Private passenger auto physical damage coverage saw its highest return on net worth in a decade in 2024, reaching 20.7%, nearly 50% above the previous 10-year high of 13.8% in 2020, according to the National [...]
Auto and homeowner insurance consumers told the Texas Department of Insurance (TDI) they are facing affordability and claims handling issues via a survey that ended in July. The TDI started the “Speak Up, Texas” campaign [...]
NASCAR drivers will swap helmets for handcuffs at TechForce Foundation’s annual Jail & Bail Charity Event on Oct. 27 to benefit the Brienne Davis Memorial Scholarship. The scholarship honors Brienne Davis, a NASCAR technical inspector, [...]
A recent Data Enhancement Gateway (DEG) inquiry set off a chain reaction, ultimately resulting in the I-CAR Repairability Technical Support (RTS) team’s development of comprehensive, industry-wide technical guidance, according to a DEG post. An August [...]
AAA’s newest Your Driving Costs (YDC) analysis finds that the average annual cost to own and operate a new vehicle is $12,863, or $1,071.92 per month. The ownership costs AAA analyzed for the study reflect [...]
BMW has added detail on its expansion of driver assistance technologies and active safety systems, available on the new X3 and i3, X5, and 7 Series, as well as subsequent new models and model updates. [...]
Hyundai Steel Co. recently celebrated the groundbreaking of the first electric arc furnace-based integrated steel mill, with production set to begin in 2029. The $5.8 billion mill will be built in Ascension Parish, Louisiana. It [...]
eBay will no longer permit the sale of airbags on its platform starting later this month, according to a post on its community forums. Effective Sept. 24, sellers may not list or sell airbags and [...]
Roughly 4 out of every 5 vehicles on the road are model year 2007 or newer, and more than 9 out of 10 are model year 2002 or newer, according to Experian’s Q2 Automotive Market [...]
Copart announced plans on Sept. 10 to acquire ACV, a digital automotive marketplace and data services partner for dealers and commercial clients, for $1.9 billion in cash. Copart said it will complete the transaction by [...]
