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…
On the week, the national gas price average decreased by a nickel pushing the year-over-year savings to $1.03/gallon. Today, 20 states have pump price averages that are $1/gallon or more cheaper compared to last year, with another dozen states within…
WASHINGTON, D.C. – Working with the Treasury Department, the Internal Revenue Service today unveiled the new Get My Payment with features to let taxpayers check on their Economic Impact Payment date and update direct deposit information. With an initial round…
From AMi What you do when things slow down will determine how competitive you are when things come back. We want to encourage everyone to advance their skills and knowledge during this downtime so we're making Proactive Customer Service FREE…
"Two forces drive light vehicle U.S. aftermarket product volume: the number of cars and light trucks on the road, and aftermarket product use per vehicle. "Over the past ten years, the source of aftermarket product growth has shifted due to…
SCOTTSDALE, Ariz. — April 14, 2020 — TechForce Foundation announces the 2020 FutureTechs Rock Awards Grand Prize winner is Griffin Howland, a senior in high school attending Pickens County Career and Technology College, in Liberty, S.C. As a nonprofit dedicated…
From AAA The national gas price average has steadily declined for seven weeks, pushing the average cheaper by 61-cents to $1.86 today. During this timeframe (since late February), U.S. demand for gasoline has decreased 44% to 5 million b/d as…
From electrek Auto industry analysts are predicting that sales of electric vehicles will suffer badly due to the pandemic. But it’s not the first time that legacy industry sources have written off EVs. However, a new UK survey suggests that…
From Consumer Reports As cars sit unused and household budgets tighten, drivers may have new ways to save money on their car insurance policies. Personal vehicle travel in the U.S. is down nearly 50 percent compared with typical traffic volume, according to…
"Millennials (Americans born between 1980 and 2000) are the largest generation in U.S. history. Sharing is a core value of the Millennial generation and a primary motivation for much of their behavior. "Millennials’ interest in sharing has shaped their view…
The world has been turned topsy-turvy for automotive industry business leaders due to COVID-19. As I listen and watch reactions, commentary and observe new logistical and marketing strategies emerge, I am both heart-warmed and…
BEDFORD, N.H.--(BUSINESS WIRE)--ValChoice, an insurance data analytic company and consumer advocate, today released a special market report titled “COVID-19 Windfall Profits Estimated at $100B for Car Insurers.” In the report, ValChoice estimates that insurance companies could realize $100 billion in…
A new training resource is now available at no-charge, as auto repairs shop owners and others are looking for ways to survive - and succeed - during the challenging days of the COVID-19 pandemic. It's basically the same CTI/WTI classes…
