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Back-and-forth bids escalated to near nose-bleed levels on the 1964 Ford Fairlane at the recent Barrett-Jackson’s 4th Annual Las Vegas auto auction. Boldly painted in the striking “Red Hot Chili Pepper” hue from the Sherwin-Williams® Planet Color® Barrett-Jackson® Collector Color Series, the car was the top-selling vehicle of the event, garnering $700,000 – and all going to one, very important charity.

The winning bidder showed his gratitude to those serving in the American military and their families, with one-hundred percent of the sale’s proceeds benefiting the Armed Forces Foundation, a national non-profit organization that provides support for wounded service members and their families, through Project American Heroes. Additionally, Barrett-Jackson waived its commissions on the sale, as it has on all charity sales in recent years.

“Our men and women in uniform are on the front lines every day, and their families are continually called upon to put others first. We at Barrett-Jackson feel strongly about this incredible group of people and amazing charity, and that’s why I am willing to give up one of my prized possessions to show how thankful I am,” said Steve Davis, President of Barrett-Jackson, and (previous) owner of the Fairlane.

The U.S. House of Representatives has passed legislation that delays for 15 months toxic air standards for industrial boilers. H.R. 2250, the EPA Regulatory Relief Act of 2011, aims to protect hundreds of thousands of jobs by providing the U.S. Environmental Protection Agency with additional time to reconsider and improve proposed boiler rules. In addition, this will extend the time period for the industry to comply with these rules.

The proposal, which directs the EPA to develop achievable standards affecting non-utility boilers and incinerators, and grants additional time for compliance with the rules, was offered in response to an influx of urgent calls from small and large employers. Economic analyses have projected that compliance with the rules, as currently proposed, could cost in excess of $14 billion, which places more than 200,000 jobs at risk. The impact of the postponement essentially ensures that businesses do not have to comply with the rule until the EPA pursues further public comment and issues a new and final regulation.

Nissan North America, Inc. (NNA) launched its nationwide Nissan Certified Collision Repair Network at NACE in Orlando. The new certification program is open to both dealer-owned and independent collision shops.

A half decade has passed since we started tracking collision repair organizations that generate repair revenue of $20 million or greater annually. During these past five years we have seen a remarkable amount of change, not only within the collision repair and auto physical damage aftermarket industries, but also with our U.S. and world economies.

Chrysler’s Southeast & Southwest Service & Parts Business Conference was held at the Disney Contemporary Resort in Orlando from October 12 through 14.

Car rental firm Hertz Global Holdings still wants to buy Dollar Thrifty Automotive Group, despite missing a deadline to make a final offer, and is chasing antitrust approval for a takeover of its smaller rival, according to Reuters.

On October 11, Dollar Thrifty said it failed by end-October 10 to flush out any final takeover bids that met antitrust concerns, and planned to go ahead as a stand-alone company.

However, Dollar Thrifty, which has been at the center of an 18-month tug-of-war between Hertz and rival Avis Budget, said it would consider any changes to Hertz’s offer or any other offer that might be made.

“We remain interested in acquiring Dollar Thrifty. We remain focused on receiving an FTC consent decree,” Hertz spokesman Richard Broome told Reuters, referring to the Federal Trade Commission. “That’s the first step in the process.”

Dollar Thrifty is seen as the last big prize in an industry that has consolidated in recent years, but its takeover has been uncertain as this would leave three players dominating more than 90 percent of a U.S. car rental market worth close to $21 billion in 2010. The market leader is privately-held Enterprise.

One of Dollar Thrifty’s biggest shareholders said it was highly likely Hertz would win antitrust approval and would push to get a deal through early. The shareholder asked not to be identified due to the sensitivity of the issue.