BOSTON--(BUSINESS WIRE)--The latest Strategy Analytics assessment of the market for automotive electronics systems finds that overall demand will plunge at least 8% in 2020, with falls of up to 15% over 2019 levels possible if recovery does not begin soon.…
SANTA MONICA, Calif., April 30, 2020 /PRNewswire/ -- The car shopping experts at Edmunds say that April will be a record down month for the auto industry due to the coronavirus (COVID-19) pandemic, forecasting that 633,260 new cars and trucks…
"The 2020 Virus has abruptly introduced a new ‘friction’ into business interactions: social contact. Americans are changing their expectations of how business should be conducted. Repair outlets must adapt to the new normal of social distancing. "How well repair outlets…
WASHINGTON, D.C. - This week, the U.S. National Highway Traffic Safety Administration (NHTSA) released a report highlighting options to work around 12 Federal Motor Vehicle Safety Standards (FMVSS) that pose as barriers to deploying autonomous vehicles. Per Politico, “The report…
From Tekmetric Wondering how the auto repair industry is doing right now? We were too, that’s why we’ve been monitoring the TM500. What did we learn? The Tekmetric-500 shows that while business is continuing at a steady pace for most…
From AAA As gas prices continue to push cheaper across the country, only one dozen states carry an average of $2/gallon or more. Today’s national average is $1.77, which is four cents less than last week, 28 cents cheaper than…
Annual vehicle sales pace in April is expected to finish near 7.5 million, down significantly from last month's 11.4 million and far below last April's 16.5 million level. April sales volume is expected to fall 53% from April 2019 and…
From Aftermarket Matters LAKEWOOD, Wash.—A panel discussion with ASA Northwest members, moderated by Carm Capriotto of Remarkable Results Radio Podcast, will discuss today’s business opportunities in the present pandemic, followed by a question-and-answer session. It will take place Thursday, April…
From Aftermarket Matters IRVINE, Calif.—CarMD.com Corporation has released its 2020 CarMD Vehicle Health Index, marking 10 years since the first annual release of the report on check engine light-related repairs, costs and trends. The April 2020 report includes a year-over-year…
"The 2020 Virus is a 'Black Swan' event (see N. Taleb’s The Black Swan) that will have immense consequences for the aftermarket during 2020 and for many years ahead. Vehicle sales in the U.S. are one of the first business…
