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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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August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.
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Haig Partners released its Q2 2021 Haig Report, a quarterly report that tracks trends in auto retail and how they impact dealership values.
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The rate of depreciation has been slowing in recent weeks and this past week, the overall Car segment week-over-week change crossed back into positive territory, with six out of the nine Car segments reporting gains.
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Company brings “modern retailing” approach to dealerships, launches e-learning platform and adds human resources, multichannel communication and cybersecurity tracks.
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The entire Prime Automotive Group portfolio will be sold as a platform, hoping to close a transaction by year’s end.
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Lithia Motors Inc. adds a large-volume Honda store in Southern California and two import dealerships near Dallas, Texas.
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Taiwan is at work to address the global shortage of semiconductors, reported Economy Minister Wang Mei-hua after meeting with the newly appointed de facto U.S. ambassador in Taipei.
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Inventory shortages continue to push average loan amounts and monthly payments for used vehicles higher.
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EV companies, Arrival and Fisker, embark on paths designed to circumvent production challenges experienced by Tesla.
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Urban Science’s midyear Automotive Franchise Activity Report puts average throughput at 910 new vehicles per store this year.
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