CAWA, the non-profit trade association representing automotive parts manufacturers, jobbers, warehouse distributors, retailers and program groups, announced that the CAWA Leadership & Educational Forum will be held June 19-21 in Newport Beach, Calif. The two-day business meeting focuses on key sessions and presentations from industry experts who will share insight and critical thinking on contemporary […]
Justice Department and Federal Trade Commission Seeking Information on Competition Impact of Serial Acquisitions and Roll-Up Strategies
Agencies request information on how acquisition strategies impact competition across the economy including aftermarket/repair services. The Justice Department and Federal Trade Commission (FTC) jointly launched a public inquiry May 23 to identify serial acquisitions and roll-up strategies throughout the U.S. economy that the agencies say have led to consolidation and harmed competition. In a joint […]
May U.S. Auto Sales Projected Up 3% Over Last year
S&P Global Mobility projects new U.S. light vehicle sales volume in May 2024 to reach 1.4 million units. This unadjusted volume total would be up approximately 3% from the year-ago total, and up 7% from the April 2024 result. The estimated May sales total would translate to a sales pace of 15.6 million units seasonally […]
I-CAR Helps High School Students Navigate an Uncertain Future with Collision Careers Website
Amid financial aid delays and concerns about the future, many students have skipped the pressures of May’s Decision Day and are considering an alternative path to a traditional four-year degree by choosing a skilled trade that offers long-term success and financial stability, like automotive collision repair. CollisionCareers.com provides essential information and resources to students, parents, […]
CARFAX Reports 6.4 Million Vehicles Need Takata Airbags Replaced Ten Year After Start of Recalls
Ten years after the National Highway Traffic Safety Administration (NHTSA) mandated the recall of Takata airbags nationwide because of the risk they pose for bodily harm – or even death – to occupants, more than 6.4 million vehicles in the U.S. still have those airbags, according to CARFAX data. More than 2.5 million – roughly […]
WIN Announces Record 30 Students Receive Scholarship Program Awards
Organization partners with Collision Repair Education Foundation to support women pursuing careers in the industry. The Women’s Industry Network (WIN) has announced a record 30 new recipients of its 2024 WIN College Student Tuition and Conference Scholarship Awards. 2024 also saw a record number of student applications, as WIN partnered with the Collision Repair Education […]
Classic Collision Acquires New Repair Center in Virginia
Classic Collision, LLC announced the acquisition of H&T Collision Center in Virginia Beach, Va. H&T Collision opened in July 2005 as a family-owned center and quickly grew to a 13,000 sq. foot location equipped with state-of-the-art equipment. “By doing nothing but quality work and treating our customers right, we have managed to become one of […]
LKQ Releases Global Sustainability Report
LKQ Corporation (Nasdaq: LKQ) today announced the release of its 2023 Global Sustainability Report. The Report describes LKQ’s role in driving sustainable success for its customers, employees, the communities in which they operate and the global circular economy. Additionally, the report includes an enhanced and robust sustainability strategy, demonstrating LKQ’s approach to managing sustainability risks […]
Small Businesses Challenge DOL Overtime Rule in New Lawsuit
The National Federation of Independent Business (NFIB) announced May 22 it joined a lawsuit challenging the Department of Labor’s (DOL) final overtime rule. The new rule, which takes effect July 1, significantly increases the salary threshold for overtime pay eligibility and will automatically raise the threshold over time. “DOL’s final rule is an additional complicated […]
Repairify Donates $180,000 of Diagnostic Tools to Collin College
Repairify, the global leader in remote diagnostics, calibrations, programming, and automotive intelligence for the collision and mechanical repair industries, announced today its significant donation of diagnostic tools worth over $180,000 in support of Collin College’s Automotive Technology program in Allen, Texas. As part of an initiative with the Repairify Institute to support automotive training, the […]
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