OEM News

State Farm Faces $8.5B Claim 19 Years After Damage Award

Planning for the caper involved finding the right man for the mission, organizing front organizations to dole out $3.5 million to ensure the job got done, and then creating a disinformation campaign to disguise their handiwork. This wasn’t the premise …

PCI: Aftermarket Parts Legislation Could Impact R.I. Auto Insurance Rates

According to a newly released research brief by the Property Casualty Insurers Association of America (PCI), the negative impacts of 20 pieces of legislation promoted by the Auto Body Association of Rhode Island (ABARI) that have become law since 2003 …

Use of Aftermarket (Non-OEM) Crash Parts in Repair of Damaged Vehicles

According to a 1999 study commissioned by the Alliance of American Insurers (AAI), if you were to build a $25,000 vehicle using only Original Equipment Manufacturer (OEM) parts, it would cost you over $100,000. When repairing vehicles damaged in accidents, …

Michigan Auto Repair Bill Vetoed by Governor

Michigan Gov. Rick Snyder vetoed legislation Thursday that he said would have unfairly and artificially restricted competition in the car parts industry, raising the cost of auto repairs and insurance premiums. The bill, HB 4344, which won approval on 86-23 …

Remote Updates Could Save Auto Manufacturers $35B by 2022

As cars increasingly resemble digital devices, a group of technology firms that can send wireless software updates to cars are in hot demand by carmakers scrambling to catch up to Tesla Motors in the arena of over-the-air updates, or OTAs. …