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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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Retail sales dropped 1.3% in May, following a 0.9% gain in April, reported the U.S. Department of Commerce.
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Automotive Damage Appraisers of the Southwest and Metro Appraisal join Sedgwick, expand national reach of auto claims services.
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National Auto Care (NAC) and its line of powersports protection products, National Powersports Care, have been selected by Kawasaki Motors Corp., U.S.A. as the provider for their Preferred Protection Plus™ suite of products.
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Nissan will suspend production of the Murano, Leaf and Maxima at its Smyrna, Tennessee, plant for four additional weeks after its summer shutdown ends.
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The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).
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As a manager it’s your job to make the sales team want to keep up with their daily tasks by challenging them to come up with creative ways to accomplish tasks without making it seem like a chore.
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Sunbit technology is currently available in 111 MNAO dealerships.
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Mickey Quinn of Vanguard Dealer Services reports customers who buy post-sale vehicle service contracts from dealerships are 3+ times as likely to buy another car from them in the future.
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Car supply shortage squeezes sellers and shoppers as Cars.com finds nearly 1-in-3 recent buyers drove 100 miles or more for the car they want.
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President Biden assigned the task force to develop responses for near-term supply challenges in key industries.
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