LKQ’s Europe Margin Halved in a Year, and the CEO Left Before the Earnings Call
LKQ said on October 23 that its European segment earned an EBITDA margin of between...
Car Repair
Diesel Is Up $2.51 a Gallon and AI Is Leading the Layoff Charts. Anyone Who Has to Drive to Work Is Getting Squeezed
Fuel up 41 to 69 percent, AI the top-cited reason for layoffs, hiring nearly flat: every cost of keeping a…
One in Five Families Fell Behind on a Loan Last Year. The Poorest Are Giving Up Their Cars.
The Fed's new survey shows car ownership among the poorest families at a 20-year low, while lenders chase weaker credit…
Mavis Owes Pennsylvania $215,000 Over Alleged Unnecessary Repairs. You Don’t See a Dime Unless You Complain by Jan. 26.
Mavis Discount Tire agreed to pay Pennsylvania $215,000 over alleged unneeded and unfinished repairs. Only drivers who complain by January…
Texas Restoration Shop Owner Got 60 Years for Theft. His Appeal Says 28 Customers Had Contract Disputes.
Richard Finley's 60-year theft sentence in Galveston County, Texas, rests on a law that adds many customers' losses into one…
Allstate Added 708,000 Auto Policies Without Adding Premium. That Arithmetic Has to Land Somewhere.
Allstate's auto book grew by 708,000 policies and $39 million in quarterly premium, because the average premium fell 3.6%. Meanwhile…
The Service Bay Pays Your Dealer’s Bills. AutoNation Just Warned It’s Slowing Down.
AutoNation's stock fell 10.5% after a cautious investor talk. The real story is the service bay that earns half of…
Land Rover Blamed a Chip. Its Newest Recall Quietly Changes the Story.
Jaguar Land Rover has added 23,677 vehicles to a safety recall it filed five months...
1,043 Radiators, Declared at $5.54 Each. The Parts Weren’t Fake — the Importer Was.
CBP seized 1,043 automotive radiators in Norfolk that were imported on a stolen American identity and declared at $5.54 each.…
There’s a Wedge of Plastic in Your Windshield Whose Entire Job Is to Fool Your Eyes
A modern windshield is a restraint component, an optical instrument and a sensor mount. One layer inside it is deliberately…
Why Americans Keep Cars Longer: Prices, Loans and Repair Math
There used to be a moment every car owner recognized. The odometer rolled past six...
Honda’s Cost Overhaul Explained: What It Means for Future Hybrids and Repairs
Honda Already Told You It Was Coming for Supplier Costs. It Just Used Nicer Words....
Vehicle Data Access In Congress: What The REPAIR Act Fight Means For Repair Bills
The Fight Over Your Car’s Data Is Really A Fight Over One Word: Telematics Ask...
Clark Howard Just Killed His Famous Car-Repair Rule — And Blamed the Wrong Culprit
For the better part of two decades, if a mechanic’s estimate crossed half of what...
Advance Auto Parts’ Profit More Than Tripled. Its Actual Business Barely Grew At All.
Advance Auto Parts wants you to believe it turned a corner last quarter. Net income...