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Consumer Sentiment Up Slightly in February

February 23, 2026 By CollisionWeek Editor Leave a Comment

Sentiment remains significantly below year ago levels. Consumer sentiment stagnated this month with very little change, just 0.2 index points higher than January, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 56.6 in the February 2026 survey, up 0.4% from 56.4 in January, but the index remains 12.5% […]

Filed Under: News Tagged With: Consumer Sentiment, University of Michigan

Bodywork Bowl Skills Competition Returns for Fourth Year at NORTHEAST 2026

February 23, 2026 By CollisionWeek Editor Leave a Comment

The fourth annual Bodywork Bowl collision repair skills competition will take place March 21 at the NORTHEAST Automotive Services Show in Secaucus, N.J., with competitors vying for prizes in painting, welding and estimating categories. The competition, that will be held from 10 a.m. to 4 p.m. at the Meadowlands Exposition Center, is coordinated by Jill […]

Filed Under: News Tagged With: Bodywork Bowl Collision Repair Skills Competition, New Jersey, Northeast Trade Show

Erie Insurance CEO Tim NeCastro To Retire at End of 2026

February 23, 2026 By CollisionWeek Editor Leave a Comment

Erie Insurance (NASDAQ: ERIE) announced Feb. 20 that President and CEO Tim NeCastro will retire on Dec. 31, 2026, after 30 years with the company and 10 years leading it as chief executive. The board of directors said it will immediately begin a search for NeCastro’s successor. He will remain in his role through year-end […]

Filed Under: News Tagged With: Erie Insurance, People

ProColor Collision Opens New Location in Rawdon, Quebec

February 23, 2026 By CollisionWeek Editor Leave a Comment

The Fix Network announced the opening of a new ProColor Collision franchise location in Rawdon, Quebec, Canada under the ownership of Benoit Leblanc. Leblanc, who has experience owning and operating collision repair facilities, opened ProColor Collision Rawdon last year. The location is a family operation, with Leblanc’s wife serving as controller and six of his […]

Filed Under: News Tagged With: Canada, Network Affiliations, ProColor Collision, Quebec

San Francisco Tow Company Operator Sentenced to Five Years in Federal Prison for Arson Conspiracy

February 20, 2026 By CollisionWeek Editor Leave a Comment

Defendant also received concurrent 27-month sentence for fraudulent auto insurance claims scheme. Jose Vicente Badillo, the owner and operator of two San Francisco Bay Area towing companies, was sentenced to 60 months in federal prison for his involvement in a scheme to burn competitors’ tow trucks throughout the Bay Area in 2023. U.S. District Judge […]

Filed Under: News Tagged With: California, Insurance Fraud, Lawsuits, U.S. DOJ

LKQ Reports Q4 Revenue of $3.3 Billion

February 20, 2026 By CollisionWeek Editor Leave a Comment

Collision Repair Wages

Reports full-year free cash flow of $847 million despite organic revenue declines across North America and Europe. LKQ Corporation (NASDAQ: LKQ) reported fourth-quarter revenue of $3.3 billion, up 2.7% from the year-ago quarter, as currency gains and its Specialty segment’s strong performance offset continued organic revenue declines in North America and Europe. For the full […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

CIECA Webinar to Examine AI Applications in Collision Repair

February 20, 2026 By CollisionWeek Editor Leave a Comment

The Collision Industry Electronic Commerce Association (CIECA) will hold a webinar on March 12 at 2 p.m. (EST) focused on the use of artificial intelligence in the collision repair industry. The one-hour session, titled “What You Haven’t Heard Yet About AI in the Collision Industry,” will feature Bill Brower, senior vice president of North America […]

Filed Under: News Tagged With: Artificial, CCC, Collision Industry Electronic Commerce Association, Solera, Webinars

U.S. New-Vehicle Sales Projected To Decline 3.8% in February Compared to Last Year

February 19, 2026 By CollisionWeek Editor Leave a Comment

Electric vehicle market share projected down 1.8 percentage points. New-vehicle sales for February 2026 are projected to reach 1,183,000 units, a 3.8% decrease from February 2025, according to a joint forecast from J.D. Power and GlobalData. Retail sales are expected to total 931,400 units, down 4.6% year over year. The seasonally adjusted annualized rate for […]

Filed Under: News Tagged With: Electric Vehicles, GlobalData, J.D. Power, New Vehicle Sales

Mitchell Reports EV Collision Claims Rose 14% in U.S., 24% in Canada in 2025

February 19, 2026 By CollisionWeek Editor Leave a Comment

Battery electric vehicle collision claims continued to climb in the U.S. and Canada in 2025 even as new BEV sales declined, according to Mitchell’s latest Plugged-In: EV Collision Insights report published Feb. 19. BEVs accounted for 3.07% of all repairable automobile claims in the U.S. last year, a 14.1% increase from 2024. In Canada, repairable […]

Filed Under: News Tagged With: Claim Frequency, Claim Severity, Electric Vehicles, Mitchell International

ASE Accepting Applications for Chairman’s Scholarship

February 19, 2026 By CollisionWeek Editor Leave a Comment

The National Institute for Automotive Service Excellence (ASE) is accepting applications for the ASE Chairman’s Scholarship for the 2026-27 academic year. The deadline to apply is March 31. The scholarship is awarded annually to a student pursuing a career as an automotive service and repair technician. Applicants must be a graduating high school senior or […]

Filed Under: News Tagged With: ASE, Scholarships

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Recent Articles

  • Consumer Sentiment Up Slightly in February February 23, 2026
  • Bodywork Bowl Skills Competition Returns for Fourth Year at NORTHEAST 2026 February 23, 2026
  • Erie Insurance CEO Tim NeCastro To Retire at End of 2026 February 23, 2026
  • ProColor Collision Opens New Location in Rawdon, Quebec February 23, 2026
  • Collision Repair Industry Production Declined in December February 20, 2026
  • San Francisco Tow Company Operator Sentenced to Five Years in Federal Prison for Arson Conspiracy February 20, 2026
  • LKQ Reports Q4 Revenue of $3.3 Billion February 20, 2026

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