Automakers voice opposition in Maine ‘right to repair’ hearing, spearhead competing R2R Act

A competing bill to “right to repair” legislation introduced in Maine has been put forth that supports right to repair while preventing open third-party access to telematics-equipped vehicles. The Alliance for Automotive Innovation (Auto Innovators) [...]

2023-05-11T13:46:33-04:00May 11th, 2023|RDN News Feed|

Scholarship puts 22 students on the path to becoming auto repair professionals

The Alliance of Automotive Service Providers of Minnesota (AASP-MN) is helping train the next generation of collision repairers through 22 newly-awarded scholarships. The scholarships, totaling $20,000 will help cover the costs of tuition or tools [...]

2023-05-11T13:46:02-04:00May 11th, 2023|RDN News Feed|

GEICO reports collision claim decrease & severity increase, profit off higher rates

Berkshire Hathaway, parent company of GEICO, reports that collision claim frequency decreased 6-7% while severity rose 7-8% during Q1. GEICO says average auto policy premiums were higher during the quarter effectively increasing profit by $72 [...]

2023-05-10T14:01:50-04:00May 10th, 2023|RDN News Feed|

Axalta sees nearly half of 9.4% net sales increase in Performance Coatings segment

Axalta shared last week that its net sales increased during Q1 by 9.4% year-over-year (YOY) because of better pricing and volume growth, including a 4% increase YOY increase in its Performance Coatings segment. The company’s [...]

2023-05-10T14:00:48-04:00May 10th, 2023|RDN News Feed|

EV automaker Canoo to build second U.S. manufacturing plant in Oklahoma

Canoo, an electric vehicle (EV) and advanced mobility company, has partnered with AFV Partners to build its second U.S. manufacturing plant in Oklahoma City. Canoo says on its website that it has”developed breakthrough Multi-Purpose Platforms [...]

2023-05-09T13:37:02-04:00May 9th, 2023|RDN News Feed|

OEM shift to OTA recall fixes predicted to occur by 2028

ABI Research predicts that by 2028 U.S. automakers will shift to over-the-air (OTA) recall remedies to save $1.5 billion a year. According to the global technology intelligence firm’s latest research, performing software updates in person [...]

2023-05-09T13:36:31-04:00May 9th, 2023|RDN News Feed|
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