Expands its network footprint across the Western U.S. B&R Auto, a portfolio company of Highview Capital, LLC, today announced the acquisition of Highway 64 Truck and Auto Salvage in Farmington, N.M. This acquisition further expands the B&R Western U.S. network into the state of New Mexico and across the entire Southwestern U.S., reaching into the […]
AAA Reports Fear of Self-Driving Vehicles Persists
Drivers say they want better vehicle safety systems over self-driving cars. According to AAA’s latest survey on autonomous vehicles, 13% of U.S. drivers would trust riding in self-driving vehicles – an increase from last year, when this number was 9%. Despite this slight increase, 6 in 10 U.S. drivers still report being afraid to ride […]
Empire Auto Parts Scholarship Applications Open
Empire Auto Parts has announced the continuation of its Scholarship Fund for the second year. This initiative awards two scholarships to students enrolled in post-secondary collision repair programs in underserved communities within Empire’s market. The fund, created in recognition of Black History Month, is administered by the TechForce Foundation. More information and a scholarship application […]
GEICO Reports 7.7% Rise in Premiums Written for 2024
Collision claims frequency down 8-9 percent compared to 2023. Berkshire Hathaway reported its 2024 earnings on Feb. 22, providing details on its GEICO subsidiary—the third-largest private passenger auto insurer in the U.S. GEICO’s pre-tax underwriting earnings climbed to $7.813 billion in 2024, up $4.178 billion, or 114.9 percent, from $3.635 billion in 2023. The improvement […]
BASF to Sell Brazilian Decorative Paints business to Sherwin-Williams for $1.15 Billion
Will explore strategic options for remaining coatings activities in second quarter including automotive OEM and refinish. BASF and Sherwin-Williams have signed an agreement on the sale of the Brazilian decorative paints business, which is part of BASF’s Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion. The transaction is structured […]
NCOIL Highlights February Insurance Career Month
As February marks the ninth annual Insurance Careers Month, the National Council of Insurance Legislators (NCOIL) is proud to join the Insurance Careers Movement (ICM) in highlighting the many important and fulfilling career opportunities the insurance industry has to offer. The ICM is a global network of more than 1,000 insurance carriers, agents, trade associations, […]
NORTHEAST Dollars Campaign Returns to 48th Annual Trade Show
The annual NORTHEAST Automotive Services Show is scheduled for March 14–16 at the Meadowlands Exposition Center in Secaucus, N.J. Now in its 48th year, the event is the country’s second-largest automotive services show, drawing professionals in collision repair and automotive services from across the region. A notable feature of the show is the NORTHEAST Dollars […]
Collision Repair Education Foundation Announces Spring Career Fair Schedule
Businesses looking for trained entry level technicians can participate in high school and college transportation student events. Collision repair industry businesses seeking employees or students seeking job opportunities can kick their search into high gear with the Collision Repair Education Foundation (CREF) Spring 2025 High School and College Transportation Student Career Fairs. The fairs will […]
Mitchell Reports Collision Claims Increased by More Than 30% for BEVs Last Year
Average severity plateaued and total losses increased. Mitchell, an Enlyte company, announced the latest release of its Plugged-In: EV Collision Insights report. This edition features an overview of the most notable annual trends in battery electric vehicle (BEV), mild hybrid electric vehicle (MHEV) and plug-in hybrid electric vehicle (PHEV) collision claims. Following a second year […]
Auto Care Association Says ASA, Auto Alliance and SCRS Federal Right to Repair Proposal Represents Views of ‘Small Fraction’ of Repair Market
The Auto Care Association said the federal right to repair legislative proposal by the Automotive Service Association (ASA), Alliance for Automotive Innovation, and the Society of Collision Repair Specialists (SCRS) announced yesterday represents the views of a small fraction of the repair market and are not representative of the broader automotive aftermarket. The association, however, […]
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