MEMA, Auto Innovators to help facilitate $1B fund for automotive industry

With advisory support from MEMA Original Equipment Suppliers and the Alliance for Automotive Innovation (Auto Innovators), Monroe Capital will develop a first-of-its-kind investment strategy focused on supporting small- and medium-sized suppliers and manufacturers operating in [...]

2024-10-02T08:57:20-04:00October 2nd, 2024|RDN News Feed|

California Gov. vetoes bill requiring speed assistance in vehicles

California Gov. Gavin Newsom vetoed a bill that would have required intelligent speed assistance (ISA) in all vehicles in the state starting in 2030.  If signed, SB961 would have made California the first state to [...]

2024-10-02T08:56:49-04:00October 2nd, 2024|RDN News Feed|

Repairers tell Maine R2R group they can already access OEM repair information

Four Maine automotive technicians and one collision repair shop owner recently shared their views on OEM repair information access with a state-level working group; all of whom took issue mostly with access costs, not that [...]

2024-10-01T07:58:22-04:00October 1st, 2024|RDN News Feed|

Hurricane Helene property damage losses estimated at $26 billion

Portions of the Southeast remain crippled Monday following Hurricane Helene while rescue missions continue and the death toll rises in some areas.  More than 3,500 personnel from across the federal workforce have been deployed to [...]

2024-10-01T07:57:51-04:00October 1st, 2024|RDN News Feed|

AutoCanada notifies employees of possible data exposure after cyberattack

Employees of AutoCanada could have data exposed following a cyber attack that is claimed by the Hunters International ransomware gang, according to Bleeping Computer.  AutoCanada is sent alerts to affected people in the attack last [...]

2024-09-30T08:54:25-04:00September 30th, 2024|RDN News Feed|

Kennesaw State researching Cellular Vehicle-to Everything tech to reduce collisions

Kennesaw State University is researching Cellular Vehicle-to-Everything (C-V2X) technology as a way to reduce collisions on U.S. roadways, according to a press release.  Billy Kihei, assistant professor of computer engineering in the Southern Polytechnic College [...]

2024-09-30T08:53:55-04:00September 30th, 2024|RDN News Feed|

U.S. Tariffs in effect on Chinese EVs, batteries, steel, aluminum and minerals

A 100% tariff rate on Chinese electric vehicles (EVs), first announced by Biden in May, went into effect Friday.  The tariff also puts a 25% on EV batteries, critical minerals, steel, aluminum and ship-to-shore cranes, [...]

2024-09-30T08:53:23-04:00September 30th, 2024|RDN News Feed|

NFIB urges Congress to keep 199A small business tax deduction

Earlier this week the National Federation of Independent Business (NFIB) warned Congress of the detrimental effects small businesses would face if the Section 199A tax deduction is taken away at the end of 2025. According [...]

2024-09-27T15:00:13-04:00September 27th, 2024|RDN News Feed|

I-CAR receives $7M federal grant to support and expand collision repair apprenticeship offerings

I-CAR has been designated as a Registered Apprenticeship Hub and recipient of an Apprenticeship Building America grant by the U.S. Department of Labor (DOL) under its Investing in America initiative. The recognition includes more than [...]

2024-09-27T14:59:43-04:00September 27th, 2024|RDN News Feed|

Commerce department proposes ban on Chinese, Russian connected vehicle tech

The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published a notice of proposed rulemaking Monday that would ban the sale or import of Chinese and Russian connected vehicles that integrate specific software [...]

2024-09-27T06:30:16-04:00September 27th, 2024|RDN News Feed|
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