LKQ Corporation (Nasdaq: LKQ) announced that it has entered into a definitive agreement to sell Elit Polska, a Poland-based distributor of automotive parts, consumables and workshop equipment to MEKO AB. The transaction is expected to be completed during the second half of 2024 and is subject to customary closing conditions and necessary regulatory approvals. Elit […]
PPG Receives American Chemistry Council Sustainability Leadership Award
PPG (NYSE:PPG) announced that it has received an American Chemistry Council (ACC) 2024 Sustainability Leadership Award for an automotive OEM electrocoat that lowers energy use and emissions. The award recognizes exemplary products, technologies and initiatives that help advance sustainability. PPG Enviroprime EPIC 300 electrocoat cures at lower temperatures than previous ecoat technologies, helping reduce greenhouse […]
MEMA Opposes Three New Biden Administration Labor Regulations
MEMA announced it has joined with other business groups in opposing three new final rules altering major employer/employee relationships released by the Biden administration has announced. these rules and will keep you updated on any developments. The rules include recently announced rules by the Federal Trade Commission (FTC) to ban on virtually all employee noncompete […]
Wholesale Used-Vehicle Prices Continued to Decline in April
Manheim reports wholesale prices were down both month-over-month and year-over-year. Wholesale used-vehicle prices on a mix, mileage, and seasonally adjusted basis were down in April compared to March. The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14.0% from a year ago. The seasonal adjustment to the index magnified the results […]
Crash Champions Expands Luxury and EV Certified Repair Line with California Acquisition
Crash Champions today announced the expansion of Crash Champions Luxe | EV Certified, a premium line of service specializing in electric vehicle (EV) and luxury OEM factory-certified repairs. The announcement follows the organization’s acquisition of DC Autocraft, a collision repair center specializing in luxury factory-certified and EV repairs in Burbank, Calif. The acquisition finalized on […]
2024 ALI Lifting Points Guide Covers 20 Years of Data in Print or Online
One of the most important steps when using a frame-engaging car lift like a two-post lift is to position the lift adapters only at the OEM-recommended lifting points. Failing to follow this guidance and instead guessing where to position the adapters may result in the vehicle getting damaged or falling from the lift. To help […]
Imports Top National Insurance Crime Bureau List of Most Stolen Vehicles
Kia and Hyundai vehicles experienced the highest theft rates in 2023, breaking the years-long trend of full-size pickups topping the list, according to a new report issued by the National Insurance Crime Bureau (NICB), the insurance industry’s association dedicated to preventing and prosecuting insurance crime and fraud. Social media trends highlighting how to steal these […]
State Farm to Test Mitchell Estimating in Ohio
Some of State Farm’s Select Service collision repair centers in the state will test the Mitchell platform for estimating and source parts. State Farm announced in an email May 7 to its Select Service collision repair centers in Ohio that it will begin testing the use of the Mitchell estimating platform for writing estimates and […]
Study Says One in Five Retail Vehicle Sales YTD Have Electrified Powertrain in U.S.
Urban Science, the global automotive consultancy and technology firm, released a proprietary electric vehicle (EV) sales microstudy rooted in the firm’s industry sales data, which is updated daily, delivering a science-driven overview of the EV sales landscape in the U.S. The microstudy includes detailed 2024 sales insights through April 30, for the battery electric vehicle […]
Vehicle Service Group Training Accredited by International Association for Continuing Education and Training
The Vehicle Service Group (VSG), a Dover company, announced it has received accreditation covering educational courses offered by its brands Rotary, Chief Collision Technology, Forward Lift, and Direct Lift from the International Association for Continuing Education and Training (IACET), a globally recognized standard in adult education and training. This achievement reflects VSG’s commitment to providing […]
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