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 […]
Over 49 Million Americans Expected to Take to the Roads in the U.S. Over Thanksgiving
Driving trips projected up 1.7% compared to last year. AAA projects 49.1 million Americans will get behind the wheel and head 50 miles or more from home over the Thanksgiving holiday travel period., an increase of 1.7% compared to 2022. Drivers could be paying less for gas than last Thanksgiving when the national average was […]
Nominations Open for 6th Annual Techs Rock Awards
The TechForce Foundation has joined forces with Mecum Auctions to announce the opening of nominations for the 6th Annual Techs Rock Awards. This year, the Awards will honor both working and aspiring student technicians, marking a significant milestone in the program’s history. Nominations are now being accepted until January 14. The Techs Rock Awards will […]
ASE November 28 Webinar Details ProProctor Remote Test Delivery
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians on Tuesday, Nov. 28 at 4:00 p.m. ET entitled “ASE ProProctor Remote Test Delivery.” More information and registration are available online. ASE now offers some recertification tests remotely on the ProProctor platform as an alternative to a fixed test […]
U.S. Traffic Volume Up in September Compared to 2022
Traffic up compared to last year both for the month and year-to-date. Traffic volume in September increased compared to the previous year for the ninth month in a row after two monthly declines at the end of 2022. Traffic volume was above last year, and it was also above September 2019 prior to the impact […]
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