Professional automotive recycler Chad Counselman, Counselman Automotive Recycling in Mobile, Ala., was welcomed as the new President of the Automotive Recyclers Association (ARA) this past weekend at the organization’s 76th Annual Convention and Exposition in Charlotte, N.C.. Prior to his naming as President, Counselman had served as Secretary, Second Vice President and First Vice President […]
Reports Indicate Tentative Deal between Union and GM to Settle Strike Impacting Collision Repair Parts Supply
While union members may soon be back at work at General Motors, the United Auto Workers are striking at Mack Trucks. The UAW and General Motors are reported to have reached a tentative agreement to settle its strike with the vehicle manufacturer that has entered its fifth week. According to the report by CNBC, local […]
Automakers Not Making Progress in Persuading Consumers to Want Electric or Self-Driving Vehicles
J.D. Power research finds women even less interested than men in self-driving vehicles. As auto manufacturers invest billions to bring self-driving vehicles to market and increase choice in battery-electric vehicles, many consumers still lack confidence in the technologies. According to the J.D. Power 2019 Q3 Mobility Confidence Index Study fueled by SurveyMonkey Audience shows the […]
GM Announces Upcoming eCommerce Price Policy Establishing Electronic Minimum Resale Price
General Motors Customer Care and Aftersales division (CCA), announced yesterday that it will implement an Electronic Minimum Resale Price (eMRP) Policy in the U.S. for certain products, effective January 1, 2020. No specific information was included with the announcement, however the company said it will release details on the policy and the parts impacted on […]
S/P2 Partners with WD-40 Company on Technician Tool and Equipment Maintenance Training Program
S/P2 announced a partnership with the WD-40 Company to offer student technicians across industries an opportunity to gain critical knowledge and boost their resume through a new online training course. In the course “Cleaning, Storage, and Maintenance of Tools and Equipment,” students learn how rust can negatively affect tools, what to look for when cleaning […]
MEMA Joins Over 400 Companies and Organizations Urging Congress to Pass USMCA
The Motor & Equipment Manufacturers Association (MEMA) joined over 400 other organizations and businesses in signing a letter to Congress urging an autumn passage of the United States-Mexico-Canada Agreement (USMCA). The National Association of Manufacturers delivered the letter to Capitol Hill on Oct. 15. “North America is the most significant trade market for the United […]
U.S. Property/Casualty Insurance Industry Sees Slight Decline in Net Income During First Half of 2019
Surplus sets new record as stock market recovers from downturn. Private U.S. property/casualty insurers’ net income after taxes and underwriting gains remained strong despite small declines compared with the prior year, according to Verisk (NASDAQ:VRSK) and the American Property Casualty Insurance Association (APCIA). Net income after taxes declined to $32.8 billion for the first half […]
Southeast Toyota Distributors Selects CCC for Collision Repair Parts Marketing
CCC Information Services Inc. (CCC) announced that Southeast Toyota Distributors, LLC will leverage the CCC Promote technology to provide its dealers with a new marketing solution to price and promote parts to thousands of collision repair facilities while estimates are being written. CCC Promote is powered by the CCC ONE platform used by 25,000 repairers […]
Lawson Products Expands Borrowing Capacity to $100 Million
Lawson Products, Inc. (NASDAQ:LAWS), parent of Kent Automotive, announced it has entered into a new credit agreement increasing its maximum borrowing capacity from $40 million to $100 million. The new agreement also includes an accordion feature, subject to certain criteria as well as obtaining additional commitments from its lenders that would provide meaningful additional borrowing […]
AASP/NJ October 17 Annual Meeting to Feature Database Enhancement Gateway Administrator
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) will welcome Danny Gredinberg, administrator of the Database Enhancement Gateway (DEG) as guest speaker for its Annual Meeting Thursday, October 17 at Gran Centurions Banquet Hall in Clark, N.J. Gredinberg will provide attendees with an overview of the purpose of the DEG and explain how […]
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