While strong, J.D. Power and LMC Automotive project that new vehicle sales will be down in October from year-ago levels. The new vehicle retail sales pace in October is expected to reach the second-highest level this year, according to a forecast developed jointly by J.D. Power and LMC Automotive. The seasonally adjusted annualized rate (SAAR) […]
Five Las Vegas Families to Receive Car Donations at National Auto Body Council Recycled Rides Presentation
Jorge Hernandez had lost all hope, all dreams, both legs, and use of his hands in a near-death accident. He had been a natural athlete in high school who also found success in business early. He was well on his way to his goal to become a real estate investor. Then the market crashed and […]
FCA US and CCC Share Recall Data with Collision Repair Facilities
Collision repairers receive automatic alert as they write estimates for affected vehicles. More than 50,000 affected FCA vehicles already identified CCC Information Services Inc. (CCC) and FCA US LLC (FCA) announced today they are working together to address vehicle safety, creating a new method for FCA US to identify recalled vehicles and help collision repairers […]
AASP/NJ Elects New Officers
On Tuesday, the Alliance of Automotive Service Providers of New Jersey (AASP/NJ) elected a new slate of officers at the association’s Annual Meeting. Running unopposed, Jerry McNee of Ultimate Collision (Edison) was elected as President, Dennis Cataldo of D & M Auto Body (Old Bridge) was elected Collision Chairman and Keith Krehel of Krehel Automotive […]
Axalta Reports 7% Sales Increase in Third Quarter
Refinish sales down on distributor working capital adjustments and Venezuela deconsolidation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $1.091 billion for the third quarter of 2017 that ended September 30, an increase of 7.0 percent, including 1.9 percent in favorable foreign currency translation contribution. Constant currency net sales increased 5.1 percent in the […]
LKQ Reports 11.7% Revenue Growth for Third Quarter 2017
Organic growth in North America up 4 percent on per day basis. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the third quarter of 2017 of $2.47 billion, an increase of 11.7 percent as compared to $2.21 billion in the third quarter of 2016. Income from continuing operations for the third quarter of 2017 was $122 […]
Edmunds Research Finds Car Buyers Are Ready to Embrace Autonomous Vehicles
According to a new report, nearly two-thirds of new vehicles for sale offer autonomous features, and shoppers are willing to pay a premium for cars equipped with this technology Car shoppers are more ready for autonomous vehicles than they may realize, according to a new report from Edmunds, the car shopping and information platform. Thanks […]
Over 100 Attend Refinish Distributors Alliance Fall Conference
Over one hundred Refinish Distributors Alliance (RDA) members, manufacturer partners, and guests gathered for the 2017 RDA IMPACT Fall Performance Conference at the Westin Cleveland Downtown in Cleveland, Ohio. The event took place over three days, and included a presentation by Don Hobbs of MAPS Business Training on neural linguistics and embedded commands. Hobbs also […]
Spanesi Americas Names Innovative Solutions and Technology as Distributor
Spanesi Americas announced it has named Innovative Solutions and Technology as the exclusive Spanesi distributor in states of New Jersey, New York and the Eastern portions of Pennsylvania. “With the addition of Nick, Todd and the team of Innovative Solutions and Technology, Spanesi is bringing a strong sales, support and customer service presence to the […]
Fix Auto Canada Adds Collision Repair Center to Network in Alberta
Fix Auto Canada announced the addition of a new satellite location to the Fix Auto Canada network in St. Paul, Alberta. Louis Lessard, owner of the Fix Auto location in Cold Lake, AB is excited to expand his operations into the town of St. Paul. The Fix Auto shop in St. Paul will be a […]
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