Ford to launch hands-free, eyes-on driving on 2021 models, including Mustang Mach-E

Ford on Thursday announced an optional Active Drive Assist system which would permit “hands-free driving on more than 100,000 miles of divided highways in all 50 states and Canada.” Customers can purchase the system as [...]

2020-06-22T11:23:28-04:00June 22nd, 2020|RDN News Feed|

Still need a PPP loan? Try SBA’s ‘Lender Match’ tool

The Small Business Administration on Friday announced an online resource body shops and other small businesses can use to get quickly paired with Community Development Financial Institutions and smaller lenders for Paycheck Protection Program loans. [...]

2020-06-19T17:23:27-04:00June 19th, 2020|RDN News Feed|

Enterprise: Length of rental down in May after big April jump; other stats much like 2019

Enterprise Rent-A-Car data released Wednesday indicated the COVID-19 coronavirus had little effect on some key collision repair statistics. The only significant change occurred in length of rental, which fell on average half a day nationwide [...]

2020-06-19T15:23:42-04:00June 19th, 2020|RDN News Feed|

Driven Brands optimistic at owning competing Fix Auto, CARSTAR, ABRA franchise brands

Driven Brands paint, collision and glass group President Michael Macaluso this spring expressed confidence in a portfolio including two direct competitors to its valuable CARSTAR franchise brand, saying the automotive conglomerate plans to grow all [...]

2020-06-19T07:23:59-04:00June 19th, 2020|RDN News Feed|

Despite Fix Network World critique, Driven Brands says Fix Auto USA deal compliant

Driven Brands this spring rejected Fix Network World’s objection to its purchase of the more than 150-shop Fix Auto USA chain, saying it was conducted in accordance with all laws and regulations. Fix Network World [...]

2020-06-19T07:08:50-04:00June 19th, 2020|RDN News Feed|

Business coalition, Bernanke, Yellen, economic leaders call on Congress for more COVID-19 economic aid

Two former Federal Reserve chairs joined more than 150 economic experts in a new letter asking Congress for more COVID-19 economic aid.  “Policymakers in Congress and the Federal Reserve responded to this crisis with unprecedented [...]

2020-06-17T17:53:28-04:00June 17th, 2020|RDN News Feed|

La. Gov. Edwards vetoes bill cutting third-party right to sue, says no proof auto rates would fall

Democratic Louisiana Gov. John Bel Edwards on Friday vetoed a bill which would have eliminated the private right of action for a third-party claimant to sue an auto insurer in many circumstances. The House approved [...]

2020-06-16T14:53:51-04:00June 16th, 2020|RDN News Feed|
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