The California Automotive Wholesalers Association (CAWA) has announced applications are now open for the Motorcar Parts of America – Selwyn Joffe Awards. These scholarships provide financial support to high school automotive teachers in California, Nevada, and Arizona. “CAWA is proud to assist automotive high school teachers, in part, to assure their programs remain viable and […]
Meyer Distributing Canada Expands with New Brunswick Location
Meyer Distributing Canada has announced the addition of a new crossdock facility in Moncton, New Brunswick. This location will receive direct shipments from the company’s Montreal distribution hub. The expansion is part of Meyer’s continued investment in Canadian operations. “We continue to invest in our Canada infrastructure and employees,” said Jeff Braun, CEO of Meyer […]
FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies
Interim final rule changes definition of reporting company to include only foreign entities. The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that dramatically changes the scope of beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act. This significant regulatory shift exempts all U.S. companies and U.S. persons from BOI […]
BASF Coatings Launches Sustainability Target Framework
BASF Coatings has implemented its Sustainability Future Target Picture, a framework designed to guide sustainable practices across the coatings industry. The initiative focuses on six key action areas aimed at transforming the company’s approach to sustainability. “Our Sustainability Future Target Picture is not just a concept; it’s a call to action for everyone in the […]
Collision Repair Industry Production Up in December Versus Previous Month
While production was up month-over-month it was flat compared to December 2024. Overall production for the full year was down slightly from 2023. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary December collision repair employment, hours worked and wages indicated production was […]
ABPA Research Finds Rising Collision Repair Costs Impact Consumers
The Automotive Body Parts Association (ABPA) has released a new research report titled High Costs, Hard Hits: The Consumer Struggle with Rising Collision Repair Prices. The study, conducted in partnership with Depth Services, examines how consumers are affected by increasing vehicle repair costs and limited access to affordable replacement parts. According to the report, over […]
IRC Reseach Finds Auto Insurance Affordability Better Than Mid-2000s Despite Recent Premium Increases
A new study by the Insurance Research Council (IRC) finds that despite recent premium increases, auto insurance remains more affordable relative to household income than it was in the mid-2000s. According to the IRC study Auto Insurance Affordability: Countrywide Trends and State Comparisons, U.S. households spent approximately 1.51% of their income per vehicle on auto […]
ASE April 1 Webinar Examines Color Theory and Spray-Out Techniques
The National Institute for Automotive Service Excellence (ASE) will host a free webinar on Tuesday, April 1 at 4:00 p.m. (EDT) titled Color Theory and Creating Proper Spray-Outs. Matthew Moore from Axalta Coating Systems will present an introduction to the three dimensions of color and other factors necessary for successful color matching. The session will […]
Wholesale Used-Vehicle Prices Decreased in First Half of March
Prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices, on a mix-, mileage-, and seasonally adjusted basis, dropped from February in the first 15 days of March and were also down versus last year. The mid-month Manheim Used Vehicle Value Index fell to 200.8, now showing a decline of 1.1% from the full month […]
Prince Family Foundation Partners with UAF to Award 10 Scholarships to Automotive, Collision Repair and Heavy-Duty or Diesel Students
The University of the Aftermarket Foundation (UAF) announced that the Prince Family Foundation has become a Lifetime Trustee and will award 10 annual automotive, collision repair, or heavy-duty/diesel scholarships in memory of Larry Prince, former chairman and CEO of Genuine Parts Company, and his wife Sandra. The Larry and Sandra Prince Scholarships will be awarded […]
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