Class action certification has been denied for a Massachusetts lawsuit that alleges two insurers refuse to pay third-party claimants for the diminished resale value of their vehicles that are repaired post-collision. The suit combines two [...]
A record number of Americans are expected to travel this weekend ahead of the July 4 holiday, according to AAA projections. Among those traveling 50 miles or more away from home, an unprecedented 43.2 million [...]
Ahead of the July 5 closure of public comment on the U.S. Environmental Protection Agency (EPA)’s proposed light- and medium-duty vehicle emissions rules, Alliance for Automotive Innovation (Auto Innovators) President and CEO John Bozzella wrote [...]
Despite posting a historically poor loss ratio, private insurers wrote a record number of premiums during Q1, according to a newly-released S&P Global Market Intelligence report. According to S&P’s analysis, premiums rose $7.4 billion during [...]
In the Insurance Institute for Highway Safety (IIHS)’s latest moderate overlap front crash test on five small crew cab 2022 pickup trucks, none earned a good rating. The Nissan Frontier rated acceptable, Ford Ranger marginal [...]
As many automakers double down on electric vehicles (EVs), other OEMs including Hyundai are continuing to diversify their strategies by tapping into alternative fuels like hydrogen. Hyundai revealed this week that it hired automotive veteran [...]
Samsung’s semiconductor business is partnering with global software company Wind River to “accelerate the software designed vehicle,” in the latest in a series of tech-related collaborations within the automotive space. The companies are partnering to [...]
A recent survey by MarketWatch of 1,000 Americans found more than 36% would only be able to pay $500 without taking on credit to foot the bill. According to a survey by AAA, that figure [...]
Aston Martin says it’s partnering with Lucid to create the world’s “most thrilling and highly desirable electric performance cars” as the industry’s battle to gain electric vehicle (EV) market share rages on. In announcing the [...]
Lordstown Motors Corp. has filed Chapter 11 bankruptcy and a lawsuit against Foxconn for its alleged failure to hold up to its commercial and financial commitments to the commercial vehicle fleet startup. In December, Lordstown [...]
