The Pulse: Average Number of Repair Orders, Week by Week
In this installment of “The Pulse,” we take a closer look at the state of business today at the repair shop level. In this series we will review rolling month-by-month data for the average number of weekly repair orders (ROs) written at General Repair Shops each month. Utilizing data from IMR Inc., this week we look at the numbers for April 2007 through April 2009.
Polk Data Shows Scrappage Programs Boost Passenger Vehicle Registrations in Western Europe
Similar positive effect expected if U.S. program is approved, according to Polk.
NPD Finds Consumers Beginning to Spend to Keep Aging Vehicles on the Road
Recent NPD report says aftermarket parts sales are encouraging, but future growth in question.
Suppliers’ Request for Additional Government Funds Turned Down
The trade associations requested approximately $8 to $10 billion in financial support, which would be in addition to the $5 billion in financing set up for suppliers by the U.S. Treasury Dept. in March.
Metaldyne Signs Agreement to Sell Powertrain and Other Assets to RHJ International
As part of its May 27 Chapter 11 filing, Metaldyne entered into a letter of intent with RHJI to sell certain portions of Metaldyne’s assets as ongoing concerns.
Financing Option Allows SEMA Show Exhibitors to Extend Payments
Program suspends 43-year rule requiring exhibitors to be paid in full before show time.
Details of Virtual Aftermarket eForum Announced
The Aftermarket eForum will be conducted completely online through a virtual event portal powered by ON24 of San Francisco.
AWDA Reports Highest Conference Registration Levels Since 2005
The AWDA Business and Education Conference will be held Nov. 1 and 2 at The Venetian Hotel immediately prior to the AAPEX show in Las Vegas.
GM to Sell Saab to Swedish Luxury Carmaker
The sale of Saab to Koenigsegg is expected to close by the end of the third quarter and will be funded by a $600 million commitment from the European Investment Bank.
Canadian Tire Corp. to Use Activant eCatalog Solutions at Canadian Tire and PartSource Stores
Retailer/wholesaler introducing integrated Activant PartExpert Suite, Lasercat 3 eCatalog to more than 560 business locations.