Rising insurance costs are cutting into auto dealership profits across the country. From higher premiums on inventory and liability coverage to increased repair costs that drive customers away, ...
This story was produced by April D. Lee and distributed by Next Net. Auto dealers face a set of specific insurance gaps that may be overlooked. These hidden exposures can put businesses at risk of ...
Insurance for auto dealerships has seen a whirlwind of changes lately that have impacted the way business is done in the industry. In today's competitive market, dealers are under pressure to secure ...
Buying insurance through the car dealer while purchasing a new vehicle offers convenience, instant coverage and easier claim support. Dealers handle paperwork and assist with repairs and claims.
A predicted increase in electric vehicle sales in Canada may gradually change the calculus of auto insurance, and car ...
On November 22, 2024, the Ontario Ministry of Finance announced that it is proceeding with a plan announced in Ontario’s 2024 Budget that will give the Financial Services Regulatory Authority (FSRA) ...
The Federal Trade Commission's proposed new rules on auto dealerships would cost customers more time and dealers more money than the agency expects, a new Center for Automotive Research study ...
Asbury Automotive Inc.'s same-store finance and insurance gross profit per vehicle fell 6 percent to $2,218 during the first quarter, while overall F&I gross profit fell 3.6 percent to $2,259. Asbury ...