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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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National Auto Care announced the promotions of Courtney Wanderon to senior vice president of sales and Spencer Wanderon to vice president of sales.
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ACV Auctions has introduced a new tool billed as the industry’s first-ever mobile high-resolution undercarriage imaging technology.
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ADESA has appointed Brian Wong, Mark Melton, and Eric Carpenter to the general manager post at its Flint, Las Vegas, and Colorado Springs locations.
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Wantalease.com reports moves made by an ‘aggressive’ Nissan highlighted the month in auto leasing, maintaining an industry-low price for the Sentra and offering big discounts on the Titan and Pathfinder.
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Despite manufacturers’ best efforts, J.D. Power analysts described U.S. car buyers’ attitudes toward autonomous and electric vehicles as ‘not encouraging’ upon the release of the first-ever Mobility Confidence Index Study.
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Talkwalker’s latest list of the 20 biggest social media hits and misses includes BMW, Chevrolet, Honda, and Tesla.
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Condition Report Grade and Request a Concierge are the latest enhancements to Manheim Express, the mobile app the company debuted a year ago.
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Longtime Wichita, Kan., Toyota dealer Mike Steven has sued the factory’s luxury division, claiming more than $120 million in damages stemming from a 30-year-old dispute over an unawarded Lexus franchise.
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MAX My Trade is a new tool designed to create a dealer- and customer-driven trade-in process, promising higher profits, improved CSI, and better close rates.
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The demise of the love for driving and cars has been greatly exaggerated, says author automotive journalist Larry Webster in a new book that celebrates the American car culture.
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