Year-over-year comparison suffers compared to last year’s result that had been buoyed by purchases before impending tariffs. April 2025 was the final pre-tariff comparison month, and the year-over-year sales pace continues to feel the pull of last spring’s buying surge alongside ongoing affordability strains and rising fuel prices. New light-vehicle sales reached a seasonally adjusted […]
Car ADAS Solutions Adds Hawaii Calibration Center to Network
Car ADAS Solutions has expanded into Hawaii with a new 3,000-square-foot advanced driver-assistance systems (ADAS) calibration center in Honolulu, operated by licensee ADAS Calibrations of Hawaii. The facility, at 140 Puuhale Road, opened in February and is run by Gerard AhQuin, a 20-year automotive industry veteran with a background in mechanical and collision repair. Lead […]
GEICO Opens Tampa Campus with Plans to Add 1,500 Jobs
GEICO officially opened a new 190,000-square-foot, three-building campus in Tampa, Fla., on May 7, with plans to add 1,500 jobs at the site as the company expands its Florida footprint to roughly 4,400 employees statewide. The build-out adds claims-handling capacity in one of the country’s largest auto insurance markets at a time when GEICO is […]
Gas Prices Climb Another 25 Cents to $4.55
Prices hit highest level since 2022. The U.S. national average price of regular gasoline rose 25 cents over the past week to $4.55, AAA reported May 7 — a second consecutive 25-cent weekly jump that pushed pump prices to their highest level since 2022, when the average peaked at $5.01. Pump prices are now $1.40 […]
Attendee Registration Opens for 2026 SEMA Show
Attendee registration is now open for the 2026 SEMA Show, scheduled for Nov. 3-6 at the Las Vegas Convention Center, the Specialty Equipment Market Association announced May 4. Qualified professional attendees can register for $50 through June 26, after which pricing will increase. The annual trade show is the largest gathering of automotive aftermarket manufacturers […]
Manheim Used Vehicle Value Index Down 1.6% in April
Index holding above year-ago levels. The Manheim Used Vehicle Value Index (MUVVI) declined 1.6% in April from a multi-year high in March, easing to 211.9 on a mix-, mileage- and seasonally adjusted basis, Cox Automotive reported May 7. The index remained 1.8% above April 2025 even as the spring market cooled. Wholesale price levels are […]
WIN Awards 2026 Scholarships and Tool Kits to 39 Collision Repair Students
The Women’s Industry Network awarded more than $50,000 in scholarship funding and tool kits to 39 collision repair students for 2026, the organization announced May 7. The recipients were selected from more than 100 applications submitted to the program, which the organization administers in partnership with the Collision Repair Education Foundation. The announcement coincides with […]
Mercury, Olympus Partner on Bundled Auto-Home Coverage in Florida
Mercury Insurance (NYSE: MCY) and Olympus Insurance announced May 7 a joint program that lets independent agents in Florida bundle Mercury auto coverage with qualifying Olympus homeowners policies, with eligible customers receiving a 10% discount on the Mercury auto policy and a 10% discount on the Olympus homeowners policy. The program pairs Mercury, which currently […]
UK Motor Insurance Premiums Hold Steady in First Quarter While Repair Costs Continue to Rise
The average UK motor insurance premium remained nearly flat in the first quarter of 2026 at £560, but the average accidental damage claim climbed to £3,699 — up 8% from the prior quarter — as parts prices and increasing vehicle complexity continued to push repair costs higher, the Association of British Insurers reported April 30. […]
Southern Farm Bureau Cuts Louisiana Auto Rates 10.6%
Six insurers finalize filings through April. Louisiana Insurance Commissioner Tim Temple has finalized six private passenger auto insurance rate filings through the end of April, led by a 10.6% decrease from Southern Farm Bureau Casualty Insurance Company that will save 39,332 policyholders approximately $16 million in premiums. The Southern Farm Bureau cut, applied to the […]
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