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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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Two members of the U.S. House of Representatives have launched a bipartisan effort to spur legislative efforts that support self-driving vehicles.
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Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.
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Major automakers say the $430 billion bill approved Sunday by the U.S. Senate will put the brakes on achieving U.S. electric-vehicle adoption targets for 2030.
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Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
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Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.
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Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
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The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.
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Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.
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General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.
Read More →Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.
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