Boyd Group CEO Tim O’Day recently told investors a decline in repairable vehicles, increased use of alternative parts, in-house scanning and calibrations, and labor rate increases during Q2 added to sales and gross profit despite [...]
A Michigan mother purchased a $17,000 vehicle from a used auto dealer to later discover it was a salvaged vehicle needing $13,000 in repairs, according to an 8 Wood TV news report. The mother discovered [...]
Ford Motor Co. and Mazda North American Operations have issued a “do not drive” warning for more than 457,000 vehicles equipped with recalled Takata air bags, according to a National Highway Traffic Safety Administration (NHTSA) [...]
Battery electric vehicles (BEVs) remain more expensive to repair compared to internal combustion engine (ICE) vehicles while BEV claims frequency also continues to rise, according to Mitchell International’s Q2 2024 “Plugged-In: EV Collision Insights” report. [...]
Texas Attorney General Ken Paxton has filed suit against General Motors and subsidiary OnStar for “false, deceptive, and misleading” business practices related to the alleged collection and sale of more than 1.8 million Texans’ private [...]
While detailing its Q2 results, Rivian says it has made significant progress toward greater cost efficiency, product improvement, differentiated technology, and new business opportunities. “[W]e have reduced complexity and lowered the cost associated with the [...]
Repairify and NAPA recently announced the release of its asTech Mechanical tool, which the companies say can access a majority of original equipment (OE) tools to perform operations such as programming, calibrations, and vehicle health [...]
The Michigan Department of Insurance and Financial Services (DIFS) has issued a bulletin that it says will help ensure consumers are protected when insurance companies use AI technologies for new policy underwriting, coverage determinations, or [...]
UL Solutions Inc. has opened its North America Advanced Battery Laboratory in Auburn Hills, Michigan to test electric and hybrid vehicle and industrial batteries. The new facility is UL Solutions’ largest laboratory investment in its [...]
Fourteen percent of insurance companies plan to decrease staff in the next 12 months while also projecting a 79% revenue increase during the same timeframe, according to a recent Insurance Labor Market Study released by [...]
