Rotary Lift has expanded its Mach Flex powered by RedFire remote-controlled mobile column lift line-up to include the MCHF13 FLEX. This smaller Mach Flex lift provides 13,000 lbs. capacity per column, … Read Full Article
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Genuine Parts Company Acquires Hennig Fahrzeugteile Group in Germany
Hennig has 31 branches in Germany. The Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business.Alliance Automotive Group (AAG), GPC’s wholly-owned automotive distribution company based in London, U.K., has … Read Full Article
Aftermarket Applauds FTC’s Compliance Warning to Hyundai on Warranty Requirement for OEM Parts
On April 9, 2018, the Federal Trade Commission (FTC) issued a “compliance warning” to Hyundai Motor Company regarding violations of the Magnuson Moss Warranty Act (MMWA)’s prohibition against tie-in sales of branded products and services as a condition of … Read Full Article
Universal Technical Institute Reports Revenue Down 4.4% in Fiscal Second Quarter
Universal Technical Institute, Inc. (NYSE: UTI) reported financial results for the fiscal 2018 second quarter ended March 31, 2018.Revenues for the quarter were $80.7 million, compared to $82.5 million for the prior year period. The year-over-year revenue … Read Full Article
NATEF and AYES Merge to Form ASE Education Foundation
Effective January 1, 2018, the National Automotive Technicians Education Foundation (NATEF) and the Automotive Youth Educational Systems (AYES) have merged to become the ASE Education Foundation.“The new combined organization will take advantage of the … Read Full Article
ASA Calls for Opposition to Missouri Anti-Vehicle Safety Inspection Legislation
Association opposes Missouri House Bill 1444 According to the Automotive Service Association (ASA) on February 7, the Missouri House Transportation Committee held a hearing to address House Bill (HB) 1444 that would repeal Missouri’s vehicle safety inspection … Read Full Article