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IBIS Worldwide Announces July 23-24 IBIS Australia Conference

January 18, 2024 By CollisionWeek Editor

IBIS Worldwide announced its IBIS Australia 2024 conference will take place on July 23-24 at the prestigious Four Seasons Sydney, located at 199 George Street in Sydney, Australia. This event marks a significant milestone in IBIS’s ongoing commitment to extending its reach and fostering innovation globally. The conference will commence with a welcome drinks reception […]

Filed Under: News Tagged With: IBIS, IBIS Australia

New ASE Leadership, Board Members in Place

January 18, 2024 By CollisionWeek Editor

The recent leadership transition at the National Institute for Automotive Service Excellence (ASE) is complete, and the new ASE officers and board members have begun their terms. As of January 1, Dave Johnson officially took on the role of ASE president and CEO. He replaces Tim Zilke, who retired from ASE on Dec. 31 after […]

Filed Under: News Tagged With: ASE, Board of Directors, People

Wholesale Used-Vehicle Prices Continued to Decline in First Half of January

January 17, 2024 By CollisionWeek Editor

Prices that influence total loss rates were down both on a month-over-month basis and year-over-year. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis, decreased 1.0% from December in the first 15 days of January. The midmonth Manheim Used Vehicle Value Index dropped to 201.9, which was down 10.2% from the full month […]

Filed Under: News Tagged With: Manheim Wholesale Used Vehicle Price Index, Wholesale Used Vehicle PRices

1Collision Rebrands as CSN Collision

January 17, 2024 By CollisionWeek Editor

Announces new U.S. locations. The 1Collision Network announced its rebranding as CSN Collision, signifying a strategic evolution in the company’s journey. The rebranding positions CSN Collision to tap into its parent company’s global resources and expertise, strengthening its role in the United States, Canada, and Europe. CSN Collision Centres and 1Collision announced they were merging […]

Filed Under: News Tagged With: 1Collision Network, Arizona, California, CSN Collision Centres, Michigan, Network Affiliations, New York State, North Carolina, Ohio

MEMA Announces Retirement of Ann Wilson and Appointment of Ana Meuwissen to Lead Government Affairs

January 17, 2024 By CollisionWeek Editor

MEMA, The Vehicle Suppliers Association, (MEMA) today announced significant organizational changes as it prepares for the future. Ann Wilson, a stalwart of the industry, a member of the Automotive Hall of Fame, and a leading voice in Washington D.C. advocating for the supplier industry for over two decades, has announced her retirement at the end […]

Filed Under: News Tagged With: Motor & Equipment Manufacturers Association, People

Australia Motor Insurance Industry Projected to Surpass $23 Billion by 2028

January 17, 2024 By CollisionWeek Editor

Premiums were up 10% in 2023 due to repair cost inflation, reinsurance costs. The Australian motor insurance industry is projected to grow at a compound annual growth rate (CAGR) of 9.9% from AUD24.1 billion ($16.7 billion) in 2024 to AUD35.1 billion ($23.9 billion) in 2028, in terms of direct written premiums (DWP), according to GlobalData, […]

Filed Under: News Tagged With: Australia, Net Written Premiums

American Family’s Westrate Elected Chair of IIHS Board of Directors

January 17, 2024 By CollisionWeek Editor

Bill Westrate, chair and chief executive officer of American Family Insurance, has been elected chair of the Insurance Institute for Highway Safety’s Board of Directors for 2024. Westrate takes over from Scott Wesley Ziegler, who is retiring from Progressive Insurance, where he was general manager of personal lines. “IIHS exemplifies the collective power and impact […]

Filed Under: News Tagged With: American Family, Board of Directors, Insurance Institute for Highway Safety, People

New Texas Greenfield Collision Repair Center is Joe Hudson’s 200th Location

January 16, 2024 By CollisionWeek Editor

Joe Hudson’s Collision Center announced its newest greenfield location in Princeton, Texas is its 200th location. CEO Brant Wilson said, “Our relentless pursuit of growth is anchored in a disciplined strategy. We strategically target value-accretive locations within and adjacent to our core markets to ensure we can provide the oversight and excellence our customers expect.” […]

Filed Under: News Tagged With: Joe Hudson's Collision Center, Openings, Texas

Classic Acquires 3 Collision Repair Centers in Arizona

January 16, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Painters Collision Centers in Apache Junction, Chandler, and Queen Creek, AZ. “Our reputation was built on a foundation of quality repairs and unparalleled customer service, and we believe Classic Collision is the right organization to keep our foundation intact,” stated James Huard, former owner of Painters Collision Centers. […]

Filed Under: News Tagged With: Acquisitions, Arizona, Classic Collision

Oakley Capital Acquires Stake in UK’s Steer Automotive Group

January 16, 2024 By CollisionWeek Editor

Oakley Capital, the pan-European private equity investor, announced it has reached a conditional agreement to invest in Steer Automotive Group, the UK’s largest independent collision repair group. Founded in 2018 by serial entrepreneur Richard Steer, Steer Automotive has expanded through 18 acquisitions, establishing a network of over 100 collision repair centers. Steer, and the current […]

Filed Under: News Tagged With: Acquisitions, Oakley Capital, Steer Automotive Group, United Kingdom

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