According to University of Michigan Survey, stock market declines have consumers uneasy about prospects for economy. Low inflation critical for maintaining confidence. Consumer confidence remained largely unchanged, as the January reading was just 0.6 percent below December’s level, according to the University of Michigan (U-M) Surveys of Consumers. The small downward revisions were due to […]
CAPA Announces Technical Committee Election Results
The Certified Automotive Parts Association (CAPA) announced the election of Alan Bush – ALD and Associates; Jim Fisher – PBSI-DS; Bob Guzdziol – K.S.I. Trading; Don Hill – State Farm; Jim Horner – USAA; Jim Miras – Micro Rim Corporation; Mark Sanders – Caliber Collision Centers; and Chad Sulkala – Allstate to CAPA’s Technical Committee. […]
Mike Anderson Returns to the NORTHEAST Trade Show
Advice’s Mike Anderson, returns to the Northeast market thanks to the Alliance of Automotive Service Providers of New Jersey (AASP/NJ), presenting two seminars at the 39th Annual NORTHEAST 2016 Automotive Services Show, held March 18-20 at the Meadowlands Exposition Center in Secaucus, N.J. In “Positioning Yourself in the Collision Repair Industry,” occurring on Friday, March […]
Nagy’s Collision Centers Hosts Leadership Symposium
Nagy’s Collision Centers based in Orrville, OH is holding a Leadership Symposium on Wednesday, February 24th at The University of Akron Wayne College’s Student Life Building. Nagy’s hosted Leadercast, also known as Chick-Fil-A Leadercast, from 2011-2014. Last year they decided to break away from the traditional simulcast program and move towards a more intimate day […]
Consortium to Trial Driverless Cars on UK Roads
Sajid Javid MP, Secretary for Business, Innovation and Skills announced that the MOVE_UK project, which is led by Bosch, will receive a £5.5 million ($7.9 million) grant awarded by Innovate UK to support a trail of driverless technology in real world conditions on roads in Greenwich, London. Alongside Transport Research Laboratory (TRL), UK project partners […]
IIHS Reports Automatic Braking Reduces Rear-End Crashes 40%
According to the latest edition of the Insurance Institute for Highway Safety Status Report, if all vehicles had been equipped with autobrake, there would have been at least 700,000 fewer police-reported rear-end crashes in 2013. That number represents an overall reduction of 13 percent in police-reported crashes. IIHS conducted its first study of the feature’s […]
Solera Reports Second Quarter Revenue Up 9%
Solera Holdings, Inc. (SLH) reported results for the second quarter of fiscal year 2016. Revenue for the second quarter was $308.0 million, a 9.0 percent increase over the prior year revenue of $282.7 million. On a constant currency basis, revenue for the second quarter increased by approximately 16.3 percent over the prior year second quarter […]
FTC Settles with GM and Two Dealer Groups over Failure to Disclose Unrepaired Safety Recalls
General Motors (GM), Jim Koons Management and Lithia Motors Inc. have agreed to settle separate Federal Trade Commission administrative complaint allegations that each touted how rigorously they inspect their cars, yet failed to disclose that some of the used cars they were selling were subject to unrepaired safety recalls. Jim Koons Management, which has 15 […]
I-CAR Names New Training Program Coordinator
Mark Czvitkovits, I-CAR Australia CEO, announced the appointment of Gary Wood as Training Program Coordinator for Gold Class and Industry Training Alliance programs across Australia. Czvitkovits said, “Gary Wood has joined I-CAR’s staff and will operate from the office in Thomastown, Victoria. Gary has extensive experience at both the repair level and education level of […]
KBB Reports January New-Car Sales Down 3 Percent Year-Over-Year
Sales impacted by Blizzard on East Coast. New-vehicle sales are expected to decrease 3 percent year-over-year to a total of 1.12 million units in January 2016, resulting in an estimated 17.1 million seasonally adjusted annual rate (SAAR), according to Kelley Blue Book, the only vehicle valuation and information source trusted and relied upon by both […]
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