Pent up demand buoys sales. Spending on new vehicles projected to set Q1 record. Total new-vehicle sales for March 2023, including retail and non-retail transactions, are projected to reach 1,330,700 units, a 6.2% increase from March 2022, according to a joint forecast from J.D. Power and LMC Automotive. March 2023 has the same number of […]
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IIHS Reports Three More Vehicle Manufacturers Fulfill Pledge to Make Autobrake Systems Nearly Universal
A 2016 voluntary agreement between IIHS, NHTSA and 20 manufacturers targeted current model year to equip 95% of their vehicles with AEB systems. Three more automakers have fulfilled a voluntary pledge to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking (AEB), according to the Insurance Institute for […]
IIHS Finds Few Vehicles Excel in New Nighttime Pedestrian Autobrake Test
More than half of the 23 vehicles tested earned basic score or no credit in test. The Insurance Institute for Highway Safety is introducing a nighttime test of pedestrian automatic emergency braking (AEB) systems to address the high percentage of pedestrian crashes that occur on dark roads. Four of the first 23 midsize cars, midsize […]
J.D. Power ChromeData and Ford Partner to Expand Build Data Coverage
J.D. Power ChromeData, the provider of vehicle data and software solutions, announced an agreement with Ford Motor Company to utilize Ford, Lincoln and Mercury build data to further enhance the ChromeData Vehicle Description Services. “Ford’s initiative to utilize its build data to help dealers, lenders and other industry partners will bring more clarity in understanding […]
NICB Reports Chevrolet and Ford Full Size Pick-Ups Most Stolen Vehicles For Second Year in a Row
U.S. full size pick-ups accounted for 14% of vehicles reported stolen in 2021. For the second year in a row, Chevrolet and Ford full size pick-ups took the top two spots in the National Insurance Crime Bureau’s (NICB) annual Hot Wheels vehicle theft report, and the GMC full size pick-up made the top 10 list. […]
IIHS and HLDI Call on Regulators to Require Pedestrian AEB that Works in the Dark
The Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute (HLDI) this month petitioned federal regulators to require manufacturers to equip all new passenger vehicles with automatic emergency braking (AEB) systems capable of detecting and avoiding pedestrians in the dark as well as in daylight. Both a HLDI analysis of insurance claims […]
48 Technicians Honored at ASE Annual Meeting
Forty-eight automotive professionals were recognized on November 18, at the Fall Board of Governors meeting of the National Institute for Automotive Service Excellence (ASE) held at the Scottsdale Resort and Spa in Scottsdale, Ariz. The annual awards banquet spotlights top scorers on the ASE Certification Tests. Forty-one companies from both OEM and Aftermarket segments sponsored […]
U.S. Auto Sales Fall in September to Lowest Level for the Year
Vehicle supply crisis brings the recovery in auto sales from the pandemic to a halt. Greatly depleted inventories dragged down U.S. vehicle sales to their lowest level for the month of September since 2010, according to LMC Automotive, the independent automotive global forecasting and market intelligence company. Automakers sold just under 1 million Light Vehicles […]
UVeye Secures $60 Million in New Investments
CarMax, W.R. Berkley Corporation and F.I.T. Ventures among UVeye’s Series C Investors. UVeye, a supplier of high-speed vehicle inspection systems for the auto industry, has obtained $60 million in additional funding to support its global expansion plans. CarMax, W.R. Berkley Corporation and F.I.T. Ventures are among the participants in UVeye’s Series C funding round. CarMax, […]
Interview: Susanna Gotsch, CCC Information Services
In our video interview, Gotsch details November and December claims trends and projections for 2021. While the collision industry was beginning to recover from the government mandated business shutdowns and stay-at-home orders that decimated traffic volume in the spring, the resurgence of the coronavirus in the fall and winter months is causing concern the recovery […]