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LKQ Reports Revenue Growth Over 7%

July 25, 2019 By CollisionWeek Editor

Organic parts and services growth declined 2.1 percent. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the second quarter of 2019 of $3.25 billion, an increase of 7.2 percent as compared to $3.0 billion in the second quarter of 2018. For the second quarter of 2019, parts and services organic revenue declined 2.1 percent, (1.3 percent […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

Copart Opens New Location in Georgia

July 25, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the opening of its new location in Macon, Ga. The 35 acre facility is Copart’s ninth location in Georgia. “Opening in Macon allows us to offer increased convenience and additional options to our sellers and buyers in Georgia,” said Copart CEO Jay Adair. “This new location is a strategic step in […]

Filed Under: News Tagged With: Copart, Georgia, Openings

AAA Research Finds In-Vehicle Infotainment Systems Distracting to Older Drivers

July 25, 2019 By CollisionWeek Editor

Completion Time by Task Type

New in-vehicle infotainment technology has the potential to increase comfort and extend mobility for older drivers, but first it has to stop distracting them. On average, older drivers (ages 55-75) removed their eyes and attention from the road for more than eight seconds longer than younger drivers (ages 21-36) when performing simple tasks like programming […]

Filed Under: News Tagged With: AAA, Distracted Driving

Record Attendance at Opening of ASE Instructors Conference

July 25, 2019 By CollisionWeek Editor

The largest training conference in the country, the National Institute for Automotive Service Excellence (ASE) Instructor Training Conference, is off to a great start at the Embassy Suites in Frisco, Texas. Over 365 high school and post-secondary instructors from around the country are attending the conference, which is hosted by the ASE Education Foundation. The […]

Filed Under: News Tagged With: Annual Conference, ASE Education Foundation

Collision Claims Continued to Decline in First Quarter

July 25, 2019 By CollisionWeek Editor

Auto physical damage indicators influencing collision repair industry volume declined during the first quarter of 2019 compared to the previous year. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 months […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Earned Car Years, Losses

Mitchell Announces Partnership with Drew Technologies for OEM Collision Repair Scanning

July 24, 2019 By CollisionWeek Editor

Mitchell and Drew Technologies Partnership

Enhancements from Drew extend Mitchell Diagnostics with new MD-OEM option. Approved for use in GM Collision Repair Network. Mitchell today announced a partnership with Drew Technologies, an Opus IVS Company, under which Drew Technologies scanning and diagnostic technology and services will be available via the Mitchell Diagnostics (MD) system. The new enhancements offer vehicle scanning […]

Filed Under: News Tagged With: Advance Driver Assistance Systems, Agreements Signed, Diagnostics, Drew Technologies, General Motors, Mitchell International, OEM Certification, Opus Group AB, Recalibration

Auveco Acquires NJ Auto Body Fastener and Tool Company

July 24, 2019 By CollisionWeek Editor

Auveco the provider of specialty fasteners and body hardware, announced the acquisition of W&E Sales Company, headquartered in Newark, N.J. W&E is a provider of auto body fasteners and specialty hand tools to the automotive aftermarket. Jeff Gilkinson CEO of Auveco, said, “For years, the W&E brand and company have been synonymous with exceptional quality […]

Filed Under: News Tagged With: Acquisitions, Auveco, New Jersey

Tennessee Auto Care Companies Discuss Tariffs, Vehicle Data Access with Senator Blackburn

July 24, 2019 By CollisionWeek Editor

Executives from nine auto care industry companies met with U.S. Senator Marsha Blackburn, R-Tenn., on Friday, July 19, in Memphis for a roundtable discussion facilitated by the Auto Care Association on the industry’s most pressing public policy priorities. The roundtable began with an overview of the auto care industry’s significant presence in Tennessee, exemplified by […]

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

Cruise to Delay Deployment of Commercial Self-Driving Cars Beyond 2019

July 24, 2019 By CollisionWeek Editor

In 2017, Cruise projected it would offer a self-driving taxi service during 2019. In a blog post, Dan Ammann, CEO of Cruise, detailed the steps the company will take to scale its self-driving vehicle program in San Francisco, Calif. In 2017, General Motors’ Cruise subsidiary announced it planned to offer a self-driving taxi service during […]

Filed Under: News Tagged With: Autonomous Vehicles, California, Cruise, General Motors, Honda

Fix Auto USA’s Herrera Appointed to Yelp Client Advisory Board

July 24, 2019 By CollisionWeek Editor

Yelp, the platform for connecting consumers with local businesses, has appointed Jonathan Herrera, Fix Auto USA’s Marketing Manager, to its Client Advisory Board. The Client Advisory Board’s charter is to provide input and feedback to Yelp’s product roadmap. Yelp’s stringent selection criteria required internal employee sponsorship and an interview. Participation on Yelp’s Client Advisory Board […]

Filed Under: News Tagged With: Fix Auto USA, People, Yelp

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