Continued uncertainty on inflation and the economy weighs on consumers. Consumer sentiment in early October is essentially unchanged at 1.2 index points above September, according to the University of Michigan Surveys of Consumers. The preliminary result was in spite of a 23% improvement in current buying conditions for durables owing to an easing in supply […]
Women in Auto Care Scholarship Program Reaches $1 Million Milestone
Women in Auto Care, a community of the Auto Care Association, saw another record year for its scholarship program, distributing 96 awards worth $300,000 in both cash scholarships and starter tool sets, to female students across the United States looking to have a career in the auto care industry. The incredible success of this year’s […]
Rising Input Costs Squeezing Out Entry-Level Battery Electric Vehicles
BEVs projected to have 51.5% market share in U.S. in 2031. The biggest challenge for OEMs rolling out new battery electric vehicles (BEVs) is rising input costs, which are affecting cost parity with traditionally powered vehicles. With prices of key raw materials used in BEVs having risen dramatically since 2019, S&P Global Mobility sees the […]
U.S. Auto Body Repair Prices Up Over 12% in September Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. Collision repair facilities report securing labor rate increases from insurers in response to historic levels of inflation. The most recent government figures on inflation through September show the rate of growth of auto […]
FinishMaster Celebrates Successful Hood Master and PiN Master Challenges
On Friday, October 7th, the FinishMaster Team welcomed around 250 guests at the Alexander Hotel in downtown Indianapolis, Ind. the perfect backdrop to display curated art. Guests traveled in from all over the country to take in the sights and experiences Hood Master had to offer. It was apparent this group of enthusiasts enjoyed all […]
Fix Auto USA Announces Award Winners at Annual Conference
Fix Auto USA announced the top performers in the Fix Auto family during the final day of the Fix Auto USA conference that was held October 2-4 at The Loews Coronado Bay Resort in Coronado Bay, Calif., The organization named Alex Doria, owner of Fix Auto Santee, as the Fix Auto USA Rookie of the […]
BASF Offering Instructor-Led Certification for Glasurit 100 Line Recognized by I-CAR
BASF Refinish announced it is accepting enrollment into its instructor-led 100 Line certification course offered now at one of several training locations around the US and Canada. To enroll in the training and get certified, by logging in to BASF’s Learning University. The I-CAR-recognized course offers comprehensive training around the 100 Line product portfolio including […]
State Farm Reports Fewer Animal Collisions in Annual Analysis
Pennsylvania had the most animal collision claims. Auto claims data reveals drivers struck less animals than previous year according to an analysis by State Farm, the number one private passenger auto insurer in the United States. Between July of 2021 and June 2022 an estimated 1.9 million animal collisions happened across US roads, 5.5% less […]
PPG Provides Earnings Update, Reports Soft Demand Conditions in Europe and China Expected to Continue Into Fourth Quarter
PPG (NYSE:PPG) on October 10 announced that it expects third quarter 2022 adjusted earnings per diluted share to be between 5% and 7% below the low end of the company’s forecasted range of $1.75 to $2.00 that was previously communicated in July. In comparison to its forecast at the beginning of the third quarter, company […]
Maaco Celebrates 50th Anniversary at October 16 Los Angeles Rams Vs. Carolina Panthers Game with Gameday Giveaway
When Los Angeles’s wide receiver Allen Robinson takes the field on October 16, he will be running for more than yards and points – he’ll be helping Maaco celebrate its 50th anniversary in golden style. In the Maaco’s Gameday Giveaway fans can watch the team’s #1 Allen Robinson to win prizes when they see his […]
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