OEConnection LLC (OEC), a leading technology employer in Northeast Ohio, held a groundbreaking ceremony at their 50,000 square foot Richfield headquarters on October 11. The event celebrated the start of construction on a 20,000 square foot addition and was attended by Richfield Mayor Bobbie Beshara, lead investor Providence Equity Partners Managing Director Davis Noell, and […]
U.S. Length of Rental Trend Continues in Third Quarter
According to the latest research from Enterprise Rent-A-Car, the U.S. collision repair industry’s average length of rental continued to increase in the third quarter of 2016. Continuing the recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by […]
Maaco Recognizes Top Franchisees During Annual Convention
Maaco recognized more than 60 franchisees during this year’s convention in Charlotte, N.C. Maaco franchisees from throughout the country were recognized for several achievements including: outstanding sales performance, operational excellence, leadership, growth and overall performance. “Each year, it’s an honor to recognize the top performers in the Maaco system,” said Jason Ryan, president of Maaco. […]
Erie Insurance Names New Executive Leadership
On Friday, Erie Insurance announced that Lorianne Feltz, will serve as executive vice president of Services. In this role Feltz is responsible for leading Erie Insurance’s Corporate Claims, Field Claims and Customer Service divisions. Feltz has developed deep connections with employees, agents and customers in expansive roles during her 27 years with ERIE. Past positions […]
October New-Vehicle Retail Sales Projected to Decline Compared to 2015
According to J.D. Power and LMC Automotive forecast retail sales will fall for sixth time this year. U.S. new-vehicle retail sales are projected to continue their slide in October, falling 0.8 percent from a year ago on a selling-day adjusted basis, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive. […]
GM Issues Position Statement for Pre- and Post-Collision Repair Scans for Trouble Codes
General Motors Company (GM) today issued a position statement for the collision repair industry directing technicians to scan damaged vehicles for diagnostic trouble codes (DTCs) both before and after repairs. “Even minor body damage or glass replacement may result in damage to one or more safety-related systems on the vehicle,” said John Eck, collision manager, […]
Rising Automobile Claims Costs Put Upward Pressure on Price Of Insurance
I.I.I. White Paper Details Increase In Frequency and Severity of auto crashes. Over the past two years, U.S. auto insurance companies have seen private-passenger loss costs rise sharply as insurers receive more, and costlier, claims, according to the Insurance Information Institute (I.I.I.). “There has been an alarming increase in crashes and claims reported. This, combined […]
NOAA U.S. Winter Outlook Predicts Warmer, Drier South and Cooler, Wetter North
Drought expected to persist in California and expand in the Southeast Forecasters at NOAA’s Climate Prediction Center issued the U.S. Winter Outlook yesterday, saying that La Nina is expected to influence winter conditions this year. The Climate Prediction Center issued a La Nina watch this month, predicting the climate phenomenon is likely to develop in […]
Nissan Completes Acquisition of 34% stake in Mitsubishi Motors
Enlarged Alliance ranks among top three global automotive groups. Nissan Motor Co., Ltd. announced yesterday its completed its acquisition of a 34 percent equity stake in Mitsubishi Motors (MMC) that was announced in May and became its largest shareholder. MMC will also become part of the global Alliance with Nissan and Renault. With the addition […]
Industry Can Support Collision Repair Education Foundation by Shopping on AmazonSmile
Collision industry members can support the Collision Repair Education Foundation’s annual campaign fund this holiday season by shopping on AmazonSmile, a web site operated by Amazon.com that lets customers enjoy the same wide selection of products as on Amazon.com. When collision industry members shop on AmazonSmile, the AmazonSmile Foundation will donate 0.5 percent of the […]
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