Data Shows Various Impacts and Complexity of Vehicle Repairs on Claims
Protective Asset Protection, a provider of F&I programs, services and dealer owned warranty company programs, announced today, a new set of data analysis showing how much average claims have increased annually for GAP payouts and Vehicle Service Contract (VSC) claims dating back to 2014.
The average GAP claim payout has risen 19.5% between…Continue
Data Providers Can Help Expand Opportunities for Mechanical Wholesale
& Collision Wholesale Programs
MOTOR Information Systems, one of the…Continue
Auto sales have faced slightly downward pressures so far in 2019, especially in April where U.S. auto sales declined 2.3 percent1 despite having an extra selling day in the month and having the benefit of the spring selling season as an added incentive for car shoppers.
With the monthly data, the annualized pace of sales dropped to 16.41 million1, below the estimates most industry observers pegged for the year closer to the 16.8 million mark. A year ago…Continue