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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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Manheim Flint and Manheim Houston join Manheim Tucson.
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Online trade widget for lead capture combines with a closing tool on the showroom floor.
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U.S. auto dealers remain optimistic about U.S. economy, concerned over political climate and election season.
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Portfolio Holding Inc. has agreed to acquire National Automotive Experts/NWAN, an F&I products provider and administrator. The acquisition will unite two F&I industry leaders.
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There are thousands of different levels of transparency, varying widely from one dealership to another. Where does your dealership fall on the scale?
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AM Best has increased DAC’s Financial Strength Rating to A (Excellent).
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New vehicle service contract promises a streamlined approach to F&I sales, contracting, rating and claims.
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New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year.
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Line 5 Introduces a New Independent Dealer Program, the new way to finance F&I products and avoid chargebacks with no fee.
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Black Book released its Used Vehicle Retention Index for February 2020 (115.2), a +0.7 point change from January (114.5).
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