A newly released Focus Advisors report outlines how acquisitions in the collision repair industry are evolving from smaller equity firms that previously faced higher risks, to larger investment firms with deeper pockets. Departing investors held [...]
More than 110 million vehicles in the U.S. are between six and 14 years of age, reflecting nearly 38% of the fleet on the road, and that’s expected to continue growing to an estimated 40% [...]
With auto insurance rates higher than ever and more consumers in the market shopping for policies than ever before, digital channels have become a critical component of the overall auto insurance shopping and service experience, [...]
BMW i Ventures announced Wednesday its investment in Simr, a cloud simulation company that provides a platform for using any compute resources with any simulation tool, according to a press release. The investment enhances the [...]
If you’re measuring the success of your business on gross dollars earned you’re giving yourself a false sense of security, according to Mike Anderson, Collision Advice president and owner. Anderson held a class May 17 [...]
After two years of active encouragement, Ford Motor Co. is suspending its electric vehicle (EV) certification program for dealerships after rolling back requirements late last year, according to The Detroit News. Ford told dealerships in [...]
Earlier this month, the Rhode Island Senate passed a bill that keeps insurers from refusing the use of OEM parts on any vehicle between 48 and 72 months from the date of manufacture. S2440 requires [...]
A lawsuit has been filed against a rental company, auto auction company, used car retailer, manufacturer, and body shop in the death of a Florida woman. The complaint, filed in Broward County Seventeenth Judicial Circuit [...]
Nearly 40 emergency first responders recently received newer model vehicle extraction training from the National Auto Body Council, and the group plans to continue offering the training on electric vehicles (EVs) as often as possible. [...]
A recently published patent by Ford could revolutionize the way bed rails are used with the press of a button, adding potential complexity to the bedside. The “Extendable Rail Assembly for Cargo Bed of a [...]
