Up to 70% of vehicle suppliers expect some layoffs if the strike continues through October. The most recent survey from MEMA Original Equipment Suppliers reveals the impact on the vehicle supply base from the ongoing strike between the UAW and Detroit’s Big Three manufacturers. The survey, collected from October 9 – 11, 2023, revealed: Layoffs […]
Consumer Sentiment Declines in Preliminary October Results
Inflation concerns continue to weigh on consumers’ view of the economy. Projections on GDP in the third quarter, however, have been improving. Consumer sentiment declined more than 7% in preliminary October results following two consecutive months of very little change according to the University of Michigan Surveys of Consumers. Assessments of personal finances declined about […]
3M Opens Training Facility in Minnesota to Educate Collision Repair Technicians
3M officially opened its doors to the new 3M Skills Development Center, a 15,000-sq. ft. training facility in St. Paul, Minn. The 3M Skills Development Center is dedicated to educating and upskilling technicians across all experience levels on the most updated automotive collision repair and refinishing processes through intensive, hands-on training. “With rapidly changing vehicle […]
Opus IVS Announces Key Sales and Operational Executive Changes
Opus IVS announced changes in the company’s sales and operational leadership team to further enhance its global market presence. Bill O’Brien, previously the VP of Global Mechanical Diagnostic Sales, will now serve as the Executive Director of Global Development. Throughout his career, O’Brien has consistently demonstrated an exceptional ability to identify strategic customers, secure significant […]
Consumer Group Seeks to Have Mercury Insurance License Suspended or Revoked in California
Consumer Watchdog yesterday filed a Petition to Intervene in an enforcement action brought by the California Department of Insurance (CDI) against Mercury Insurance Group for overcharging, misleading and discriminating against California homeowners and motorists. Mercury is the state’s 3rd largest auto insurer and 6th largest home insurer. Consumer Watchdog said its participation in the matter […]
Insurance and Collision Repair Organizations to Participate in Nevada Public Forum on Auto Insurance Rates November 1
The Nevada Division of Insurance (Division) has announced that it will be hosting a live webinar panel discussion to address questions and concerns about the rising costs of auto insurance in Nevada. This event will be held virtually on Wednesday, November 1, 2023, from 10:00 AM – 11:30 AM (PDT) and is open to the […]
New York Collision Repair Shop Owner Pleads Guilty to Income Tax Fraud
Shop owner had previously been convicted in New York State court of insurance and sales tax fraud. A New York State man pleaded guilty October 11 to conspiring to defraud the United States relating to his efforts to conceal income from the IRS. In 2016, the defendant had also been convicted of insurance and sales […]
Victory Automotive Group to Pay $9 Million to Settle False Claims Act Allegations Relating to Paycheck Protection Program Loan
The U.S. Department of Justice announced that Port Richey, Fla.-based automotive management company Victory Automotive Group Inc. (VAG) has agreed to pay $9 million to resolve allegations that it violated the False Claims Act (FCA) by knowingly providing false information in support of a Paycheck Protection Program (PPP) loan forgiveness application it submitted. Congress created […]
ASA Signs Letter Urging CT DMV Commissioner to Reconsider Interpretations of New Recall Notification Law
ASA joined with five other organizations in sending a letter to Connecticut Department of Motor Vehicle Commissioner Tony Guerrera. The letter respectfully urges Commissioner Guerrera to reconsider his interpretation of a new law passed by the state legislature – and in effect starting October 1, 2023 – intended to better inform drivers on open recalls […]
Onwings Automotive Refinish System Receives CESVI Certification in Mexico, Central and Latin America
Shanghai, China-based Donglai Technology Company announced that its Onwings automotive refinish system has been Certified by CESVI International in Toluca, Mexico as a CESVI approved repair system for CESVI Certified Collision Shops throughout Mexico, Central and Latin America. “After thorough analysis and testing of Onwings products we are proud to welcome Donglai as a Certified […]
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