April 2016

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The Locator Magazine

ACE And MCI Cores Merge

Automotive Commodity Exchange (ACE) and MCI Cores (MCI) announced they have signed a definitive merger agreement. This agreement combines the collection, harvesting, and distribution of “big” automotive cores and commodities processed by ACE with that of the “small” automotive cores and commodities processed by MCI. Big automotive cores includes engines, transmissions, transfer cases and rear ends while small automotive cores includes complex electrical, A/C, brakes, rotating electrical and hydraulics.

2015’s PARTS Act Being Considered Again

The Promoting Automotive Repair, Trade and Sales Act or PARTS Act is getting new legs in Congress. A hearing was held in early February by Rep. Darrell Issa (R-CA), the chairman of the House Judiciary Subcommittee on the Courts, Intellectual Property and the Internet.

Automakers Killing Off Small Models

Small passenger cars are taking a backseat to other models. According to an article in the Detroit Free Press, many automakers are stopping production on certain passenger cars due to falling gas prices and the increasing popularity of higher-riding crossovers.

Plant A Tree For Earth Day

The organizers from the Earth Day Network (www.earthday.org) announced the theme for Earth Day 2016 is Trees For The Earth. The goal is to plant 7.8 billion trees, one tree for every person on the planet, by its 50th anniversary - which is in five years.
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