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Wholesale Used-Vehicle Prices Decreased in First Half of March

March 26, 2025 By CollisionWeek Editor

Prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, dropped from February in the first 15 days of March and were also down versus last year. The mid-month Manheim Used Vehicle Value Index fell to 200.8, now showing a decline of 1.1% from the full month […]

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

Prince Family Foundation Partners with UAF to Award 10 Scholarships to Automotive, Collision Repair and Heavy-Duty or Diesel Students

March 26, 2025 By CollisionWeek Editor

The University of the Aftermarket Foundation (UAF) announced that the Prince Family Foundation has become a Lifetime Trustee and will award 10 annual automotive, collision repair, or heavy-duty/diesel scholarships in memory of Larry Prince, former chairman and CEO of Genuine Parts Company, and his wife Sandra. The Larry and Sandra Prince Scholarships will be awarded […]

Filed Under: News Tagged With: Genuine Parts Company, Prince Family Foundation, Scholarships, University of the Aftermarket Foundation

CSN Collision Adds Repair Facility to Network in Red Deer, Alberta

March 26, 2025 By CollisionWeek Editor

CSN Collision has added CSN Cam Clark Red Deer, located at 417 Lantern Street in Red Deer, Alberta, Canada to its network of collision repair centers. The Red Deer facility, which began in 2015 when Cam Clark acquired Festival Ford expanding the operation to include full service auto repairs The addition of the Red Deer […]

Filed Under: News Tagged With: Alberta, Canada, CSN Collision, Network Affiliations

Registration Open for May Southeast Collision Conference Education Program

March 26, 2025 By CollisionWeek Editor

Registration is open for education program at the Southeast Collision Conference (SCC) being held May 1-3 at the Greater Richmond Convention center in downtown Richmond, Va. The full list of Collision P.R.E.P. seminars and registration are available online. The line-up Friday kicks off with a session by Mike Anderson, Stay Humble, Stay Hungry, followed by […]

Filed Under: News Tagged With: Southeast Collision Conference

PPG Launches Waterborne Automotive Coatings Plant in Thailand

March 26, 2025 By CollisionWeek Editor

PPG (NYSE: PPG) has started operations at a new waterborne automotive coatings manufacturing plant in Samut Prakan, Thailand. The facility will produce waterborne basecoats and primers to meet increasing demand from automotive companies in Southeast Asia. The plant has an annual production capacity of 2,000 tons and features an automated spray application center. PPG held […]

Filed Under: News Tagged With: Openings, PPG, Thailand, Waterborne

April 2-3 HD Repair Forum to Tackle Economic Uncertainty and Industry Challenges

March 25, 2025 By CollisionWeek Editor

Event will examine data and trends impacting heavy-duty collision repair industry. The 2025 HD Repair Forum, taking place April 2–3 in Frisco, Texas, will explore the economic and political forces shaping the heavy-duty collision repair industry. Economist Dr. Christopher Thornberg of Beacon Economics will headline the event with a keynote titled Political Narratives & Economic […]

Filed Under: News Tagged With: HD Repair Forum, Texas

Enterprise Mobility Expands Community Support with $200M+ Investment

March 25, 2025 By CollisionWeek Editor

Enterprise Mobility announced today a commitment of more than $200 million to expand its efforts addressing food insecurity and social equity through its Fill Your Tank program and ROAD Forward initiative. This funding aims to support local nonprofit organizations and key partners across North America and Europe. The investment will bring the company’s collective contribution […]

Filed Under: News Tagged With: Enterprise Mobility

Hyundai Motor Group Commits $21 Billion to U.S. Expansion Through 2028

March 25, 2025 By CollisionWeek Editor

Hyundai Motor Group announced March 24 it will invest $21 billion in the United States over the next four years, with plans spanning manufacturing expansion, supply chain development, and innovation in emerging technologies. The investment, scheduled from 2025 to 2028, is expected to support the production of 1.2 million vehicles annually, strengthen parts localization and […]

Filed Under: News Tagged With: Hyundai

CCIF Announces New Steering Committee Members

March 25, 2025 By CollisionWeek Editor

The Canadian Collision Industry Forum (CCIF) has appointed new members to its Steering Committee and re-appointed Sylvain Séguin, president of Fix Network Canada, as the Committee Chair. The Steering Committee helps identify topics and priority areas for CCIF events focused on Canada’s collision repair sector. Committee Members include: Matthew Banister — Supplier Representative Owner of […]

Filed Under: News Tagged With: Canada, Canadian Collision Industry Forum, People

U.S. Property Casualty Insurance Industry Reports $170 Billion Net Income in 2024

March 24, 2025 By CollisionWeek Editor

Verisk and APCIA report that investment gains and pricing in 2024 offset some impacts driven by severe catastrophic events. Verisk (NASDAQ: VRSK), the global data analytics and technology provider, and The American Property Casualty Insurance Association (APCIA), the primary national trade association for home, auto and business insurers, reported full-year 2024 net income for the […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Earnings, Net Written Premiums, Property Casualty Insurance, Verisk

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