Wholesale used-vehicle prices, on a mix, mileage, and seasonally adjusted basis, were higher in August compared to July. The Manheim Used Vehicle Value Index (MUVVI) rose to 203.9, a decline of 3.9% from a year ago. The seasonal adjustment to the index mitigated the impact on the month, resulting in values that rose 1.2% month […]
PPG Wins Innovation Award for PPG LINQ at Automechanika Frankfurt
PPG (NYSE: PPG) today announced that the PPG LINQ digital ecosystem has received the Innovation Award at Automechanika Frankfurt 2024, the world’s leading trade fair the automotive aftermarket. The Innovation Award recognizes outstanding technological developments with significant market relevance in the automotive supplier industry, automotive workshop and services sector, or original equipment manufacturers. “The PPG […]
Axalta Introduces Cloud-Based Platform for Refinish Customers to Improve Productivity and Performance
Axalta (NYSE: AXTA) announced the launch of Axalta Nimbus, its global customer experience platform for refinish customers. This technology seamlessly connects customers to all of Axalta’s tools and resources to improve efficiency, enhance productivity, boost performance, and maximize profitability. Axalta Nimbus provides a cohesive, end-to-end experience for customers around the globe. With Axalta Nimbus, customers […]
State Farm Reports 74% Drop in Catalytic Converter Thefts
State Farm auto claims data shows a 74% drop in catalytic converter theft claims for the first half of 2024 compared to the same period in 2023. This is good news in a story that first gained traction when State Farm claims data indicated a significant increase in catalytic converter thefts over the last several […]
Mitchell Donates $1.5 Million in Software to Collision Engineering Program
The Collision Engineering program today announced that Mitchell has made an in-kind software donation of more than $1.5 million across its seven participating U.S. partner colleges. The donation will empower students to excel in their future collision repair careers by providing them with access to the latest industry technology. “Mitchell is a valuable supporter of […]
Mitchell Partners with UpdatePromise on Enhanced Solution for Vehicle Owner Communication and Engagement
Solution integrates repair status updates into Mitchell Connect and allows collision repair facilities to conduct post-repair customer satisfaction surveys. Mitchell, an Enlyte company, today introduced its latest software solution: Mitchell ServiceLink powered by UpdatePromise. Using the solution, collision repair facilities can email or text policyholders automated vehicle repair status updates from within the Mitchell platform. […]
NHTSA Proposes New Vehicle Safety Standard to Better Protect Pedestrians
The National Highway Traffic Safety Administration is advancing pedestrian safety by proposing a new rule to reduce fatalities and serious injuries among pedestrians struck by vehicles. In 2022, 88% of pedestrian fatalities occurred in single vehicle crashes. The proposed rule would apply to passenger vehicles with a gross vehicle weight rating of 10,000 pounds or […]
Fix Auto UK Adds Collision Repair Center in Kent to Network
Fix Auto UK announced Kent-based RS Dawe has joined its network and significantly the appointment takes the number of fully branded bodyshops either within or around the M25 corridor to 15. Operating as Fix Auto Ebbsfleet, the business is owned by Danny Ruberto. This latest signing is the culmination of plans sowed two years prior […]
SEMA Launches Voter Mobilization Campaign
The Specialty Equipment Market Association (SEMA) launched Drive The Vote, a campaign to mobilize voters among its 7,000 member companies and the millions of American automotive enthusiasts, with resources to enable their participation in the 2024 general election. “Voting is an essential activity for our nation and for ensuring the automotive aftermarket industry has a […]
U.S. Consumers Less Likely to Purchase an EV Than Last Year
An increase in interest for hybrid vehicles, however, shows a new pathway to EV adoption. The fifth iteration of the EY Mobility Consumer Index (MCI), a global survey of almost 20,000 consumers from 28 countries, found that despite record U.S. consumer interest in electric vehicles (EVs) in 2023, only 34% of U.S. consumers intend to […]
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