U.S. Senators Richard Blumenthal (D-CT), Edward J. Markey (D-MA), and Elizabeth Warren (D-MA) introduced legislation today to ensure the safety and reliability of used cars. The legislation, the Used Car Safety Recall Repair Act, requires car dealers to repair any outstanding safety recalls in used cars prior to selling, leasing, or loaning them to consumers. […]
PGW Auto Glass Premieres SAAS Platform and New Branding
PGW Auto Glass has just launched a new logo and brand identity to coincide with the launch of everythingautoglass.com, a VIN decoding and point-of-sale software service focused on getting the correct auto glass solutions quickly and efficiently across the industry. The new logo, launched at a company event earlier this month, captures the spirit of […]
ASA Says FTC Proposed Rule on Unfair or Deceptive Fees Could Penalize Collision Repair Facility Operators for Supplements
Association suggests revisions to proposed rule that clarify supplements after repairs begin would not be a violation of the rule. The Automotive Service Association (ASA) commented on a Federal Trade Commission proposed rule that seeks to prohibit unfair or deceptive practices relating to fees on goods or services. In its Notice of Proposed Rulemaking (NPRM) […]
Crash Champions Acquires Collision Repair Center in Idaho
Crash Champions announced the acquisition of Addison Collision Repair in Twin Falls, Idaho. The collision repair center is located at 1196 Addison Ave. and will begin operating as Crash Champions effective today. “This is another proud step forward as we expand the Crash Champions brand and vision across the state of Idaho,” said Matt Ebert, […]
Underwriting Losses Persist in US Property/Casualty Industry Total $21.2 Billion in 2023
The U.S. property/casualty (P/C) industry recorded a $21.2 billion net underwriting loss in 2023, slightly improving upon the $24.9 billion loss recorded in 2022, according to a new AM Best report. These preliminary results are detailed in a new Best’s Special Report, titled, First Look: 2023 US Property/Casualty Financial Results, and the data is derived […]
Fisker Announces Negotiations with Large Automaker Terminated
Electric vehicle manufacturer Fisker Inc. (NYSE: FSR) announced today that negotiations with a large automaker for a possible transaction had been terminated by the vehicle manufacturer. In a filing with the Securities and Exchange Commission (SEC) today, Fisker stated, “After the market closed on March 22, 2024, Fisker Inc. received notice from the large automaker […]
FCA Recalls Over 280,00 Vehicles for Side Air Bag Inflatable Curtain Module Defect
FCA US LLC announced it is voluntarily recalling an estimated 284,982 U.S.-market vehicles to replace their side air bag inflatable curtain (SABIC) modules. The recall is limited to certain 2018-2021 Dodge Charger and Chrysler 300 sedans. A routine review of customer feedback led to a Company investigation that discovered certain vehicles may have been equipped […]
ProColor Collision Adds First Collision Repair Center to Network in Montana
ProColor Collision announced that ProColor Collision Gallatin Valley is the network’s first location in Montana. Located at 70 Rock Road in Belgrade, ProColor Collision Gallatin Valley is operated by Robert Rinta and Simon Gratch. Native to Montana, both served honorably in the Montana National Guard. In December 2022, Rinta opened NOVUS Glass Bozeman, providing mobile […]
GEICO Offering Discount for New Personal Auto Policies
S&P Global Market Intelligence reported that GEICO has recently begun submitting personal auto rate filings in several states that offer a “Welcome Factor” discount to new customers. The plan offers a temporary discount that applies to new policyholders and would be phased out in each subsequent renewal period. The discount first appeared in its Virginia […]
New Vehicle Sales Projected to Rise in March Compared to Last Year
Total new-vehicle sales for March 2024, including retail and non-retail transactions, are projected to reach 1,525,700 units, a 12.1% increase from March 2023, according to a joint forecast from J.D. Power and GlobalData. March 2024 has 27 selling days, the same as March 2023. The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is […]
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