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Chassis Liner buys lift manufacturer
Chassis
Liner Corporation, a manufacturer and direct seller of frame equipment,
has purchased the assets of a Canadian company, Chart Industries, which
manufactures frame straightening and measuring equipment and collision
repair accessories. The Canadian company recently introduced a "twin
lift" system that Chassis Liner Vice-President Bob Olson called
"revolutionary." The new company will operate as ChartLiner, a division
of Chassis Liner, from offices in Pickering, Ontario Canada. Phone is
905-839-1160.
Keystone automotive industries reports Q4 net sales increase
Keystone
automotive, the largest nationwide supplier of aftermarket crash parts
and wheels, said its net sales for the fourth quarter of fiscal 2001
were $97 million, which was higher than $92.4 million in sales for the
same period last year. Same store sales increased 4.7 percent for the
fourth quarter of fiscal 2001, as compared to the prior year and were
up 6.5 percent for the month of March compared to the prior year. Same
store sales continued their positive trend during April and May 2001.
The 50+ year-old company was hit hard by the State Farm non-OEM parts
verdict in late 1999 which led to the bottom falling out of the
aftermarket crash parts business. In rebuilding sales, Keystone has
emphasized high quality aftermarket parts and implemented a "Platinum
Plus" program under which the fit, finish and quality of its best
aftermarket parts are guaranteed for life.
Activist repairers visit congressman to discuss 1963 consent decree
Members
of the Pennsylvania's Collision Trade Guild, all of whom are also
activists with ConsentDecree.com, a national industry group dedicated
to enforcement of the 1963 Consent Decree that would prohibit insurance
industry steering and DRP practices, traveled to Washington D.C. to
meet with Congressmen Curt Weldon and Bob Brady.
"It
is significant to say our visit was well received as both Congressmen
Weldon and Brady had no knowledge of our industry's problems and
promised to help us in any way possible," the committe said in a press
release. "When we explained the situation of our marketplace and the
conditions independent collision repairers must work through to
properly repair consumer's damaged vehicles our legislators responded
with sincere concern. Congressman Weldon especially, offered ideas and
strategies plus provided our community the help of his legislative aid."
Aftermarket group fights legislation to scrap older vehicles
According
to a Legislative Alert issued by SEMA, the automotive aftermarket
industry organization, a California bill (A.B. 1390) that would allow
carmakers to crush pre-1970 vehicles in exchange for credits toward
their obligations under the state's Zero Emission Vehicle (ZEV)
program, has passed in the California Assembly and now moves to the
Senate. SEMA is urging its members to oppose the bill which reportedly
would provide credits of $2,500 or more to people who surrender their
pre-1970 vehicles to be scrapped.
The following issues are being raised by SEMA in opposing the bill:
* It ignores the fact that lower income car owners often cannot afford
to purchase new or even newer used vehicles with the money provided by
this program.
* It fails to recognize that pre-1970 cars are typically second or third vehicles and, therefore, are rarely driven.
* It provides no way to verify emissions reductions from destroyed vehicles.
* It has no provisions for rescuing parts for repair and restoration projects.
* It provides flexibility to auto manufacturers at the expense of hobbyists.
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