While frequency is down, average severity is up due to cost of replacing sensors and reduction in lower speed, lower dollar claims. Stacking multiple advanced driver assistance systems together and upgrading them over time delivers compounding crash reductions, according to a new study from the Highway Loss Data Institute (HLDI) that examined six feature bundles […]
BASF Coatings Names CEO for Post-Carlyle Standalone Company
BASF Coatings announced March 26 that Jens Luehring will become chief executive officer of the company when the pending sale to Carlyle Group closes, replacing Dr. Uta Holzenkamp, who has led the coatings division since 2022. The leadership transition is the latest step in the carve-out of BASF’s automotive OEM coatings, automotive refinish coatings and […]
DOJ Sues California Towing Company for Illegally Auctioning 148 Servicemembers’ Vehicles
The Justice Department filed a lawsuit against S & K Towing, Inc. of San Clemente, Calif., alleging the company violated the Servicemembers Civil Relief Act (SCRA) by illegally auctioning motor vehicles owned by military members without obtaining required court orders. The case is the latest in a string of federal enforcement actions against towing companies […]
Sony Honda Mobility Discontinues AFEELA Electric Vehicle Program
Sony Honda Mobility Inc. (SHM) announced March 25 that it will discontinue development and launch of both the AFEELA 1 and a second, unnamed AFEELA model that had been in development, unwinding a joint venture that had begun building a collision repair and insurance partner network for its planned vehicles. The joint venture between Sony […]
Driven Brands Collision Group Sets Chicago as Site of July 15-17 Impact 2026 Conference
Franchise partners from Abra, CARSTAR and Fix Auto USA will gather in Chicago from July 15-17 for the Driven Brands Collision Group’s fourth annual U.S. collision repair conference, the company announced March 24. The three-day event, branded “Impact 2026,” will be held at the Hilton Chicago. The conference brings together franchise partners, Driven Brands team […]
IBIS Global Summit 2026 Releases Provisional Agenda for Vienna Event
The International Bodyshop Industry Symposium has published a draft agenda for its IBIS Global Summit 2026, scheduled for June 16-18 at the Andaz Vienna Am Belvedere in Vienna, Austria. The provisional program covers topics including the global consolidation race, the expanding role of software and artificial intelligence in claims and repair operations, the future of […]
U.S. Pedestrian Deaths Fell 11% in First Half of 2025, Largest Drop in 15 Years
Drivers struck and killed 3,024 people walking on U.S. roads during the first half of 2025, an 11% decline from the same period in 2024 and the largest year-over-year drop since the Governors Highway Safety Association began tracking the data 15 years ago, according to a new GHSA analysis. The decline, which translates to 371 […]
PPG, PPG Foundation Commit $10 Million to Skilled Trades Education Through 2030
Program expands upon $2 million commitment in 2023. PPG (NYSE: PPG) and the PPG Foundation announced a $10 million global investment through 2030 to support skilled trades education, including collision repair and coatings application training. The commitment, which spans advanced manufacturing and coatings application programs, will fund partnerships with technical schools, vocational colleges, community colleges […]
TPG, Allianz Lead $350 Million Investment in Cambridge Mobile Telematics
State Farm also participated in latest investment round. Cambridge Mobile Telematics, the telematics and AI platform used by major auto insurers including State Farm and Progressive, has received a $350 million strategic investment led by private equity firm TPG and Allianz X, the strategic investment arm of insurer Allianz Group. State Farm also participated in […]
SEMA Show Sets March 27 Deadline for 2026 Exhibit Space Priority Selection
Automotive aftermarket manufacturers seeking preferred exhibit locations at the 2026 SEMA Show have until March 27 to submit exhibitor applications under the show’s Priority Space Selection process. The annual trade show, scheduled for Nov. 3-6 at the Las Vegas Convention Center in Las Vegas, Nev., is the industry’s largest gathering of aftermarket manufacturers and buyers, […]
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