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MaaS AV body structure concept touts better passenger safety, lighter battery carrier frame

The results of a global steel industry initiative aimed at developing the world’s first fully autonomous, electric vehicle (EV) body structure concept for ride-sharing were unveiled last week by WorldAutoSteel. The project, called Steel E-Motive, [...]

2023-08-08T13:35:01-04:00August 8th, 2023|RDN News Feed|

Importance of following OEM refinishing procedures highlighted – Repairer Driven News

Jeff Wildman told Repairer Driven News that it's imperative for everyone in the collision repair industry to review OEM procedures for a vehicle's ...

2023-08-08T13:33:56-04:00August 8th, 2023|SCRS News Feed|

Driven Brands stock plummets, 2 firms allege violation of federal securities laws

At least two investigations have been launched against Driven Brands over alleged violation of federal securities laws while its stock reached an all-time low of $16.05 when shares plummeted 37.55%. Wolf Popper and Holzer & [...]

2023-08-05T13:33:57-04:00August 5th, 2023|RDN News Feed|

Hyundai, Kia to integrate AI into future models under new investment

Hyundai and Kia will invest $50 million into a Canadian artificial intelligence (AI) semiconductor company in order to integrate AI into future models, the companies announced on Wednesday. Hyundai said the investment in Tenstorrent will [...]

2023-08-05T13:33:26-04:00August 5th, 2023|RDN News Feed|

Allstate reports $14B in earnings, says auto premiums will continue rising

Allstate said it remains focused on improving profitability and will continue raising auto premiums as it reported nearly $14 billion in earnings during its Q2 earnings call. The earnings represent a 14% year-over-year jump from [...]

2023-08-03T13:34:54-04:00August 3rd, 2023|RDN News Feed|

CCC: Number of claims rebound, driving up cycle time & increasing need for AI

CCC Intelligent Solutions said Wednesday cumulative annual cycle time across 26 million automotive claims last year added up to 2 billion days, up 1 billion over 2021. The metric was first measured by CCC in [...]

2023-08-03T13:34:23-04:00August 3rd, 2023|RDN News Feed|
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