Senator Blumenthal raises MFN concerns with Federal Trade Commission & Department of Justice. The Automotive Service Association (ASA) reports that the U.S. Senate Subcommittee on Antitrust, Competition Policy & Consumer Rights held a hearing on “Oversight of the Enforcement of the Antitrust Laws” that delved into the use of most favored nation (MFN) clauses in […]
AASP/NJ’s 15th Annual Lou Scoras Golf Outing Raises Funds for Collision Repair Scholarships
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) held another successful golf outing on Monday, September 16, bringing close to 100 members of the automotive community together at the Colonia Country Club. The 15th Annual AASP/NJ Lou Scoras Golf Outing once again paid tribute to the memory of the former board member for […]
UK’s NBRA Launches Collision Repair Shop Environmental Award
The UK National Body Repair Association (NBRA) announced a new award program highlighting collision repair facility efforts to reduce their environmental impact. “The NBRA’s first Greener Bodyshop Awards ceremony will recognize body repairers in the industry who are committed to reducing their impact on the environment, by implementing measures for pollution and energy reduction”, says […]
Fewer Selling Days and Early Labor Day Hurt September Auto Sales
While sales are projected to decline for the month versus 2018, new vehicle sales remain near historically high levels. Spending on new vehicles during third quarter at record levels. New-vehicle retail sales in September are expected to fall from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail […]
Genstar Capital Completes Acquisition of OEConnection
OEConnection LLC (OEC) and Genstar Capital announced they have finalized the deal for Genstar to acquire a majority stake in OEC from Providence Equity Partners that was announced in August. Current investors, Ford Motor Company and General Motors, will each retain their minority investments in the Company. Financial terms of the transaction were not disclosed. […]
IAA Opens New Location in Massachusetts
IAA, Inc. (NYSE: IAA) announced the opening of its Templeton, Mass. facility. With 55 acres of land, IAA Templeton is the company’s third branch in the Commonwealth and will support customer demand and inventory growth in both the state and across the New England region. “New England continues to be an important market for us,” […]
Collision Repair Education Foundation and PPG Celebrate Over $700,000 Raised to Support Collision Schools and Students in Past Ten Years
2020 fundraiser scheduled for July 21 in Philadelphia, Pa. The annual Collision Repair Education Foundation industry fundraiser celebrated its 10 year anniversary of the automotive refinish business unit of PPG co-hosting the event. The event has raised over $700,000 since 2009 to support scholarships and grants for collision schools and students. The 2019 event included […]
CIECA October 15 Webinar Features CCC’s Susanna Gotsch
The Collision Industry Electronic Commerce Association (CIECA) announced its next webinar will be held on Tuesday, October 15th at 11 a.m. CDT and feature Susanna Gotsch, director, industry analyst, at CCC Information Services. Gotsch will examine how changes to the automobile have impacted both vehicle loss costs and vehicle accident frequency during 2019 in the […]
Traffic Volume Hits Record Levels in July
Compared to the same month in 2018, traffic volume in the U.S. was up in July. The 12-month rolling average sets another new record. Travel volume in July increased on a year-over-year basis. July’s result returns traffic volume to growth after a 0.3 percent decline in June versus June 2018. Since March 2014, there have […]
General Motors Working to Alleviate Strike Impact on Collision Repair Parts Supply
General Motors, whose workers represented by the United Auto Workers union that initiated a strike on September 16, is working to alleviate parts supply concerns impacting the the auto service and collision repair industry. In response to our questions about the impact of the strike on collision repair parts supplies, a GM spokesperson explained that […]
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