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Wholesale Used-Vehicle Prices Up Just 0.1% in First Half of August Compared to Last Month

August 22, 2023 By CollisionWeek Editor

Wholesale prices, however, are down almost 8% compared to last year. Retail prices down 4% year-over-year. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis, increased 0.1% from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index rose to 212.0, which was down 7.8% from the full […]

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

I-CAR Announces Board Election Results

August 22, 2023 By CollisionWeek Editor

The Inter-Industry Conference on Auto Collision Repair (I-CAR) announced the results of its recent Board of Directors election, which concluded on July 15. I-CAR Regular Members overwhelmingly approved the election of six individuals to fill open board seats. The following newly elected board members will serve a 3-year term: Mark Thorpe – Director of Sales […]

Filed Under: News Tagged With: Board of Directors, I-CAR, People

Kristi Werner Named CEO of United Recyclers Group

August 22, 2023 By CollisionWeek Editor

The United Recyclers Group (URG) announced that Kristi Werner, an 18-year veteran of the automotive recycling industry, has been named CEO for the organization. Werner, who joined URG in 2011, was promoted to the role after serving as the Chief Technology Officer. URG, headquartered in Georgetown, Texas, provides products and services tailored to the operational […]

Filed Under: News Tagged With: People, United Recyclers Group

U.S. Auto Insurer Profit Recovery Slow to Materialize

August 21, 2023 By CollisionWeek Editor

Fitch Ratings says publicly-traded auto insurers continue to report underwriting losses even with higher rates. According to a report by Fitch Ratings, most publicly-traded U.S. personal auto insurers continued to report underwriting losses in the first half of 2023 despite sharper improvement in premium rates. The first half of 2023 was marked by continued unfavorable […]

Filed Under: News Tagged With: Auto Insurance, Fitch, Premiums

Classic Collision Acquires Repair Center in Washington State

August 21, 2023 By CollisionWeek Editor

The multiple collision repair shop operator now has 226 locations in 15 states. Classic Collision, LLC, the Atlanta-Ga.-based multi-site collision repair operator announced it closed the acquisition of a new collision repair center in Kirkland, Wash. For more than 60 years, Lakeside Collision Kirkland has been a valuable pillar in the local community. “Our motto […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Washington State

Lift Auto Group Acquires CSN Automacs

August 21, 2023 By CollisionWeek Editor

Lift Auto Group has acquired CSN Automacs, in Oakville, Ontario, Canada. CSN Automacs has been serving Oakville for over four and a half decades. “I wish them all the success in the world,” previous owner Steve Ingoglia says. “The shop has a lot to offer and a good clientele. I’m happy Lift is keeping the […]

Filed Under: News Tagged With: Acquisitions, Canada, CSN Collision Centres, Lift Auto Group, Ontario

CalPro ADAS Solutions and Collabtic Announce Integration Agreement

August 21, 2023 By CollisionWeek Editor

CalPro ADAS Solutions, LLC and Fieldpulse, LLC have announced an integration agreement that will allow CalPro’s ADAS IdentiScan product to run on the Collabtic Software Platform. CalPro’s Patented ADAS IdentiScan technology is used in the ADAS identification and calibration market for the collision repair industry. Collabtic is a highly configurable collaboration platform which empowers organizations […]

Filed Under: News Tagged With: Agreements Signed, CalPro ADAS Solutions, Collabtic, Fieldpulse, Integrations

Stellantis to Sell Remanufactured Headlights and Taillights in North America in Support of Sustainability Goals

August 18, 2023 By CollisionWeek Editor

Will also establish ecommerce “reuse” channel in the U.S. by the end of 2023. During a keynote speech at the Motor & Equipment Manufacturers Association (MEMA) Sustainability Summit on August 15 in Troy, Mich., Alison Jones, senior vice president, global circular economy for Stellantis, outlined how the circular economy plays a key role in the organization’s […]

Filed Under: News Tagged With: North America, Remanufactured Parts, Stellantis, Sustainability

Penn College Receives Grant for Prison-to-College Program

August 18, 2023 By CollisionWeek Editor

Pennsylvania College of Technology, located in Williamsport, Pa., has received an $18,750 grant to support its Lycoming County Prison-to-College Program. The initiative aims to break down initial barriers to education and help individuals on a path to bettering themselves and their communities. The grant is from the Lycoming Economic Development Foundation Fund IMO Joseph L. […]

Filed Under: News Tagged With: Career and Technical Education, Pennsylvania, Pennsylvania College of Technology, Workforce Development

Tim Temple Wins Louisiana Insurance Commissioner Seat After Opponent Withdraws from Race

August 18, 2023 By CollisionWeek Editor

Tim Temple will be the next insurance commissioner for Louisiana. The only other candidate in the race, R.D. “Rich” Weaver, is officially listed as withdrawn on the Louisiana Secretary of State website. In a statement on August 16, Temple said, “As of today, I am honored and humbled to announce that I am officially the […]

Filed Under: News Tagged With: Elections, Insurance Commissioner, Louisiana

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