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Wednesday, 01 June 2022 14:25

Insurers Too Late for Subrogation in Auto Parts Price-Fixing Case, Court Rules

Written by Jim Sams, Insurance Journal

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Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay a total of $1.2 billion to resolve price-fixing allegations, a panel of the U.S. 6th Circuit Court of Appeal ruled June 1.

Wednesday, 01 June 2022 14:16

U.S. Treasury Secretary Says She Was Wrong About Inflation

Written by Richie Malouf, The Center Square

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U.S. Treasury Secretary Janet Yellen admitted she was wrong and underestimated inflation, which continues to soar.

Wednesday, 01 June 2022 13:55

CIECAST Looks at Unintended Consequences of Data Sharing in Collision Repair

Written by Abby Andrews

 

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CIECA on May 24 hosted its latest CIECAST webinar, “Data Sharing in the Collision Industry and Its Unintended Consequences.”

Wednesday, 01 June 2022 10:02

Automakers Report Drop in May Sales

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Automakers on June 1 began releasing May sales results.

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The National Auto Body Council Body® (NABC) is proud to announce Mitchell, an Enlyte company, has joined the collision repair industry’s premier philanthropic organization as a level one sponsor.

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The California Assembly unanimously passed AB 1951, SEMA-supported legislation that would provide a full sales and use tax exemption for the purchase of manufacturing and research and development (R&D) equipment not exceeding $200 million.

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The National Institute for Automotive Service Excellence (ASE) has designated June as Automotive Service Professionals Month (ASPM).

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EOS Linx, a provider of solar-supported electric vehicle (EV) chargers with data-driven digital advertising displays, has partnered with the Lone Star Business Association Cooperative (LSBAC) to expand its EV charging network at petro-convenience stores across Texas.

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Global Finishing Solutions (GFS) is excited to announce a new partnership program with 1Collision.

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Millions of vehicles in the U.S.---across all makes and models---have unrepaired, recalled airbags. When exposed over time to heat and humidity, these recalled airbags can transform from life-saving devices to life-threatening ones---in a crash, they could rupture and cause injury or death.

Tuesday, 31 May 2022 14:41

Firefighters Put Out Battery Fire Inside Rivian Plant

Written by Andrei Nedelea, InsideEVs

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On the morning of May 28, firefighters from the Normal Fire Department in Normal, IL, responded to a call about an electric vehicle battery fire at the Rivian manufacturing plant in the town.

Tuesday, 31 May 2022 14:28

California Assembly Passes SEMA-Sponsored ZEV Conversion Bill

Written by SEMA Washington, D.C., Staff

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Lawmakers in the California Assembly unanimously passed AB 2350, bipartisan SEMA-sponsored legislation that would incentivize consumers to convert gasoline- and diesel-powered motor vehicles into zero-emissions vehicles (ZEV).

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Service King on May 31 announced its entry into a comprehensive agreement with key financial stakeholders that will position it to increase reinvestment for long term growth.

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Thomas Zoebelein, owner of Stratosphere Studio in Bel Air, MD, creates marketing concepts for auto body shops well-known for pushing the envelope.

Tuesday, 31 May 2022 12:22

Auto Care Association Announces Upcoming Retirements

Written by Camille Sheehan, Auto Care Association

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The Auto Care Association on May 31 announced the upcoming retirements of five individuals who together have contributed 83 years of service to the association and a collective 162 years of service to the automotive aftermarket industry as a whole.

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Chesterfield Auto Parts has been awarded a Top Workplaces 2022 honor by Richmond Times-Dispatch Top Workplaces.

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General Motors on May 27 announced Marcos Purty will be appointed vice president of global workplace safety, effective June 1. 

Tuesday, 31 May 2022 10:24

Volkswagen CEO Confident His Company will Overtake Tesla in Market Share

Written by Can Emir, Interesting Engineering

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German carmaker Volkswagen’s CEO Herbert Diess said he is adamant the company could overtake Tesla’s position as the biggest electric vehicle seller by 2025.

Tuesday, 31 May 2022 10:13

Several Memphis, TN, Auto Repair Shops Not Taking Any More Cars Until August

Written by Brittni Clemons, ABC24 Memphis

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Now people can add getting their car fixed to the list of inconveniences the pandemic has shed light on.

Tuesday, 31 May 2022 10:05

11 Members of Car Theft Ring Busted in Denver

Written by Steven Symes, Motorious

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Eleven people have been busted for allegedly being part of an auto theft ring in Denver, CO, accused by the Denver District Attorney’s Office of stealing at least 130 cars valued at more than $3 million.

