration with General Motors (GM), is providing a total of $210,000 to seven State Highway Safety Offices (SHSOs) to combat the prevalent and preventable problem of distracted driving. Each state will receive $30,000 to implement recommended actions outlined in a comprehensive report released by GHSA and GM earlier […]

Filed Under: News Tagged With: Distracted Driving, General Motors, Governors Highway Safety Association

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