Driven Brands Holdings Inc. (NASDAQ: DRVN) has appointed Mo Khalid as executive vice president and chief operating officer, the company announced Monday. Khalid previously served as executive vice president and president of Take 5 Oil Change. Tim Austin, who was chief operating officer of Take 5, will succeed Khalid as Take 5 president. “Mo is […]
SEMA Calls for ADAS Policy Changes in Highway Bill Comments
The Specialty Equipment Market Association (SEMA) is calling on federal transportation officials and Congress to develop comprehensive policies that address how aftermarket vehicle modifications interact with advanced driver assistance systems (ADAS) in modern vehicles. The policy request calls for neutral validation protocols for calibrations and visual or electronic diagnostic indicators to assure systems are functioning […]
VinFast Opens First California Dealership in San Diego
VinFast Auto (NASDAQ: VFS) opened its first California dealership in San Diego, marking the Vietnamese electric vehicle manufacturer’s latest expansion into the U.S. market and ending its direct-sales model in the state. The dealership, VinFast San Diego, is operated by Sunroad Automotive Group and offers the company’s two electric SUVs available in the United States: […]
Nearly Half of Auto Insurance Policies Shopped in Past Year
Premium rate reductions increased shopping activity. Consumer auto insurance shopping increased 9.4% year-over-year in the second quarter of 2025, while new policy growth rose 3.6%, according to data released August 19 by LexisNexis Risk Solutions. The analytics company’s quarterly U.S. Insurance Demand Meter found that 46.5% of policies in force had been shopped at least […]
John Mendel Elected Chairman of LKQ Corporation Board
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 […]
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