Tuesday, 31 May 2022 09:44

Cars are Going to Stay Expensive for 1 Simple Reason: Dealers and Automakers are Loving It

Written by Tim Levin, Business Insider

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If you're waiting to buy a new car until the next "December to Remember" sale, forget about it: Big discounts from auto dealers may never come back.

Tuesday, 31 May 2022 09:31

Diesel Skyrockets, Putting Pinch on Trucking Industry

Written by Elyse Kelly, The Center Square

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Many diesel-dependent industries are feeling the pinch of skyrocketing prices---including the biggest, trucking.

Tuesday, 31 May 2022 09:22

Gas Prices Hit New High for Second Day in a Row

Written by Casey Harper, The Center Square

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Gas prices hit another record high May 31, the latest in more than a dozen record high days this month.

Tuesday, 31 May 2022 09:11

How a Cheap Component Could Help Kill Off Combustion Cars

Written by Nick Carey and Christina Amann, Reuters

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The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars.

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The Collision Industry Electronic Commerce Association (CIECA) announced its next CIECAST webinar is scheduled for 11 a.m. PT/1 p.m. CT/ 2 p.m. ET June 23: “Charged for Success: Understanding EV Trends and Their Impact.”

Friday, 27 May 2022 12:17

SCRS Quick Tip: Tinting Sealer

 

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In this video, Mike Anderson of Collision Advice and Danny Gredinberg of the DEG talk about the unique need to tint sealer as part of the refinish process.

Friday, 27 May 2022 12:12

Class Action Accuses 3 Automakers, Parts Maker of Selling Risky Air Bag Inflators

Written by Tom Krisher, Insurance Journal

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A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding.

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Classic Collision, LLC, announced a new closing May 27---the acquisition of The Body Werks repair center in Holly Hill, FL.

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Auto shoppers in America are more likely than ever before to consider buying a fully electric vehicle (EV), and new EV entries are responsible for much of the added consideration.

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The CIF Gala is back!

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Did you know you can read all five regional editions of Autobody News before they appear in print?

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New-vehicle prices continue to set records, with the average transaction price expected to reach a May record of $44,832---a 15.7% increase from a year ago and the third-highest level on record despite rising interest rates, according to J.D. Power.

Thursday, 26 May 2022 14:31

Hyundai Pretensioner Recall Affects Accent, Elantra

Written by David A. Wood, CarComplaints.com

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A Hyundai seatbelt pretensioner recall includes about 281,000 Accent, Elantra and Elantra Hybrid cars with pretensioners at risk of exploding when they deploy.

Thursday, 26 May 2022 14:22

New Jersey AG & State Agency Penalize 3 Dealer Groups

Written by SubPrime Auto Finance News Staff

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A trio of dealership operations in the Garden State are set to pay hefty penalties for alleged violations of advertising, warranties and other financing and retailing matters.

Thursday, 26 May 2022 14:12

2023 Cadillac LYRIQ Sells Out in 4 Hours

Written by Maria Merano, Teslarati

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General Motors' all-electric 2023 Cadillac LYRIQ has sold out, but customers can still pre-order one. 

Thursday, 26 May 2022 13:57

Volkswagen Looking at U.S. Sites for New Factory to Build Scout EVs

Written by Dan Mihalascu, InsideEVs

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Volkswagen Group plans to build electric pickups and SUVs under the Scout brand at a new production site in the U.S.

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Maaco Fort Myers in Florida launched a partnership with a local technical college, Fort Myers Technical College, to help support future auto body repair professionals.

Thursday, 26 May 2022 10:44

Ford F-150 Lightning Customer Deliveries Beginning

Written by Joey Klender, Teslarati

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Ford has officially started making deliveries of the F-150 Lightning, with the first unit of the all-electric pickup being delivered May 26 to a Michigan resident.

Thursday, 26 May 2022 09:47

On The Lighter Side: Leno Tells Ford CEO He's A "Truck Guy" After Driving F-150 Lightning

Written by Dan Mihalascu, InsideEVs

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Jim Farley visited Jay Leno to show him the Ford F-150 Lightning, turning the famous "car guy" into a "truck guy."

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LKQ Corporation on May 23 released its 2021 Sustainability Report and unveiled its new brand identity, reflecting the company’s transformation from a salvage dismantler and recycler to a leading global value-added and sustainable distributor of vehicle parts, accessories and services.

