Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and transmissions. On this February morning, though, the suburban …
According to a 1999 study commissioned by the Alliance of American Insurers (AAI), if you were to build a $25,000 vehicle using only Original Equipment Manufacturer (OEM) parts, it would cost you over $100,000. When repairing vehicles damaged in accidents, …
Michigan Gov. Rick Snyder vetoed legislation Thursday that he said would have unfairly and artificially restricted competition in the car parts industry, raising the cost of auto repairs and insurance premiums. The bill, HB 4344, which won approval on 86-23 …