Federal Reserve: Auto loan balances increase by $11 billion in Q4
— February 21, 2025Household debt increased by $93 million, reaching $18.4 trillion, while auto loan balances increased
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Market Trends
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Focus Advisors predicts ‘significant’ consolidation this year, ‘Big Five’ now hold 30% of market share
— February 18, 2025Focus Advisors anticipates a continuation of significant consolidation in the collision repair industry
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Steel and aluminum tariffs could increase auto parts costs
— February 17, 2025A proclamation signed by President Donald Trump to raise tariffs on steel and aluminum imports to 25%
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Eight-automaker joint venture IONNA begins full national launch of EV charging bays
— February 10, 2025IONNA, the joint venture founded by BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis,
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Kansas best, Hawaii worst states for car owners to drive in
— February 10, 2025WalletHub’s annual “Best & Worst States to Drive In” found Kansas to be the best
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New study finds AEB has improved, cuts rear-end crashes by half
— February 3, 2025Automatic emergency braking (AEB) continues to improve as it cuts rear-end crashes in half, according
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In response to Trump order Auto Innovators says single, national carbon reduction standard is needed
— January 27, 2025In response to President Donald Trump’s termination of state emission waivers, the president
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Mitchell: Vehicle complexity will continue to drive up severity, cycle times while claims volumes fall
— January 20, 2025According to research by Mitchell International, collision repairers will continue to face increasing
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Goodyear, research organization collaborate on pairing intelligent tires with AEB
— January 10, 2025Goodyear Tire & Rubber Co. and Dutch independent research organization, TNO, have provided details
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American Driver Report: Policyholders shopped companies, increased deductibles, lowered coverage for cheaper auto insurance
— January 6, 2025Jerry, America’s AllCar app, found in its “2025 State of the American Driver Report”
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