Total personal auto policies in force remain up over 14% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,642,900 in July. July’s policies in force represent an increase of 14.0% from 17,233,900 in July 2022, but down 0.08% from 19,658,300 in June. Growth appears to have […]
Registration Open for October 30 MSO Symposium
The MSO Symposium announced that registration for the 12th annual meeting is now open online. The symposium, designed for collision repair facility owners, executives, and industry leaders, will take place at the Mirage Convention Center in Las Vegas, Monday, October 30th, prior to the start of SEMA/AAPEX. Attendance is limited to executives or owners of […]
Daimler Truck Opens Indiana Redistribution Center to Expand Parts Distribution Network
Daimler Truck North America (DTNA) celebrated the grand opening of its new Redistribution Center (RDC) in Whitestown, Indiana. Spanning over 605,000 square feet, this build-to-suit facility will replenish DTNA’s ten Parts Distribution Centers (PDC) across the U.S. and Canada with efficient and timely truck parts availability. The addition of the RDC to DTNA’s Parts Distribution […]
PPG, PPG Foundation to Invest $5 million in Environmental Sustainability Education
PPG (NYSE:PPG) and the PPG Foundation today announced a commitment to invest $5 million by 2030 in environmental sustainability education. Aligning with PPG’s 2030 sustainability targets and priorities, the new commitment will strengthen support of the next generation of innovators and maximize the impact within communities where PPG operates. The company will support programs that […]
Ultra-Poly Announces Bumper Recycling Initiative
Ultra-Poly, one of America’s largest plastics recyclers, has announced a bumper recycling program that involves the collection and reprocessing of damaged automotive bumpers into a new raw material. Ultra-Poly collects the used bumper covers directly from auto body shops where they have been removed from vehicles and stripped of any usable connected components. “This is […]
Auto Insurance Shopping Rates Up 12% in Second Quarter
Search for lower rates and higher vehicle sales drive consumer shopping for insurance, ultimately changes in market share. Auto insurance shopping rates were up 12% in Q2 2023, compared to the same time in 2022 according to TransUnion’s (NYSE: TRU) latest quarterly Insurance Personal Lines Trends and Perspectives Report. While vehicle sales played a role […]
Used-Vehicle Sales Estimated Up in July Compared to June
Year-to-date sales also up over last year. Sales for July, however, were down from a year ago. According to Cox Automotive estimates based on vehicle registration data, total used-vehicle sales in July increased approximately 2.1% from June to just over 3 million units. The July increase follows a slight increase in June, as used-vehicle sales […]
EV Manufacturer VinFast Completes SPAC Combination, Will Be Listed on NASDAQ
VinFast Auto Ltd. and Black Spade Acquisition Co (NYSE: BSAQ) announced the completion of their previously announced business combination. The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the NASDAQ stock exchange under the ticker symbols VFS and VFSWW, respectively, today. The Vietnam-based electric […]
California Bureau of Automotive Repair Offers Online License Printing
The California Bureau of Automotive Repair (BAR) announced a new license print feature online. The new feature offers licensees self-service license printing, eliminating the need to wait for the license mailed by BAR’s print vendor or request a duplicate/replacement license. Online license printing is available for both business and inspector/technician licenses. After entering the business […]
Mark Afable and Cory Nettles Join the American Family Board
American Family’s board of directors has elected two new members, Mark Afable and Cory Nettles. They will begin their service January 1, 2024. “A strong board of directors with broad and diverse experience and backgrounds is essential to fulfilling our purpose as a mutual company,” said Bill Westrate, chair-elect of the board and American Family […]
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