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I-CAR encourages high school seniors to join industry with #collisiondecision

Many students have skipped the pressures of this month’s “Decision Day” by choosing a skilled trade to go into, avoiding possible financial aid delays and concerns about their future along the four-year college degree path, [...]

2024-05-25T09:09:33-04:00May 25th, 2024|RDN News Feed|

Focus Advisors: Investors continue to flock to collision industry, many with deeper pockets

A newly released Focus Advisors report outlines how acquisitions in the collision repair industry are evolving from smaller equity firms that previously faced higher risks, to larger investment firms with deeper pockets. Departing investors held [...]

2024-05-25T09:09:03-04:00May 25th, 2024|RDN News Feed|

UPDATED: S&P research finds 70% of vehicles on the road are over 6 years of age

More than 110 million vehicles in the U.S. are between six and 14 years of age, reflecting nearly 38% of the fleet on the road, and that’s expected to continue growing to an estimated 40% [...]

2024-05-25T09:08:32-04:00May 25th, 2024|RDN News Feed|

Digital channels critical for insurance service and shopping, according to J.D. Power

With auto insurance rates higher than ever and more consumers in the market shopping for policies than ever before, digital channels have become a critical component of the overall auto insurance shopping and service experience, [...]

2024-05-25T09:08:01-04:00May 25th, 2024|RDN News Feed|

BMW i Ventures invests in cloud simulation company for engineering tasks

BMW i Ventures announced Wednesday its investment in Simr, a cloud simulation company that provides a platform for using any compute resources with any simulation tool, according to a press release.  The investment enhances the [...]

2024-05-25T09:07:30-04:00May 25th, 2024|RDN News Feed|

Anderson says beware of ‘false sense of security’ in business as market trends change

If you’re measuring the success of your business on gross dollars earned you’re giving yourself a false sense of security, according to Mike Anderson, Collision Advice president and owner. Anderson held a class May 17 [...]

2024-05-23T08:20:14-04:00May 23rd, 2024|RDN News Feed|

Ford pauses dealership EV certification program about a month away from implementation

After two years of active encouragement, Ford Motor Co. is suspending its electric vehicle (EV) certification program for dealerships after rolling back requirements late last year, according to The Detroit News.  Ford told dealerships in [...]

2024-05-23T08:19:43-04:00May 23rd, 2024|RDN News Feed|

Lawsuit alleges mother’s death caused by improper repairs on totaled vehicle

A lawsuit has been filed against a rental company, auto auction company, used car retailer, manufacturer, and body shop in the death of a Florida woman. The complaint, filed in Broward County Seventeenth Judicial Circuit [...]

2024-05-22T14:25:28-04:00May 22nd, 2024|RDN News Feed|
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