Kinetic, an automotive infrastructure company that delivers digital maintenance and servicing for EVs and AVs through its network of service centers, announced it has secured $21 million in Series B funding, led by Menlo Ventures. Other participants in the round include returning investors Lux Capital, Construct Capital and Haystack Ventures along with new investors Allstate […]
Automotive Body Parts Association Announces 2025 Annual Meeting and Business Conference May 19-21
The Automotive Body Parts Association (ABPA) announced its 2025 ABPA Business Conference will take place from May 19-21, 2025, at the Westin Sarasota in Sarasota, Fla. Attendees will be able to connect with industry leaders, manufacturers, distributors, and other key stakeholders. The conference is designed to facilitate meaningful connections that can lead to strategic partnerships […]
Rhode Island Passes OEM Parts, Unfair Claims Practice Bills
Legislation prohibits insurers from refusing OEM parts usage on vehicles 48-72 months old. Updates unfair claim practice requirements related to direction to pay on vehicle repairs. The Rhode Island Legislature passed two sets of bills covering the use of OEM parts and unfair claims practices. On June 13, the legislature passed an amended Senate Bill […]
Quality Collision Group Acquires Repair Center in Utah
Quality Collision Group’s (QCG) Utah-based Cascade Collision Repair announced the acquisition of Lone Peak Collision in Midvale, Utah. Cascade Collision Repair now has 10 collision center locations across northern Utah. Lone Peak Collision was officially rebranded to Cascade Collision Repair on June 13. “Bringing Lone Peak Collision into our team is a big deal for […]
LexisNexis Report Highlights Generational Risks in Drivers and Vehicles that Contribute to Higher Claim Frequencies
LexisNexis Risk Solutions released its 2024 U.S Auto Insurance Trends Report, which aggregates annual market data about consumer driving patterns, auto insurance shopping trends, claim frequency and severity, and consumer responses to rate increases to help insurance carriers better understand the evolving trends impacting the U.S. auto insurance industry. Key takeaways Risky driving behavior rises […]
ASE Conducting Parts Specialist Survey
The National Institute for Automotive Service Excellence (ASE) has been commissioned to conduct a series of studies to understand which parts-related tasks are performed most frequently by parts specialists. The survey is focused on parts consultant tasks and participants do not need to be ASE Certified to take the survey. “With this survey, we are […]
UK’s National Body Repair Association Says Vehicle Repair Sector Needs Government Support on Apprenticeships, EVs
As the United Kingdom (UK) prepares for the upcoming general election on July 4, the National Body Repair Association (NBRA) is calling on the next government to prioritize critical reforms aimed at securing the future of the industry. Martyn Rowley, Executive Director of the NBRA said, “The current Apprenticeship Levy is failing our industry, hindering […]
Collision Repair Industry Production Up Just Under 1% in April Compared to Last Year
Production in April was up year-over-year, but down month-over-month. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary April collision repair employment, hours worked and wages indicated production was up compared to April 2023, but down from March. Production levels in March had […]
Crash Champions Acquires Collision Repair Center in Georgia
Crash Champions announced the acquisition of Pro Body Shop and Frame Works, a collision repair center located at 110 Commerce Park Dr. in Thomasville, Ga. “This is yet another proud step forward for Crash Champions across the state of Georgia,” said Crash Champions Founder and CEO Matt Ebert. “The longstanding reputation for quality and service […]
Platinum Equipment Named Preferred Global Finishing Solutions Refinish Distributor for Illinois
Global Finishing Solutions (GFS) announced that Platinum Equipment is now its preferred automotive and truck refinish distributor in Illinois. Founded in 2020, Platinum Equipment supplies, installs and services a variety of automotive repair equipment, including paint booths and frame racks. With over 25 years of experience and a wealth of industry knowledge, Platinum Equipment provides […]
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