The U.S. Treasury Department announced Wednesday that it has published an interim final rule that removes requirements for U.S. companies and persons to report beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN) [...]
The University of the Aftermarket Foundation (UAF) has created a scholarship available to 10 students a year in memory of Larry and Sandra Prince, the late chairman and CEO of Genuine Parts Company, and his [...]
Automotive cyberattacks resulted in tens of billions of dollars in estimated damages from ransomware, data breaches, and operational disruptions from 2022 through 2024, according to VicOne, a cybersecurity software and services company. “We are amid [...]
A UK study has found that 46% of drivers in the country are turning off speed assist features that the EU recently started requiring on all vehicles sold in Europe. The study, completed by the [...]
A Hawaii bill that would provide state funding to reimburse private employers for on-the-job training has moved through a House committee after passing in the House. “The legislature finds that internship and mentorship programs give [...]
Hyundai Motor Group plans to invest $21 billion in the United States beginning this year and continuing until 2028 to advance future technologies, energy infrastructure, and manufacturing capabilities. The money will be used to make [...]
Electric vehicle startup Faraday Future (FF) has received new cash financing commitments of $41 million that it says will be used, in part, to advance its Faraday X (FX) brand and roll out the first [...]
The newly released ASE Education Foundation 2024 annual report shows that the combined number of high school and college students enrolled in ASE-accreditation programs increased by 8,000 to 118,000 between 2023 and 2024. The report [...]
Four subsidiaries of Progressive Corp. have settled a class action lawsuit filed against them in New York that alleged underpaid total loss claims. The suit was filed in 2021 and claims that Progressive “systemically thumbs [...]
A Florida bill that would require collision repair shops to obtain crash reports from customers before fixing vehicle has been approved by two Senate committees in recent weeks. Sen. Joe Gruters (R-Sarasota) refiled SB 92 [...]
