Steven Szakaly, chief economist of the National Automobile Dealers Association, is predicting sales of 17.1 million new cars and light trucks in 2017, a 1.7 percent decline from projected 2016 sales. With less than two months left in the year, new-vehicle sales are forecast to reach 17.4 million, which would be a slight decline from […]
ASA Washington Representative Details Possible Impacts on Industry from Leadership Change in Washington
From possibly repealing regulations to setting important policy on the future of autonomous vehicles, auto safety, and insurance regulation, large questions loom for the collision repair industry. The results of the U.S. Presidential and Congressional elections last week promise a significant change in direction for the business community given President-elect Trump’s stated intention to review […]
AAA Projects 48.7 Million Americans to Travel this Thanksgiving
Even though gas is slightly more expensive than last year, more than 89 percent of travelers will take road trip over the long holiday weekend. AAA projects that 48.7 million Americans will journey 50 miles or more from home this Thanksgiving, an increase of one million travelers compared with last year. This represents a 1.9 […]
Lawson Products Acquires Mattic Industries
Lawson Products, Inc. (NASDAQ:LAWS), the parent of Kent Automotive, announced it has completed the acquisition of Mattic Industries Limited, a Vancouver-based distribution company. Founded in 1982, Mattic Industries is a leading distributor of rivets, fasteners and other industrial components throughout Western Canada. Similar to Lawson, the company also provides vendor managed inventory (VMI) services to […]
BASF VisionPLUS University Classes Receive I-CAR approval
Five additional VisionPLUS University (VPU) classes from BASF Automotive Refinish have received approval for inclusion in the I-CAR Industry Training Alliance. The five classes include: Paint Department Productivity Organizational Structure Deliver Complete Customer Satisfaction Get The Keys Advanced Process Solutions (APS) Planning Session These courses join the list of the six VPU courses already approved […]
CARSTAR Offers Special Financing for Customers with New Credit Card
CARSTAR Auto Body Repair Experts announced a new a financing option for their collision repairs through its Car Care One Program. Available at participating locations in the U.S. through Synchrony Financial, the CARSTAR Car Care One Program offers customers a payment alternative. In a recent survey by Bankrate.com, almost two out of three Americans do […]
Service King Raises More Than $190,000 for National Breast Cancer Foundation
Service King Collision Repair Centers and its family of more than 6,000 teammates officially contributed and raised more than $190,000 for the National Breast Cancer Foundation during the month of October. The company, with locations in 23 states across the U.S., completed its third annual national campaign Friday with a visit and presentation at NBCF’s […]
NHTSA Sets ‘Quiet Car’ Safety Standard to Protect Pedestrians
Regulator adds requirement for hybrid and electric vehicles to have audible alert to help prevent 2,400 pedestrian injuries a year. The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced that it is adding a sound requirement for all newly manufactured hybrid and electric light-duty vehicles to help protect pedestrians. The new federal […]
Japanese Auto Parts Company Pleads Guilty to Antitrust Conspiracy
Company Agrees to Pay $7.2 Million Criminal Fine Usui Kokusai Sangyo Kaisha Ltd. (Usui), an automotive parts manufacturer based in Shimizu, Japan, has agreed to plead guilty and pay a $7.2 million criminal fine for its role in a criminal conspiracy involving automotive steel tubes sold to automobile manufacturers in the United States and elsewhere, […]
U.S. Average Gas Prices Drop for 10 Consecutive Days
Prices down from week and month ago, but same as year ago. According to AAA’s Fuel Gauge Report, pump prices have fallen for 10 consecutive days, reaching yesterday national average price of $2.17 per gallon. Drivers are benefitting from the price of retail gasoline with yesterday’s average five cents less per gallon than one week […]
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