Classic Collision, LLC announced its newest acquisition of all four Mitchco Collision Repair centers in Florida. Classic Collision now operates 25 repair centers in Florida and a total of 78 nationwide in Georgia, Florida, Alabama, South Carolina, California, and Alaska. Mitchco Collision Repair is a family-owned and operated auto repair business providing friendly and quality […]
Crash Champions Enters Northern California Market with Acquisition of Two Collision Repair Centers
Crash Champions, LLC announced it has entered the Northern California market through the acquisition of American Autobody Specialist (AAS), located in Fairfield, Calif., and Diablo Auto Body, located in Pleasanton. With a presence already established in Southern California, the company now has 27 collision repair centers across the state. “We are excited to launch and […]
AsTech Acquires Mobile Tech RX
Repairify, Inc., the parent of AsTech, announced today it acquired Mobile Tech RX, an automotive and collision repair reconditioning application with over 4,000 companies and approximately 6,000 active users. The application enables technicians to estimate, invoice, manage teams and collision repair workflow, process repair orders and capture data on-the-go through their mobile devices. Mobile Tech […]
U.S. Department of Transportation Includes Automatic Emergency Braking Requirement in Spring Regulatory Agenda
Regulation would replace 2015 voluntary agreement. The U.S. Department of Transportation (USDOT) on June 11 announced the Department’s portions of the Unified Agenda (also known as the Spring Regulatory Agenda) identifying the actions the Department plans to take over the next year and beyond. The portion of the regulatory agenda addressing roadway safety proposes to […]
Average Age of Cars and Light Trucks in the U.S. Rises to 12.1 years
Pandemic accelerated age of vehicles. Vehicles in operation declines. New research from IHS Markit (NYSE:INFO) shows that the average age of light vehicles in operation (VIO) in the U.S. has risen to 12.1 years this year, increasing by nearly 2 months during 2020 and elevated by the COVID-19 pandemic. The increase in average age will […]
Vehicle Manufacturers’ Lawsuit Against Massachusetts Right to Repair Law Goes to Trial this Week
The Federal lawsuit by the association representing vehicle manufacturers that was filed in the U.S. District Court for the District of Massachusetts seeking to prevent the Commonwealth’s updated Right to Repair law from taking effect will go to trial this week. On November 3, 2020 more than 75% of voters in Massachusetts voted yes on […]
SCA Appraisal Rebrands as SCA Claims Services
SCA Appraisal Company announced it has rebranded as SCA Claim Services. “My parents started Southern California Appraisal in 1979, servicing auto claims out of their garage. They did it under simple principles like client commitment and respecting people,” says SCA President, Tim Davis, Jr. “In the four decades that followed, we have grown into a […]
Cell Phone Use While Driving May Be Tied to Other Risky Road Behaviors in Young Adults
A new study from researchers at Children’s Hospital of Philadelphia (CHOP) and the University of Pennsylvania’s Annenberg Public Policy Center found that 18- to 24-year-olds who use cell phones while driving are more likely to engage in other risky driving behaviors associated with “acting-without-thinking,” a form of impulsivity. These findings suggest the importance of developing […]
USAA to Acquire Insurtech Company Noblr
Acquisition will provide usage-based insurance offering to USAA members. USAA announced that it plans to acquire insurtech company Noblr, Inc. to offer usage-based insurance (UBI) to its members. The acquisition complements USAA’s behavior-based insurance (BBI) program, SafePilot, that grew 200% in 2020. Nearly half of new policyholders in the states where SafePilot is available opt […]
Hertz’s Reorganization Plan Confirmed by Bankruptcy Court
Hertz Global Holdings, Inc. (OTCPK:HTZGQ) announced that the Bankruptcy Court confirmed the Company’s Plan of Reorganization. The Plan unimpairs all classes of creditors (who are legally deemed to have accepted it) and was approved by more than 97% of voting shareholders. The Court’s approval clears the way for Hertz to emerge from Chapter 11 by […]
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