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Insurance Information Institute Projects P/C Insurance Replacement Costs Outpacing CPI in 2025

January 30, 2025 By CollisionWeek Editor

The Insurance Information Institute (Triple-I) expects the pace of increase in average property/casualty insurance replacement costs to exceed increases in the consumer price index in 2025 and beyond as auto replacement costs rise for the first time since 2022 as CPI continues to decline. Triple-I’s replacement cost index for personal and commercial auto tracks changes […]

Filed Under: News Tagged With: consumer price index, Inflation, Insurance Information Institute, Used Vehicle Prices

Car-O-Liner Donates Resistance Spot Welder

January 30, 2025 By CollisionWeek Editor

Car-O-Liner and one of its distributors, Precision for Collision, along with Young Automotive Group in Layton, Utah, have partnered to donate a Car-O-Liner CTR 9 fully automatic resistance spot welder to the automotive program at Ogden High School in Ogden, Utah. “We are thrilled to collaborate with Mike Hasko at Precision for Collision and Chris […]

Filed Under: News Tagged With: Car-O-Liner, Career and Technical Education, Donations, Utah

PPG Recognized as One of World’s Most Admired Companies for 17th Consecutive Year

January 30, 2025 By CollisionWeek Editor

PPG (NYSE:PPG) today announced that it has been recognized by Fortune Magazine on its “World’s Most Admired Companies” list for the 17th year in a row. The list, considered the leading corporate reputation indicator, identifies the largest, best-regarded companies across 51 industries, as voted on by industry peers. PPG ranked #2 in the chemicals industry, […]

Filed Under: News Tagged With: Awards, PPG

CIECA Announces 2025 Board Officers

January 30, 2025 By CollisionWeek Editor

The Collision Industry Electronic Commerce (CIECA) announced that the following 2025 officers were named during the Board of Trustees meeting in Palm Springs, Calif. on January 23. Chair: Brady Bonner, Vice President of Client Sales and Support, Safelite Solutions Vice Chair: Kim DeVallance Caron, Business Development Director, Enterprise Mobility Treasurer: Ken Eagleson, Vice President of […]

Filed Under: News Tagged With: Board of Trustees, Collision Industry Electronic Commerce Association, People

Sean Duffy Sworn In as Secretary of U.S. Department of Transportation

January 29, 2025 By CollisionWeek Editor

First act was to start process to reset fuel economy standards. Sean Duffy was officially sworn in as the 20th Secretary of the United States Department of Transportation (USDOT) January 28. Secretary Duffy was administered the oath of office by U.S. Supreme Court Justice Clarence Thomas at the U.S. Supreme Court and was joined by […]

Filed Under: News Tagged With: Electric Vehicles, NHTSA, Regulations, U.S. DOT

Over $800,000 in Automotive, Collision and Heavy-Duty Scholarships Available

January 29, 2025 By CollisionWeek Editor

The University of the Aftermarket Foundation (UAF) reminds students that March 31 is the deadline to submit applications on its Aftermarket Scholarship Central websites at AutomotiveScholarships.com and HeavyDutyScholarships.com. Over $800,000 in scholarships will be awarded for the 2025-26 academic year to students enrolled in four-year and two-year colleges as well as ASE/NATEF certified automotive, collision […]

Filed Under: News Tagged With: Scholarships, University of the Aftermarket Foundation

UVeye Secures $191 Million in Funding to Meet Demand for AI-Powered Vehicle Inspection Systems

January 29, 2025 By CollisionWeek Editor

Woven Capital joins as strategic partner to accelerate global expansion and install hundreds of systems. UVeye, the global leader in AI-driven vehicle inspection technology, announced today $191 million of funding, bringing total capital raised to date to $380.5 million. This latest infusion, combining equity and debt, will fuel UVeye’s efforts to meet surging global demand […]

Filed Under: News Tagged With: UVeye, Woven Capital

Federated Auto Parts Celebrates 40th Anniversary

January 29, 2025 By CollisionWeek Editor

Federated Auto Parts, established in 1985, is celebrating its 40th anniversary in 2025. Federated Auto Parts was founded by the late Art Fisher, an industry leader and visionary. Joining on Jan. 1, 1985, Fisher Auto Parts and Westwood Auto Parts became the first two Federated members. Three additional WDs became members throughout 1985, Automotive Jobbers […]

Filed Under: News Tagged With: Federated Auto Parts

Caliber Receives 2024 National Auto Body Council President’s Award

January 28, 2025 By CollisionWeek Editor

Award recognizes ongoing support for the NABC and its programs. The National Auto Body Council announced that Caliber was named the 2024 winner of the prestigious NABC President’s Award, which formally recognizes the NABC member company that supports the vision of the National Auto Body Council through donation of their time and resources. The announcement […]

Filed Under: News Tagged With: Awards, Caliber, National Auto Body Council

Penn College Students Train at SATA in Germany

January 28, 2025 By CollisionWeek Editor

Eleven Pennsylvania College of Technology collision repair and restoration students recently received training in Kornwestheim, Germany, offered by SATA GmbH & Co. The training included the company’s new jet X premium spray gun and personal protective equipment. “It was a wonderful experience, providing both valuable technical training and exposure to a different culture,” said instructor […]

Filed Under: News Tagged With: Germany, Pennsylvania College of Technology, SATA

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