The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced that they will be extending their NORTHEAST 2020 Virtual Trade Show through Labor Day weekend. Live meetings with exhibitors will no longer be available; company product info & contact details will remain through September 7. The show, originally scheduled in its traditional in-person format […]
U.S. Property/Casualty Industry’s Underwriting, Net Income Drops in First-Half 2020
A.M. Best says COVID-19 related underwriting expenses and dividends will impact industry profitability. Underwriting income for the U.S. property/casualty (P/C) industry fell by 5.5% in the first half of 2020, compared with first-half 2019, on increases in underwriting expenses and policyholder dividends, largely stemming from COVID-19-related factors. This AM Best financial review is detailed in […]
California Color Source Hosts ADAS Webinar September 16
California Color Source, an independent PBE distributor servicing Northern California, announced it is hosting a client webinar on September 16th discussing advanced driver assistance system (ADAS) equipped vehicle repair and testing requirements. Frank Terlep from Auto Techcelerators, LLC will be conducting the webinar touching on the following topics: The State of ADAS The Different ADAS […]
ASE Offers August 28 Webinar on Tire Pressure Monitoring System Diagnosis and Servicing
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians on Friday, Aug. 28 at 4:00 p.m. ET entitled Tire Pressure Monitoring System (TPMS) Diagnosis and Servicing. During this session, industry expert David Spinney from Snap-on Inc. will review current diagnosis, testing capabilities and service of the Tire Pressure […]
Bosch and Pony.ai Collaborate on Autonomous Vehicle Fleet Management
Self-driving startup Pony.ai announced an agreement with Bosch, a global supplier of technology and services, today to explore the future of automotive maintenance and repair for autonomous fleets. One of many opportunities in the autonomous driving space is the continuous operation of a fleet, and the reduction of downtime. Pony.ai and Bosch’s Automotive Aftermarket division […]
IAA Names Andrew Albrecht as Chief Information Security Officer
IAA, Inc. (NYSE: IAA) announced the appointment of Andrew Albrecht as Vice President and Chief Information Security Officer. Albrecht will report directly to Maju Abraham, Senior Vice President and Chief Information Officer. “We are pleased to welcome Andrew to the IAA Team,” said Maju Abraham, Senior Vice President & Chief Information Officer of IAA. “Andrew […]
Auto Industry Skids to All-Time Low in Customer Satisfaction
ACSI research shows broad declines across brands compared to last year. The U.S. automobile industry, like the economy at large, couldn’t escape the crosshairs of the COVID-19 global pandemic. But that’s not the only hurdle the industry has to overcome: New data indicate an ongoing, industrywide customer satisfaction decline. Overall customer satisfaction with automobiles and […]
Asbury Automotive Group Completes Park Place Dealerships Acquisition
Asbury Automotive Group, Inc. (NYSE: ABG) has completed the previously announced acquisition of Park Place Dealerships adding approximately $1.7 billion in annual revenues. The operating assets to be acquired include 12 new vehicle franchises, all of which are located in the Dallas/Fort Worth market: 3 Mercedes-Benz, 3 Sprinter, 2 Lexus, 1 Jaguar, 1 Land Rover, […]
IBISConnect Turkey Virtual Event October 7
The International Bodyshop Industry Symposium (IBIS) announced its brand new IBISConnect Turkey online event will take place as a three-hour live simulcast on Wednesday, October 7 between 10.00 and 13.00 TRT (7:00-10:00 UTC). The event will feature presentations, panel discussions, audience Q&A, breakouts and peer-to-peer networking delivered through the medium of the IBISConnect virtual conference […]
Rakesh Sachdev Named to Axalta Board of Directors
Axalta Coating Systems Ltd. (NYSE: AXTA) announced that Rakesh Sachdev has been appointed to its Board of Directors, effective August 24, 2020. Sachdev will serve on the Company’s Nominating and Corporate Governance Committee and Compensation Committee. “The Axalta Board of Directors always seeks to optimize the balance of expertise, experience and diversity amongst our directors. […]
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