CAPA Tracker now sends part issue notifications through app

The Certified Automotive Parts Association (CAPA) Tracker can now automatically inform repairers of any issues with CAPA parts they’ve used so that they can notify their customers. The tracker is also newly available in CAPA’s [...]

2023-09-27T13:48:32-04:00September 27th, 2023|RDN News Feed|

Natural disasters cost Allstate $864M in two-month span, triggering rate hikes

Allstate reported $551 million in catastrophe losses in August alone, prompting the insurer to implement 7% rate increases throughout five locations. When announcing its catastrophe losses, which totaled $864 million pre-tax for July and August [...]

2023-09-27T13:48:01-04:00September 27th, 2023|RDN News Feed|

Government shutdown would hurt U.S. small businesses, survey indicates

More than two-thirds of small businesses say they would be negatively impacted by a government shutdown, according to a new survey. Goldman Sachs’ 10,000 Small Businesses Voices found that among the 1,554 businesses surveyed between [...]

2023-09-27T13:47:30-04:00September 27th, 2023|RDN News Feed|

Parts concerns surface as UAW Big 3 strike continues in U.S., terms accepted in Canada

As the United Auto Workers (UAW) strike against the Big 3 — General Motors, Ford, and Stellantis (otherwise known as the Detroit 3) — continues stateside, Ford Motor Co. of Canada has reached a new [...]

2023-09-26T13:34:35-04:00September 26th, 2023|RDN News Feed|

S&P predicts AVs need at least 10 more years to hit widespread adoption

A new S&P Global Mobility forecast predicts autonomous vehicles won’t hit the mainstream market for widespread adoption until at least a decade from now. Over the next 10 years, S&P says autonomous tech will be [...]

2023-09-26T13:34:04-04:00September 26th, 2023|RDN News Feed|

Nissan to go all-electric in Europe by 2030 as OEMs ramp up EV plans

More automakers are revealing plans to increase EV production, including Nissan which revealed Monday that it will only sell electric vehicles (EVs) in Europe beginning in 2030. Nissan’s top executive made the announcement at a [...]

2023-09-26T13:33:34-04:00September 26th, 2023|RDN News Feed|

Roadzen goes public to expand mission of using AI to ‘transform’ auto industry

Data-driven insurer Roadzen is now trading as a public company after merging with a blank check company and launching an initial public offering (IPO) to fund its expansion plans. After combining its business with Vahanna [...]

2023-09-26T13:33:03-04:00September 26th, 2023|RDN News Feed|

AirPro’s non-disclosure breach lawsuit against Drew Technologies to move forward

A U.S. District judge has denied the dismissal of a lawsuit against Drew Technologies (a subsidiary of Opus IVS) by AirPro Diagnostics that alleges violation of a non-disclosure agreement between the companies regarding business operations. [...]

2023-09-25T13:35:08-04:00September 25th, 2023|RDN News Feed|

EV growth is surging faster than expected & could hit two-thirds of sales by 2030, studies say

Electric vehicles (EVs) are likely to encompass two-thirds of global car sales by 2030, new studies indicate. Rocky Mountain Institute (RMI) detailed how three separate reports, including its own, called X-change: Cars, The end of [...]

2023-09-25T13:34:37-04:00September 25th, 2023|RDN News Feed|
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