Fix Auto UK inducted a record 44 apprentices on Oct. 9 at 3M’s UK headquarters in Bracknell, England marking the largest single recruitment in the collision repair company’s 20-year history. The new Class of 2025 will train as paint and panel technicians, vehicle damage assessors and customer service and administration staff. Auto Assess will deliver […]
BASF Sells Majority Stake in Coatings Business to Carlyle
Chemical company to keep 40% stake as private equity firm carves out coatings unit for an enterprise value of $8.9 billion. BASF SE agreed today to sell a majority stake in its automotive and industrial coatings businesses to Carlyle Group Inc. for an enterprise value of €7.7 billion ($8.9 billion), while retaining a 40% stake […]
State Farm Partners with Volvo to Offer Insurance During Vehicle Purchase
State Farm and Volvo Car Financial Services announced a partnership Oct. 8 that will allow Volvo customers to obtain car insurance quotes while shopping for vehicles. The collaboration integrates insurance options into the vehicle purchase process at Volvo dealerships nationwide, connecting buyers with State Farm agents during the shopping experience. “Making insurance straightforward and simple […]
Collision Repair Summit to Focus on OEM Safety Inspections
The Society of Collision Repair Specialists will devote its annual OEM Collision Repair Technology Summit entirely to manufacturer safety inspections for the first time, the organization announced Wednesday. The summit, scheduled for Nov. 6 during the SEMA Show in Las Vegas, will feature three sessions examining how automakers document safety inspection procedures for collision repairs. […]
Two Automotive Instructors Win $50,000 Each in Harbor Freight Teaching Excellence Awards
Two automotive technology instructors were among 25 skilled trades teachers awarded a total of $1.5 million in the 2025 Harbor Freight Tools for Schools Prize for Teaching Excellence, the organization announced Oct. 8. Joseph “Joe” Drury of Jackson High School-Massillon in Ohio and Rebecca Fenton of Marshall High School in Virginia each received $50,000 awards, […]
Property/Casualty Insurance Industry Poised for Growth and Underwriting Profitability in 2025
Personal auto net combined ratio improved from prior estimates. The U.S. property/casualty (P/C) insurance industry is projected to grow faster than the overall economy in 2025 and is on track to achieve underwriting profitability for a second consecutive year, according to Insurance Economics and Underwriting Projections: A Forward View from the Insurance Information Institute (Triple-I) […]
SCRS to Hold Welding, Refinishing Competition at SEMA Show
The Society of Collision Repair Specialists (SCRS) will host a welding and refinishing competition during the 2025 SEMA Show, with prize packages worth up to $25,000 going to trade schools selected by the winners. The competition will run Nov. 4-6 at the SCRS booth in the Upper South Hall. Participants will use augmented and extended […]
Lexus Approves John Bean ADAS Calibration System in U.S.
Lexus has approved the John Bean Tru-Point advanced driver assistance system calibration tool for service and repair of its vehicles in the United States, the equipment manufacturer announced October 8. The approval allows Lexus service providers to use the Tru-Point system for ADAS calibration work. “With millions of Lexus vehicles on the road across the […]
SATA Releases Anniversary Spray Gun Models for Centennial
SATA is releasing three special edition spray guns to mark the 100th anniversary of its first product. The company, originally named Sanitaria, manufactured its first spray gun in 1925. The product line began after a chance meeting between a Sanitaria AG representative and an employee of paint manufacturer Lackfabrik Lechler on a train. Lechler was […]
Manheim Used Vehicle Value Index Dips in September
Fourth quarter outlook turns cautious as September was down month over month due to seasonal adjustment, and up just 2% from 2024. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were down slightly in September compared to August. The Manheim Used Vehicle Value Index (MUVVI) declined to 207.0, lower by 0.2% versus […]
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