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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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Whether shoppers are looking for a practical crossover, a rugged pickup truck, a fun performance car or anything in between, there’s a used car, truck or SUV out there for everyone – even if they have to look a little harder than usual in the current marketplace.
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As digital retailing rises in popularity, a study by Roadster and NADA examines the tactics and technology dealers can use to transform online sales.
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The well capitalized, secure provider of risk transfer solutions supplies significant capacity to the global reinsurance market.
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The automaker declares 2040 as the date it will phase out gasoline-powered cars.
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As the point of sale becomes more fluid, F&I considerations have moved further upstream. Opportunity abounds in the F&I landscape if dealerships understand their F&I performance.
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Electric vehicle registrations jumped 95% to 133,509 in January through April, compared to the same period in 2020.
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Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.
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Their seamless integration into a dealership’s operational infrastructure lowers overhead, increases operational efficiency, increases CSI performance, reduces stress, and allows personnel to focus on improving revenue, profit, and customer experience.
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Strong leaders, a winning company culture, and employees committed to the customer experience are the ingredients making up Jim Ellis Automotive Group’s 50-year success story.
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Officials indicated they plan to raise interest rates by late 2023, a departure from their March prediction which called for no rate hikes until 2024.
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