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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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NADA has launched a new section of its website, the NADA Coronavirus Hub, for local dealerships looking for information on NADA’s government advocacy, regulatory compliance, educational resources, webinars and government resources related to the COVID-19 pandemic.
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The CARES Act provides $2 trillion of stimulus to individuals, businesses, and hospitals and other impacted industries in response to the economic distress caused by the pandemic.
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Leader Auto Resources (LAR), Resilience Capital Partners enter partnership to enhance services, significantly grow U.S. business.
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APCO Holdings announced they will begin providing free access to digital retailing tools and online training courses designed to help dealers as the coronavirus crisis impacts normal business operations.
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Passage and signing of CARES Act provides emergency relief to independent auto dealers.
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Autotrader debuts Dealer Home Services to help sell and deliver vehicles without requiring a visit to the dealership.
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As more state governments enforce a temporary or partial shutdown of dealerships, automotiveMastermind has shared a comprehensive 36-point checklist.
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Black Book has posted a new report with COVID-19 Market Updates (as of 3/26/2020) for the Specialty Markets.
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Dealerships are in a unique position to capitalize on the shift towards a future filled with electric vehicles by transforming the customer experience.
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Vision Dealer Solutions is providing its dealer VisionMenu™ clients complimentary access to the company’s Remote F&I™ service for at-home deliveries.
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