Guhan Subramanian retires as chairman and will retire from the Board on January 1, 2026 LKQ Corporation (Nasdaq: LKQ) announced that John Mendel has been elected as Chairman of the Board of Directors, effective immediately. This follows Guhan Subramanian’s decision to step down as Chairman this month and to retire from the Board on January […]
Drivers Must Intervene with Traffic Assistance Systems Every 10 Minutes
AAA research finds driver intervention required every 3.8 miles on average. Drivers using advanced driving assistance systems in heavy traffic had to intervene roughly every 9 minutes due to safety concerns, according to a new study released today by AAA. The automotive organization tested five passenger vehicles equipped with Active Driving Assistance systems, also known […]
Collision Claims for Battery Electric Vehicles Decline for the First Time in the U.S.
Mitchell EV claims report shows while battery EV claims declined, hybrid claims increased. Mitchell today released its latest Plugged-In: EV Collision Insights report. The second quarter edition examines the decrease in collision claims frequency for repairable battery electric vehicles (BEVs) in the U.S. and increase in mild hybrid electric vehicle (MHEV) claims across North America. […]
Hyman’s Specialty Paint Joins Refinish Distributors Alliance
Hyman’s Specialty Paint has joined the Refinish Distributors Alliance (RDA). The Chicago, Ill.-based paint distributor operates six locations across the Midwest, serving collision repair centers and industrial partners as an authorized distributor for Akzo and BASF products. Founded in 1927 as Hyman’s Auto Supply by Morris Hyman, the company has remained family-owned for 98 years. […]
US-EU Reach Trade Framework Deal with Auto Tariff Cuts
The United States and European Union today announced a sweeping trade framework agreement that would eliminate most tariffs on automobiles and auto parts while establishing new trade commitments worth more than $1.3 trillion. European vehicle manufacturers are set to benefit from substantial tariff reductions on autos and auto parts imported into the US once the […]
Auto Insurance Premiums Projected to Rise 4% or More by the End of 2025
Insurify projects prolonged tariffs could increase premiums as much as 7% nationally by the end of the year, up from 4% without tariffs. According to a report by Insurify, auto insurance companies looked at 2025 as a year to keep insurance rates stable, or even cut them, after years of premium increases. In the first […]
Honda and Helm.ai Agree to Multi-Year ADAS Joint Development Agreement
Helm.ai, a provider of autonomous driving AI software, announced a multi-year joint development agreement with Honda Motor Co., Ltd. Through this collaboration, the two companies will accelerate the development of Honda’s next-generation self-driving capabilities, including its Navigate on Autopilot (NOA) platform. The partnership centers on Advanced Driver Assistance Systems (ADAS) for production consumer cars, leveraging […]
Art Fisher Memorial Scholarship Recipients Announced
Federated Auto Parts is honoring 13 exceptional students with Art Fisher Memorial scholarships for the 2025-26 academic year. This year’s recipients include: Andre Bennett (Coatesville, Pennsylvania) Kimberly Betty (Farmington Hills, Michigan) Clayton Ex (Flint, Michigan) Joseph Hayes (Galax, Virginia) Tyler Howard (Mora, Missouri) Aiden Logan (Evansville, Indiana) Ryan Offstein (McDonald, Pennsylvania) Allison Prentice (Eldorado, Illinois) […]
NJ Attorney General’s Office Announces over $500,000 in Grants to Deter Impaired Driving
New Jersey Attorney General Matthew J. Platkin and the Division of Highway Traffic Safety (HTS) announced the launch of enhanced enforcement efforts to deter impaired driving in New Jersey. Grant funding from HTS will support law enforcement agencies across the state in conducting patrols and sobriety checkpoints to remove alcohol- and drug-impaired drivers from the […]
Wholesale Used-Vehicle Prices Down in First Half of August Month Over Month
Manheim reports strong demand for used vehicles. While used vehicle prices are down versus July, they remain above year ago levels. Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis decreased from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index fell to 206.5, showing a rise […]
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