Wayve looks to create AI autonomous driving products for OEMs with $1B investment

Wayve recently announced a $1.05 billion Series C investment to integrate AI into autonomous driving with plans to sell the technology to OEMs once further developed, according to a company press release.  The company also [...]

2024-05-10T14:26:14-04:00May 10th, 2024|RDN News Feed|

Allstate faces class action lawsuit over alleged UM/UIM coverage denials

A California man has filed a class action lawsuit against Allstate accusing the insurer and its subsidiaries of breaching its contracts with policyholders in the state and unlawfully denying benefits to thousands of claimants. The [...]

2024-05-09T15:06:47-04:00May 9th, 2024|RDN News Feed|

TechForce opens survey on career wants and needs of student, newly employed technicians

TechForce Foundation has launched a “Techs Talk” survey to gain insight into the perspectives, values, and experiences of aspiring and newly employed technicians. “Most technician surveys in the marketplace today are heavily skewed by responses [...]

2024-05-09T15:05:43-04:00May 9th, 2024|RDN News Feed|

Bill aims to repeal CTA, small business advocates speak at Congressional hearing

The U.S. House Committee on Small Business heard multiple testimonies last week from small business advocates who said the Corporate Transparency Act’s (CTA) confusing requirements are overly burdensome on Main Street businesses.  Rep. Warren Davidson [...]

2024-05-09T15:04:41-04:00May 9th, 2024|RDN News Feed|

Ducker Carlisle: R1234yf is OEM refrigerant of choice for PHEVs and BEVs

Ducker Carlisle has confirmed that R1234yf is OEMs’ refrigerant of choice in plug-in hybrids (PHEVs) and battery electric vehicles (BEVs). Ducker Carlisle says it’s time for OEMs to look at other options that provide effective [...]

2024-05-07T09:30:20-04:00May 7th, 2024|RDN News Feed|

Toyota announces two new renewable energy steps in California

Toyota Motor North America has announced two major renewable energy steps it is taking in California.  Toyota’s R&D office in Los Angeles County will be renamed the North America Hydrogen Headquarters (H2HQ), and the company [...]

2024-05-07T09:29:50-04:00May 7th, 2024|RDN News Feed|

GM, Mercedes-Benz, Tesla report lower raw material costs in first quarter

GM saw profits, Mercedes-Benz maintained its revenue, and Tesla saw a revenue decrease in Q1 2024, but all three reported lower raw materials costs, helping reduce production costs.  Revenue for the first quarter was $43 [...]

2024-05-07T09:29:19-04:00May 7th, 2024|RDN News Feed|
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