Volkswagen has reportedly reached a $15bn (£11.3bn) settlement with US car owners following the emissions scandal. A source claims the deal would see VW offer to repair or buy back affected diesel vehicles and pay owners compensation. The settlement figure would see nearly 500,000 US diesel VW vehicle owners receive $5,000 each on average as [...]

IHS Automotive anticipates that the UK’s vote to leave the EU will lead to a reduction in its current light-vehicle sales forecast, on top of an already expected decline for the market. IHS also sees production being hit in response to the reduction in UK sales, while the potential for slower growth in the Eurozone [...]

Henkel’s newly opened Composite Lab in Heidelberg, Germany, is a state-of-the-art test facility where automotive customers can team up with experts to develop and test composite parts. Henkel has opened its Composite Lab to allow OEMs and Tier-1 customers to conduct trials using high-pressure resin transfer molding (HP-RTM) equipment. The HP-RTM machine includes a 380 [...]

Six of Service King Collision Repair Centers’ locations have been recognised by Mitchell International as 2015 AutoChexTM Premier Achievers for excellence in customer service. Service King’s six Premier Achievers led the industry in total recognition by a multi-shop operator (MSO) as the Richardson, Texas-based organisation continues to position itself as one of the collision repair [...]

Assured Performance, one of the largest OEM certified collision repair networks in the world, will hold an OEM Certification Symposium in conjunction with the NACE expo 2016. The symposium which takes place 10-11 August will see Assured Performance and vehicle manufacturers including: Ford, Nissan, Fiat-Chrysler Automobiles, Hyundai and others combine to host a content-filled symposium [...]