The U.S. Department of Transportation yesterday proposed to withdraw its portions of the so-called SAFE I Rule, which sought to preempt States, including California, from issuing their own greenhouse gas emissions standards and zero-emissions vehicle mandates. The proposed action would establish a clean slate, enabling the Department to further the Biden Administration’s fuel economy, equity, […]
Hartford Rejects Additional Takeover Offers from Chubb Group
Board of Directors rejects two more Chubb proposals. The Hartford Financial Services Group Inc. (NYSE: HIG) today announced the receipt of two additional unsolicited proposals from Chubb Limited (NYSE: CB) to acquire the company. According to Hartford, it received a letter dated March 30, where Chubb said it was prepared to offer “in excess of […]
CARSTAR Adds Collision Repair Center to Network in New Jersey
CARSTAR announced the latest addition to its multi-store network of independently owned collision repair facilities with the opening of CARSTAR Monmouth Collision. The 5,200 square foot center is located at 16 Throckmorton Street, in Freehold, N.J. CARSTAR Monmouth Collision owner, John Rapisarda, grew up always having an interest in cars. After selling his small business, […]
Tractable Partners with Covéa to Deploy Claims Artificial Intelligence
Covéa, the largest insurance group in France, will accelerate the processing of its policyholders’ claims across its three brands – MAAF, MMA and GMF – with artificial intelligence (AI) that analyses damage to cars. In 2021, Covéa is deploying Tractable’s AI across its network of thousands of French collision repair facilities, where it will assess […]
Axalta Rebrands Transportation Coatings Business to Axalta Mobility Coatings
Axalta (NYSE: AXTA) today announced the launch of Axalta Mobility Coatings, a rebranding of its Transportation Coatings business unit. The redefined business will focus on supporting the accelerating demand for e-mobility and the evolving coatings needs of established and emerging light and commercial vehicle original equipment manufacturers (OEMs), fleet owners, and shared mobility providers. In […]
Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines
The Treasury Department and the Internal Revenue Service announced further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations. Eligible employers, such as businesses and tax-exempt organizations with fewer than 500 employees and certain governmental employers, can receive a tax credit […]
AirPro Diagnostics and Auto Techcelerators Enter into Exclusive Technology License Agreement
Test Drive CoPilot technology will be integrated into AirPro diagnostic and calibration services platform. AirPro Diagnostics and Auto Techcelerators, LLC announced that they have completed an exclusive technology licensing agreement allowing AirPro Diagnostic to integrate Auto Techcelerators’ ADAS, Calibration and Test Drive CoPilot technologies into its diagnostic and calibration services platform. “After meeting with AirPro’s […]
LKQ Aftermarket Parts Considerations Online Training Course Available Through I-CAR
LKQ Corporation announced the availability of a new online training course hosted within I-CAR’s virtual training library, Aftermarket Collision Replacement Parts Considerations. LKQ has been supporting the collision repair industry through the I-CAR Sustaining Partner program since 2018. The Aftermarket Collision Replacement Parts Considerations course was released March 2 and is designed to educate the […]
Free ADAS Systems Webinar from ASE and I-CAR on April 23
The National Institute for Automotive Service Excellence (ASE) is hosting a free webinar for service technicians on Friday, April 23 at 4:00 p.m. ET entitled ADAS Systems – What They’re All About. Paul Hill, Tom McFinch and Jeff Poole from I-CAR will deliver an informative session on ADAS, including the below topics: History of ADAS […]
Mitch Williams Named Chief Operations Officer at Original One Parts
Original One Auto Parts, LLC announced that industry veteran Mitch Williams has joined the team as the Chief Operations Officer. Williams was President and CEO of Hella, Inc., the North American arm of Hella KG, Hueck & Co. of Germany for nearly 20 years. Hella is one of the leading lighting and electronics suppliers in […]
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