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Thursday, 06 August 2020 19:18

AAPEX 2020 to Be Virtual Experience

 AAPEX 2020, scheduled for Nov. 3-5 at the Sands Expo and Caesars Forum Conference Center in Las Vegas, will not be held as an in-person tradeshow event this year due to the current state of the COVID-19 pandemic and related governmental prohibitions and restrictions on gatherings, businesses and travel.

Although forgiveness for Paycheck Protection Program (PPP) loans is a foremost topic on the minds of borrowers and the CPAs who advise them, experts are saying borrowers should not rush to apply for forgiveness.

Seems like a summer of sequels for dealership acquisitions.

Tesla CEO Elon Musk said his electric car company’s headquarters will remain in California for the short term.

Wednesday, 05 August 2020 23:18

NICB: Thousands Left to Rebuild After Isaias

As Hurricane Isaias leaves a path of destruction in its wake, homeowners are left putting their lives back together.

Wednesday, 05 August 2020 22:38

Subaru of America, Inc. Reports July Sales

Subaru of America, Inc. reported 51,458 vehicle sales for July, a 20% decrease compared with record July 2019.

USAA, the country’s fifth largest property-casualty insurer, is returning an additional $270 million dividend to auto insurance policyholders.

BJ Penrod, owner of BJ's Auto Theft and Collision in Denver, CO, was thrilled to learn that he'd entered the winning bid for a private tour of "Jay Leno's Garage."

State senators, by an overwhelming majority, early Aug. 4 advanced legislation that would extend COVID-19 liability protections to Nevada businesses, nonprofits, schools and governmental agencies while also outlining several measures intended to protect hospitality workers.

Wednesday, 05 August 2020 21:06

AGSC Issues Recalibration Guidance

The Auto Glass Safety Council (AGSC) has recently released a checklist for use with vehicles that require an Advanced Driver Assistance Systems (ADAS) recalibration after having an auto glass replacement.

Thousands of auto insurance policyholders in Ohio will soon be paying less on premiums as insurance giant State Farm announces plans to cut rates for drivers in the state by 14.3%.

SEMA, the Specialty Equipment Market Association, announced Aug. 5 that due to COVID-19 and concerns event facilities and services will be unavailable, the SEMA Show will not be taking place in 2020.

Wednesday, 05 August 2020 16:58

On the Lighter Side: Old Presidential Cars are Destroyed by Explosives to Preserve their Secrets

Written by Andrew Pourciaux, The Vintage News

What happens to presidential cars when they’re decommissioned? When it finally runs out of value for anyone?

U.S. auto sales are looking up for the first time since the coronavirus pandemic shut down many dealerships this spring---at least at Hyundai and Mazda.

It’s been a wild year for digital retailing, but marketers got yet another surprise in June.

This article starts with a big "thank you" to readers of Inside EVs.

While shops throughout the Golden State are coming up with new ways to survive during the pandemic, things are still happening at the Capitol, according to Jack Molodanof, registered lobbyist for the California Autobody Association (CAA), and president of Molodanof Government Relations.

Tuesday, 04 August 2020 20:01

Kitchen Auto Body in Indiana Marks 40 Years

Kitchen Auto Body Specialists is celebrating 40 years in business.

Electric-truck maker Lordstown Motors is becoming a publicly traded company in a deal that will add $675 million to its coffers and boost its valuation to $1.6 billion, the company announced Aug. 3.

Ford has a new frontman in Jim Farley, and the company’s competitive edge in electric vehicle manufacturing may come from the fresh leadership.

This day and age, social media platforms have become one of the biggest, if not the biggest, channels for advertising and reaching target markets.

The New Mexico Office of Superintendent of Insurance (OSI) announced New Mexicans have saved more than $60 million in auto insurance premiums since March 1.

Pennsylvania Gov. Tom Wolf said Aug. 3 residents should follow his universal mask mandate the same way they obey stop signs and wear seat belts. 

COVID-19 sent Sylvia LeRoy, a pregnant nurse working at a Brooklyn hospital in the earliest days of the pandemic, into a tailspin that left her barely responsive in a brain recovery center in Pennsylvania. 

Businesses---but not health facilities---would get immunity from liability for death or injury stemming from COVID-19 if they substantially followed directives aimed at preventing the spread, according to a draft expected to be introduced in the Nevada Legislature’s special session.

A Fresno, CA, businessman offering classic car restoration services to the community under the name West Coast Chassis LLC was recently indicted on fraud charges, announced U.S. Attorney McGregor W. Scott recently.

In a previous column, I shared some best practices shops can use to improve their parts-related processes and profits. Here a few more.

