The Automotive Service Association of Florida Board of Directors announced that they will leave ASA and become the Florida Auto Care Alliance. ASA Florida will become the seventh affiliate to leave the Automotive Service Association after ASA dissolved affiliation agreements with their state and regional affiliates across the country. ASA Florida will join forces with […]
Happy Holidays from CollisionWeek
Happy Holidays from the CollisionWeek staff. We wish you and your family a safe and happy holiday season. We would like to thank you for your support in 2021. While we will keep an eye out for breaking news during the holiday period, daily news coverage, including emails, will resume on January 3, 2022.
Tesla Expands Auto Insurance Offering to Illinois
In an update on its website, Tesla announced the availability of its insurance product in Illinois, the third state for the vehicle manufacturer. The vehicle manufacturer launched its auto insurance product in California in 2019 and later expanded to Texas. According to the Tesla website, ” Tesla Insurance is a competitively priced insurance product, offering […]
More than 100 Million Americans Plan Road Trip for the Holidays
Americans who had to cancel getaways and get-togethers last year because of the pandemic are making up for lost time this holiday season. More than 109 million people — an almost 34% increase from 2020 — will travel 50 miles or more as they hit the road, board airplanes or take other transportation out of […]
Edmunds Forecasts 15.2 Million New Vehicles Sales in 2022, Up on Pent Up Demand
Edmunds analysts say that the automotive industry faces yet another challenging year marked by inventory shortages amid strong consumer demand, forecasting that 15.2 million new cars will be sold in 2022. Edmunds analysts note that this would represent a 1.2% increase from their estimate of 15 million new vehicle sales in 2021. “2021 marked an […]
DOE and DOT Launch Joint Effort to Build Out Nationwide Electric Vehicle Charging Network
U.S. Secretary of Energy Jennifer M. Granholm and U.S. Secretary of Transportation Pete Buttigieg signed a memorandum of understanding to create a Joint Office of Energy and Transportation to support the deployment of $7.5 billion from the President’s Bipartisan Infrastructure Law to build out a national electric vehicle charging network that can build public confidence, […]
National Association of Mutual Insurance Companies Details Factors Driving Higher Auto Insurance Costs
Cites factors such as driving behavior, modern vehicle costs outside insurance industry’s control. Says repair complexity means days of the “shade tree mechanic” and collision repair facility that can fix anything are waning. The National Association of Mutual Insurance Companies (NAMIC) on December 14 released its analysis Cost Drivers: How Riskier Roads, Rising Repairs, and […]
Boyd Group Has Acquired 7 Collision Repair Centers Since Reporting Quarterly Results
MSO clarifies it is no longer reporting individual acquisitions as they occur, remains committed to goal of doubling 2019 revenues by 2025. The Boyd Group issued a press release today clarifying that it is no longer announcing acquisitions as they occur and that they have continued to acquire facilities during the current quarter. According to […]
Electude Partnership with Lincoln Tech Includes CCAR’s eSafety Online Learning Modules
Electude, a global innovator in automotive technology education, has joined forces with Lincoln Educational Services Corporation (NASDAQ:LINC), one of America’s leading career college organizations, which will integrate Electude’s learning platform into Lincoln Tech’s automotive technology program starting February 2022. That partnership includes the suite of online eSafety learning modules created by the Coordinating Committee For […]
Alliance for Automotive Innovation Reports 11 States and District of Columbia See New EV Registrations Above 5 Percent
Light trucks make up 60% of the ZEV market. The Alliance for Automotive Innovation released the latest Get Connected Electric Vehicle Quarterly Report, providing an overview of zero emission vehicle (ZEV) sales for the third quarter (Q3) of 2021 along with purchasing trends by state and vehicle segment. “This report highlights the growth we have […]
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