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For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
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Volvo Cars will soon convert mainstay models to EVs and introduce a luxury electric van.
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NADA CEO Mike Stanton, outgoing Chairman Mike Alford, and incoming Chairman Geoff Pohanka shared what’s on deck for the year ahead.
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Rivian Chief Executive RJ Scaringe announced in a memo to employees plans to trim another 6% of its workforce.
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Dealers told at NADA Show that supply issues haven’t gone away.
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Model to go on sale next year as part of expanded hydrogen fuel-cell business.
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Improves transportation process for both groups to move single-vehicle loads.
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Japanese automaker holds top sales title for third straight year, besting VW.
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Also finds 31% don’t use only preferred vendors and still look at outside vendors to take vehicle photos, videos.
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Investment continues its focus on making digital-buying experience as good as in-person.
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