Consumer sentiment rose for the fifth consecutive month, reaching its highest reading since April 2024. The University of Michigan Consumer Sentiment Index continued to increase in December as consumer opinions on current conditions and expectations on the future of the economy improved. The Consumer Sentiment Index rose to 74.0 in the December 2024 survey, up […]
Crash Champions Acquires Collision Repair Centers in Florida and Montana
Crash Champions announced in December the addition of two new collision repair locations in Florida and Montana The multiple shop operator acquired South Motors Collision in Miami, Fla. and Big Sky Collision Center in Bozeman, Mont. The pair began operating as Crash Champions effective December 16. “This is another proud step in the ongoing Crash […]
Colours Acquires Auto Body Specialties
Colours Inc. announced the acquisition of Auto Body Specialties (ABS) with locations in Mankato, Minn. and Mitchell, Rapid City, Sioux Falls, Watertown, S.D. ABS was founded in 1950 by Harley and Sallie Roddel. With a commitment to providing quality service and products, they continued to expand from the original store to five locations. In 1980, […]
Root Insurance Expands Auto Insurance to Minnesota
Root, Inc. (NASDAQ: ROOT) announced the availability of Root Insurance in Minnesota. The insurer now serves drivers in 35 states, extending its auto insurance product availability to over 4 million registered drivers in Minnesota and covering more than 77% of the U.S. population. “We’re excited to bring an easy, technology-driven, car insurance option to Minnesota, […]
Auto Care Association January 9 Webinar Examines Incoming Trump Administration Trade and Tariffs
The Auto Care Association will host a webinar January 9 from 1-2 p.m. (EST) addressing trade and tariffs in the upcoming Trump administration. The webinar provide an in-depth analysis of the Trump administration’s approach to reshaping global trade dynamics, including its use of tariffs to address trade imbalances, to protect domestic industries, and to challenge […]
Ken Worzel Elected Non-Executive Chair of State Farm Board of Directors
The Board of Directors of the State Farm Mutual Automobile Insurance Company has elected Kenneth J. Worzel to serve as Non-Executive Chair of the Board. Worzel will work closely with President and CEO Jon Farney, who runs the business operations of the company and is a member of the Board. “I look forward to continuing […]
Sentry Completes Acquisition of The General from American Family Insurance
Acquisition strengthens Sentry Insurance position in non-standard auto insurance market. Sentry Insurance, one of the nation’s top mutual insurance companies, yesterday announced the completion of its acquisition of The General , a leading provider of non-standard auto (NSA) insurance, from American Family Insurance. The $1.7 billion transaction, first announced in September, represents the largest acquisition […]
Joe Hudson’s Collision Center Marks 250th Location Milestone with Maryland Acquisition
Also announces two greenfield locations in Georgia. Joe Hudson’s Collision Center (JHCC) announced the acquisition of its 250th location. The consolidator acquired Cliff’s Hi-Tech Body Shop in Essex, Md, in December. Alongside this landmark acquisition, JHCC is also expanding its footprint with the opening of two new greenfield locations in Georgia. Brant Wilson, CEO of […]
Wesco Acquires Colortone Automotive Paints
Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced the acquisition of Los Angeles, Calif.-based Colortone Automotive Paints. Colortone Automotive Paints has been servicing the greater LA market since 1933. Stan Reshes became the third owner in 1979, who over time brought in his three sons into the business. Now […]
AASP/NJ Recognizes DJ’s Restoration as 2024 Body Shop of the Year
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) recognized longtime member shop, DJ’s Restoration of Ewing, N.J., with the Stan Wilson/New Jersey Automotive Body Shop of the Year Award during their recent Annual Meeting. Every year, the association acknowledges the value that individual members contribute to the association and the industry at-large by […]
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