PPG (NYSE:PPG) today announced that it has approved significant and broad restructuring actions to reduce its global cost structure. The company cited weakened global economic conditions stemming from the COVID-19 pandemic and related pace of recovery in a few end-use markets, along with further opportunities to optimize supply chain and functional costs. When completed, the […]
Sherwin-Williams and Larsen Motorsports Announce Scholarship Recipient
Sherwin-Williams Automotive Finishes and Larsen Motorsports have named the first Blazing Trails Scholarship Fund recipient: Nicole Turner, a 28-year old certified motorcycle mechanic/technician now attending Lake Tech in Eustis, Florida for auto body finishes. “Nicole is the definition of a trail blazer,” explained Elaine Larsen, owner, Larsen Motorsports. “She’s the reason we started Blazing Trails […]
Total U.S. Aftermarket Forecast to Decline 8.8% But Expected to Rebound in 2021
Total U.S. automotive aftermarket sales are forecast to decrease 8.8 percent in 2020 as a result of the impact of the COVID-19 pandemic and related factors, according to the “2020 Joint Channel Forecast Model” produced jointly by the Auto Care Association and the Automotive Aftermarket Suppliers Association (AASA). The 2020 Joint Channel Forecast Model also […]
Electude and CCAR Announce COVID-19 Best Practices eLearning Modules
Electude International and the Coordinating Committee for Automotive Repair (CCAR) announced the further expansion of the online E-Safety course suite, the automotive safety courses, assessments and credentials created by CCAR and available through Electude. New COVID-19 learning modules for automotive service and repair staff as well as for management have been added, providing best practice […]
ASE Extends Spring Scheduling Window Until September 30
The National Institute for Automotive Service Excellence (ASE) has extended the scheduling window to September 30 to give those who have registered additional time to schedule their tests. Spring registration will remain open until June 30 for more than 54 automotive, collision, medium/heavy duty, school bus, transit bus, and truck equipment repair certification tests. ASE […]
Australia-Based Suncorp Boosts Training Subsidy for Collision Repair Partners
With COVID-19 putting pressure on many industries, including repairers, Australia-based insurer Suncorp is continuing to support its repairers by boosting its Suncorp Training Subsidy. Established over five years ago, the Suncorp Training Subsidy provides financial support for its panel of motor repairers to allow them to undertake training. Prior to COVID-19, each repairer was eligible […]
IBISConnect Africa Online Event July 23
The International Bodyshop Industry Symposium (IBIS) announced IBISConnect Africa 2020 – a live, interactive, online event to be broadcast between 10.00 and 13.00 South Africa Standard Time (4-7 a.m. EDT) on Thursday, July 23. IBIS has embraced the opportunities of the new digital era to develop and present to its African and worldwide audience a […]
U.S. Senate Passes House Bill to Revise Paycheck Protection Program
Legislation that provides additional flexibility for employers to get their loans forgiven goes to White House for President Trump’s signature. The U.S. Senate passed the House version of Paycheck Protection Program (PPP) legislation yesterday, extending the time allotted for PPP loan recipients to spend the funds and still qualify for forgiveness of the loans from […]
Original One Parts Acquired by Kinderhook Industries
Original One Parts, the supplier of certified auto parts for use in both collision repair and mechanical repairs, announced today that it has been acquired by private equity firm Kinderhook Industries, LLC. Financial terms of the transaction were not disclosed. Headquartered in Dallas, Texas, Original One Parts serves independent collision repair shops, dealership service centers, […]
IIHS Research Indicates Self-Driving Vehicles Could Struggle to Eliminate Most Crashes
Driver mistakes play a role in virtually all crashes. That’s why automation has been held up as a potential game changer for safety. But autonomous vehicles might prevent only around a third of all crashes if automated systems drive too much like people, according to a new study from the Insurance Institute for Highway Safety. […]
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