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Small Business Optimism Up in July

August 13, 2024 By CollisionWeek Editor

Inflation continues to plague small businesses. The National Federation of Independent Business (NFIB) Small Business Optimism Index rose 2.2 points in July to 93.7, the highest reading since February 2022. However, this is the 31st consecutive month below the 50-year average of 98. Inflation remains the top issue among small business owners, with 25% reporting […]

Filed Under: News Tagged With: National Federation of Independent Business, Small Business Optimism, Small Business Optimism Index

Auto Insurance Shopping Continued to Rise in Q2 2024

August 13, 2024 By CollisionWeek Editor

TransUnion reports shopping increased versus 2023 even as rates stabilized. Auto insurance shopping volume set a new record for the second consecutive quarter, according to new research from TransUnion (NYSE: TRU). The number of U.S. consumers shopping for auto insurance was up 7.4%, compared to Q2 2023 (YoY). This trend has been driven in recent […]

Filed Under: News Tagged With: Auto Insurance, TransUnion

Collision Industry History Book Re-Issued

August 13, 2024 By CollisionWeek Editor

Industry veteran, and now-retired representative for American Honda Motor Company, Gary Ledoux, announced that his book, YesterWreck: The History of the Collision Repair Industry in America, covering the earliest days of the automotive industry up to 2015, has been re-issued in paperback and eBook (Kindle) version. The book was originally launched in July 2018 and […]

Filed Under: News Tagged With: Yesterwreck

Two Collision Repair Students Awarded Michael Busch Memorial Scholarships

August 12, 2024 By CollisionWeek Editor

Scholarships were created in memory of the son of a former collision repair shop owner and ASE board member, Jim Busch. Jose Santos-Medrano and Dayne Van Dyke have been awarded the Michael Busch Memorial Scholarships for the 2024-25 school year. Presented by the ASE Education Foundation, the two honorees received the scholarships in recognition of […]

Filed Under: News Tagged With: ASE Education Foundation, Scholarships

Classic Collision Acquires 10th Repair Facility in North Carolina

August 12, 2024 By CollisionWeek Editor

Classic Collision, LLC announced on August 8 the acquisition of Ultimate Auto Body in Raleigh, N.C. Ultimate Auto Body started servicing the Raleigh area in 2003. “Our commitment to excellence is evident in every aspect of the business, from the beginning to the end of our repair process. We hand-selected Classic Collision to be the […]

Filed Under: News Tagged With: Acquisitions, Classic Collision, North Carolina

Fix Auto UK Announces HR Service for Franchise Partners

August 12, 2024 By CollisionWeek Editor

Fix Auto UK has launched a partnership that will ensure each Franchise Partner has, what the network believes, to be an industry-leading Human Resources support service. The network has bought into the services provided by Connor, a leading provider of HR support. The strategic collaboration ensures every franchisee has access to an unrivalled professional assistance […]

Filed Under: News Tagged With: Agreements Signed, Fix Auto UK, Human Resources, United Kingdom

California Insurance Commissioner Lara Moves to Implement New Insurance Rate Review Process

August 12, 2024 By CollisionWeek Editor

Consumer group raises concern over new process. California Insurance Commissioner Lara on August 8 issued a Bulletin implementing rate review reforms aimed at stabilizing the state’s insurance marketplace. This accomplishes reforms that were included in budget trailer language that Governor Newsom introduced in May, and which were first proposed by Commissioner Lara last year as […]

Filed Under: News Tagged With: California, Consumer Watchdog, Governor, Insurance Bulletin, Insurance Commissioner, Premiums

International Energy Agency Reports Global EV Sales Expected to Reach 17 Million in 2024

August 9, 2024 By CollisionWeek Editor

U.S. EV market share could reach one-in-nine new vehicles sold in 2024 and one-in-five by 2030. According to the International Energy Agency (IEA) despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, and almost 1 in […]

Filed Under: News Tagged With: Electric Vehicles, International Energy Agency, New Vehicle Sales

CSN Collision Celebrates 400th Collision Center in Network with New Hawaii Location

August 9, 2024 By CollisionWeek Editor

CSN Collision announced it reached a milestone by signing up its 400th body shop to its network, Unibody Autotech Collision, located in Honolulu, Hawaii. Since its inception in 2002, CSN Collision has been committed to helping independent body shops improve their operations by providing expert-level support encompassing negotiations on insurer partnerships, vendor relations, business performance […]

Filed Under: News Tagged With: CSN Collision, Hawaii, Network Affiliations

Meyer Distributing Opens New Location in Abbotsford, British Columbia

August 9, 2024 By CollisionWeek Editor

Meyer Distributing has opened a new Canadian location in Abbotsford, British Columbia, Canada The cross-dock will have a direct feed from Meyer’s Hermiston, Oregon, distribution hub, which houses an inventory of crash and collision, 4×4 and off-road, RV and trailer parts and products. “The Abbotsford, British Columbia, dock is an exciting expansion for Meyer,” said […]

Filed Under: News Tagged With: British Columbia, Canada, Meyer Distributing, Openings

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