According to AAA, the cost of a barrel of oil is nearing $120, nearly double from last August, as increased oil demand outpaces the tight global supply. Meanwhile, domestic gasoline demand rose last week in the wake of a robust Memorial Day weekend of travel. As a result, the national average for a gallon of […]
J.D. Power Acquires UK-Based Data and Predictive Analytics Provider to Bolster Automobile Repair and Warranty Data Sets
J.D. Power announced that it has acquired the data and predictive analytics business of We Predict, the UK-based provider of global automobile service and warranty analytics. We Predict’s software, which is used by auto manufacturers and suppliers to project future component failures and future warranty claims and costs, will be leveraged by J.D. Power to […]
Ford Launches Technician Training Programs in Three New Schools
Ford is expanding the curriculum and adding locations to its premier training program designed to add more specially trained automotive technicians to the fast-growing field that now includes electric vehicles. The initiative, known as Automotive Student Service Educational Training (ASSET), is a collaboration between Ford Motor Company, Ford and Lincoln dealers and select community colleges […]
D&M Auto Body Wins Spanesi Welder at Northeast Trade Show
The NORTHEAST 2022 Automotive Services Show boasted three days of excitement for collision and automotive repair professionals as they perused aisles filled with the industry’s latest and greatest tools and equipment, but as the winner of a Q5.2 three-torch MIG/MAG welder from Prize Sponsor Spanesi Americas, Dave Rush, or D&M Auto Body in Rockaway, will […]
New Light-Vehicle Sales Down 12.6% Month-Over-Month in May
NADA Chief Economist says supply constraints continue to limit sales. New light-vehicle sales fell 12.6% in May to a seasonally adjusted annual rate (SAAR) of 12.7 million units, versus April and were down 24.9% from May 2021. May’s SAAR was below expectations of a SAAR in the mid-13 millions, increasing the risk that the second […]
Massachusetts Right to Repair Coalition Calls for Prompt Ruling on Right to Repair Ballot Question
The Massachusetts Right to Repair Coalition has filed an Amicus Curiae brief in federal court in reaction to an April 15 procedural order again delaying a ruling, until at least July 1, on a lawsuit filed by the Alliance for Automotive Innovation, the association that represents vehicle manufacturers, challenging the law. U.S. District Judge, Douglas […]
Mark Polzin Named Collision Repairer of the Year at HD Repair Forum
The Spring HD Repair Forum (HDRF) took place in Fort Worth, Texas on April 5th & 6th at the Historic Fort Worth Hilton. Industry leaders and executives from the United States and Canada gathered to network and participate in the only conference solely dedicated to the heavy-duty collision repair industry. HDRF leadership recognized Mark Polzin […]
ASE Education Foundation Adopt-A-School Program Helps Students Transition from School to Work
The ASE Education Foundation’s new Adopt-A-School program is a valuable resource to help students transition to the workforce. By implementing work-based learning programs, businesses can help reinforce classroom instruction and increase students’ hands-on skills, making graduates more productive at the start of their careers. “Many businesses hire students while they are still in school. Done […]
Collision Repair Education Foundation Honors 21 I-CAR Volunteer Committees
The Collision Repair Education Foundation (CREF) honored volunteer I-CAR Committees around the country that avidly support the Foundation’s initiatives by coordinating local fundraisers, sponsoring uniforms and more to benefit their local collision school programs. During I-CAR’s recent Zone Conferences, CREF recognized 21 I-CAR Committees for their 2021 dedication to the industry’s future by holding a […]
Consumer Sentiment Index Declined Over 10% in May
Pessimism on inflation overshadows optimism on personal finances. After voicing more positive views in April, consumer sentiment fell 10.4% in May, reverting to levels comparable to two months ago, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index fell to 58.4 in the May 2022 survey, down from 65.2 in April […]
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