Vehicle suppliers indicate growing layoffs and concern for sub-supplier financial viability. Border disruption further exacerbates supply chain issues. MEMA Original Equipment Suppliers surveyed its members on the impact of the UAW strike against the Detroit Three. According to the association, vehicle suppliers employ over 900,000 workers, over six times more than the 146,000 UAW Detroit […]
asTech Introduces Generative AI Tool Offering Instant Collision Repair Recommendations from Scan Results
asTech, a Repairify company, announced asTech Insights, a generative artificial intelligence (AI) product that will immediately enhance its OEM-compatible scans. Through the power of AI, asTech Insights uses the results from an asTech OEM-Compatible pre-scan to automatically generate custom collision repair recommendations that are specific to the vehicle and identified DTC codes. All within seconds […]
September Light Vehicle Sales Up Over 14% Compared to Last Year
According to NADA, September was the 13th straight month with year-over-year sales increases. New light-vehicle sales in September 2023 increased year-over-year for the 13th straight month according to the National Automobile Dealers Association Market Beat Report. September 2023’s seasonally adjusted annual rate (SAAR) of 15.7 million units represents an increase of 14.4% compared to September […]
Driven Brands Collision Repair Conference Raises Over $90,000 for Cystic Fibrosis
Abra, CARSTAR and Fix Auto USA franchise partners continued their collective efforts Saturday in Florida as part of the inaugural Driven Brands U.S. collision repair joint conference, along with Driven Brands team members, vendors, and industry leaders from across the U.S. The final day of the Evolution 2023 conference featured the Fenders and Fairways golf […]
Report Details How Inflation Varied for Consumers Across U.S. States Last Year
The personal consumption expenditures index was above 9.7% in 10 states in 2022. Nationally, personal consumption expenditures (PCE), in current dollars, increased 9.2 percent in 2022 after increasing 12.9 percent in 2021. PCE increased in all 50 states and the District of Columbia, with the percent change ranging from 11.8 percent in Idaho to 6.4 […]
Boyd Group Says UAW Strike Hasn’t Impacted its Parts Supply to Date But Cautions Long Strike Could Cause Disruptions
Boyd Group Services Inc. (TSE: BYD) yesterday commented on the potential impact of the United Auto Workers (UAW) labor strike. “To date, the Strike has not impacted our ability to source parts required to complete collision repairs; however, should the Strike continue for an extended period of time, it is possible that parts supply from […]
Hertz Corporation’s Kristle Bollans Joins Collision Repair Education Foundation Board of Directors
The Collision Repair Education Foundation (CREF) announced Kristle Bollans, Senior Director of Replacement Accounts for The Hertz Corporation, to its Board of Directors. “The Foundation is thrilled to have Kristle join our Board of Directors,” shares CREF Executive Director Brandon Eckenrode. “Her industry experience will certainly be a major asset, and I look forward to […]
California Insurance Department Fines App-Based Auto Insurer and Underwriter for Mishandling Claims
Department investigation leads to settlement with app-based auto insurance seller Go Maps and insurer Topa for mishandling claims. The California Department of Insurance announced two settlement agreements with Go Maps, Inc. (Go Maps) and its insurance underwriter, Topa Insurance Company (Topa), after an investigation into complaints that consumer claims were mishandled for more than two […]
ASE Education Foundation Thanks Partners for Supporting its Mission to Solve Technician Shortage
The ASE Education Foundation is thanking its industry partners and supporters as the organization continues to deliver innovative programs that help increase the number and diversity of service professionals entering the industry workforce. “We extend our gratitude to all of our industry partners who offer invaluable support to the ASE Education Foundation year after year,” […]
Consumer Federation of America Report Highlights Top U.S. Insurance CEO Pay
According to consumer group, as insurance rates increase, CEOs at 10 largest auto and home insurers were paid a quarter billion dollars in past two years. But a CollisionWeek analysis shows CEO compensation doesn’t appear to be keeping pace with the rate of overall inflation. A Consumer Federation of America (CFA) review says insurance executive […]
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