Nearly 90% will travel by car over long holiday weekend. The unofficial start to summer will be a busy one this year as AAA predicts 39.2 million people will travel 50 miles or more from home this Memorial Day weekend in the U.S. This is an increase of 8.3% over 2021, bringing travel volumes almost […]
Allstate Says Collision Data Points to Increasingly Dangerous Roads this Summer
Collision rates could be more than 7% higher in the summer post-pandemic. An analysis by Allstate of proprietary collision data for the five years between 2017 and 2021 reveals that the U.S. is likely to see riskier roadways this summer. Over the past two years, numerous roadway safety organizations, including the National Highway Traffic Safety […]
NOAA Predicts Above-Normal Atlantic Hurricane Season This Year
Ongoing La Niña, above-average Atlantic temperatures set the stage for busy season ahead. Forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above-average hurricane activity this year — which would make it the seventh consecutive above-average hurricane season. NOAA’s outlook for the 2022 Atlantic hurricane season, which extends from […]
Toyota Auto Body California Donates Nearly 1,000 Quarter Panels to Collision Repair Students Through CREF
Toyota Motor North America, Inc. connected the Collision Repair Education Foundation (CREF) to Toyota Auto Body California, Inc. for a donation of 944 quarter panels, valued at $632,480, which will benefit collision repair educational programs around the country. Quarter panels will be distributed to over 100 schools, immediately impacting over 3,000 students by allowing them […]
US New Vehicle Retail Sales Projected to Decline Over 20% Compared to Last Year
Average price forecast to set another record. New-vehicle retail sales for May 2022 are expected to decline when compared with May 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,013,700 units, a 20.9% decrease compared with May 2021 when adjusted […]
Volvo Trucks Academy Opens New Illinois Facility to Better Serve Electric Truck Training
Volvo Trucks North America announced today that the Volvo Trucks Academy opened a new facility in Tinley Park, Illinois, to expand access to battery-electric truck training in the central U.S. The new 14,865-square-foot facility is larger and more modern than the previous Illinois training facility, enabling Volvo Trucks to provide more robust, hands-on learning opportunities […]
IAA Expands and Relocates Its UK Head Office
IAA, Inc. (NYSE:IAA) announced that its UK-based business unit is relocating and expanding its southern UK head office in order to meet the demands of both current and new customers. The current office, IAA House, will be retained as an expanded Customer Service center. “The expansion and relocation of our southern UK head office demonstrates […]
Hyundai Motor Group Increases US Investment
Plans to expand electric vehicle production and commercial launch of robotaxi service in 2023. The Hyundai Motor Group (HMG) is increasing its investment to more than $10 billion by 2025 to further its smart mobility solutions in the U.S. including investments HMG has allocated a series of additional expenditure to foster key future businesses such […]
Crash Champions Celebrates 200 Location Milestone
Company employs 3,500 people at 200 locations in 20 states. Crash Champions, LLC announced that, with the acquisition of two collision repair centers in New Jersey reported yesterday, it has grown to 200 collision repair centers. The company’s M&A strategy has grown Crash Champions by over 2,400 percent since 2019. Today, Crash Champions employs more than […]
Premium Increases Lead to Erosion in Auto Insurance Price Satisfaction
State Farm ranks highest among large insurers, The Hartford ranks highest among midsize insurers. According to the J.D. Power 2022 U.S. Insurance Shopping Study, auto insurance customer satisfaction with price has plummeted, driving a surge in new-policy shopping activity while also dragging on the purchase experience index. According to the report, auto insurers are caught […]
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