Rising wages drives both optimism, pessimism on inflation. Consumers voiced much more positive views in April, rising 9.8% above March, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 65.2 in April, up from 59.4 in March, but well below last April’s 88.3—so far, President Biden’s peak. The Expectations […]
ASE Plastics Identification for Effective Repairs Webinar May 3
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians on Tuesday, May 3 at 4:00 p.m. (EDT) entitled “Plastics Identification for Effective Repairs.” Registration for the event is available online. Plastics are used extensively in today’s vehicles, but does that mean that plastic parts need to be discarded […]
AASP/NJ Explored Prevailing Rates During April 28 Virtual Meeting with Tim Ronak
“Labor Rate is only part of the labor sale equation,” AkzoNobel’s Tim Ronak informed attendees during the Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) virtual meeting on April 28. “Increasing Labor Rate may be valuable, but in many cases, shops are not even writing a fully documented sheet for all justifiable operations.” The […]
AASP-MN Announces Board of Directors
April marked the beginning of service for the 2022–2023 Alliance of Automotive Service Providers of Minnesota (AASP-MN) Board of Directors. The Alliance welcomed new board members: Dan Gleason, Pro-Tech Auto Repair, Corcoran, (Mechanical seat); Aaron Swanson, LaMettry’s Collision, Eden Prairie, (Collision seat); and Paul Yager, Enterprise Rent-A-Car, Eagan (Associate Division Director). They join other members […]
Driven Brands Acquires All Star Glass
Driven Brands Holdings Inc. (NASDAQ:DRVN) announced the continued expansion of its auto glass offering in the U.S. with the acquisition of All Star Glass. Founded by Sam Scharaga over 40 years ago, All Star Glass grew to become the largest family-owned auto glass company in the United States, through its commitment to customer safety and […]
U.S. Length of Rental Continued to Increase in the First Quarter
LOR up nearly five days compared to last year. According to the latest data from Enterprise Rent-A-Car, the first quarter of 2022 saw average Length of Rental (LOR) for collision replacement-related rentals increase 4.9 days when compared to 2021. This nearly five-day increase continues the trend of unprecedented industry increases, including an almost four (3.9) […]
Wren’s Collision Group Acquires Ninth Collision Repair Center
Wren’s Collision Group announced the acquisition of a new 15,000 sq. ft. collision repair center on Monday, April 18, located at 1852 Josh Pirkle Road in Braselton, Ga. Established by Ray Wren, Wren’s Body Shop of Douglasville, Georgia first opened its doors to the public in 1954. With the latest acquisition, third-generation owners Phil and […]
1Collision Adds Collision Repair Center to Network Southern California
1Collision announced the addition of VIP Auto Body, located in Chatsworth, Calif, a suburb of Los Angeles, to its network. Established more than 30 years ago, the business prides itself on delivering high-quality repair work and exceptional customer service. It is owned by cousins Chris Serobyan and Andy Seropian. “We’re excited to join 1Collision and […]
Ford Begins Production of Electric F-150
Ford (NYSE:F) began production of its all-new, electric F-150 Lightning pickup this week at the Rouge Electric Vehicle Center within Ford’s historic Rouge Complex. “Today we celebrate the Model T moment for the 21st Century at the Rouge Electric Vehicle Center,” said Ford Executive Chair Bill Ford. “The Rouge is where Ford perfected the moving […]
IAA Appoints Michael Sieger to Board of Directors
Board forms operations committee. IAA, Inc. (NYSE:IAA), a leading global marketplace connecting vehicle buyers and sellers, today announced that it has appointed Michael Sieger to its Board of Directors, effective immediately as of the conclusion of the Company’s 2022 annual meeting of stockholders. As a result of the appointment, IAA’s Board will expand to 10 […]
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