Auto Recycling eNewsletter AutoSalvageConsultant.com

 

For immediate release – April 2012

Written and published by Ron Sturgeon, autosalvageconsultant.com, email to rons@autosalvageconsultant.com.  To register for future free issues, visit http://www.autosalvageconsultant.com.  Don’t forget to watch for our management articles monthly in Recyclers Power Source Magazine, or posted at our web site.

This Month’s News

LKQ Finishes 2011 with Strong Fourth Quarter, Achieves 23% Annual Earnings Growth: LKQ posted strong year over year earnings growth. From LKQ’s news release: “We completed a successful 2011 with a solid fourth quarter,” stated Robert Wagman, President and Chief Executive Officer of LKQ Corporation. “In 2011, the Company surpassed $3 billion in revenue for the first time, and achieved double digit total organic revenue growth and diluted EPS growth despite the headwinds of high fuel costs, the high cost of salvage vehicles and the reduction in miles driven that we faced throughout the year.” Read the rest of the report on LQK’s financial results.

 

OHIO Automobile and Truck Recyclers (OATRA) Oppose Legislation to Make it Easier to Sell Salvage Vehicles to People Not Licensed As Recyclers: Recyclers joined with consumer advocates and members of law enforcement opposed to a draft bill in the Ohio Senate that would make it easier for total loss vehicles to be sold to the public. Read about the proposed changes to the laws governing the sale of total loss vehicles in Ohio.

 

 

Peer Benchmarking Groups for Yard Owners: Falling margins and new regulatory challenges make it tough for recyclers right now. One way that yards are successfully meeting the challenges is to share best practices and to cooperatively benchmark and do strategic planning. Ron Sturgeon used this technique to grow from one employee to one of the largest auto recyclers in the Southeastern United States. It still works. Join him and select, motivated other yard owners to chart your path to better performance in the metrics that translate into dollars in your pocket. “Come and make this year your best yet!” Register for a peer benchmarking session for recyclers now. Money back guarantee.

 

Las Vegas Teen Accused of Murdering Auto Salvage Worker: 18 and 15-year old have been charged with murder in Las Vegas. They are accused of luring David Zarza, office manager of Quick Response Auto Salvage, to an appointment to buy two cars and shooting him in the back. The motive for the crime appears to be robbery, according to a story about the salvage yard murder on KTNV, the local NBC affiliate’s website.

 

Unleash the Power of Event Marketing to Grow Your Yard! Event marketing aces Ron Sturgeon and Linda Allen to speak at URG Denver Pinnacle Training Conference in Englewood Colorado on April 13, 2012 and to reveal a few of the secrets that are in their new book 409 Low-Cost Events that Will Produce New Clients for Your Business in Any Economy! Register for the recycler conference or buy a copy of the event marketing book.

 

 

The Love Boat Headed for the Scrap Heap: The Love Boat from the ABC sitcom is being sold for scrap after failed several failed attempts to auction it off to pay a repair bill. A Turkish company paid 3.3 million for the 550-ft passenger ship that popularized cruise ship vacations. Full story about the salvage of the Love Boat. Photo credit YouTube.

 

Worlds Biggest Auto Shredder Eats 450 cars an hour: Those crazy kids over at Gizmodo have a story about a monster auto shredder located in Newport, Wales. The LYNXS can consume 450 autos an hour. Check out the pics of monster auto shredder in action.  

 

How’s Business?

“Success – To laugh often and much; to win the respect of intelligent people and the affection of children; to earn the appreciation of honest critics and endure the betrayal of false friends; to appreciate beauty; to find the best in others; to leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition; to know even one life has breathed easier because you have lived; this is to have succeeded.”     Bessie A. Stanley

AutoSalvageconsultant.com was formed in 2001 to help recyclers improve their businesses. The group has become THE definitive source for recyclers’ management and training needs. The founder, Ron Sturgeon is past owner of AAA Small Car World.  In 1999, he sold his six Texas locations, with 140 employees, to Greenleaf.  In 2001, he founded North Texas Insurance Auction, which he sold to Copart in 2002.  In 2009, his book Salvaging More Millions from Your Small Business was published to help small business owners achieve significant success. Ron consults, speaks, and writes about issues key to successful entrepreneurship. Reach Ron at 817-838-8477 or contact him on www.autosalvageconsultant.com.