University of Michigan reports index reached 54.0 in early January, highest reading since September 2025 but nearly 25% below year-ago levels. Consumer sentiment rose for the second consecutive month in early January, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index reached 54.0 in preliminary January results, up 2.1% from 52.9 […]
State Farm and Progressive Reduce Auto Insurance Rates Auto Rate Decreases in Tennessee, Louisiana
State Farm announced personal auto insurance rate decreases in Tennessee and Progressive will is lowering rates in Louisiana, continuing a trend of declining rates driven by reduced claims frequency. State Farm reduced auto rates by more than 10% on average in Tennessee, that took effect Dec. 15 for new business and will take effect mid-January […]
ASE Education Foundation Names 2026 Officers, Adds Eight to Board
The ASE Education Foundation has elected new officers and appointed eight new members to its board of directors for 2026. Brian LaCroix, automotive instructor at Capital Region BOCES Career and Tech School in Albany, N.Y., is the new board chair. Jim Sennett, manager of automotive repair programs for the American Automobile Association, is vice chair. […]
Maine Governor Vetoes Bill That Would Have Changed State’s Automotive Right to Repair Law
Governor raises concerns that telematics access provision inlegislation was a “finger on the scale in favor of auto manufacturers” compared to independent repair facilities. Urges legislature to pass alternative bill. Maine Governor Janet Mills vetoed legislation Jan. 7 that would have made significant changes to Maine’s automotive right to repair law, a statute voters approved […]
Boyd Group Clears Regulatory Hurdle for Joe Hudson’s Acquisition
Boyd Group Services Inc. (TSX: BYD; NYSE: BGSI) said Wednesday it has received regulatory approval to complete its previously announced $1.3 billion acquisition of Joe Hudson’s Collision Center, with closing expected Jan. 9. The collision repair consolidator announced the definitive agreement Oct. 29 to purchase the 258-location chain from private equity firm TSG Consumer Partners. […]
CCC Launches OEM Certification Management Program
Nissan first vehicle manufacturer to join. CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today that Nissan will be the first vehicle manufacturer to participate in the CCC OEM Link Network, a program designed to support OEM collision repair facility certification programs. Through the partnership, CCC will manage certified network operations for Nissan, including administration of […]
Ama Capital, Keyhaven Acquire UK Collision Repair MSO Vella Group
The Vella Group, the collision repair firm operating 18 locations in northwest England and the Midlands, has received strategic investment from Ama Capital and Keyhaven Capital Partners to back a management buyout and fund expansion. The transaction marks the first investment in the collision repair industry for London-based Ama Capital, an operator-led private equity firm. […]
Brightpoint Acquires Collision Repair Center in Tennessee
Brightpoint Auto Body Repair has acquired Bruce’s Body Shop in Paris, Tenn., the company’s fifth location in middle Tennessee. The acquired business is now operating as Bruce’s Auto Body Center. “Bruce’s has built a legacy of trust through craftsmanship and integrity,” said Paul Williams, president of Brightpoint Auto Body Repair. “We are proud to welcome […]
The Riverside Company Acquires Certified Collision Group from Incline Equity Partners
Network of OEM-certified collision repair facilities supports independent businesses in U.S. and Canada. The Riverside Company has acquired the Certified Collision Group (CCG), the subscription-based membership network for independent collision repair facilities, from Incline Equity Partners. Terms of the transaction, announced yesterday, were not disclosed. CCG, founded in 2014, provides independent collision repairers with access […]
Cox Automotive Projects 15.8 Million New-Vehicle Sales in 2026, Down 2.4% from 2025
Used vehicle values projected to increase 2% year over year by the end of 2026. Cox Automotive forecasts U.S. new-vehicle sales will reach 15.8 million units in 2026, a 2.4% decline from 2025 levels, according to the company’s annual industry outlook released Monday. The forecast follows a 2025 that exceeded expectations across most metrics. “The […]
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