Prior to COVID-19, just 15% of auto insurance claims were handled virtually. Following shutdown measures, nearly every auto claim was, according to LexisNexis Risk Solutions’ Future of Claims report.
The ASE Education Foundation has partnered with several auto care industry companies and organizations to offer free e-learning and online training resources for its auto, truck and collision instructors and students.
Hertz Global Holdings, Inc. on May 5 announced it has considered a revised proposal made by affiliates of Knighthead Capital Management LLC, Certares Opportunities LLC and Apollo Capital Management, LP (KHC Group) to provide equity capital required to fund Hertz's exit from Chapter 11.
Ford’s April retail sales totaled nearly 198,000 vehicles, up 57.1% compared to 2020 results, but also up 23.7% on April 2019 results.
General Motors Co. on May 5 reported first-quarter earnings driven by strong price and mix performance in North America, strong credit and residual value performance at GM Financial and the industry recovery in China.
The auto industry is transforming itself toward a future in which the automobile increasingly will be connected using V2X and 5G. Driver assistance will improve, and ultimately cars will be guided by AI and machine learning.
AkzoNobel on May 4 announced the launch of its new Acoat Selected digital training platform containing business services content relevant to end-user customers.