RateGenius, a fintech company with a proprietary consumer-lending platform, has released its annual study revealing the current state of the auto refinance market for 2021, finding that savings are at a historical high and interest rates are the lowest they’ve been in years, with the current state of the economy driving demand in 2020 leading into 2021.
The Tekmetric Index (TM-500) collects data from 500 auto repair shops, a sample of Tekmetric users across the U.S. TM-500 monitors economical trends to show how the industry is performing as a whole. Below are last week’s trends in car counts and AROs by region.
The IRS is offering resources to struggling small employers and self-employed individuals with retirement plans.
Jake McLaughlin is another one of our next-generation of business leaders in the automotive service industry.
The number of light vehicles per service bay in the U.S. has increased steadily over the past 10 years. However, foreign nameplate cars and light trucks per bay have climbed even faster.
At $2.46, the national gas price average is more expensive on the week (+4 cents), the month (+16 cents) and the year (+2 cents).
Production shortfalls are not only affecting the sale of new cars and trucks, but also affecting new lease deals, according to Scot Hall, executive vice president of Swapalease.com.
Insurance Risk Services of Georgia (IRSG) was requested to complete an Insurance Risk Assessment on Georgia's towing industry for transportation insurance carriers because Georgia had the highest number of towing-related insurance claims in the U.S. for the several years.
The CIECA Board of Trustees recently approved an initiative to begin developing its next generation of CIECA standards.
Marchex (NASDAQ: MCHX), a leading conversational analytics and solutions company that connects the voice of the customer to your business, today released findings from a major study of consumers and their interactions with franchised automotive dealerships showing that potential car buyers in the United States are highly informed and are closing in quickly on a purchase by the time they make first contact with a dealer.
The Tekmetric Index (TM-500) collects data from 500 auto repair shops, a sample of Tekmetric users across the U.S. TM-500 monitors economical trends to show how the industry is performing as a whole.
Today, the Coalition for Future Mobility (CFM), a group that includes the Automotive Service Association and 44 other auto industry stakeholders, sent a letter to the U.S. Congress encouraging the support of autonomous vehicle (AV) legislation this year.
As one of the next-generation of business leaders, Phil Carpenter represents a new face with new ideas.
Domestic car and light truck 2021 aftermarket product sales will fail to top 2006 product volume in this major market segment.
New research released today by Solera Holdings, Inc. (“Solera”), a global leader in data, applications and services for the insurance and automotive industries, found that more than three quarters (76%) of consumers trust automotive claims driven entirely by Artificial Intelligence (“AI”).
We live in unusual times. Today, still in the midst of an uncertain pandemic, people tend to have either an abundance of free time, or no time at all while managing homeschooling, work, and relationships.
The Coalition for Sustainable Automotive Regulation (CSAR), a coalition of automakers including Toyota Motor Corp., Fiat Chrysler, and Hyundai, announced this morning their withdrawal from an emissions lawsuit between California and the federal government.
The national gas price average has been cheaper year-over-year for 336 days—as much as $1.12/gallon less. However, AAA predicts that trend will end as early as this week. At $2.42, the national average is only a nickel cheaper than a year ago.
