The Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) recent Annual Meeting, held at Gran Centurions in Clark, NJ, featured an exciting highlight: Alicia Figurelli, senior vice president of Thomas Greco Publishing, became the second woman in the association’s history to be inducted into AASP/NJ’s Hall of Fame. “I was completely taken by surprise […]
Consumer Sentiment Down Slightly in October
Inflation uncertainty highest in four decades. Consumer sentiment has remained virtually unchanged in the past three months, at levels comparable to the pandemic low point in April 2020, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index posted a small decline in October, retreating to 71.7 from last month’s 72.8, and […]
Gas Prices Post Smallest Increase in a Month
AAA reports that he national average price for a gallon today is $3.40, but the two-cent rise over last week is the smallest weekly increase in a month. Today’s price is 21 cents more than a month ago and $1.27 more than a year ago, and 79 cents more than in 2019. News that Iranian […]
Opus IVS Announces Direct Support of Honda OEM Scanning
Opus IVS announced will have the freedom to choose the type of OEM service that best meets their needs all through a single device. Technicians will now have the option for Honda and Acura vehicles to choose between performing the OEM scans themselves using the Honda Diagnostics Cloud or use Opus’ OEM remote tech assist […]
WIN Kicks Off the 2022 Sponsorship Campaign
The Women’s Industry Network (WIN) kicked off its 2022 sponsorship campaign on October 25, focusing on building out a community of supporters through expanded memberships and event participation for all sponsor members. Through research, WIN learned that its sponsors wanted their team members to be more engaged with WIN and bring the WIN mission back […]
Chris Chesney Named Vice President of Training & Organizational Development at Repairify
Repairify, Inc., a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced it has hired automotive training and development veteran Chris Chesney as its new Vice President of Training & Organizational Development to establish a comprehensive training initiative for customers, industry partners, employees and the network of technicians throughout the global Repairify ecosystem. “Chris Chesney is […]
LKQ Corporation Reports Third Quarter Revenue Up 8.2% to $3.3 Billion
Sales were up compared to 2020 pandemic impact, but key measures that influence its business such as repairable claims remain below 2019 levels. Supply chain crisis creating acquisition opportunities. LKQ Corporation (NASDAQ:LKQ) reported Revenue for the third quarter of 2021 was $3.3 billion, an increase of 8.2% as compared to $3.0 billion in the third […]
Hertz Global Holdings Reports Revenues of $2.2 billion
Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) announced for the third quarter 2021, the Company generated total revenues of $2.2 billion, reflecting the continued rebound in leisure travel and tight fleet inventory as Hertz executes against its strategic roadmap. While volume continued to be lower compared to 2019 levels, these headwinds were partially mitigated […]
Headlights Depot Opens Denver Warehouse
Headlights Depot announced the opening of a warehouse and distribution center in Denver, Colo. The warehouse will be specialized towards servicing body shops, storing a wide selection of CAPA-certified lighting parts and furthering the vision of providing body shops with the “Amazon-Style” service. Just the first of several planned new openings, this warehouse expands Headlights […]
Maaco Joins Defense Department Military Spouse Employment Partnership
On October 26, Maaco joined the Department of Defense Military Spouse Employment Partnership in a virtual ceremony. Maaco joins 45 new partners to MSEP – bringing the number of employers to 544. MSEP connects military spouses with hundreds of partner employers who commit to recruit, hire, promote and retain military spouses. Since its inception in […]
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