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Crash Champions Present $70,000 to Susan G. Komen Foundation

November 21, 2023 By CollisionWeek Editor

The Crash Champions Collision Repair Team recently presented a gift in the amount of $70,000 to the Susan G. Komen Foundation on the heels of its Champions for a Cause campaign. The campaign, which took place throughout the month of October in recognition of Breast Cancer Awareness Month, rallied the company’s 10,000-plus team members in […]

Filed Under: News Tagged With: Crash Champions, Donations

Wholesale Used-Vehicle Prices Decline in First Half of November

November 20, 2023 By CollisionWeek Editor

Manheim Used Vehicle Value Index down on both a month-over-month and year-over-year basis. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased 1.6% from October in the first 15 days of November. The mid-month Manheim Used Vehicle Value Index declined to 206.1, which was down 5.3% from the full month of November […]

Filed Under: News Tagged With: Cox Automotive, Manheim Wholesale Used Vehicle Price Index, Wholesale Used Vehicle PRices

Greenbriar Equity Group Recapitalizes VIVE Collision

November 20, 2023 By CollisionWeek Editor

Greenbriar Equity Group, L.P. today announced that funds managed by Greenbriar recently completed the recapitalization of VIVE Collision in partnership with the Company’s management and Garnett Station Partners, LLC. Financial terms of the private transaction were not disclosed. Founded by Vartan Jerian, Jr., Scott Leffler and Philip Taub, VIVE operates 35 collision repair facilities in […]

Filed Under: News Tagged With: Acquisitions, Garnett Station Partners, Greenbriar Equity Group, VIVE Collision

Fix Auto Adds Collision Repair Center to Network in Saint- Eustache, Quebec

November 20, 2023 By CollisionWeek Editor

Fix Auto announced the addition of Fix Auto Saint-Eustache to its network of collision repair centers in Quebec.  Daniel Roy, who has been in the field since 1981, founded the business in 1991 with his partner, Linda. Over the years, the business has seen significant growth, from its first service point in Les Cèdres in […]

Filed Under: News Tagged With: Canada, Fix Network Canada, Network Affiliations, Quebec

CIF 13th Annual Charity Event January 16 in Palm Springs

November 20, 2023 By CollisionWeek Editor

The Collision Industry Foundation (CIF) announced its 13th Annual Charity Event, Cocktails for a Cause will be held in Palm Springs, Calif. on Tuesday, January 16, 2024, at the Agua Caliente Casino in the private room, CASCADE Lounge. The event will feature: Live drawing for prizes Great food and beverages Industry networking, and The CIF […]

Filed Under: News Tagged With: California, Collision Industry Foundation, Fundraiser, Palm Springs

Progressive Personal Auto Policies in Force Up Over 10% in October Compared to Last Year

November 17, 2023 By CollisionWeek Editor

Total personal auto policies in force were down month-over-month. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,479,600 in October, down 39,000 or 0.2% from 19,518,600 in September.  October’s policies in force represent an increase of nearly 1.8 million or 10.2 % from 17,680,400 in October 2022. While up […]

Filed Under: News Tagged With: Net Written Premiums, Policies in Force, Progressive Insurance

Former SCRS and I-CAR Chair Rex Womble Passes Away

November 17, 2023 By CollisionWeek Editor

Rex Womble, who was an active leader in the collision repair industry for more than four decades, passed away November 12th at the age of 90. Womble, the former owner of B&B Body & Paint in Austin, Texas, was a founding member of the Society of Collision Repair Specialists (SCRS) and the organization’s fifth chairperson, […]

Filed Under: News Tagged With: Collision Industry Hall of Eagles, I-CAR, Obituary, Society of Collision Repair Specialists

December 14 CIECA Webinar Examines Increasing Demand of AI and Data in the Collision Industry

November 17, 2023 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced that its next Webinar is scheduled for Thursday, December 14 at 2 p.m. (EST) titled The Increasing Demand of AI and Data in the Collision Industry. The one-hour webinar will feature Sumit Chauhan, co-founder and chief operating officer (COO) of CerebrumX. Registration for the webinar is available […]

Filed Under: News Tagged With: Artificial Intelligence, Collision Industry Electronic Commerce Association, Webinars

Hyundai and Amazon Partner for Online Vehicle Sales and Cloud Services

November 17, 2023 By CollisionWeek Editor

Amazon to launch online vehicle sales in the U.S., starting with Hyundai in 2024, making it more convenient for customers to find and buy a vehicle and pick it up from their local dealer. Amazon (NASDAQ: AMZN) and Hyundai Motor Company announced a strategic partnership that includes Amazon launching online sales of Hyundai vehicles in […]

Filed Under: News Tagged With: Agreements Signed, Amazon, Hyundai

Solera Global EV Research Shows 29% Higher Overall EV vs. ICE Repair Costs in Side-by-side Model Comparison

November 16, 2023 By CollisionWeek Editor

Solera Holdings, LLC announced the results of global research looking at repair cost trends of electric vehicles (EVs) in comparison to internal combustion engine (ICE) repair costs. The comparative study considered aggregate international analytics across 20 countries; Solera’s global claims database aggregates and normalizes raw claims data to provide insights into important performance metrics such […]

Filed Under: News Tagged With: Claim Severity, Electric Vehicles, Highway Loss Data Institute, Solera

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