BUSINESS NEWS
A POWERFUL PAIRING 3M has extended its status with the International Bodyshop Industry Symposium (IBIS) partnership, the companies announced in December. The agreement to remain a Global IBIS Partner will be in place for three years, said 3M. The companies have maintained a relationship since the inaugural IBIS Global Summit in 2001. “We’re thrilled to […]
Faraday Future Announces the Receipt of First Payment From Recent Round of $135 Million Financing and Will Host a FFIE Global Investor Communications and Proxy Voting Webinar on Monday, February 13th
The Company requests stockholders to vote in favor of the proposals at the February 28, 2023 special meeting and submit proxies in respect thereof The Company received $50.0 million ($44.5 million net of original discount and transaction costs) as of February 9, 2023, from recently announced round of $135 million financing LOS ANGELES–(BUSINESS WIRE)–Faraday Future […]
INSURANCE NEWS
DRIVING DISPARITY The New Brunswick Insurance Board continues to approve insurer requests allowing credit scores to determine driver insurance rates, despite criticism that the practice carries discriminatory implications. Former attorney general Kelly Lamrock said that the use of poor credit to determine auto premiums was comparable with price discrimination by gender and age, saying in […]
Battery Best Practices: Mercedes collision expert talks EV repair on Guild 21 webinar
Toronto, Ontario — As surely every collision centre manager knows, but it always bears repeating, Mercedes-Benz’s Benito Cid reminded the industry that “a trained technician saves you a lot”, during a Thursday afternoon Guild 21 webinar. This tip comes along with a promise that the EV training managers invest in today will pay off when […]
‘Ol Reliable: Lexus tops J.D. Power 2023 U.S. Vehicle Dependability Study
Toronto, Ontario — What do your favourite jeans, an old recipe and Lexus vehicles have in common? If you asked the experts at J.D. Power, they might say “dependability”, given the results of the newly released 2023 U.S. Vehicle Dependability Study. That’s right, Toyota’s highly esteemed luxury brand came out on top of this year’s […]
Growing Reputation: Axalta AquaEC Flex electric vehicle coating earns 2023 Edison Award, three earned this year
Pennsylvania, United States – Axalta has won three 2023 Edison Awards, with one of the winners being AquaEC Flex, an electrocoat specially designed for electric vehicles (EVs). The other two award recipients were the Abcite 2060 coating for large metal structures and the self-priming kitchen cabinet coating. According to a company press release, AquaEC Flex […]
Can You Believe This?! Toyota Previa as a pickup, DIY headlight replacements and more
Toronto, Ontario — Another Friday, another wild and wacky Can You Believe This?! clip. This week, find a life hack for headlight replacements in a pinch; see motorcyclists do tummy time; floppy disk detailing and much, much more!
