According to ADESA report July prices were down versus the previous month, but up over the previous year. According to the ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale prices in July were down month-over-month and only up on a year-over-year basis largely on the strength of pickup truck prices. Drilling […]
CARSTAR Adds Collision Repair Center to Network on Long Island
CARSTAR Auto Body Repair Experts announced the opening of its first two locations to serve New York metropolitan area drivers. On Long Island, CARSTAR Celebrity Chase is located at 191 Earle Ave., Lynbrook, N.Y. The owner is Mike Manning and his son, Mike Manning, Jr. Manning is also opening a satellite location at 476 Merrick […]
Capital S.M.A.R.T Acquires Honda New Zealand Collision Repair Center
Capital S.M.A.R.T announced that it has acquired the East Auckland Body and Paint facility from Honda New Zealand. Capital S.M.A.R.T Founder and Group Operations Director Jim Vais said it was a significant opportunity for the company as it marked the beginning of a new customer stream, working with car manufacturers. “This is another major milestone […]
Five People Sentenced in UK for Leaking Auto Insurance Customer Data
Five people who made £7,000 ($9017) from leaking more than 700 pieces of confidential data have been sentenced for bribery offences. An investigation by detectives from the City of London Police’s Insurance Fraud Enforcement Department (IFED) found that three Allianz Insurance employees had been individually approached and told they could be paid to leak confidential […]
Audi Announces Partnership to Develop Solar Vehicle Roof
Car manufacturer cooperates with Hanergy. Prototype planned by end of this year. Audi and Alta Devices, a subsidiary of the Chinese solar-cell specialist, Hanergy, are working together to development a solar vehicle roof using thin-film solar cells. The aim of the partnership is to generate solar energy to increase the range of electric vehicles. The […]
Australia’s Capital S.M.A.R.T Launces Collision Repair Apprentice Program
Capital S.M.A.R.T, the Australia-based multiple collision repair facility operator with more than 40 locations in Australia and New Zealand, announced it launched its first dedicated apprentice training site. S.M.A.R.T has created an accelerated program in partnership with PPG and Kangan Automotive Centre of Excellence which will enable its apprentices to develop their skills quickly by […]
Assured Performance Announces Agreement with VECO Experts
The Assured Performance Network announced that they have entered into a new business services agreement with Vehicle Collision Experts, LLC (VECO Experts) that designates the firm as a preferred provider of optional in-shop repair quality support services. VECO Experts provides services such as technical training lessons for shop personnel, distribution of monthly quality and equipment […]
Vantage Point – The Digital Intersection: Driving Collision Repair Into the 21st Century
by Sib Bahjat, COO, Overall Parts Solutions As large and small businesses race to embrace cloud computing, big data and digital platforms, the collision repair industry sits at a crossroads. Approximately half of the sector’s repair shops and parts suppliers use digital systems to speed up delivery, coordinate repairs, manage the flow of data and […]
August New Vehicle Retail Sales Pace Dips to Lowest Level So Far in 2017
J.D. Power and LMC Automotive forecast retail sales pace to fall by nearly 350,000 units, despite elevated incentive levels. The new vehicle retail sales pace in August is expected to decline for the fifth time this year, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) […]
Asbury Automotive Group Announces CEO Succession Plan
The Board of Directors of Asbury Automotive Group, Inc. (NYSE:ABG) announced that Executive Vice President and Chief Operating Officer David W. Hult will succeed Craig T. Monaghan as the Company’s President and Chief Executive Officer effective January 1, 2018. Asbury currently operates 80 dealerships, consisting of 96 franchises, representing 29 domestic and foreign brands of […]
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