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, […]
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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 […]
10 Vehicle Manufacturers Reach Automatic Emergency Braking Commitment Ahead of Schedule
Ten automakers have fulfilled a voluntary commitment to equip nearly all the new light vehicles they produce for the U.S. market with automatic emergency braking (AEB) — well ahead of the 2022-23 target. The 10 manufacturers put the technology on more than 95 percent of the vehicles they produced between Sept. 1, 2019, and Aug. […]
Interview: Yaron Saghiv, UVeye
Vehicle inspection system startup mixes the latest digital scanning technology and artificial intelligence to analyze vehicle images to identify damage. The growth in the acceptance of photo estimating got a boost during the pandemic as insurers, collision repairers and customers sought to minimize interaction during the claim process. UVeye believes its technology, that combines high-resolution […]
Nationwide Creates Enterprise Innovation and Digital Organization
Nationwide announced it is making some organizational adjustments to enable the company to further enhance and accelerate its focus on innovation with an emphasis on digital interactions. Chetan Kandhari, Chief Digital Officer, will lead a new Enterprise Innovation and Digital organization, aligning all of Nationwide’s innovation and digital teams into one and accelerating delivery of […]
Four Vehicle Manufacturers Meet Automatic Emergency Braking Commitment Ahead of 2022 Target
Four vehicle manufacturers equipped virtually all the light vehicles they produced for the U.S. market between Sept. 1, 2018, and Aug. 31, 2019, with automatic emergency braking (AEB), three years ahead of a 2022 target. Audi and Volvo joined Mercedes-Benz and Tesla, which hit the target last year, in outfitting all their light passenger vehicles […]
IIHS to Livestream Crash Test Tomorrow
The next in a series of side-impact research crash tests by the Insurance Institute for Highway Safety (IIHS) will be streamed live on Facebook this Thursday, Nov. 21. To watch, visit the IIHS Facebook page at 11:25 a.m. (EST) on Thursday. The test, involving a movable barrier striking the side of a 2018 Toyota Camry, […]
National Auto Body Council Recycled Rides Presents Refurbished Vehicles to Six Las Vegas Recipients
Six deserving Las Vegas residents received gifts of refurbished vehicles to help them take care of their families, get to work, manage medical appointments and gain their much-desired independence on Wednesday, November 6 during the SEMA show. The National Auto Body Council (NABC) Recycled Rides program joined forces with insurance carriers State Farm, Allstate, GEICO […]
NABC Partners Donate Four Vehicles to Veterans During New Jersey Event
The National Auto Body Council’s Recycled Rides program joined insurance partners and collision repair companies to donate vehicles. Four deserving New Jersey area veterans were presented with vehicles that provide them independence and the ability to work and take care of their families thanks to the National Auto Body Council (NABC) Recycled Rides program along […]
Fix Auto Canada Adds Collision Repair Center to Network in New Brunswick
Fix Auto Canada announced that Fix Auto Bathurst located in Bathurst, New Brunswick has joined its network. The collision repair center is a part of the Hatheway organization, which also includes Ford, Nissan and Toyota dealerships. “Providing our customers with the best possible service has always been our number one priority,” said David Hatheway, President […]