University of Michigan survey indicates tariffs impact confidence as consumer finance expectations weaken. The Consumer Sentiment Index posted its largest monthly decline in August 2019 (-8.6 points) since December 2012 (-9.8 points), according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index was 89.8 in August 2019, well below July’s 98.4 and […]
1Collision Network Announces Collision Repair Shop Benefits and HR Solution
The 1Collision Network announced it has partnered with a national benefits provider to offer a complete HR Management Platform to add to their offerings for affiliated collision repair centers. The web based application includes: National Group Health, Dental & Life Insurance (includes coverage from most major providers in all 50 states) 401K Plan Payroll Solution […]
Collision Repair Education Foundation Partners with Montana Association to Improve State’s Only School Training Program
The Collision Repair Education announced a partnership with the Montana Collision Repair Association (MCRA) to support the state’s lone collision repair training program. Montana State University – Billings in the only school providing pre-employment training in the state. Through the partnership, the MCRA and the Education Foundation will raise funds to provide the school and […]
Red Light Running Deaths Hit 10 Year High
More than two people are killed every day on U.S. roads by impatient and reckless drivers blowing through red lights, according to data analysis performed by the AAA Foundation for Traffic Safety. The most recent crash data available shows 939 people were killed in red light running crashes in 2017 — a 10-year high and […]
Tesla Launches Insurance in California
Vehicle manufacturer says it will expand insurance to other states in the future. In a blog post yesterday, Tesla announced it was introducing Tesla Insurance to owners in California. Elon Musk, the founder of the electric vehicle manufacturer, had announced during an earnings conference call in April that the company was planning to offer an […]
IBIS USA 2020 April 1-2 in Florida
Following this year’s inaugural collision repair event, IBIS USA announced it is returning in April 2020. IBIS USA will move from the West to East coast and take place on April 1-2 at the Sawgrass Marriott Resort and Spa near Jacksonville, Fla. The theme for 2020 is 20:20 Vision. Leveraging IBIS’ global insight and industry […]
J.D. Power Reports Customers Disabling Overbearing ADAS Systems
Some alerts on Advanced Driver Assistance Systems (ADAS) are so annoying or bothersome that many drivers disable the systems and may try to avoid them on future vehicle purchases, according to the J.D. Power 2019 U.S. Tech Experience Index (TXI) Stud. This is a major concern for automakers keen to market these lucrative technologies and […]
Copart Expands Calgary, Alberta Location
Copart, Inc. (NASDAQ:CPRT) announced the expansion of its location in Calgary, Alberta in Western Canada. The location added 20 acres of operational capacity, making it a 38-acre facility. This expansion will accommodate the increased business demands from buyers and sellers in Alberta. “We are extremely pleased with our continued business growth in Alberta,” said Copart […]
Collision Repair Education Foundation Seeking Student of the Year Nominations
The Collision Repair Education Foundation announced it is currently accepting nominations for its Collision Student of the Year award. The deadline to submit nominations is September 27. Launched three years ago, the Collision Student of the Year award seeks to recognize truly outstanding students training for a career in the collision industry. Nominated students must […]
Drew Technologies Acquires BlueLink
On August 23, Drew Technologies, Inc., a part of the IVS division of Opus Group AB (publ), acquired BlueLink Diagnostic Solutions, a vehicle diagnostics provider. Drew Technologies acquired the BlueLink technology and operating assets under an asset purchase agreement for approximately 2.8 million SEK ($288,000). BlueLink’s technology and operations will be integrated into the offerings […]
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