Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from the company Jim Farley, currently chief operating officer, becomes president and CEO of Ford effective Oct. 1. He was also…
"Despite the surge in off-lease vehicles during 2020, used car and light truck prices are rising. Used vehicle prices have climbed substantially during the last several months, contrary to the expectations of many analysts at the beginning of the year.…
The Detroit Free Press has released "a list of recommended used vehicles that fit the criteria of safety, reliability and affordability is divided into 'best' and 'good' categories." READ MORE And now take a quick look ... Best Choices…
From the Small Business Administration The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employee retention criteria are met, and…
From Car Care Council Brake Safety Awareness Month in August is the perfect time to have your brakes checked to make sure they are in safe working condition before summer ends and the school year starts, says the non-profit Car…
From AAA On the week, the national gas price average held steady at $2.18 as the majority of state averages saw minimal impact at the pump. With the exception of a few outliers – Florida (+10 cents), Utah (+10 cents)…
From USA Today The U.S. National Highway Traffic Safety Administration has issued recalls for July 16 through 23, including a Dodge recall involving 925,239 units and a Hyundai recall involving 272,126 units. See the list of this week's car recalls…
Annual vehicle sales pace in July forecast to be 13.3 million, down from 16.9 million in 2019. Sales volume expected to fall 19% from year-ago levels, finish near 1,130,000 units. Industry's recovery is slow but remains on track with third…
COLUMBUS, Ohio -- July 30, 2020 /PRNewswire/ -- The COVID-19 pandemic has had a dire impact on American's plans for retirement. More than a third of Americans (38%) say their retirement plans have been impacted, most commonly, because they will…
Citing COVID-19, the Automotive Service Association of Florida has postponed its Foundations Training & Trade Expo to 2021.
"Do-It-For-Me (DIFM) vehicle repair soared by more than $12 billion in products between 2013 and 2018, but instead of sparking service bay growth, the number of light vehicle service bays declined across the U.S." "Despite the loss of 8,000 service…
From Aftermarket Matters IRVINE, Calif.—CarMD.com has released its 10th annual state ranking of check engine light-related car repair costs, which finds in 2019 Vermont had the lowest average repair cost ($342.14) while California drivers incurred the highest average repair cost…
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Research shows that 63% of U.S. consumers are open to changing their current auto insurance policy for one with a telematics-based premium, according to a new report jointly published today by Cambridge Mobile Telematics, the world's leader in mobile telematics, and…
ERIE, Pa., July 28, 2020 /PRNewswire/ -- Your summer vacation plans probably look a little different this year. For many families, that may mean skipping the airport and loading up the car for a family road trip. If you're planning a trip…
If you’re feeling the summer heat, so is your car’s battery.
Only you can protect your family or yourself from defective or noncompliant vehicles or equipment that could pose a threat to your safety.
As COVID-19 case numbers surpass 4 million, demand for gasoline is weakening across the country.
As automotive businesses have navigated the pandemic and prepared for a return to “normal” business, many have spent time improving their facilities, from painting and organizing to implementing new processes. But one area that many collision repair facilities overlook on…
