According to Autodata, U.S. light vehicle sales’ seasonally adjusted annual rate rose year-over-year to 16.9 million units in May, up from 16.8 million units. Despite relatively weak passenger car sales, the growing popularity of pickup trucks and SUVs is maintaining a fair amount of optimism in the auto industry.
During the first 8 days of June, Toyota saw its stock performance rise better than 6 percent, while Ford increased nearly 4 percent.
On the other end of the spectrum, Fiat Chrysler has experienced a rough month, dropping more than 8 percent. Fiat Chrysler held its Capital Market Day on June 1, and gave off uncertainty regarding CEO Sergio Marchionne’s successor.
Enterprise and Tasco Auto Color continue to support the Collision Industry Foundation program at the second highest tier, Urgent Care, for donors that contribute $5,000-$10,000...
The insurance company said it has control of its systems and hasn’t detected any evidence of ransomware or ongoing threat actor activity since the June 7 attack.
The Mountain States Collision Repair Association’s first in-person event features four industry experts and networking opportunities at Downhill Brewing in Parker, Colorado.
