Root, Inc. (NASDAQ: ROOT) announced the availability of Root Insurance in Minnesota. The insurer now serves drivers in 35 states, extending its auto insurance product availability to over 4 million registered drivers in Minnesota and covering more than 77% of the U.S. population. “We’re excited to bring an easy, technology-driven, car insurance option to Minnesota, […]
Auto Care Association January 9 Webinar Examines Incoming Trump Administration Trade and Tariffs
The Auto Care Association will host a webinar January 9 from 1-2 p.m. (EST) addressing trade and tariffs in the upcoming Trump administration. The webinar provide an in-depth analysis of the Trump administration’s approach to reshaping global trade dynamics, including its use of tariffs to address trade imbalances, to protect domestic industries, and to challenge […]
Ken Worzel Elected Non-Executive Chair of State Farm Board of Directors
The Board of Directors of the State Farm Mutual Automobile Insurance Company has elected Kenneth J. Worzel to serve as Non-Executive Chair of the Board. Worzel will work closely with President and CEO Jon Farney, who runs the business operations of the company and is a member of the Board. “I look forward to continuing […]
Sentry Completes Acquisition of The General from American Family Insurance
Acquisition strengthens Sentry Insurance position in non-standard auto insurance market. Sentry Insurance, one of the nation’s top mutual insurance companies, yesterday announced the completion of its acquisition of The General , a leading provider of non-standard auto (NSA) insurance, from American Family Insurance. The $1.7 billion transaction, first announced in September, represents the largest acquisition […]
Joe Hudson’s Collision Center Marks 250th Location Milestone with Maryland Acquisition
Also announces two greenfield locations in Georgia. Joe Hudson’s Collision Center (JHCC) announced the acquisition of its 250th location. The consolidator acquired Cliff’s Hi-Tech Body Shop in Essex, Md, in December. Alongside this landmark acquisition, JHCC is also expanding its footprint with the opening of two new greenfield locations in Georgia. Brant Wilson, CEO of […]
Wesco Acquires Colortone Automotive Paints
Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced the acquisition of Los Angeles, Calif.-based Colortone Automotive Paints. Colortone Automotive Paints has been servicing the greater LA market since 1933. Stan Reshes became the third owner in 1979, who over time brought in his three sons into the business. Now […]
AASP/NJ Recognizes DJ’s Restoration as 2024 Body Shop of the Year
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) recognized longtime member shop, DJ’s Restoration of Ewing, N.J., with the Stan Wilson/New Jersey Automotive Body Shop of the Year Award during their recent Annual Meeting. Every year, the association acknowledges the value that individual members contribute to the association and the industry at-large by […]
Abra Elk River Restores 1977 Mercury Comet for Man Battling Cancer
After months of hard work and dedication, the team at Abra Elk River in Elk River, Minn. has made Tim McDonald’s dream a reality. They took on the restoration of his 1977 Mercury Comet, a classic two-door V8 car, and transformed it from a completely disassembled project into a nearly completed masterpiece. Tim McDonald, who […]
89.6 Million Auto Sales Forecast Worldwide in 2025
US sales volume projected to reach 16.2 million vehicles. Battery electric vehicles projected to continue growth in market share. Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, to 89.6 million units, according to a new forecast by S&P Global Mobility. The global auto sector remains focused on managing production and […]
Nissan, Honda and Mitsubishi to Consider Business Integration
Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. announced in December they have signed a memorandum of understanding (MOU) to start discussions and considerations toward a business integration between the two companies through the establishment of a joint holding company. If the business integration can be realized, the companies aim to integrate their respective […]
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