Orange County shop owner omitted nearly $3 million in income. The owner of three Orange County, Calif. auto body shops pleaded guilty yesterday to a federal criminal charge for deliberately failing to report nearly $3 million in income to the IRS over a seven-year period, causing a tax loss to the United States of almost […]
Archives for November 2023
3rd Annual LKQ Cares Holiday Vote Charitable Program Opens
LKQ Corporation announced its 3rd annual LKQ Cares Holiday Vote charitable program commenced today on Giving Tuesday and will run through Friday, December 8. The LKQ Community Foundation is committing to donate a total of $1 million to the following philanthropic organizations: American Cancer Society BEN Support for Life Children’s Miracle Network Hospitals Collision Repair […]
November US Auto Sales Projected Up Over Last Year
Though up on last year, auto demand levels expected to continue tapering from second quarter results. On an unadjusted volume level, November US light vehicle sales are expected to advance mildly from the strike impacted levels of October but remain absent of any momentum. S&P Global Mobility projects sales volume of 1.23 million units for […]
AirPro Approved for Ford Collision and Glass Certification Programs
AirPro Diagnostics announced Ford’s approval as a diagnostics and calibrations provider for shops participating in the vehicle manufacturer’s collision repair and glass certification programs. “This approval is yet another example of AirPro’s commitment to meeting OE approvals. AirPro is now an approved diagnostics and calibrations provider for the Ford Certified Collision Network (FCCN) as well […]
Justin Jude to Succeed Dominick Zarcone as LKQ President and CEO Next Year
Company announces executive leadership succession plan. LKQ Corporation (NASDAQ: LKQ) today announced that Dominick Zarcone, current President and Chief Executive Officer, has informed the Company’s Board of Directors of his intention to retire from his role effective June 30, 2024. The Board has unanimously selected Justin Jude, the Company’s current Senior Vice President and President […]
ProColor Collision Adds Repair Center to Network in Ontario, California
Premium Auto Paint, located at 1152 W. Holt Blvd. in Ontario, Calif. is the latest independent body shop to transition to the ProColor Collision brand. Owner Alonso Martin has owned auto body repair shops in Southern California for 20 years. “Working on cars has been my life’s work and a family endeavor,” said Martin. “We […]
Lift Auto Group Acquires New Collision Repair Center in Port Coquitlam, British Columbia
The Lift Auto Group announced the acquisition of the newly named CSN Port Coquitlam, the former Boyd Port Coquitlam and looks forward to continuing the success of the shop’s former owner, Bill Thomson. Previous owner Thomson who is enjoying an extended vacation and early retirement after spending 41 years in collision repair While the collision […]
Main Auto Body Named AASP/NJ Shop of the Year
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) announced that member shop Main Auto Body in Lodi, N.J. and its owner Michael Giamo recevied the 2023 Stan Wilson/New Jersey Automotive Body Shop of the Year Award at its October Annual Meeting. The award, named in honor of the former AASP/NJ board member who […]
China Motor Insurance Industry Projected to Reach $171.9 Billion by 2028
The motor insurance industry in China is projected to grow at a compound annual growth rate (CAGR) of 4.5% from CNY871.2 billion ($129.1 billion) in 2023 to CNY1.1 trillion ($171.9 billion) in 2028, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. According to GlobalData’s Insurance Database, China’s […]
Federal Judge Dismisses Lawsuit that Alleged Tesla Monopolizes Repair and Parts Markets for its Vehicles
While dismissing antitrust claims, Judge allows plaintiffs 21 days to amend their complaint. U.S. District Judge Trina L. Thompson ruled in favor of a motion by Tesla to dismiss a proposed class action lawsuit by car owners that alleges the electric vehicle (EV) manufacturer has an unlawful monopoly on repairs and parts. The suit, Virginia […]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 10
- Next Page »