Industry News - ABRN (Automotive Body Repair News)
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Source: Motor Age

Hyundai takes in first vehicle under 'Cash for Clunkers'

July 3, 2009

Following the government's passge of the "Cash for Clunkers" legislation, a Virginia woman was the first to trade in her vehicle to Hyundai. Katherine Michon of Arlington, Va., replaced her 15 mile-per-gallon 1995 Ford Explorer with a 26 mile-per-gallon Hyundai Elantra Touring, at Alexandria Hyundai in Alexandria, under the Car Allowance Rebate System (CARS).

Source: Automotive Body Repair News

Congress targets federal regulation of insurers, repeal of antitrust exemption

July 2, 2009
By:James E. Guyette

Two measures pending before Congress that call for heightened federal supervision of the insurance industry appear to reflect an increasing ire among lawmakers over the business practices of certain carriers. Part of the anger stems from the AIG situation and other “financial shenanigans,” and there remains festering frustration dating back to the alleged lack of adequate settlements for homeowners who suffered losses during Hurricane Katrina.

Source: Automotive Body Repair News

Mitchell releases Ultramate7

July 2, 2009

strong>SAN DIEGO - Mitchell International released UltraMate 7, a collision estimating solution for insurers and collision repairers that is designed to be easy to use and to improve the estimating process and lay the foundation for future estimating innovation.

Source: Automotive Body Repair News

Diamond Standard issues statement on the safety of aftermarket parts

July 2, 2009

Diamond Standard Manufacturing Group has issued the following press release regarding the safety of aftermarket replacement parts.

Source: Automotive Body Repair News

Farmers completes acquisition of 21st Century Insurance

July 2, 2009

The Farmers Insurance Group of Companies completed its $1.9-billion acquisition of 100 percent of AIG's U.S. Personal Auto Group, which includes 21st Century Insurance. The acquisition also includes the former AIG Direct business and Agency Auto business.

Source: Motor Age

New metals, Chrysler scan tools part of AASP-MN's fall offerings

July 2, 2009

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) will host "New Metals & Repair Technologies," Sept. 16, from 9:30 to 11:30 a.m., (just prior to the I-CAR Golf Outing) at Crystal Lake Golf Club, Lakeville, and again in the evening from 6 to 8 p.m., at Dunwoody College of Technology, Minneapolis.

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