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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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Sens. Chuck Grassley and Ron Wyden have introduced a bill that would extend federal tax credits for buying and fueling vehicles that run on ethanol, biodiesel, natural gas, hydrogen, electricity, and qualified fuel cells.
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U.S. dealers sold 1.27 million new cars and light trucks in February, a 2.9% year-over-year decline and the industry’s weakest two-month start in five years.
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Tesla CEO Elon Musk wished U.S. auto dealers 'Good luck' with mounting a legal challenge as the electric-vehicle manufacturer announced a sudden switch to an online-only retail model.
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Manheim Express Concierge was designed to deploy digital wholesaling specialists in dealerships nationwide, offering hands-on instruction, options, and advice.
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Researchers at two Texas universities say drivers of autonomous vehicles are less likely to successfully avoid hazards undetectable by technology the more time they spend behind the wheel.
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CornerStone United has launched Xpanded Series, a new lineup of service contracts designed for electric, high-mileage, commercial, and other typically excluded vehicle types.
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ADESA has promoted Lawrence Cubitt to Western regional vice president and appointed new general managers at five major U.S. auto auctions.
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Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
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Despite concerns over affordability and a growing 90-day delinquency rate, Experian’s fourth-quarter report signals a continued reliance on auto financing is stabilizing the market.
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ADESA has launched its VirtuaLane live-auction technology at 20 locations in the U.S. and Canada.
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