PPG (NYSE:PPG) announced that it has been named to the FTSE4Good Index Series for the fourth consecutive year. The index measures the performance of companies demonstrating strong environmental, social and governance (ESG) practices. “At PPG, we view environmental stewardship, social responsibility and strong governance as strategic business priorities,” said Diane Kappas, PPG vice president, Global […]
U.S. Traffic Volume Declined in June as Gas Prices Hit Historic Highs
Traffic declined versus both previous month and year but was slightly up compared to June 2019 before the pandemic. June traffic was down compared to the previous month and June 2021 as gasoline prices hit record highs. The June result marks the first year-on-year decline since February 2021 during the pandemic. Traffic on a year-on-year […]
Erie Insurance Launches Venture Capital Fund
Erie Insurance today announced the establishment of Erie Strategic Ventures, a venture capital fund to support visionary entrepreneurs. The fund is part of the company’s commitment to supporting entrepreneurship and delivering innovative products, services and experiences to its customers and network of independent agents. Erie is the 13th largest private passenger auto insurer in the […]
Study Predicts Gradual Adoption of Electric Vehicles into National Fleet
In the wake of the signing of the Inflation Reduction Act (IRA) into law, the Automotive Service Association (ASA) reports that a study by Energy Innovation, a climate policy think tank, predicts that there will be a gradual adoption of electric vehicles. The study stated that “the IRA is the most significant federal climate and […]
I-CAR Celebrates Grand Opening of Chicago Technical Center
The Inter-Industry Conference on Auto Collision Repair (I-CAR), marked the official opening of its new Chicago Technical Center (CTC) yesterday “I-CAR’s mission is to deliver increasingly accessible, on-demand and relevant education, knowledge, services and solutions for the collision repair inter-industry, and our new technical center in metro Chicago serves as another beacon of progress and […]
MEMA Mourns the Passing of Aftermarket Veteran Steve Handschuh
Steve Handschuh, the automotive aftermarket veteran who joined the Motor & Equipment Manufacturers Association (MEMA) in 2006, died on August 22. A native of Baltimore, Handschuh joined MEMA as President and Chief Operating Officer of MEMA’s Automotive Aftermarket Suppliers Association (AASA) division and was named President and CEO of MEMA in 2013. Handschuh retired in […]
New Vehicle Sales Projected Down in August on Selling Day Basis
Vehicle inventory continues to restrain sales. New-vehicle retail sales for August 2022 are expected to decline when compared with August 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 980,400 units, a 2.6% decrease compared with August 2021 when adjusted for […]
Daryl Kenningham to Become CEO of Group 1 Automotive in January
Earl Hesterberg to retire at year end. Group 1 Automotive, Inc. (NYSE:GPI) the automotive retailer with 204 dealerships and 47 collision centers in the United States and the United Kingdom, today announced that Earl J. Hesterberg, President and Chief Executive Officer will retire as CEO and from the Board of Directors, effective December 31, 2022. […]
GT Motive Announces Repair Data Distribution Agreement with Motomatix in South Africa
GT Motive, the provider of repair data and solutions based in Spain has signed an agreement with Motomatix, a provider of claims management solutions to both the collision repair industry and the wider automotive mechanical repair industry. “We are extremely excited to partner with a market leading organisation such as GT Motive and together, we […]
TechForce Launches Because I’m A Tech Campaign
The TechForce Foundation, a national 501(c)(3) nonprofit, has launched its “Because I’m a Tech” campaign. Timed to align with Labor Day, the campaign celebrates skilled trades and promotes this career path. “Because I’m a Tech” shares technicians’ testimonials across industry sectors, from auto, diesel and collision repair to aviation, restoration, marine, welding and motorsports, highlighting […]
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