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State Farm Looks to Expand Blockchain Use for Speedier Auto Claims
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Share This:State Farm says it plans to expand the use of a digital bookkeeping technology to speed up and streamline the auto claims process, after a successful trial run with USAA.
PEMCO’s McNaughton Elected Chair of IIHS Board of Directors
Stan McNaughton, president and CEO of PEMCO Mutual Insurance Company, has been elected chair of the Insurance Institute for Highway Safety’s Board of Directors for 2022.
UAF Automotive Scholarship Application Deadline is March 31
The University of the Aftermarket Foundation (UAF) reminds students March 31 is the deadline to submit applications on the Automotive Aftermarket Scholarship Central website at AutomotiveScholarships.com.
CIF Announces Enterprise Holdings as Repeat Annual Donor
The Collision Industry Foundation (CIF) is delighted that Enterprise Holdings committed to participate again in the CIF Annual Donor Program.
Nationwide to Use CCC® Mobile Appraiser Pro for Faster, More Consistent Inspections
CCC Intelligent Solutions, a leading SaaS platform for the P&C insurance economy, announced Jan. 27 the availability of CCC® Mobile Appraiser Pro, a native app for appraisers designed to accelerate the claims process by driving efficiency and consistency into field inspections.
U.S. House Leaders Unveil Chips, China Competition Bill
Written by David Shepardson and Patricia Zengerle, Reuters
U.S. House of Representatives leaders on Jan. 25 unveiled a bill aimed at increasing U.S. competitiveness with China and supporting the U.S. chip industry, including $52 billion to subsidize semiconductor manufacturing and research.
Tesla Reports Most Impressive Quarter to Date in Q4 and FY 2021 Earnings Results
Written by Simon Alvarez, Teslarati
Tesla’s fourth-quarter and full-year 2021 earnings saw the company post its most impressive quarter yet.
Ford CEO Commits to 600K EVs in 22 Months
Written by Joey Klender, Teslarati
Ford Motor Company CEO Jim Farley said the Detroit automaker is committed to delivering 600,000 all-electric vehicles within the next 22 months.
Hertz Says it is ‘Actively Receiving’ Tesla Model 3 Rental Cars Across the U.S.
Written by Joey Klender, Teslarati
Hertz told Teslarati in a statement it cannot currently share delivery figures but it did confirm it is “actively receiving deliveries for both our retail and Uber rental fleet and have availability in several markets throughout the country as part of our phased national rollout.”
Automakers Want to Become Order Takers
Written by Steven Symes, Motorious
An article from Axios points out a phenomenon we’ve been noticing for a while: car dealerships in America are becoming like dealerships in Europe.
Cox Automotive January Forecast: Auto Sales Volume Holds Steady, Inventory Levels Remain Tight
New-vehicle sales in January are expected to reach 1.01 million units, a drop of 8.9% compared to January 2021, according to a forecast released Jan. 26 by Cox Automotive.
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OEM Apps Still Struggle to Meet Owner Expectations of Speed and Functionality: J.D. Power
The percentage of vehicle owners using the app of the original equipment manufacturer (OEM) continues to increase year over year with 38% of respondents indicating they use the app at least half of the time they drive, according to the J.D. Power 2021 U.S. OEM ICE Benchmark Study, released Jan. 25.
Service King Announces New CFO
Service King announced Jan. 25 it has hired Peter Hunt as its new chief financial officer (CFO).
Performance Group Launches Subscription Maintenance Platform
While subscription services are becoming ubiquitous, until now, there has never been a subscription model that enables consumers to maintain one of their most expensive investments: their automobile.
National EV Charging Initiative Holds Summit to Discuss Future of Charging Stations
The National EV Charging Initiative, launched in August to guide the deployment of a national charging ecosystem, held the National EV Charging Summit in January.