Auto Parts 4 Less Group Inc. (OTC: FLES) announced that it has completed the first tranche of funding from RB Capital Partners, following the successful restructuring of its balance sheet, with the focus towards fostering revenue growth and operational expansion. Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, “We are thrilled to […]
Thatcham Research and Chery Automobile Partner on Insurability in Vehicle Design
UK-based Thatcham Research announced a strategic partnership with Chery Automobile Co., Ltd, one of China’s leading vehicle manufacturers on vehicle insurability and repair procedure production. Signed in Wuhu, China, the agreement continues Thatcham’s mission to integrate repairability into early-stage vehicle design. According to the organization, the new partnership represents a pivotal shift towards a more […]
Fisker Announces Negotiations with Large Automaker Terminated
Electric vehicle manufacturer Fisker Inc. (NYSE: FSR) announced today that negotiations with a large automaker for a possible transaction had been terminated by the vehicle manufacturer. In a filing with the Securities and Exchange Commission (SEC) today, Fisker stated, “After the market closed on March 22, 2024, Fisker Inc. received notice from the large automaker […]
Axalta Refinish Appointed Preferred Supplier by UK Insurers LV= and Allianz
Axalta Refinish have signed a five-year agreement with leading insurers, LV= General Insurance (LV= GI) and Allianz in the United Kingdom. Under the terms of the agreement, Axalta Refinish will become a preferred supplier to LV= and Allianz’s UK network of refinish technology through its premium refinish brands Cromax, Spies Hecker, Standox as well as […]
Nissan and Honda Start Feasibility Study of Strategic Partnership on Vehicle Electrification and Intelligent Mobility to Reduce Accidents
Partnership aimed towards a future of electrified and intelligent mobility. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. announced that the two companies have signed a memorandum of understanding under which they will begin a feasibility study of a strategic partnership in the fields of vehicle electrification and intelligence. To further accelerate efforts toward […]
Acadia Insurance Partners with UVeye to Use Computer Vision AI Technology
Regional insurer will use UVeye’s vehicle inspection systems for auto claims. UVeye, creator of the AI-driven automated vehicle inspection platform, today announced a strategic collaboration with Acadia Insurance. The companies will enhance the efficiency and accuracy in Acadia’s appraisal process, leveraging UVeye’s AI-powered computer vision inspection systems to streamline claims for vehicles involved in accidents. […]
AkzoNobel Partners with Advance Auto Parts and Carquest Auto Parts as First Retail Outlets Offering Modern Classikk Paint Line
AkzoNobel announced the Modern Classikk by Kindig paint line is now available for purchase at select Advance Auto Parts and Carquest Auto Parts stores nationwide. AkzoNobel’s ultra-premium Sikkens basecoat technology manufactured at the company’s plant in Pontiac, Mich., paired with colors designed by Dave Kindig of Kindig-It Design and television show Bitchin’ Rides, creates the […]
Classic Collision Licenses Mitchell Cloud Estimating
Mitchell, an Enlyte company, and Classic Collision, LLC today announced that they have signed a multi-year agreement that will provide the multi-site operator’s nearly 300 U.S. facilities the ability to leverage Mitchell’s technology. The enterprise licensing agreement gives all current and future Classic Collision locations access to Mitchell Cloud Estimating with Integrated Repair Procedures as […]
California Autobody Association Partners with CARS Cooperative
New partnership with CARS Cooperative gives CAA members access to cost saving discounts on 25+ automotive industry products and services. The California Autobody Association announced a new partnership with Collision Automotive Repair Services, Inc. (CARS). The CARS Cooperative provides collision repair shops with complimentary cash back rewards, discounts and exclusive CAA member savings for materials […]
BASF Coatings Signs Partnership Agreement with INEOS Automotive for Global Body and Paint Program
INEOS Automotive and BASF’s Coatings division have signed an agreement on a global automotive refinish body and paint development. The partners will commit to a long-term strategic collaboration that enables them to exceed the industry standard in vehicle body repair and paint refinish. The partnership includes the supply of sustainable refinish solutions, expertise and latest […]
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