The vehicle manufacturer plans a high-volume, SAE Level 4 autonomous vehicle targeted at ride hailing markets. Also announces investment in autonomous technology provider and doubling of Silicon Valley team. Ford yesterday announced its intent to have a high-volume, fully autonomous Society of Automotive Engineers (SAE) level 4-capable vehicle in commercial operation in 2021 in a […]
Axalta Launches New Refinish Brand in Europe
Axalta Coating Systems (NYSE:AXTA) has launched Syrox, a new refinish brand for the European market. Designed with new European formulations specifically for the mainstream aftermarket segment, Syrox is a complete and compact refinish paint system, including a waterborne basecoat, developed for passenger car repairs. The Syrox refinish system provides a cost-effective alternative to premium product […]
LexisNexis Completes Acquisition of Crash Report Provider
LexisNexis Risk Solutions, part of RELX Group, announced it has completed its acquisition of the Crash and Project business group of Appriss, a public safety business that provides technology solutions for the efficient collection of crash reports and electronic citations. LexisNexis will use the acquired technology within its LexisNexis Coplogic Solutions portfolio, a comprehensive electronic […]
Copart Opens Second Location in Denver, Colorado
Copart, Inc. (NASDAQ:CPRT) announced the opening of its third location in Colorado. This is Copart’s second location in the Denver metropolitan area. “In May, we announced the opening of and first auction at our new Colorado Springs location, then we expanded our original Denver area location, and now we are pleased to announce the opening […]
Liberty Mutual Insurance Forms Joint Venture in China
Insurer enters into joint venture for its Chinese insurance operations with Sanpower Group Co., Ltd. Liberty Mutual Insurance and Sanpower Group Co., Ltd., one of China’s leading private enterprises, announced today they have agreed to create a joint venture from Liberty Mutual’s current Chinese property and casualty insurance operations. Sanpower will hold a 51 percent […]
Axalta Launches Refinish Sustainable Star Awards
Axalta Coating Systems (NYSE:AXTA) has launched the Axalta Sustainable Star Awards program for body shops who use sustainable practices. The contest runs until 11:59 p.m. on November 15, 2016. The launch follows Axalta’s recent release of the company’s 2014-2015 Sustainability Report. The Sustainable Star Awards are open to United States-based Axalta refinish customers. The Awards […]
AAA Reports Gas Prices Hold Steady as Summer Driving Season Enters Final Stretch
According to the AAA Fuel Gauge Report, after dropping 54 of 55 days, the national average price of gasoline at the pump has held steady over the past week but has declined each of the past four days. The national average price for regular unleaded is $2.12 per gallon, which is the lowest price for […]
Carlyle Completes Acquisition of AA Ireland
Carlyle Cardinal Ireland (CCI) and Carlyle Global Financial Services Partners (CGFSP) have completed the acquisition of the AA Ireland from the AA plc (LON:AA) following receipt of the required regulatory approvals. CCI partnered with CGFSP to acquire AA Ireland, one of the largest insurance intermediaries in Ireland, for €156.6 million ($176.6 million) including consideration for […]
Global Automakers Opposes California ‘Tesla’ Legislation
Vehicle manufacturers’ association has sent a letter concerning a legislative proposal that would change California’s Zero Emissions Vehicle mandate. The Association of Global Automakers sent a letter to California legislative leadership in opposition to a last minute proposal that it says would: require that at least 15 percent of all new vehicles sold in California […]
OEMs to Participate in NASTF General Meeting at AAPEX
A panel of original equipment manufacturer (OEM) experts will participate in the National Automotive Service Task Force (NASTF) Fall 2016 General Meeting feature session, “Take the Box Outta the Box,” on Wednesday, Nov. 2, during AAPEX in Las Vegas. The session is designed for advanced service technicians who have already purchased an SAE J2534 vehicle […]
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