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AASP/NJ Members Receive Economic and Employment Legal Updates at Virtual Meeting

May 4, 2020 By CollisionWeek Editor

Members of the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) received guidance from association supporters Ansell, Grimm & Aaron, PC (AGA) on April 30 via a free Zoom webinar the legal team presented to address small business owners on what steps they can take to stay afloat during these trying times. As a […]

Filed Under: News Tagged With: AASP/NJ

I-CAR Announces Updated COVID-19 Policies

May 1, 2020 By CollisionWeek Editor

The Inter-Industry on Auto Collision Repair (I-CAR) announced further COVID-19 action steps, plans and updated policies designed to best support everyone within the collision repair industry during this trying period. I-CAR’s COVID-19 Industry Relief Program is grounded in understanding the substantial impact the industry is experiencing as a result of the pandemic, emphasizing the role […]

Filed Under: News Tagged With: Coronavirus, I-CAR

Traffic Volume and Gas Consumption Increased Last Week

May 1, 2020 By CollisionWeek Editor

Connected car traffic volume and government gasoline statistics continued to improve as states start reopening process. Data from both INRIX on traffic volume and the U.S. Energy Information Administration (EIA) point towards an increase in traffic for the week ending April 24. Last week, we reported that both gasoline consumption and traffic volume appeared to […]

Filed Under: Research Tagged With: Gasoline Demand, INRIX, Traffic Volume

MITCHCO Collision Repair Acquires New Location in Florida

May 1, 2020 By CollisionWeek Editor

MITCHCO Collision Repair logo

MITCHCO Collision Repair, a Florida based MSO, announces it acquired Oliver’s Auto Body in Melbourne, Fla. The business was formed in 1985 by Oliver Mertens, and his brother Thomas took the reins in 2013. Dave Mitchell, President and CEO of MITCHCO said, “We are happy to have had the opportunity to acquire such a quality […]

Filed Under: News Tagged With: Acquisitions, Florida, MITCHCO Collision Repair

ASA May 6 Webinar Examines Repair Industry Challenges with COVID-19

May 1, 2020 By CollisionWeek Editor

Understanding the challenges the auto repair industry is facing with COVID-19, the Automotive Service Association (ASA) is holding a free one-hour, online Virtual Industry Professional Forum at Noon (EDT) on Wednesday, May 6. Registration for the event is available online. According to Ray Fisher, ASA President and Executive Director, the discussion will include: A review […]

Filed Under: News Tagged With: Automotive Service Association, Coronavirus, Webinar

Independent Auto Damage Appraisers Association Launches Certification Program

May 1, 2020 By CollisionWeek Editor

IADA logo

The Independent Auto Damage Appraisers Association (IADA) announced the launch of its new IADA Appraiser Certification Program. Not just a certificate for completing a certain number of courses, this program judges if an appraiser has the professionalism, experience, mastery, and dedication to be counted among the most skilled appraisal professionals in the world. Three certification […]

Filed Under: News Tagged With: Certification, Independent Auto Damage Appraisers

Auto Care Association Signs Letter Urging President Trump to Delay All Import Duties

May 1, 2020 By CollisionWeek Editor

The Auto Care Association joined hundreds of businesses and associations in the Americans for Free Trade coalition, signing on to a letter urging President Trump to delay the collection of all duties and fees on imports for March through June 2020. While thanking the president for his leadership on delaying payment of certain taxes to […]

Filed Under: News Tagged With: Auto Care Association, Tariffs

New Vehicle Sales Continue Downward Slide in April

April 30, 2020 By CollisionWeek Editor

April 2020 Auto Sales Forecast

Edmunds forecasts April will be the worst auto sales month in at least 30 years due to the coronavirus pandemic. As can be expected given the number of dealership sales department closures due to being deemed non-essential businesses, Edmunds say that April will be a record down month for the auto industry due to the […]

Filed Under: News Tagged With: Edmunds, New Vehicle Sales

Gulf States Toyota Selects CCC for Collision Repair Parts Marketing Program

April 30, 2020 By CollisionWeek Editor

CCC Information Services Inc. (CCC) announced today that Gulf States Toyota, Inc. will leverage 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 […]

Filed Under: News Tagged With: Agreements Signed, CCC Information Services, Gulf States Toyota, OEM Parts

LKQ Reports First Quarter Revenue Down Versus Prior Year on Coronavirus Impact

April 30, 2020 By CollisionWeek Editor

LKQ’s earnings conference call presentation

LKQ Corporation (NASDAQ:LKQ) today announced revenue for the first quarter of 2020 was $3.0 billion, a decrease of 3.2% as compared to $3.1 billion in the first quarter of 2019. For the first quarter of 2020, parts and services organic revenue decreased 3.5% and 4.7% on a per day basis. Net income for the first […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

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