OEConnection (OEC) announced the appointment of Rich Garcia as its new Chief Financial Officer. Garcia will be responsible for leading the company’s financial operations in conjunction with providing strategic financial direction. He will oversee the global accounting and finance teams, including responsibility for financial reporting, treasury, tax, business development, purchasing and business information systems functions. […]
FCA US Invests $30 Million on Autonomous Driving and ADAS Testing Facility
FCA US announced that it has invested more than $30 million at its Chelsea Proving Grounds in southeast Michigan to further development and testing of autonomous vehicle and advanced safety technologies. The all-new facility, which begins testing programs in September, features a dedicated autonomous highway-speed track, 35-acre safety-feature evaluation area and a high-tech command center. […]
Fix Auto UK Acquires Majority Stake in Franchise Collision Repair Center
Fix Auto UK announced it has invested directly in one of its own franchisees. In what its say may be the first of many similar investments, the organization has acquired a majority share of Fix Auto Goole and in doing so the UK operation has taken ownership of its own collision repair center. The six-figure […]
State Farm Settles Hale Class Action for $250 Million
As trial was scheduled to commence, a settlement was announced bringing to a close two decades of litigation on non-OEM parts. State Farm Mutual Automobile Insurance and the Plaintiffs in Hale et al v. State Farm Mutual Automobile Insurance Company et al announced they have reached a settlement agreement as the trial was set to […]
State Farm Racketeering Trial Starts This Week
The 2012 lawsuit alleges auto insurer recruited and bankrolled successful candidate for Illinois Supreme Court to overturn 1999 $1.18 billion non-OEM parts ruling. Plaintiffs in a 2012 lawsuit that alleges State Farm Automobile Insurance company recruited and bankrolled the successful candidacy of an Illinois Supreme Court Justice in 2004 so that he would overturn a […]
Copart Opens Seventh Location in Brazil
Copart, Inc. (NASDAQ:CPRT) announced the opening of its seventh location in Brazil. The facility is located at Estrada da Roseira, 6.725, bairro Borda do Campo, São Jose dos Pinhais, near the city of Curitiba, the capital of the State of Parana. The new Curitiba location, which can store up to 7,000 vehicles, is strategically located […]
Terrence Hahn Officially Joins Axalta As Chief Executive Officer Today
Axalta Coating Systems Ltd. (NYSE : AXTA ) today announced that Terrence Hahn has officially joined the Company as Chief Executive Officer, succeeding Charlie Shaver, who will continue at Axalta as Non-Executive Chairman. Hahn will also serve on Axalta’s Board of Directors, expanding the Board’s size from eight to nine Directors. Axalta previously announced this […]
AASP/NJ Presents 14th Annual Lou Scoras Memorial Golf Outing September 17
The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) is gearing up for its 14th Annual Lou Scoras Memorial Golf Outing set for Monday, September 17 at the Colonia Country Club. Each year AASP/NJ members, vendors and others in the automotive community gather on the green to pay tribute to former Board member Lou […]
Marty Hollingshead to Join Executive Committee of Automotive Recyclers Association
The Automotive Recyclers Association (ARA) announced that its Nominating Committee has selected Marty Hollingshead, President of Northlake Auto Recyclers in Hammond, Ind. as its nominee for Association Secretary for 2018-2019. Hollingshead brings decades of experience in the industry to the Association’s Executive Committee. He will be formally confirmed by the ARA Board of Directors during […]
NABC Recycled Rides Program Presents Five Restored Vehicles to New Jersey Veterans
Event marks 1,800th vehicle presentation for the NABC Recycled Rides program. On Wednesday, August 29, a group of New Jersey military veterans experienced a life-changing event – the presentation of a car to provide them independence and the ability to work and take care of their families – thanks to the National Auto Body Council, […]
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