Illinois governor signs bills that require auto rate review process

Illinois Gov. JB Pritzker signed two bills Tuesday that he says will make the state’s auto and homeowners insurance markets more transparent, equitable, and accountable to consumers.  SB 714 and HB 4273 give the Illinois [...]

2026-08-07T08:06:45-04:00August 7th, 2026|RDN News Feed|

Ram recalls nearly 1.3 million pickup trucks over seatbelt anchors, NHTSA upgrades older Fords investigation

Ram has issued a voluntary seatbelt recall, and the National Highway Traffic Safety Administration’s Office of Defects Investigation (NHTSA ODI) has elevated its investigation of some older-model Ford vehicles that pose an “unreasonable risk to [...]

2026-08-07T08:06:15-04:00August 7th, 2026|RDN News Feed|

LKQ expects positive business growth for aftermarket parts as insurance companies look to cut costs

As insurance companies look for ways to cut costs, LKQ expects profit from its North American aftermarket parts segment.  Justin Jude, LKQ president and CEO, said its North American market saw positive growth in Q2 [...]

2026-08-06T14:27:48-04:00August 6th, 2026|RDN News Feed|

Hyundai and Kia tout 3D printing as a way to accelerate product development

Hyundai Motor and Kia say they’re expanding “design freedom” beyond the constraints of conventional manufacturing via “a commitment to engineering excellence,” in part through industrial 3D printing. In part three of a behind-the-scenes series on [...]

2026-08-06T14:27:17-04:00August 6th, 2026|RDN News Feed|

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|
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