Economy

For those dealers who participate in reinsurance and follow loss ratios, you’ve probably seen a spike of increasing Guaranteed Asset Protection contracts within the last couple years. At EFG Companies, we have been analyzing this trend very carefully. Let’s review what’s happening in the...

  America is “doing well” according to Fed Chair Janet Yellen at a news conference in Washington. In this video Yellen gives an update on the state of the economic outlook and job gains. Watch the full story from Bloomberg.

Engaging Advisor to Assist The time has come. You have well-thought-out reasons to sell your business. You have put your business in the best possible position for sale. You are ready to devote significant time and money to the sales process. Market conditions indicate...

Should Ford stick to doing what it does best?    Steve Hall from NCM on communicating better with your service customers OEM: Honda chief retires to help make "moonshine"

The Great Recession’s ghost is suddenly appearing at used car lots across the United States. The situation amounts to a collision between timing and math: When the auto industry imploded in 2009, the number of vehicles it produced fell sharply, with the decline lasting more...

Mike Stanton: V.P. and General Manager of J.D. Power Valuation Services

Tesla CEO Elon Musk said he has used his proximity to the Trump administration to share his thoughts on the fate of electric vehicle subsidies during the company's fourth-quarter earnings call Wednesday. Musk was asked whether he was anticipating a change in the zero-emissions vehicle (ZEV)...

Elon Musk is burning through cash and may need to raise more soon to produce the mass-market electric sedan Tesla Inc. is banking on to reach the mainstream consumer. A capital raise would provide more cushion to the smallest and youngest publicly held U.S. automaker,...