Joins General Motors and Honda, increasing reach of the exchange to 32 percent of U.S. auto market. Verisk (Nasdaq:VRSK), the data analytics provider, announced that Hyundai Motor America has signed an exclusive agreement to join the Verisk Data Exchange. As a participating automaker, Hyundai will supply Verisk with driving data from its consenting connected car […]
Car-O-Liner Host Volvo Vista Competition in China
From March 29 to 30, the Volvo International Service Training Award (VISTA) competition, hosted by Volvo (China) and organized by the Car-O-Liner Academy, was successfully held at the Academy’s training center in Shanghai, China. A total of 55 participants from 20 Volvo dealerships across the country participated in the competition. The event covered a variety […]
Toyota and Lexus to Launch V2V and V2I in the US in 2021
Reports 92 percent of its vehicles currently have autonomous emergency braking as standard equipment. Toyota and Lexus announced the companies plan to start deployment of Dedicated Short-Range Communications (DSRC) systems on vehicles sold in the United States starting in 2021, with the goal of adoption across most of its lineup by the mid-2020s. Toyota and […]
U.S. Department of Labor Recovers $306,000 in Back Wages and Damages from New York Collision Repair Center
Settlement benefits 21 employees of Long Island shop with overtime and recordkeeping violations of Fair Labor Standard Act. After an investigation and litigation by the U.S. Department of Labor, Farmingdale Auto Collision Inc. and its owner and officers have paid $306,000 in back wages and liquidated damages to 21 employees to resolve violations of the […]
Fix Auto UK Adds Collision Repair Center to Network on South Coast
Fix Auto UK announced that St Leonards Motors Bodyshop and Accident Repair Centre has joined its collision repair network adding further representation on the south coast. Managed by Mark Booth, the 22,000 sq. ft. collision repair center will be known in the network as Fix Auto Hastings. The four-booth facility which is staffed by a […]
WIN Announces Speakers for 2018 Educational Conference
The Women’s Industry Network (WIN) announced the speakers that have been selected to present at the 2018 Educational Conference being held May 7th-9th, at the Hyatt Regency Indianapolis. “Racing to Connect” was revealed earlier this year as the theme of the event. The connections between individuals, within teams and within connected cars are a focus […]
Consumers Union Calls on Tesla to Improve Safety of “Autopilot” Driver-Assist System
Consumers Union, the advocacy division of Consumer Reports (CR), called on Tesla to move quickly to improve the safety of its “Autopilot” driver-assist system and to publicly release the detailed data behind the company’s safety claims. The company recently acknowledged that this technology was engaged at the time of a recent fatal crash in California, […]
3M Contributes $250,000 to United Nations Road Safety Initiative
3M has pledged support as a founding donor to a newly established United Nations Road Safety Trust Fund. The company committed $250,000 to the UN Road Safety Trust Fund which aims to accelerate progress in improving global road safety by bridging the gaps in the mobilization of resources for effective action at all levels. “With […]
Blackstone to Acquire Australia-Based AMA Group’s Collision Repair Business for $395 Million
Private equity firm also owns Service King Collision Repair Centers Australia’s AMA Group (ASX:AMA) announced today that it will sell its collision repair business to the U.S. private equity firm Blackstone for AU$508 million ($395.4 million) and spin off its automotive component and accessory (ACAD) business into a new company that will remain listed on […]
Investcorp Acquires Aftermarket Collision Repair Parts Distributor KSI Trading Corp
Investcorp announced its recent acquisition of KSI Trading Corp. (KSI), a supplier of aftermarket collision repair parts in the U.S. The terms of the transaction were not disclosed. Founded in 1984, KSI services over 10,000 collision repair shop customers across 25 locations in 14 states. Headquartered in South Plainfield, New Jersey, KSI has over 600 […]
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