While February sales were still below pre-pandemic levels, it was a robust result by the standards of recent months. US Light Vehicle sales totaled 1.14 million units in February, according to LMC Automotive, a GlobalData Company. This translates to a Year-over-Year (YoY) gain of 9.5%, with the same number of selling days as in February […]
Registration for AASP/NJ’s NORTHEAST Shop of the Future Panel Draws Record Numbers
With less than two weeks to go, registration for the Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) flagship event, the NORTHEAST 2023 Automotive Services Show, being held March 17-19 at the Meadowlands Exposition Center in Secaucus, N.J., is ramping up for show access as well as this year’s educational slate, sponsored by AirPro […]
Deadline to Apply for Automotive, Heavy-Duty Scholarships March 31
The University of the Aftermarket Foundation (UAF) is reminding students that March 31 is the deadline to submit applications on their Aftermarket Scholarship Central websites at AutomotiveScholarships.com and HeavyDutyScholarships.com. Interested parties can also text their name and email address to 720-903-2206 to receive information, reminders and updates about the University of the Aftermarket Foundation scholarship […]
Ritchie Bros. Thanks Shareholders for Support of IAA Acquisition
Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) (TSE:RBA) on March 3 issued the following statement regarding the support it is receiving from many shareholders, including among the Company’s largest shareholders, as well as industry analysts on its acquisition of IAA, Inc. (NYSE:IAA): Vontobel Asset Management, which owns 2.15% of Ritchie Bros. shares, has joined many other Ritchie […]
Fix Auto UK Accelerates In-House Mental Health First Aider Course
Fix Auto UK is ramping up the number of Mental Health First Aider training courses to meet its goal of ensuring every Franchise Partner will have at least two qualified mental health first aiders on site. Since revealing its plans last summer to be the first repair network in the UK to offer courses that […]
Collision Repair Industry Production Sets New Record in December
Average weekly production hours worked at 40 hours for second month in a row. November was first time in more than two decades. 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 increased […]
AAA Reports Fear of Self-Driving Cars on the Rise
Drivers increasingly anxious as autonomous technology advances. The results of AAA’s annual automated vehicle survey show that while there is still a high level of interest in partially-automated vehicle technology, attitudes toward fully self-driving vehicles have become increasingly apprehensive. This year there was a major increase in drivers who are afraid, rising to 68% as […]
RDA Executive Director Robert McKenzie Passes Away
The Refinish Distributors Alliance announced that Robert McKenzie Jr., the organization’s executive director, passed away February 28 at the age of 61. It is with great sadness that we inform you of the passing of Robert Mckenzie Jr. Executive Director of Refinish Distributors Alliance on February 28, 2023,” the organization said in a statement. “Robert […]
BendPak Announces Death of Gary Henthorn
Son of BendPak founders established Dannmar, MaxJax and Garage Equipment Supply. Gary Henthorn, son of BendPak Inc. owners Don and Ginger Henthorn and himself the founder of automotive service equipment brands Dannmar, Garage Equipment Supply and MaxJax, died surrounded by family and friends at home Feb. 4, 2023, following a courageous battle with cancer. He […]
CCC Reports Revenue of $782 Million in 2022
Up 14% compared to the previous year. CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) announced revenue was $782.4 million for the full year 2022, an increase of 14% from $688.3 million for the full year 2021. For the quarter ended December 31, total revenue was $204.1 million, up 9.1% compared to $187.1 million for the fourth […]
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