Industry News
Ford Pro Insure Expands Commercial Auto Insurance to Indiana and Wisconsin
Ford Pro has expanded its offerings for commercial customers with Ford Pro Insure, a commercial vehicle insurance now available in Indiana and Wisconsin, adding to its presence in Arizona, Illinois, and Tennessee. Targeting the vast number of small businesses in these states, Ford Pro Insure aims to support efficient and productive fleet management through the…
Read MoreHertz to sell 20,000 EVs in a shift back to gasoline-powered cars
Hertz Global Holdings Inc. has announced plans to sell one-third of its U.S. electric vehicle (EV) fleet, totaling 20,000 EVs, and reinvest in gas-powered cars due to weak demand for battery-powered options. The sales, initiated last month, are expected to continue throughout 2024. Hertz anticipates recording a non-cash charge of $245 million in its fourth-quarter…
Read MorePay increases expected to meet or exceed inflation in 2024, Payscale study says
According to a Payscale report, the U.S. job market is expected to see pay increases surpassing inflation in 2024. Auto body repairers, ranking fourth in demand in 2023 with a median pay of $52,100, experienced a significant 21% increase from the previous year. The shortage of technicians is attributed to factors such as low pay…
Read MoreFederal agency makes progress on impaired driving tech mandate
The National Highway Traffic Safety Administration (NHTSA) is taking steps toward regulating advanced impaired driving prevention technology. Deputy Transportation Secretary Polly Trottenberg announced a call for public comments before proposing rules on this technology. The NHTSA aims to collect information for performance requirements and potential mandates for new vehicles to include impaired driving prevention tech.…
Read MoreRepairify Receives ASE Accreditation for In-Person and Online Training
Repairify, Inc., a Kinderhook Industries, LLC portfolio company, secures ASE accreditation for both online and in-person training, enhancing its role as a Continuing Automotive Service Education provider. This recognition from ASE positions Repairify to contribute significantly to training future automotive technicians, aligning its content with I-CAR objectives. Students completing Repairify courses now earn credits towards…
Read MoreCollision Repair Industry Production Up Over 3% in September Compared to Last Year
The U.S. Department of Labor Bureau of Labor Statistics (BLS) data analysis reveals that year-to-date production in the collision repair industry has increased by over 9%. In September, the total industry employment rose by 6.9% compared to the same month in 2022, with production employment seeing a 6.6% increase year-over-year. However, the overall production for…
Read MoreOEMs, analysts share expected automotive trends that will shape 2024
Brand Innovators has gathered insights from original equipment manufacturers (OEMs) regarding anticipated trends in artificial intelligence (AI), electric vehicles (EVs), and sustainability for the upcoming year. Automakers, including Hyundai and Mercedes-Benz, foresee a continued rise in EV adoption and advancements in autonomous vehicles. Young drivers’ growing environmental concerns are expected to drive increased demand for…
Read MoreCheers to a revved-up new year with CmySkills!
As 2024 unfolds, CmySkills (CMS) extends warm New Year wishes to the resilient automotive community we proudly connect. Your dedication fuels our shared success, and we’re excited about the collaborative opportunities the coming year holds. CMS remains committed to enhancing the automotive hiring landscape. Our unique platform offers specialized skills matching, providing technicians and shops…
Read MoreTechForce Foundation Report Shows First Increase in a Decade in all Tech School Completions
Tech schools are experiencing a positive shift as there is an increase in student completions across all segments for the first time in a decade, indicating a changing perception and improved viability of technician careers. The TechForce Foundation’s 2023 Technician Supply & Demand Report highlights this encouraging trend, covering projections for the next five years…
Read MoreSolera Global EV Research Shows 29% Higher Overall EV vs. ICE Repair Costs in Side-by-side Model Comparison
Solera Holdings, LLC has unveiled the results of a comprehensive global research study examining repair cost trends for electric vehicles (EVs) compared to their internal combustion engine (ICE) counterparts. The analysis, conducted across 20 countries using Solera’s global claims database, involved approximately 92,000 repair estimates for a Hyundai Kona EV and its ICE model counterpart…
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