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Cover image for a BOK Financial report titled “Timing the market: How avoiding volatility entirely can hurt long-term reinsurance program performance.” The image shows several road construction barricades with flashing amber warning lights lined up in a nighttime work zone. Beneath the image, red text explains that avoiding volatility can mean falling behind inflation and missing market rebounds that drive long-term surplus growth. The BOK Financial logo appears at the bottom right.
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Timing the Market Can Hurt Long-Term Program Performance

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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Newsby StaffMarch 27, 2019

Cox Predicts 7% Drop in March Sales

The latest forecast from Cox Automotive puts March new-vehicle sales at 1.547 million, a nearly 7% year-over-year decline, but raises the SAAR from 16.5 million to 16.8 million.

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Newsby Tariq KamalMarch 27, 2019

Report: Fiat Chrysler Acquisition Could Follow Renault-Nissan Merger

Is the world ready for Renault Nissan Fiat Chrysler? Sources tell the Financial Times FCA could finally have a buyer once Renault and Nissan’s houses are in order, creating a new global automotive manufacturing powerhouse.

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Newsby StaffMarch 26, 2019

Maritz, Northwood Partner for Internship Program

Maritz and Northwood University announced a program designed to develop the next generation of automotive industry leaders through student internships, guest lectures, and a new scholarship.

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Newsby Tariq KamalMarch 26, 2019

Texas Dealer Loses MBUSA Award in Stunning Reversal

The Supreme Court of Texas has reversed a lower court decision in favor of a Mercedes-Benz dealer who claimed the factory tricked him into purchasing a dealership and won a multimillion-dollar award that was upheld on appeal.

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Newsby Tariq KamalMarch 26, 2019

Cochran, Morgan Advance in 2018 Top 150 Dealer Rankings

Acquisitions helped #1 Cochran Automotive and Morgan Auto improve their positions in Automotive News’ most recent list of the nation’s biggest auto retailers, but the top 10 remain entrenched.

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Newsby StaffMarch 25, 2019

Renault-Nissan-Mitsubishi Unveils Connected-Car Platform

Renault-Nissan-Mitsubishi has launched Alliance Intelligent Cloud, a new connected-vehicle infrastructure destined for every vehicle the factories sell worldwide.

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Newsby StaffMarch 20, 2019

Lease Prices Fall for Chevrolet, Ford, Nissan

Wantalease.com reports sharp drops and steep increases in average new-vehicle lease payments for March, including aggressive pricing for the Chevrolet Traverse and Ford Fusion.

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Newsby Tariq KamalMarch 20, 2019

Bloomberg: Pivot to SUV Is Hail Mary for Fisker

A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.

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Articlesby Tariq KamalMarch 20, 2019

Q&A: Academia Is the Bridge to the Millennial Workforce

Phil Hellstrom believes work/study programs can help dealers keep their best people on staff while raising the automotive industry’s profile in a near-zero-unemployment job market.

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Newsby StaffMarch 19, 2019

New Infographic Makes Case for Reinsurance Review

Protective Asset Protection has released a new, free infographic that illustrates the pressing need for dealers to consider alternatives to NCFC structures.

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