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Alliance for Automotive Innovation Reports 11 States and District of Columbia See New EV Registrations Above 5 Percent

December 16, 2021 By CollisionWeek Editor

Light trucks make up 60% of the ZEV market. The Alliance for Automotive Innovation released the latest Get Connected Electric Vehicle Quarterly Report, providing an overview of zero emission vehicle (ZEV) sales for the third quarter (Q3) of 2021 along with purchasing trends by state and vehicle segment.  “This report highlights the growth we have […]

Filed Under: News Tagged With: Alliance for Automotive Innovation, Electric Vehicles, New Vehicle Registrations

Addison Thomas Promoted to President and COO of Dent Wizard

December 16, 2021 By CollisionWeek Editor

Dent Wizard International announced the promotion of Addison Thomas to president, in addition to his current role as chief operating officer. Thomas’ promotion is effective January 1, 2022. Thomas has served as Dent Wizard’s COO since 2018, leading the company’s core service operations team. He served in various roles with Dent Wizard over the past […]

Filed Under: News Tagged With: Dent Wizard, People

Collision Claims Up Over 46% in Second Quarter Compared to Pandemic Impacted Quarter Last Year

December 15, 2021 By CollisionWeek Editor

Second quarter last year had been down nearly 36%. Quarter remains below 2019 level. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses in the second quarter continued to rebound from the historic impact from the coronavirus lockdowns last year. Collision coverage claims for […]

Filed Under: Research Tagged With: Claim Frequency, Claim Severity, Claims, Earned Car Years, Losses

Crash Champions Acquires 12 Collision Repair Centers in Florida

December 15, 2021 By CollisionWeek Editor

Crash Champions, LLC announced the closing of five acquisitions across Florida, adding 12 new collision repair centers to the company’s footprint in the state. With these acquisitions, Crash now operates 27 Florida shops. The company first entered Florida’s key growth market earlier this year. The new acquisitions include: Basset Group in Clearwater (2), Sunrise (1), […]

Filed Under: News Tagged With: Acquisitions, Crash Champions, Florida

Penske Automotive Group Acquires BMW Dealership in Michigan

December 15, 2021 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE:PAG) announced that it has acquired Erhard BMW of Bloomfield, located in Bloomfield Hills, Mich., representing the company’s 48th BMW dealership world-wide. Commenting on the acquisition, President Rob Kurnick said, “This dealership has a strong legacy of serving BMW enthusiasts in the metropolitan Detroit market for over 50 years. We are […]

Filed Under: News Tagged With: Acquisitions, Michigan, Penske Automotive

Tim Knavish Appointed Chief Operating Officer at PPG

December 15, 2021 By CollisionWeek Editor

PPG (NYSE:PPG) today announced the appointment of Tim Knavish, executive vice president, as chief operating officer, effective March 1, 2022. Knavish will have executive oversight responsibility for all of PPG’s strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S), and procurement functions. He will remain based at […]

Filed Under: News Tagged With: People, PPG Industries

Jeff Nosek Named President of MOTOR Information Systems

December 15, 2021 By CollisionWeek Editor

MOTOR Information Systems announced the promotion of Jeff Nosek to president. The announcement was made by Tom Cross, president of Hearst Transportation and Rich Malloch, executive vice president for Business Media at Hearst. The promotion is effective immediately. In his new role, Nosek will lead the MOTOR business and report to Cross. Nosek has served […]

Filed Under: News Tagged With: Motor Information Systems, People

Small Business Optimism Up Slightly in November

December 14, 2021 By CollisionWeek Editor

A net 59% of small business owners increased prices, the highest level since 1979. The NFIB Small Business Optimism Index increased slightly in November by 0.2 points to 98.4. Four of the 10 Index components improved, four declined, and two were unchanged. The NFIB Uncertainty Index decreased four points to 63. “As the end of […]

Filed Under: News Tagged With: Inflation, National Federation of Independent Business, Small Business Optimism Index

Mississippi Glass Shop to Pay Over $90,000 in Back Wages Following Wage Hour Investigation

December 14, 2021 By CollisionWeek Editor

Paul’s Discount Glass Inc. failed to pay proper overtime rate. The operator of two Mississippi auto glass and repair shops has come into compliance after a U.S. Department of Labor Wage and Hour Division investigation recovered $90,068 in back wages for 33 workers and determined the employer failed to pay them overtime as the law […]

Filed Under: News Tagged With: Lawsuits, Mississippi, Overtime, U.S. DOL, Wages

Root Auto Insurance Enters Kansas

December 14, 2021 By CollisionWeek Editor

Root, Inc. (NASDAQ:ROOT) announced that Root Insurance has launched in Kansas, the 32nd state where Root auto insurance is now available. The more than 2 million registered drivers in Kansas now have access to fair insurance rates through the Root app. In June, Root entered the Wisconsin market. “Root’s accessible and fair rates are the […]

Filed Under: News Tagged With: Kansas, Openings, Root Insurance

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