Ford reports better-than-expected results for the second quarter: a net profit of $1.1 billion, which includes a $3.5 billion gain on the automaker’s investment in Argo AI as part of an autonomous-driving technology alliance between Ford and Volkswagen.

Like it was for many retailers in the automotive space, it was a challenging second quarter and first half for Penske Automotive Group’s Used Vehicle SuperCenters due to the COVID-19 pandemic.

U.S. Reps. Filemon Vela (D-TX) and Lance Gooden (R-TX) on July 20 announced the introduction of the Small Business Comeback Act, bipartisan legislation that would create a recovery fund to provide businesses with the support they need to see it through the coronavirus national emergency.

Classic Collision, LLC, an Atlanta-based multi-site repair operator, announced its second acquisition within the past three weeks, by acquiring Imperio Auto Body & Collision Center in Miami.

The auto industry is at the forefront of needing immediate supply-chain transformation.

Volkswagen’s Dieselgate scandal has tarnished the German automaker in more ways than one.

The City of Oshkosh, WI, is receiving a $250,000 state grant to help in the renovation and preservation of the former Gibson Auto Body into a unique gathering space in downtown Oshkosh.

Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., reported net income for the second quarter 2020 of $49.6 million ($2.57 per diluted share) and adjusted net income (a non-GAAP measure) of $48.7 million ($2.52 per diluted share.)

Democrats and Republicans in the California legislature are at odds over enhanced unemployment benefits during the COVID-19 pandemic.

Autel US has announced its new IM608Pro Key Programming Bundle is currently available for pre-order and will ship starting mid-August.

The New Jersey Assembly Appropriations Committee on July 27 voted to release a bill that would require employers of essential employees to pay workman’s compensation costs if an employee contracts COVID-19 on the job.

So many COVID-19 business interruption lawsuits have been filed against insurers across the country that a federal judicial panel has called for a hearing on how to legally process them all.

General Motors Co. burned $7.8 billion in the second quarter navigating the coronavirus pandemic, but the Detroit automaker still beat Wall Street expectations and is hopeful it can pay down debt and generate cash going forward.

LKQ Corporation released July 30 its second quarter 2020 revenue of $2.6 billion, which is down 19.1% year-over-year, according to the company.

Plug-in electric cars used roughly 4.1 TWh of electricity in 2019 in the U.S., which is about 3,000 kWh per year or 8 kWh per day.

General Motors showed new photos July 29 of its all-new Ultium Cells LLC battery cell manufacturing facility in Lordstown, OH, to mark the beginning of steel construction.

ADESA used its Simulcast+ digital auction platform last week to host a 22-site online sale on behalf of The Hertz Corp., selling cars digitally to buyers in 19 states during this single digital auction event.

Emerging trends in claims frequency and driving patterns are giving a number of private auto insurers pause before they commit to additional policyholder credits.

After spending a May day preparing her classroom to reopen for preschoolers, Ana Aguilar was informed the tots would not have to wear face masks when they came back.

MINI USA announced its digital guide for consumers to help them enjoy the ultimate drive-in movie experience.

New Series Kicks off with a Sneak Peek August 3 Featuring A Never Tried Before Dragster Zamboni Build with the Vegas Golden Knights Among Others.

At any point, a piece of technology can go from being discretionary to essential, and in many cases, this is what’s happening now with photo estimating within the collision repair industry.

Tesla’s factories, or at least the land that it acquires for its production facilities, seem to be getting progressively larger with each iteration.

When the Lucid Air hits the market in early 2021, it will employ one of, if not the most advanced suite of driver-assist systems.

The sharp reduction in personal auto claims that followed COVID-19 shutdown orders began to fade away after the Memorial Day weekend, but frequency appears to be dropping again in reaction to a resurgence of the disease.

Universal Achievers Foundation (UAF) was recently recognized by Shelby County (TN) Schools and the Memphis Office of Youth Services (MPLOY) Youth Summer Employment Program for assisting 91 high school interns using the BrightShift virtual learning environment.

On July 27, Senate Republicans announced their plan for another wave of the Paycheck Protection Program as a part of the HEALS Act.

There is a type of plastic called thermoset which is found in products that have to be durable and heat-resistant.

Six trends have been identified in a Cars.com press release that indicate digital auto sales are going to play a significant role.

Tuesday, 28 July 2020 21:39

Cyber Scammers Stay Busy During Pandemic

Phishing is the top COVID-19-related digital fraud scheme worldwide, according to new research from TransUnion’s ongoing Consumer Financial Hardship studies.

Tuesday, 28 July 2020 21:28

Tesla, Franchising and the Bottom Line

Wall Street was bullishly anticipating Tesla’s second-quarter earnings report released July 22.

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