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S&P: Older vehicle parc likely means longer repair backlog

With the average age of vehicles on the road reaching a record high, S&P Global Mobility says the automotive repair industry will likely see additional growth in both damage repair and maintenance work because older cars will be driven [...]

2023-08-15T15:00:57-04:00August 15th, 2023|RDN News Feed|

Boyd CEO says carriers understand paying higher repair costs to better compensate techs

During Boyd Group Services’ Q2 2023 earnings call last week, President and CEO Tim O’Day said the company continues to invest money in technicians, through higher compensation and training — the first of which means [...]

2023-08-15T15:00:25-04:00August 15th, 2023|RDN News Feed|

Small business health insurer says benefits revamp a must in employee recruitment & retention

While employers grapple with stressed recruitment and retention efforts, health benefits remain a major factor in keeping employees, according to health insurer Gravie and Pew Research Center. “Revamping health benefits offerings is one of the [...]

2023-08-15T14:59:54-04:00August 15th, 2023|RDN News Feed|

Ontario taps into Temporary Foreign Worker Program to fill auto repair talent gap

The automotive trades sector in Ontario, Canada had double the amount of job vacancies during the first three months of 2023 than it faced prior to the pandemic, according to a new Motor Vehicle Retailers [...]

2023-08-15T14:59:23-04:00August 15th, 2023|RDN News Feed|

ComEd announces new commercial rate option to accelerate northern Illinois’ EV adoption

Commonwealth Edison (ComEd), the largest electric utility in Illinois, has revealed plans to help accelerate the adoption of electric vehicles (EVs) in northern Illinois as part of a $231 million investment in removing barriers that [...]

2023-08-15T14:58:52-04:00August 15th, 2023|RDN News Feed|

NC DOI rejects Rate Bureau auto insurance rate requests, negotiates lower increases over 2 years

Featured image: North Carolina Insurance Commissioner Mike Causey speaks during the April 12, 2023 Society of Collision Repair Specialists (SCRS) ...

2023-08-11T14:59:11-04:00August 11th, 2023|SCRS News Feed|
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