Driven Brands announced Tuesday updates to its capital allocation priorities, which it said are “aimed at accelerating growth and driving long-term shareholder returns.” “The strength of Driven Brands’ Growth and Cash framework has been on [...]
The Oklahoma Farm Bureau has filed an amicus curiae brief supporting a storage fees cap law that the Oklahoma Auto Body Association (OKABA) and 13 auto body shops allege is unconstitutional in a lawsuit they [...]
Now that El Camino College in California is part of the Collision Engineering Program (CEP), with its first semester underway this fall, it’s asking collision repair shops to participate because the need for apprenticeships is [...]
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 [...]
