PPG (NYSE:PPG) today announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint venture. Specific financial and ownership terms were not disclosed. Paint […]
VinFast Selects Fixico for European EV Body Repair Network and Aftersales Infrastructure
VinFast, Vietnam’s first global manufacturer of battery-powered electric vehicles (EVs), has selected Fixico for its European body repair network and scalable EV aftersales service management platform. By partnering with Fixico, VinFast offers customers access to a network of 3,000+ body repair shops across Europe. Under the European collaboration agreement, the service will be initially available […]
Toyota Research Institute Invests Over $100M in Collaborative Research Program with U.S. Universities
Partnerships with MIT, Stanford, Columbia, and others address some of the world’s greatest challenges, including aging society, climate change, and human understanding. The Toyota Research Institute (TRI) announced the latest results of its collaborative research program with U.S. academic institutions. This initiative has funded $100M of research and generated over 1250 paper submissions since its […]
CCC and Verisk Form Strategic Partnership
Initial collaboration will work to prevent auto insurance fraud. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) and Verisk Analytics, Inc. (NASDAQ:VRSK) announced today a strategic partnership that will leverage the two providers’ technologies to bring new innovations to P&C insurance claims. CCC provides a cloud platform for the P&C insurance economy and Verisk is a global data […]
EV Manufacturer VinFast Selects I-CAR for U.S. Collision Repair Network Training
VinFast, the first Vietnamese electric vehicle manufacturer, announced that I-CAR’s Gold Class shop level credentialing will be a requirement for its U.S. repair network. VinFast joins 37 other OEMs and Insurers who also require Gold Class status for their network repair facilities. Gold Class recognition, and the underlying technical training required to achieve such, including […]
Mitchell Announces Data Licensing Agreement with Rivian
Mitchell, an Enlyte company, today announced that it is the first collision industry information provider to sign a data licensing agreement with electric vehicle (EV) manufacturer Rivian. This will allow auto insurers and collision repairers using Mitchell Cloud Estimating and Mitchell Cloud Estimating TruckMax to write damage appraisals and access repair procedures for the OEM’s […]
PACCAR and Toyota Announce Agreement to Commercialize Hydrogen Fuel Cell Trucks
PACCAR and Toyota Motor North America, Inc. today announced an expansion of their joint efforts to develop and produce zero emissions, hydrogen fuel cell (FCEV) Kenworth and Peterbilt trucks powered by Toyota’s next-generation hydrogen fuel cell modules. The expanded agreement supports ongoing development and commercialized zero-emission versions of the Kenworth T680 and Peterbilt 579 models […]
Ford Motor Company Fund and Enterprise Holdings Foundation Expand Collision Engineering Program
Parkland College in Illinois is seventh U.S. school to offer program. The Enterprise Holdings Foundation and Ford Motor Company Fund have announced that the Parkland College Automotive Collision Repair Program in Champaign, Ill., has been selected as the seventh school to offer the Collision Engineering Program (CEP). The program expansion is made possible through the […]
GM and Samsung SDI to Invest Over $3 Billion to Expand U.S. Battery Cell Manufacturing
General Motors Co. (NYSE:GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations in 2026. “GM’s supply chain strategy for EVs is focused on scalability, resiliency, sustainability and cost-competitiveness. Our new relationship with […]
IAA Announces New Market Alliance in West Africa
IAA Holdings, LLC (IAA), a Ritchie Bros. Auctioneers Incorporated company, announced a new market alliance with Antonio, SARL in the West African country of Benin. This agreement provides authorization for auction centers operated by Antonio, SARL in the country to help local buyers search for, bid, pay, transport, ship and import vehicles from IAA auctions […]
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