Patrick 2Q Sales Grow 49%; Earnings Climb 64%

Elkhart, Ind.-based supplier Patrick Industries Inc. reported a 49% increase in sales for its second quarter while net income soared 64%. Net sales totaled $604.9 million from $407.1 million in the same quarter of 2017. The increase was attributable to industry growth, acquisitions, geographic expansion efforts, and market share gains. Patrick reported net income of […]

‘LKQ Corp.’ Reports Record Revenue During 2Q

Chicago-based LKQ Corp., parent of distributors Keystone Automotive and NTP-STAG, today (July 26) reported record revenue for the second quarter of 2018 of $3.03 billion, an increase of 23.3% as compared to $2.46 billion in the second quarter of 2017. For the second quarter, parts and services organic revenue growth was 7.2% and acquisition revenue growth […]

Basecamp X-Package Built For Off-Road RVing

  Airstream, Inc. has introduced the all-new Basecamp X-package offering premium features to enhance customer experience. According to a press release, Basecamp X offers is equipped with features and accessories that increase departure angle and durability for more all-terrain use. The unit also offers a convertible rear space that was designed to easily adapt for eating, […]

Report: EU Strikes Deal With Trump over Tariffs

The European Union appears to have won a big trade-war ceasefire with the U.S. for a small price — at least in the short term. In return for a pledge by U.S. President Donald Trump to suspend the threat of an extra tariff on European cars, the EU reheated proposals to bolster transatlantic economic ties […]