July 2017

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The Locator Magazine

Self-Driving Cars Could Sink Collision Repair Revenue by 2030

According to a new report from the KPMG U.S. Manufacturing Institute Automotive Center (www.kpmg.com/us), original equipment manufacturers (OEMs) will see a substantial dent in their lucrative collision parts business as a result of self-driving cars. In fact, KPMG projects that OEM collision repair revenue, which was $5.6 billion in 2015, could drop to $2.7 billion by 2030 and dwindle to $1.4 billion by 2040.

Battery Recycling Expected to Reach $11.83 Billion by 2022

According to a report published by Research and Markets, a global marketing research firm, the the global battery recycling market is projected to reach $11.83 billion by 2022, growing 6.5 percent between 2017 and 2022. The report attributes the growth of this market to the growing output of spent batteries from the automotive and industrial sources.

Spend Your Tax Return On A Classic Car Investment Fit For The Whole Family

Recent trends in the classic car market have illustrated that returns on investments are better than ever with sales at the high end of the market offering up to a 500 percent ROI for smart investors. Trends are heating up at the entry level end of the market with more modest cars beginning to appreciate in value. Our experts have some suggestions as to how you can invest your tax money in something tangible that you can enjoy with your family for years to come - an entry-level classic car.

Classic Muscle Cars That Are Easy to Restore

Restoring a classic car or truck is a labor of love. And, just because you find your dream car, doesn’t mean it will be a dream to restore. Obtaining restoration parts for repairs can cost more than your classic will ever be worth. But, starting with certain classics can make the job easier.
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The Locator Magazine July 2019
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