Insurance industry associations, citing ‘financial realities,’ press CDI for ‘adequate rates’

Insurance industry associations and major carriers are in agreement that it’s necessary to be able to collect “adequate rates” to stay in business — though in this case, they’re talking about the rates they’re allowed [...]

2022-09-29T07:31:30-04:00September 29th, 2022|RDN News Feed|

Illinois files criminal charges against top Carvana executive

Illinois’ secretary of state has filed several criminal charges against Paul Breaux, Carvana’s vice president, general counsel, and secretary. Among the charges are acting as an unlicensed used car dealer as well as failing to [...]

2022-09-29T07:30:59-04:00September 29th, 2022|RDN News Feed|

New vehicle September sales forecast to increase, annual rate remains down

Despite inflation continuing to loom, J.D. Power reports new-vehicle retail sales are expected to increase by the end of the month compared to September 2021 sales but the annualized sales rate remains “well below historical [...]

2022-09-29T07:30:29-04:00September 29th, 2022|RDN News Feed|

NHTSA looks into reports that Tesla added crash test code into vehicle software

The National Highway Traffic Safety Administration (NHTSA) is looking into recent reports that Tesla has added special codes in its vehicle software related to crash testing with auto safety agencies. The agency is aware of [...]

2022-09-28T11:01:01-04:00September 28th, 2022|RDN News Feed|

Jeff Silver, former head of I-CAR, recalled as visionary leader who ‘made things happen’

Friends and colleagues are remembering Jeff Silver as a passionate and visionary leader who for decades dedicated himself to the betterment of the collision repair industry. Silver, who became head of the Inter-Industry Conference on [...]

2022-09-28T07:32:03-04:00September 28th, 2022|RDN News Feed|

Hyundai & Kia settle engine failure, fire class action lawsuit

Hyundai and Kia have settled a class action lawsuit involving defects that caused, or could cause, engine failures and fires in several model year Santa Fe, Soul, Sportage, Sonata Hybrid, Sorento, Optima, Tucson, Elantra, Veloster, [...]

2022-09-28T07:31:32-04:00September 28th, 2022|RDN News Feed|

Ford seeks new trial after jury awards family $1.7B in F-150 rollover suit

Ford Motor Co. is seeking a new trial after a jury ordered it to pay $1.7 billion in damages over a 2014 pickup truck rollover in which a Georgia couple was killed. Melvin Hill, 72, [...]

2022-09-28T07:31:01-04:00September 28th, 2022|RDN News Feed|

Ford & GM expand production operations for EV future

Ford and General Motors have announced factory investments, including expansions and new construction, in Tennessee, Kentucky, Ohio, and Indiana for the manufacture of both electric and internal combustion engine vehicles. Ford has broken ground BlueOval [...]

2022-09-28T07:30:30-04:00September 28th, 2022|RDN News Feed|

Consumer group calls for denial of Allstate rate increase in California, pushes instead for refunds

Public interest organization Consumer Watchdog (CW) has called on California Insurance Commissioner Ricardo Lara to deny Allstate’s request for a 6.9% auto insurance rate increase, and to instead pressure the carrier to return more of [...]

2022-09-27T07:01:33-04:00September 27th, 2022|RDN News Feed|

I-CAR announces education opps at SEMA Show, MIG welding training 50% off

I-CAR will offer several classes during this year’s SEMA Show in November “to increase collision repair industry knowledge and skills.” Online registration for the following topics is now open and available through Nov. 3: Initialization and [...]

2022-09-27T07:01:02-04:00September 27th, 2022|RDN News Feed|

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