By converting to the ESOP, the 68-year-old, family-owned company will be 100 percent-owned by its nearly 1,500 employees.
Aftermarket Matters
Industry veteran Todd McGowan leverages background in luxury vehicle repair and auto body technology.
Body shops can show consumers differences among carriers and what sets them apart.
Headwinds in the EV segment appear to have prodded the Detroit 3 to decelerate their medium-term EV target.
From now through Dec. 15, Federated will be giving away limited-edition Federated 1963 Volkswagen van diecast collectibles.
Initiative addresses low performance due to battery degradation and loss of battery capacity, will be evaluated in Southern California before nationwide rollout.
There were 1,001,967 vehicle thefts nationwide in 2022, which equals about two stolen vehicles every minute.
