The Alliance of Automotive Service Providers of New Jersey (AASP/NJ) recognized two promising collision repair professionals at its Fifth Annual Young Technician of the Year Awards ceremony during the NORTHEAST 2025 Automotive Services Show this month. Xavier Rivera, from Lititz Collision & Repair, and Nerissa Sime-Zuluga, from DeFalco’s Autobody, each received toolkits valued at $2,500, […]
Consumer Sentiment Down in March Compared to February and Last Year
University of Michigan Index falls for the third straight month. The University of Michigan Consumer Sentiment Index declined in March both month-over-month and year-over year as consumer concerns about economic policies impact future expectations. The Consumer Sentiment Index fell to 57.0 in the March 2025 survey, down from 11.9% 64.7 in February and 28.2% below […]
ASE Education Foundation Announces New Accreditation Management System
The ASE Education Foundation has announced plans to launch a new online accreditation management system and updated website later this year aimed at streamlining processes for educators, administrators, and employers. The new accreditation management system will feature online documentation storage, allowing evaluation teams to review materials before onsite visits. Users will benefit from step-by-step guidance, […]
New-Vehicle Sales Expected to Rise 9.6% in March
New vehicle transaction prices up over last year. Tariffs likely to increase used vehicle prices. Total new-vehicle sales for March 2025, including retail and non-retail transactions, are projected to reach 1,525,200, a 9.6% increase from March 2024 according to a joint forecast from J.D. Power and GlobalData. March 2025 has 26 selling days, one fewer […]
CAWA Opens 2025 Scholarship Applications for Automotive High School Teachers
The California Automotive Wholesalers Association (CAWA) has announced applications are now open for the Motorcar Parts of America – Selwyn Joffe Awards. These scholarships provide financial support to high school automotive teachers in California, Nevada, and Arizona. “CAWA is proud to assist automotive high school teachers, in part, to assure their programs remain viable and […]
Meyer Distributing Canada Expands with New Brunswick Location
Meyer Distributing Canada has announced the addition of a new crossdock facility in Moncton, New Brunswick. This location will receive direct shipments from the company’s Montreal distribution hub. The expansion is part of Meyer’s continued investment in Canadian operations. “We continue to invest in our Canada infrastructure and employees,” said Jeff Braun, CEO of Meyer […]
FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies
Interim final rule changes definition of reporting company to include only foreign entities. The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that dramatically changes the scope of beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act. This significant regulatory shift exempts all U.S. companies and U.S. persons from BOI […]
BASF Coatings Launches Sustainability Target Framework
BASF Coatings has implemented its Sustainability Future Target Picture, a framework designed to guide sustainable practices across the coatings industry. The initiative focuses on six key action areas aimed at transforming the company’s approach to sustainability. “Our Sustainability Future Target Picture is not just a concept; it’s a call to action for everyone in the […]
ABPA Research Finds Rising Collision Repair Costs Impact Consumers
The Automotive Body Parts Association (ABPA) has released a new research report titled High Costs, Hard Hits: The Consumer Struggle with Rising Collision Repair Prices. The study, conducted in partnership with Depth Services, examines how consumers are affected by increasing vehicle repair costs and limited access to affordable replacement parts. According to the report, over […]
IRC Reseach Finds Auto Insurance Affordability Better Than Mid-2000s Despite Recent Premium Increases
A new study by the Insurance Research Council (IRC) finds that despite recent premium increases, auto insurance remains more affordable relative to household income than it was in the mid-2000s. According to the IRC study Auto Insurance Affordability: Countrywide Trends and State Comparisons, U.S. households spent approximately 1.51% of their income per vehicle on auto […]
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