Manheim Used Vehicle Value Index shows seasonal decline despite strong demand. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is also a decrease of 0.2% from a year ago and also lower than the […]
Classic Collision Acquires Repair Facility in Washington State
Classic Collision, LLC announced the acquisition of Renton Collision Center in Renton, Wash. The family-owned and operated repair facility has served the Northwest for over two decades. With the acquisition, Classic operates 325 collision repair centers nationwide.
Axalta Receives Two Edison Awards
Axalta Irus Scan and MyColor recognized among most innovative new products in the world. Axalta Coating Systems (NYSE: AXTA) announced that it has won two 2025 Edison Awards. Axalta Irus Scan won Silver in the Automotive Materials category and Axalta’s MyColor won Bronze in the Automotive Materials category. This is the seventh consecutive year that […]
AASP/NJ Celebrates Winners of Third Annual NORTHEAST Bodywork Bowl
AASP/NJ’s NORTHEAST 2025 Automotive Services Show featured the best of the best at its Bodywork Bowl Collision Repair Skills Competition – a highlight on the show floor for the third consecutive year. The third iteration of the fun and friendly competition once again drew crowds of spectators to watch as collision repair professionals jumped into […]
Erie Insurance Survey Says 14% of Americans Have Fallen Asleep While Driving
Sleep deprived drivers are turning America’s roadways into danger zones with potentially costly consequences. A new survey sponsored by Erie Insurance found that 14% of Americans have admitted to falling asleep at the wheel, a recipe for solo crashes and multi-vehicle collisions. This alarming statistic is magnified by ERIE data that indicates a steady increase […]
UK’s Steer Automotive Acquires Two Collision Repair Centers
The Steer Automotive Group, the UK-based multiple collision repair shop operator, announced the acquisition of React Accident Repair Group Limited, which operates two sites under The Paint & Bodyshop Hull and React Accident Repair Scunthorpe in eastern England. This acquisition supports the group strategy to strengthen its presence across the East Riding of Yorkshire and […]
Insurance Association Says Legislation Repealing Florida’s No Fault Auto Insurance System Raises Costs and Hinder State’s Insurance Market Recovery
The American Property Casualty Insurance Association (APCIA) raised concerns over the passage of Florida House Bill 1181 (HB 1181) out of the Florida House Insurance & Banking Subcommittee that would reform no-fault insurance and increase minimum coverage limits. “Efforts to repeal Florida’s no-fault auto insurance system could result in higher auto insurance costs and increased […]
NADA and SEMA Commend Introduction of Congressional Resolution to Revoke California EV Mandate
The National Automobile Dealers Association (NADA) is applauding the introduction by Rep. John Joyce (R-Pa.) of H.J.Res. 88, a Congressional Review Act (CRA) joint resolution to revoke California’s waiver for its Advanced Clean Cars II (ACC II) rule, which would ban the sale of gas-powered and hybrid vehicles. “Allowing the California Zero Emission Vehicle mandate […]
Auto Care Association to Host Tariffs, Trade Update Webinar April 9
The Auto Care Association will host a live webinar, Tariffs and Trade Update, on April 9, 2025, from 2-3 p.m. (EDT) to provide auto care industry professionals with the latest insights on trade developments and tariffs. The webinar will feature Nicole Bivens Collinson, managing principal, operating committee member, and international trade and government relations practice […]
New Light-Vehicle Sales Surge in March
Consumers seeking to beat tariff driven price increases push sales rate to highest level in nearly four years. According to the latest National Automobile Dealers Association (NADA) Market Beat report, new light-vehicle sales recorded the highest monthly Seasonally Adjusted Annual Rate (SAAR) in nearly four years this March. The SAAR reached 17.8 million units as […]
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