Wednesday, 25 May 2022 15:19

3 Race Cars Stolen from Westland, MI, Business

Written by Priya Mann, Click on Detroit

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A neighborhood crime took place in Westland, MI, when a business specializing in supercharged vehicles had three of them disappear overnight.

Wednesday, 25 May 2022 15:13

Is a ‘Chop Shop’ Operating in Plain Sight Beneath Seattle Bridge?

Written by Lauren Donovan, KIRO 7

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Car theft victims want to know who is responsible for what they’re calling a “chop shop” operating in plain sight beneath Seattle’s First Avenue Bridge.

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Memphis, TN, police need help identifying a woman they said used fake identification and information to buy a vehicle from a dealership on two different occasions.

Wednesday, 25 May 2022 14:26

Tesla, GM Supplier to Pay $1.1B Penalty for Bribery, Price Manipulation

Written by Joey Klender, Teslarati

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Tesla and General Motors material supplier Glencore and Glencore Ltd. pled guilty to several violations of the Foreign Corrupt Practices Act in relation to bribery and commodity and price manipulation.

Wednesday, 25 May 2022 13:54

Fiat Chrysler Reaches $300 Million Plea Deal Following Emissions Fraud Probe

Written by Joey Klender, Teslarati

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Fiat Chrysler Automobiles (FCA) has reached a $300 million plea deal after pleading guilty to criminal conduct concerning an emissions fraud probe involving its vehicles with diesel engines, a new report from Reuters said.

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Toyota Motor North America, Inc. believes in taking charge of the future---and that’s exactly why it connected the Collision Repair Education Foundation (CREF) to Toyota Auto Body California, Inc., for a donation of 944 quarter panels, valued at $632,480, which will benefit collision repair educational programs around the country.

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With no relief from elevated prices and tight new-vehicle inventory, U.S. auto sales in May are expected to drop to their lowest level of the year.

Wednesday, 25 May 2022 11:46

Carvana, Vroom in Serious Trouble

Written by Steven Symes, Motorious

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For some time, upstarts Carvana and Vroom have been transforming how thousands of Americans buy their cars. Focusing on internet sales and non-traditional delivery methods, these chains enamored cynical consumers tired of the old dealership games.

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The latest edition of the LexisNexis® Risk Solutions Insurance Demand Meter reports the overall annual U.S. auto insurance shopping growth rate, which includes shopping and new policies, dropped for the third consecutive quarter for the first time since LexisNexis Risk Solutions began releasing these quarterly metrics.

Wednesday, 25 May 2022 09:18

Symach Fixline System 2022

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FixLine is a lean repair process to repair cars in line, that includes all equipment necessary for the paint line of the collision repair shop.

Wednesday, 25 May 2022 08:50

SEMA Announces Board Election Results

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Results of the 2022 SEMA Board of Directors election are in, with Rich Butler of R&R Marketing Consultants, Norris Marshall of BluePrint Engines, Kathryn Reinhardt of 4WP/ Pro Comp and Melanie White of Hellwig Products elected to serve.

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Precision Diagnostics has become a CIECA corporate member.

Tuesday, 24 May 2022 15:56

Committee Recommends Danville, IL, Purchase Burned Down Auto Body Property

Written by Jennifer Bailey, Commercial-News

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The Danville, IL, City Council’s Public Works Committee recommended purchasing a former auto body shop property on South Gilbert Street where a burned structure has been sitting.

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Auto insurers are caught between a rock and a hard place.

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Ford Motor Company and 40 states’ attorneys general agreed to a $19.2 million settlement, concluding an investigation into Ford’s alleged false advertising of the payload capacity of 2011-2014 Super Duty pickup trucks and the fuel economy of 2013-2014 C-Max hybrids. 

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Stellantis N.V. and Samsung SDI on May 24 announced they will establish an electric-vehicle battery manufacturing facility in Kokomo, IN.

Tuesday, 24 May 2022 10:27

Rivian's Delivery Delays Frustrating Some Early Adopters: Report

Written by Dan Mihalascu, InsideEVs

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Rivian's recent decision to prioritize the production of models featuring specific interior and exterior colors and wheels has led to the unusual situation that some early reservation holders are getting their vehicles delivered later than customers who placed pre-orders years after them.

Tuesday, 24 May 2022 10:05

Gas Prices Hit Record High Every Day for Past 2 Weeks

Written by Casey Harper, The Center Square

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Gas prices have soared to new heights in May with the price of unleaded regular gas hitting a record high every day for the past two weeks, as of May 24.