Battery Benefits: New Jersey establishes EV battery recycling legislation

New Jersey, United States — The U.S. state of New Jersey’s Electric and Hybrid Vehicle Battery Management Act has been passed and approved as of January 8, 2024, marking the first American state to create industry guidance for the recycling of lithium-ion batteries. The act requires manufacturers to be responsible for the collection and management […]

One-Coat Wonder: BASF launches one-coat clear, RMC1000

Southfield, Michigan — BASF has announced that its premium refinish brand, RM, has launched what it calls the first-ever single-coat clear, RMC1000. The product was created to meet customer demands for speed and efficiency, reducing cycle times and providing superior sag resistance. According to BASF, RMC1000 can be applied wet in one layer and dried […]

Half Day: Average length of rental for Q4 2023 was 0.6 days lower than Q4 2022

Toronto, Ontario — The fourth-quarter 2023 overall average length-of-rental for collision-related car rentals was 16.4 days–just over a half-day lower than Q4 2022’s average LOR. Of all the provinces, Ontario had the highest LOR at 18.1 days, followed closely by Alberta at 17.1 days. Comparatively, Prince Edward Island (P.E.I) had the lowest LOR record at […]

Tuesday Ticker: Rivian hires longtime Apple hardware designer

Toronto, Ontario ⁠— In this weekly Tuesday Ticker, Rivian goes Apple picking for new hires, while AutoCanada marks a date for its Q4 2023 and full-year 2023 results call.  AutoCanada’s annuals Edmonton-based dealer group, AutoCanada, will release its financial results on Thursday, March 7, 2024, before the markets open, the company announced this past Monday […]