Yesterday, the U.S. House of Representatives passed legislation to reauthorize the Carl D. Perkins Career and Technical Education Act. Following a successful vote on the measure in the Senate on Monday, the bill will now head to the president’s desk where he has indicated he will sign it into law. “The Perkins reauthorization provides critical […]
LKQ Reports Organic Parts and Service Growth of 7.2% in Second Quarter
LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the second quarter of 2018 of $3.03 billion, an increase of 23.3 percent as compared to $2.46 billion in the second quarter of 2017. For the second quarter of 2018, parts and services organic revenue growth was 7.2 percent and acquisition revenue growth was 12.7 percent, while […]
ASA Partners with Podium to Enable Shops to Text Customers
The Automotive Service Association (ASA) announced that it has joined forces with Podium as its latest Sponsored Benefit Provider. ASA Sponsored Benefit Provider companies provide specially-priced member services and products to ASA members to help offset their everyday business costs. Currently serving 150,000+ users across nearly 20,000 businesses, Podium uses cloud-based software to help businesses […]
Fix Auto USA Adds Six Collision Repair Centers to Network
Fix Auto USA announced the addition of six franchise locations, bringing Fix Auto USA’s total number of locations to 132. The additional locations expand Fix Auto’s geographic footprint in multiple markets including: Las Vegas, Northern California, and Southern California. The locations include: Fix Auto Alameda (Alameda, Calif.), formerly Alameda Collision Repair, operated by Arthur Mercado; […]
Traffic Volume Up in May
Compared to the same month the previous year, traffic volume in the U.S. was up. The 12-month rolling average is at record levels. Travel volume in May increased on a year-over-year basis. The increase marks a return to growing traffic volume after a decline in April. Increased driving, coupled with higher numbers of new, insured […]
Ford Creates Autonomous Vehicle Unit, Reorganization of Global Operations
Ford Motor Company announced it has created Ford Autonomous Vehicles LLC, a new organization charged with accelerating its autonomous vehicle (AV) business to capitalize on market opportunities. The company also detailed key organizational changes designed to improve its operational fitness and drive profitable growth. The company will include Ford’s self-driving systems integration, autonomous vehicle research […]
Pro Spot Opens Training Facility in Nashville
Pro Spot announced that due to a growing demand for training and education, it is opening a new training center in Goodlettsville, Tenn. about 15 miles north of Nashville to better serve southern markets. The Goodlettsville facility provides hands-on training with MIG welding, spot welding, riveting, plastic repair, dent pulling for aluminum and steel, dust-free […]
Senate Passes Perkins Reauthorization Bill to Support Technical Education
On Monday, the U.S. Senate passed Senate Bill 3217 (S.3217) to reauthorize the Perkins Act that provides support for career and technical education programs across the country. The bill comes after several weeks of intense negotiations and hard work by the Health, Education, Labor and Pensions (HELP) Committee and its staff. Business and education groups […]
Service King Opens Collision Repair Center in Arizona
Service King Collision Repair Centers announced the company has officially opened its 15th Arizona collision repair center. The new facility is over 20,000 sq. ft. and is located at 1265 E. Pecos Rd in Gilbert and continues the multiple shop operator’s expansion across the greater Phoenix market. “This is another proud step for Service King […]
Small Business Optimism Remains Historically High as Sales and Profits Maintain Strength
While down in June compared to May, the index remains at sixth highest historic level. The National Federation of Independent Business (NFIB) Small Business Optimism Index posted its sixth highest reading in survey history for the month of June, at 107.2, down 0.6 from May. Since December 2016, the Index has averaged an unprecedented 105.4, […]
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