New EV series expected to go on sale in 2027 starting in North America. General Motors (NYSE: GM) and Honda today announced plans to expand the two companies’ relationship to a new chapter by codeveloping a series of affordable electric vehicles (EVs) based on a new global architecture using next-generation Ultium battery technology. The companies […]
Classic Collision Acquires Two Collision Repair Centers in Minnesota
Classic Collision, LLC announced the acquisition of Crystal Lake Automotive in Burnsville and Lakeville Minnesota. Classic Collision now operates a total of 176 repair centers in Alabama, Alaska, Arizona, California, Colorado, Florida, Georgia, Minnesota, Nevada, North Carolina, Oregon, South Carolina, Texas, and Washington. Crystal Lake Automotive was established in 1986. In the 1990s, the company […]
Crash Champions Enters Portland, Oregon Market with Acquisition
Crash Champions, LLC announced that it has entered the Portland, Ore. market through the acquisition of two Artistic Auto Body locations comprising over 75,000 sq. ft, located at 7585 SW Hunziker St. in Tigard, and 27975 SW Parkway Ave. in Wilsonville. “I am thrilled that Artistic Auto Body is joining the Crash Champions family and […]
I-CAR Announces Accreditation by the International Accreditors for Continuing Education and Training
The Inter-Industry Conference on Auto Collision Repair(I-CAR) announced that it has been awarded accreditation by the International Accreditors for Continuing Education and Training (IACET). I-CAR is now the first organization within the collision repair industry to achieve this accreditation. “I-CAR’s IACET accreditation is another symbol of our commitment to top-quality industry technical education and the […]
PartsTrader Launches SurePart Instant Parts Pricing Platform
PartsTrader today launched SurePart, their new instant parts pricing platform. “SurePart’s a real game changer. Inaccurate initial estimates have been a significant cost to the industry” SurePart allows appraisers to write more accurate estimates by providing instant market pricing and leveraging industry-leading filtering to remove invalid parts. The result is a more accurate estimate […]
U.S. Light Vehicle Sales Declined 22% in March Compared to Last Year
First quarter ends with 3.3 million units sold. LMC Automotive cuts annual forecast to 15.3 million in U.S. With inventories still at critically low levels, a strong 2021 base also contributed to a steep decline in Light Vehicle sales last month. March was the strongest month in 2021. US volumes fell by 22% from a […]
AAA Says Plan to Tap Strategic Petroleum Reserve Takes Pressure Off Gasoline Prices
President Biden’s announcement to release one million barrels of oil per day for six months (180 million barrels) from the Strategic Petroleum Reserve (SPR) helped send the global oil price tumbling to near $100 bbl. The release is intended to stem rising energy prices. The national average for a gallon of gas has fallen to […]
PPG Delivers 1,000th MoonWalk Automotive Refinish Mixing System
PPG (NYSE:PPG) announced that it has completed the 1,000th installation of its PPG MoonWalk automated refinish paint mixing system. The installation at Group Perez Rumbao’s facility in Vigo, Spain, was celebrated at a special event attended by representatives of both companies. The PPG MoonWalk system saves labor, reduces waste and transforms the refinish mixing room […]
Amica Mutual Insurance CEO DiMuccio to Retire at End of 2022
Amica Mutual Insurance Company’s Board of Directors announced that Robert A. “Bob” DiMuccio, Chairman, President and Chief Executive Officer, plans to retire at the end of 2022, following 31 years of distinguished service to the Company, including 17 as CEO. Amica is the 23rd largest private passenger auto insurer in the U.S. With the benefit […]
US Department of Transportation Sets 49 MPG Fuel Economy Standard for 2026 MY Vehicles
The U.S. Department of Transportation’s National Highway Traffic Safety Administration announced new, Corporate Average Fuel Economy standards that require an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in model year 2026, the highest fuel efficiency standards to date. The new standards will increase fuel efficiency 8% annually for model […]
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