Crash Champions announces GEICO executive as new chief legal officer

Crash Champions recently announced the hiring of a former GEICO executive as its new chief legal officer.  Seth Ingall most recently served as senior vice president and chief legal officer for GEICO, according to a [...]

2024-08-27T14:32:51-04:00August 27th, 2024|RDN News Feed|

Former Axalta owner buys OEM parts distributor from Advance Auto

Carlyle, a global investment firm and former owner of Axalta Coating Systems, is set to buy Worldpac Inc., an OEM automotive parts wholesale distribution business, from Advance Auto Parts for $1.5 billion. The cash transaction [...]

2024-08-26T13:38:21-04:00August 26th, 2024|RDN News Feed|

Fitch: U.S. auto insurers show strong performance performance recovery, likely to continue through 2025

Fitch Ratings reports “improving, more favorable” mid-year 2024 results for U.S. personal auto insurance companies will likely continue through the end of this year and into 2025. Fitch listed several rounds of material price increases [...]

2024-08-26T13:37:50-04:00August 26th, 2024|RDN News Feed|

NHTSA ends one Cruise investigation following recall of fleet’s software

One National Highway Traffic Safety Administration (NHTSA) investigation of Cruise vehicle malfunctions has been closed following a software recall of the entire U.S. fleet by the autonomous vehicle branch of General Motors. The investigation began [...]

2024-08-26T13:37:19-04:00August 26th, 2024|RDN News Feed|

Oregon nonprofit starts providing legal services to help consumers with used vehicle purchases, insurance and other issues

An Oregon nonprofit group is rolling out new legal services to help residents with scams, including a focus on used vehicle sales in the state.  Oregon Consumer Justice (OCJ) has traditionally worked on changing public [...]

2024-08-26T13:36:49-04:00August 26th, 2024|RDN News Feed|

Review of consumer complaints finds at least one Montana insurer may be steering business to DRP shop

In an Aug. 21 advisory memorandum, Montana Insurance Commissioner Troy Downing said his office has been informed of possible steering to specific auto repair shops by at least one insurance company. The advisory was issued [...]

2024-08-23T15:09:28-04:00August 23rd, 2024|RDN News Feed|

Toyota USA Foundation’s latest STEM education project launched in Georgia

Toyota USA Foundation has provided Fulton County Schools (FCS) in Georgia with grants of up to $8.6 million to prepare students for future careers in science, technology, engineering, and math (STEM). The collaboration is part [...]

2024-08-23T15:08:57-04:00August 23rd, 2024|RDN News Feed|

Ford switches SUV plans from EVs to hybrids, reduces EV spending overall

Ford is once again making a shift in its electrification strategy by switching three previously planned all-electric SUVs to hybrids and reducing its annual capital dedicated to EVs from 40% to 30%, according to a [...]

2024-08-23T15:08:27-04:00August 23rd, 2024|RDN News Feed|

Canadian Rail lockout expected to impact auto parts and vehicles

More than 9,000 Teamster Canada union workers were locked out by Canadian National Railway and Canadian Pacific Kansas City Thursday after failed negotiations, according to multiple media reports.  “Rail cross-border trade with the U.S. is [...]

2024-08-23T15:07:56-04:00August 23rd, 2024|RDN News Feed|

Montana Insurance Department addresses repair cost denial, refutes ‘unsupported’ claims from Liberty Mutual

In answer to a consumer complaint, Montana’s deputy insurance commissioner has told Liberty Mutual its settlement of a claim isn’t sufficient and that simply stating a referenced blend study as “unverified” without evidence to back [...]

2024-08-22T14:27:34-04:00August 22nd, 2024|RDN News Feed|
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