Axalta and AkzoNobel shareholders ‘overwhelmingly’ approved merger of equals

Axalta Coating Systems and AkzoNobel shareholders “overwhelmingly” voted today to approve a previously announced all-stock merger of equals of the companies, according to separate press releases from the companies. Axalta shareholders approved the merger at [...]

2026-08-05T14:28:20-04:00August 5th, 2026|RDN News Feed|

Ford OnTarget highlighting importance of safety system component inspections post-collision

Volume 2 of this year’s Ford OnTarget Newsletter drives home the importance of safety system component inspections in collision repair. The topic was covered in depth two weeks ago during the Collision Industry Conference (CIC) [...]

2026-08-05T14:27:49-04:00August 5th, 2026|RDN News Feed|

State Farm starts issuing cash back dividends after doubling profit in 2025

State Farm has started issuing payments to qualifying auto customers as part of its one-time $5 billion cash back dividend, after the company ended 2025 with a net income of $12.9 billion, doubling its profit. [...]

2026-08-05T14:27:19-04:00August 5th, 2026|RDN News Feed|

Driven Brands denies ‘highly conditional,’ ‘unsolicited’ acquisition proposal

Driven Brands Holdings Inc. has announced that its Board of Directors unanimously rejected a non-binding and unsolicited proposal from ADW Capital Management to acquire Driven Brands for $18 per share in cash, according to an [...]

2026-08-05T14:26:48-04:00August 5th, 2026|RDN News Feed|

CIC panel: Safety inspections remain largest industry friction point

Eighty-five percent of Collision Industry Conference (CIC) meeting attendees answered that safety inspections are typically required following any collision, yet the industry still faces trouble getting reimbursed by insurance for the procedures.  “I continue to [...]

2026-08-04T14:28:22-04:00August 4th, 2026|RDN News Feed|

New Jersey Supreme Court rules insurance brokers aren’t exempt from Consumer Fraud Act

A recent New Jersey Supreme Court ruling finds that insurance brokers, producers, and agents are subject to the state’s Consumer Fraud Act (CFA) and can’t avoid liability by claiming they are exempt “semi-professionals.” The July [...]

2026-08-04T14:27:51-04:00August 4th, 2026|RDN News Feed|

Toyota service in Japan allows used car owners to retrofit with new tech

Toyota is streamlining a service that allows vehicle owners in Japan to add new technology to their used vehicles, according to multiple media sources.  The automaker first launched a service to retrofit used vehicles with [...]

2026-08-04T14:27:21-04:00August 4th, 2026|RDN News Feed|

NHTSA: Nearly 1.2 million Tesla Model 3 and Model Y vehicles under investigation

The National Highway Traffic Safety Administration (NHTSA)’s Office of Defects Investigation (ODI) says it has received 156 complaints alleging a suspension failure in model year (MY) 2018-2020 and 2023 Model 3 and MY 2021-2023 Model [...]

2026-08-04T14:26:50-04:00August 4th, 2026|RDN News Feed|
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