In Case You Missed It: Top 5 Stories of the Week of May 1-5

In Case You Missed It: Top 5 Stories of the Week of May 1-5

These were the top five collision repair news stories on Autobody News this week. Scroll through to get caught up, or if you want a second read.

Pennsylvania-EV-feeEV Fee in Pennsylvania Touted as 'Best Path Forward'

State lawmakers want to find a way to replace the gas tax with EV fees, before they miss out on tens of millions of dollars to fund roads and bridges.

Read the full article here.

Q1-2023-length-of-rentalLength of Rental in Q1 Showing ‘Glimmers of Normalization’

Length of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022, Enterprise reported. The results, while still at high levels, did offer some glimmers of normalization as opposed to continued increases.

Read the full article here.

worlds-fastest-EV-superchargerOn The Lighter Side: World's Fastest EV Charger in the Works

Swiss multinational company ABB formally launched its electric vehicle charger, Terra 360, which is not only the fastest but can also power up to four vehicles at a time. 

Read the full article here.

F-150-Lightning-Ford-EV-lossesFord Shows First-Quarter Profit Despite EV Revenue Losses

While the Ford Blue and Ford Pro business segments were both profitable in every region where they operate---including North America, as Ford was the best-selling vehicle brand in the U.S.---Ford lost $700 million in its Model e segment. 

Read the full article here.

VinFast-I-CAR-trainingVinFast Partners with I-CAR for Auto Collision Repair and Training

VinFast, the first Vietnamese EV manufacturer, announced I-CAR’s Gold Class shop level credentialing will be a requirement for its U.S. repair network.

Read the full article here.

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