Tool expedites estimation of non-repairable vehicles for collision repair centers. National Coatings & Supplies / Single Source, Inc. (NCS SSI) and Kri-Tech Solutions, LLC announced the introduction of Virtual Total Loss, a productivity and profit enhancement tool for collision repair centers. Virtual Total Loss enables collision repair professionals to streamline workflows by outsourcing estimates for […]
Crash Champions Hosts Bi-Annual Operations Leadership Development
Crash Champions last week hosted nearly 200 members of its management team in Las Vegas for the organization’s bi-annual operations conference. Under the banner Champions Mindset Summit, the three-day event featured presentations from Founder and CEO Matt Ebert, Crash Champions executive leadership, senior operations leaders, industry partners, and a special guest speaker. “Consistently bringing our […]
CAPA Elects New Members to Board and Technical Committee
The Certified Automotive Parts Association (CAPA) announced the election of four members to its Board of Directors, and three members to its Technical Committee. Joining the Board are: Paul Krauss, Caliber Collision; Kyle Thompson, The Boyd Group/Gerber Collision & Glass; and Todd Williams, Farmers Insurance. Clark Plucinski, Chairman of CAPA’s Board of Directors, was elected […]
State Senator Ann Gillespie Named Acting Director of Illinois Department of Insurance
On April 8, Illinois Governor JB Pritzker announced that Illinois Department of Insurance (DOI) Director Dana Popish Severinghaus will step down from her role as of April 15. Popish Severinghaus has served as Director of DOI since January of 2021. Governor Pritzker has appointed State Senator Ann Gillespie as new Acting Director of DOI, pending […]
Progressive Personal Auto Policies in Force Up Over 6% in March Compared to 2023
Total personal auto policies in force were also up month-over-month. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 20,448,300 in March, an increase of over 1.2 million or 6.7% from 19,168,400 in March 2023. March’s policies in force represent an increase of 445,000 or 2.2% from 20,003,200 in February. […]
Group 1 Automotive Agrees to Acquire Inchcape U.K. Auto Dealerships
Group 1 Automotive, Inc. (NYSE: GPI) announced an agreement to acquire the U.K. automotive retailing business and related owned real estate from a subsidiary of Inchcape plc for approximately $439 million (£346 million) in an all-cash transaction, inclusive of $279 million (£220 million) of appraised real estate value. In 2023, the Inchcape U.K. dealerships generated […]
SEMA Announces Board of Directors Candidates
Opus IVS President Brian Herron among 2024 candidates. The Specialty Equipment Market Association (SEMA) announced the 2024 candidates for election to its Board of Directors. Voting will take place online between May 28 and June 11 and is open to current SEMA-member companies. Votes must be cast by each company’s primary contact who will receive […]
Auto Parts 4 Less Group Announces Strategic Investment from RB Capital
Auto Parts 4 Less Group Inc. (OTC: FLES) announced that it has completed the first tranche of funding from RB Capital Partners, following the successful restructuring of its balance sheet, with the focus towards fostering revenue growth and operational expansion. Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, “We are thrilled to […]
EV Sales Growth Slowed in the U.S. During First Quarter
Market share growth rate of electric vehicles was up slightly in first quarter from last year, but down on fourth quarter of 2023. Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, […]
Classic Collision Adds New Repair Facility in Washington State
Classic Collision, LLC announced the acquisition of Blue Sky Auto Body in Tacoma, Wash. This location will undergo a complete renovation to enhance the overall customer experience before re-opening as Classic Collision Tacoma Way. This includes upgrading the interior design, modernizing the facilities, and implementing new technology to streamline operations. Blue Sky Auto Body has […]
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