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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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The EV automaker appears positioned for another growth phase as long as the global economy stays strong, analysts say.
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Volvo Cars points to a potential slump in retail sales in 2022 after posting higher second-quarter profits.
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Working out a custom plan for your dealership that incorporates your learnings is an effective way to encourage transparency, improve efficiencies, and ensure a smooth, compliant experience for all.
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TransUnion study compares electric vehicle and traditional internal combustion engine buyers.
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Auto manufacturers cut over 100,000 vehicles from North American production schedules because of the global microchip shortage last week, reports AFS.
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The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.
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The Estimated Average Weekly Sales Rate increased to 67%.
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Over the last two weeks, Manheim Market Report prices saw higher-than-normal but decelerating declines.
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Total used-vehicle sales in June are estimated to be near 3.21 million units, down 5% from June 2021, according to Cox Automotive.
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With low inventory and high demand, incentives dropped to a record low in June, averaging only 2.3% of the average transaction price.
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