Data Did You Know: The pace of inflation in motor vehicle parts is slowing down. Prices are still going up, just not as fast as they were before. In January 2023, the CPI for Motor Vehicle Parts and Equipment rose 8.3% over January of 2022. That compares to December’s gain of 9.9%.
Before that we had 14 consecutive months with double-digit price increases. The chart below shows the change over the previous 12 months.
The campaign aims to raise $65,000 through 1,000 donations of $65 each.
The Automotive Aftermarket Charitable Foundation (AACF) announced the launch of its 65th-anniversary fundraising initiative. Running through July 1, 2024, the campaign aims to raise $65,000 through 1,000 donations of $65 each. This impactful effort highlights the industry's commitment to taking care of its own, the AACF said.
From sudden illness and death to natural disasters, the foundation has provided assistance to industry professionals and their families during their darkest hours. As AACF celebrates its 65th year of service, it remains steadfast in its mission to provide financial support and resources to those in the automotive aftermarket industry in need, the organization said.
You can get a good idea of what to expect by adding the official ASE practice tests to your study plans.
Grew company from small machine shop to global leader in car lifts and garage equipment
AACF will be announcing more details about this commemorative fundraiser April 1st.
The program features new signage, marketing support and shop operations assistance.
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The 2024 AAPEX Show will take place November 5-7 in Las Vegas.
Grace Hovis’s journey in the industry blends tradition and innovation.
ShopOwner includes valuable business management and technical editorial content.
