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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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Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.
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The new cloud-based data system will help automakers remotely diagnose vehicle issues to prevent recalls, improve safety, and manage related data.
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Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.
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One of the greatest factors influencing the ability to attract new customers rests in managing customer reviews.
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November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.
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Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.
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Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.
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Automaker reports batteries will power half of the vehicles it sells by 2030.
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Portfolio has promoted 20-year industry veteran Chad Millspaugh to the position of vice president of sales and marketing.
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Dealers must be on the lookout for vehicles damaged in Hurricane Ida as they resurface across the country.
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