The 4-week moving average of gasoline supplied to the U.S. market now down less than 20% compared to 2019. There is more good news on the state of economic activity as data from the U.S. Energy Information Administration (EIA) showed gasoline consumption up as the economy continues to open. For the week ending June 19 […]
New Vehicle Sales in June Projected to Remain Below 2019 Levels
The car shopping experts at Edmunds say that June will be another down month for auto sales as the industry continues to combat market challenges posed by the coronavirus (COVID-19) pandemic, forecasting that 1,080,656 new cars and trucks will be sold in the U.S. in June for an estimated seasonally adjusted annual rate (SAAR) of […]
Consumer Sentiment Up in June as Economy Reopens
Low interest rates and discounts on household durables and vehicles attracting increased spending. Consumer confidence rose moderately in June along with the reopening of the economy in several parts of the country, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index was 78.1 in the June 2020 survey, up from 72.3 […]
BASF Accepting Submissions for 2021 R-M Calendar Until July 17
BASF is collecting submissions to compete for a spot in the 2021 R-M calendar that will be distributed to collision repair shops and car enthusiasts across the US and Canada. Vehicles painted with R-M products can be submitted online until July 17. Winners will be notified during the month of July. Photos containing watermarks, logos […]
California Regulation to Eliminate Diesel Trucks by 2045
The California Air Resources Board adopted a first-in-the-world rule requiring truck manufacturers to transition from diesel trucks and vans to electric zero-emission trucks beginning in 2024. By 2045, every new truck sold in California will be zero-emission. “California is an innovation juggernaut that is going electric. We are showing the world that we can move […]
U.S. House Unveils Moving Forward Act
Infrastructure package includes vehicle safety provisions and technician workforce outreach program. The Automotive Service Association (ASA) reports that in a 24-hour long marathon mark-up, the U.S. House Committee on Transportation and Infrastructure approved H.R. 2, the INVEST in America Act. The surface transportation reauthorization bill provides $494 billion over five years for transportation initiatives. The […]
Collision Repair Facilities Report Sales Declines Worsened in May
Over 9 out of 10 collision repairers reported lower sales in May compared to 2019. Shop size weighted sales decline increased over April. Collision repair facility operators responding to the most recent CollisionWeek Collision Repair Business Conditions survey covering May, reported sales continued to be depressed by the pandemic response that took cars off of […]
National Auto Body Council Announces New Recognition Awards for 25th Anniversary
The National Auto Body Council Body announced that in celebration of its 25th anniversary, it is revamping the NABC Awards program to formally recognize leadership of and commitment to improving the collision repair industry. “As our organization has grown and evolved, so should our awards program to recognize the industry’s leaders,” said Bill Garoutte, president […]
LKQ Europe Reports Continuing Recovery Across Business
LKQ Europe CEO Arnd Franz says that while volume is below pre-pandemic levels, they are seeing continued growth in its business. “After a significant slump in the spare parts business at the beginning of April, the market will not return to its former level so quickly, but we are seeing continuous recovery of the workshop […]
SolutionWorks Chooses Mobile Tech RX Business Management Platform
Mobile Tech RX, the business management platform for auto reconditioning businesses, announced a new partnership with the SolutionWorks, the new enterprise coming out of the merger announced in March 2020 between AutoWorks Paintless Dent Repair and Catastrophe Solutions International (CSI). SolutionWorks chose to partner with Mobile Tech RX because of its established position as a […]
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