The American International Automobile Dealers Association (AIADA) yesterday launched an awareness campaign to highlight the employment and environmental consequences that will result from the severe limitations of a proposed new tax credit for electric vehicles (EV). “There are more than 50 EV models sold in the U.S., but Congress’s proposed new $4,500 tax credit will […]
Market Analysis Affirms Strength of Mutual Insurance Industry
New report from NAMIC and AON adds to the evidence supporting financial strength and stability of mutual insurers. The National Association of Mutual Insurance Companies (NAMIC) and Aon have taken another step toward understanding how mutual insurers’ performance, structure, and focus set them apart from other insurance entities with the release of the fourth annual […]
Painters Supply & Equipment Acquires PBE Distributor in Michigan
Painters Supply & Equipment Co. (PSE) announced the acquisition of Westside Paint & Supply, a PPG Platinum Distributor that is headquartered in Bay City, Mich. that was founded by David Royal in 1983. “We’re very pleased to welcome the Westside team to Painters Supply,” said Patrick Mayette, CEO of PSE. “We’re looking forward to providing […]
AASP/NJ Presents Inaugural Young Technician Award at Northeast Trade Show
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) recently debuted its brand-new Young Technician Award, bestowed upon a promising young technician who has worked in a member shop for less than five years. On the first night of the 2021 NORTHEAST® Automotive Services Show, AASP/NJ Allied Board Member Joe Amato, Sr., president of […]
GM Invests $300 Million in Momenta to Deliver Self-Driving Technologies in China
General Motors announced it will invest $300 million in Momenta to accelerate the development of next-generation self-driving technologies for future GM vehicles in China. “Customers in China are embracing electrification and advanced self-driving technology faster than anywhere else in the world, and the agreement between GM and Momenta will accelerate our deployment of next-generation solutions […]
Boyd Group Acquires Collision Repair Center in Shreveport, Louisiana
Boyd Group Inc. announced the acquisition of a collision repair center in Shreveport, La. This new Gerber Collision & Glass repair center previously operated as Crown Collision in this community since 2017. Shreveport is the third largest city in Louisiana with a population of approximately 190,000 people. Louisiana ranks third in the U.S. for the […]
Early Bird Registration for MSO Symposium Ends September 30
The Automotive Service Association (ASA) announced that early-bird registration will end next Thursday, September 30 for the 2021 MSO Symposium. The event is taking place as an in-person event in Las Vegas, Nev. at the Mandalay Bay on November 1st, the Monday of the SEMA/AAPEX show. More information and registration are available online. For those […]
asTech to Provide Comprehensive Diagnostic Scan Reports with OEM Tool Reports in October
Repairify, Inc. announced today that starting in October 2021, asTech’s remote scanning and diagnostic service will provide comprehensive diagnostic scan reports along with official OEM tool reports. “We listen to our customers. We are committed to providing excellent service to continually enhance our products and services,” said Cris Hollingsworth, President of Repairify. “The delivery of […]
Axalta Announces Inaugural Bright Futures Scholarships Recipients
Axalta Coating Systems (NYSE:AXTA) announced the winners of its first-annual Bright Futures Scholarship Program. The 19 recipients represent a group of students who have demonstrated academic excellence, leadership, and active participation in school and community activities. The 2021 Axalta Bright Futures Scholarship recipients are: Aman Agrawal – University of Houston; Alejandro Alberto – Universal Technical […]
White Paper Highlights Significant Increases in Costs Impacting Auto Insurance
Insurance association warns that higher auto loss severity and rising claims frequency pushing costs up to levels not seen since 2017. Rising auto accident frequency and severity in the U.S. auto insurance market, combined with the challenges of balancing supply and demand for vehicles and vehicle parts following COVID-19, are resulting in increased claims costs […]
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