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AASP-MN Announces 23rd Annual Race for Automotive Education February 24-27

December 3, 2024 By CollisionWeek Editor

The Alliance of Automotive Service Providers on Minnesota (AASP-MN) announced the 23rd Annual Race for Automotive Education is planned for February 24-27 at ProKart Indoor Racing, Burnsville, Minn.  The event serves as the Alliance’s primary fundraiser for its Automotive Education Fund, which provides financial resources to support automotive students, enhance automotive programs, and raise awareness […]

Filed Under: News Tagged With: AASP-MN, Fundraiser, Minnesota, Scholarships, Workforce Development

Nearly 80 Million Americans Expected to Travel over Thanksgiving

November 26, 2024 By CollisionWeek Editor

This year’s extended AAA holiday forecast exceeds pre-pandemic numbers, sets new record. AAA projects 79.9 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period. For the first time, AAA’s forecast includes the Tuesday before and the Monday after Thanksgiving Day to better capture the flow of holiday travelers. […]

Filed Under: News Tagged With: AAA, Holiday Travel

U.S. Light Vehicle Sales Projected Up 6% in November Compared to Last Year

November 26, 2024 By CollisionWeek Editor

On an unadjusted volume level, S&P Global Mobility projects November U.S. light vehicle sales to reach 1.31 million units, growth of 6% from the year ago level. This would translate to a seasonally adjusted rate (SAAR) of 15.9 million units, on trend with the 16.0 million unit mark realized in October. “Retail sales are showing […]

Filed Under: News Tagged With: Electric Vehicles, New Vehicle Sales, S&P Global Mobility

General Motors Insurance Expands to Three New States

November 26, 2024 By CollisionWeek Editor

General Motors Insurance announced it expanded to three new states including Alabama, Iowa, and Tennessee. The expansion brings the total number of states where its auto insurance is available to 11. In addition to the three new states, currently General Motors Insurance is available in Arizona, Georgia, Illinois, Indiana, Missouri, Ohio, Pennsylvania and Texas. In […]

Filed Under: News Tagged With: Alabama, General Motors, GM Insurance, Iowa, Tennessee

November 21 AASP/NJ Meeting Featured Mike Anderson

November 26, 2024 By CollisionWeek Editor

Mike Anderson of Collision Advice shared his insight and expertise with the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) community during a full-day workshop on November 21 at the Courtyard Lincroft in Red Bank, N.J. He and his crew of industry professionals demonstrated how “Obstacles are Opportunities in Work Clothes.” “Lots of sales […]

Filed Under: News Tagged With: AASP/NJ, New Jersey

New York State Secures $11.3 Million from Auto Insurance Companies Over Data Breaches 

November 26, 2024 By CollisionWeek Editor

New York Attorney General Letitia James and New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris today secured $11.3 million in penalties from two auto insurance companies, the Government Employees Insurance Company (GEICO) and The Travelers Indemnity Company (Travelers), for having poor data security which led to the personal information of more […]

Filed Under: News Tagged With: Attorney General, Data-Breach, GEICO, Lawsuits, New York State, Travelers

Consumer Sentiment Up in November

November 25, 2024 By CollisionWeek Editor

Sentiment was up for the fourth consecutive month. Consumer sentiment inched up 1.3 index points in November compared to the previous month according to the University of Michigan’s Survey of Consumers. In November, sentiment extended a stretch of consecutive incremental increases to a fourth month. The Consumer Sentiment Index rose to 71.8 in the November […]

Filed Under: News Tagged With: Consumer Sentiment, University of Michigan

Classic Collision Acquires Second Repair Facility in Newport News

November 25, 2024 By CollisionWeek Editor

Classic Collision, LLC announced the acquisition of Bowditch Collision Center, located on J. Clyde Morris Blvd in Newport News, Va. “Their reputation for quality, integrity, and commitment to both teammates and customers aligns perfectly with the values we’ve built our business on. We couldn’t be more excited to join forces with Classic Collision,” stated Casey […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, Virginia

Wesco Group Acquires 360 Paint Supply

November 25, 2024 By CollisionWeek Editor

The Wesco Group, the paint, body and equipment distributor in the U.S. and Canada, announced that 360 Paint Supply has joined the Wesco Team. 360 Paint Supply started out as a reconditioning supply store and then moved to also selling paint and body shop supplies. In 2019, they moved their Arlington, Texas store to the […]

Filed Under: News Tagged With: Acquisitions, PBE Distributor, Texas, Wesco

A.M. Best Reports U.S. Personal Auto Results Show Significant Improvement

November 25, 2024 By CollisionWeek Editor

Underwriting results in the U.S. private passenger auto insurance segment has shown further stabilization in first-half 2024 following improvements in 2023, according to a new AM Best report. Due to the improved segment performance and other factors, AM Best has revised its outlook on the personal auto segment to stable from negative. According to the […]

Filed Under: News Tagged With: A.M. Best, Combined Ratio

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