AAA reported today that as the cost of a barrel of oil has remained near $110, the gas price decline has slowed. After hitting $4.33 on March 11, the national average for a gallon of gasoline is now $4.24, but only down a penny since last week. Domestically, gasoline demand is again defying seasonal trends […]
IIHS and HLDI Call on Regulators to Require Pedestrian AEB that Works in the Dark
The Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute (HLDI) this month petitioned federal regulators to require manufacturers to equip all new passenger vehicles with automatic emergency braking (AEB) systems capable of detecting and avoiding pedestrians in the dark as well as in daylight. Both a HLDI analysis of insurance claims […]
AkzoNobel and Paint the Future Award Startups Sign Letters of Intent
Less than 24 hours after winning Paint the Future awards, three startups have already signed their letters of intent to continue working together on sustainable business opportunities with AkzoNobel. It’s the next step of a continuing collaborative innovation journey. The startups had the unique opportunity to explore their solutions with their mentors and industry experts […]
Consumer Federation Calls on State Insurance Departments to Investigate Racial Bias in Claims Handling and Antifraud Efforts After New York Times Story
The Consumer Federation of America and Center for Economic Justice urged state insurance commissioners to investigate racial bias in insurance claims handling and anti-fraud efforts, after a New York Times article revealed allegations of discrimination against Black policyholders at State Farm, the nation’s largest insurer. In a letter to the nation’s commissioners, the groups asked […]
ColorVision Receives PPG 2021 Platinum Distributor of the Year Award
PPG (NYSE:PPG) today announced that it has named ColorVision of Springfield, Mo., its Automotive Refinish 2021 Platinum Distributor of the Year. The annual award recognizes the distributor that demonstrates outstanding performance, extensive knowledge of PPG products and an unwavering commitment to serve and support its customers, key qualities that are fundamental to the PPG Platinum […]
Registration Open for September 13-14 CIECA Annual Conference
The Collision Industry Electronic Commerce Association (CIECA) announced that its 14th annual conference, CONNEX 2022, will be held at the Embassy Suites St. Louis, in St. Charles, Mo. on September 13-14. More information about the CIECA CONNEX 2022 event, including registration is available online. The event will include a full lineup of business and technical […]
Repairify Completed 12.4M Diagnostic Scans in 2021
Repairify, Inc., a portfolio company of Kinderhook Industries, LLC, that its family of brands completed more than 12.4 million automotive diagnostic scans and delivered over 4.9 million diagnostic reports across the collision repair, mechanical, dealership, auction, and reconditioning repair markets. The record-setting year marked a watershed moment for Repairify. The company completed five acquisitions and […]
March Light Vehicles Sales Projected to Decline Over 25% from Last Year
New vehicle sales remain constrained by low inventory. New-vehicle retail sales for March 2022 are expected to decline when compared with March 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,044,500 units, a 27.8% decrease compared with March 2021 when […]
Toyota Announces Certified Collision Centers of the Year
Collision repair facilities in Alabama, Florida and Pennsylvania honored. For the 20th consecutive year, Toyota Motor North America, Inc. (TMNA), has awarded exceptional collision repair centers as Toyota Certified Collision Centers (TCCC) of the Year. This national award is based on a 12-month evaluation of collision center sales growth, exceeding employee training, facility and equipment […]
California Governor Proposes $11 Billion Relief Package for Californians Facing Higher Gas Prices
California Governor Gavin Newsom unveiled the details of his proposal to deliver $11 billion in relief to Californians facing record-high gas prices. The Governor’s proposal calls for $9 billion in tax refunds to Californians in the form of $400 direct payments per vehicle, capped at two vehicles. This package also provides $2 billion in broader […]
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