The National Insurance Crime Bureau, the not-for-profit organization dedicated to combatting and preventing insurance crime, is helping lead the way to combat predatory towing practices in the Florida and recently took part in a transportation committee hearing in the Florida House of Representatives focused on this issue. “Once a vehicle is towed, the financial burden […]
WILsquare Capital Acquires Automotive Color & Supply
WILsquare Capital, a St. Louis-based private equity firm, announced it has completed the acquisition of Automotive Color & Supply (ACS), a leading regional distributor of automotive and industrial paint and supply products with 10 locations across Indiana and Illinois. Terms of the transaction were not disclosed. Founded in 1951, three generations of the Byers Family […]
Registration Open for May 5-8 Auto Care Connect Event
The Auto Care Association is pleased to announce that registration for the 2024 Auto Care Connect is now open. The automotive aftermarket’s largest educational event of the year will take place from May 5-8 at the Hyatt Regency Chicago in downtown Chicago, Ill. The 2024 Auto Care Connect event will offer an enhanced and more […]
IIHS and Road to Zero Coalition Call for In-Vehicle Alerts and Speed Limiters to Curb Aggressive Driving
The Insurance Institute for Highway Safety (IIHS) and other members of the Road to Zero Coalition are urging automakers, regulators and fleet operators to promote intelligent speed assistance (ISA) and speed limiters to help curb an epidemic of speeding that has contributed to a spike in traffic deaths since 2020. “Speeding causes more than a […]
NADA Reports New Light-Vehicle Sales Up in November Compared to Last Year
Sales rate, however, was down versus previous month. New light-vehicle sales in November 2023 totaled a seasonally adjusted annual rate (SAAR) of 15.3 million units, marking the second month of sequential month-over-month SAAR declines, according to the National Automobile Dealers Association (NADA). Yet despite the cooling SAARs of the past few months, November’s figure was […]
Wesco Acquires MotorCar Colors
The Wesco Group, the paint, body and equipment (PBE) distributor in the U.S. and Canada, announced that Motorcar Colors is now part of the Wesco Team. Motorcar Colors has been servicing the greater New Jersey and Delaware markets for over 30 years. The owners, George and Michelle Schulmann, have been committed to the industry and […]
UVeye Partners with Hypertec to Mass-Produce Vehicle Inspection Systems in North America
UVeye announced a strategic partnership with Hypertec, that will kickstart mass production of UVeye’s vehicle insepction systems in response to the growing demand from a diverse range of automotive industry players, including car dealerships, car auctions, and fleets. Production will take place at Hypertec’s facilities located in Plainfield, Indiana, and Montréal, Canada, solidifying the alignment […]
Registration Open for WIN Conference
The Women’s Industry Network (WIN) announced registration is now open for the 2024 WIN Conference. This year’s conference, featuring the theme of “Dream Out Loud,” will be held May 6-8 at the Hyatt Regency Newport Beach, Calif. “We are so excited to be hosting the 2024 Win Conference at the beautiful Hyatt Regency Newport Beach. […]
PPG to Support Refinish Education in France to Address Skills Shortage
PPG (NYSE: PPG) announced a partnership with France’s National School of Automotive Professions and Mobility (GARAC) that aims to help address the skills shortage in the automotive refinish sector. PPG will provide training expertise and digital tools including its PPG MOONWALK automated paint mixing system. “The shortage of skilled personnel, particularly among the younger generations, […]
Insurers Struggle to Deliver Seamless Digital Experience as Repair Cycle Times Rise
J.D. Power says apps become key to managing customer expectations. With customers saying their average auto repair cycle time has doubled in the past two years—now topping 23 days—and the average home repair cycle time increasing as well, insurers need to work harder than ever to manage customer expectations. According to the J.D. Power 2023 […]
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