Auto News

Assurant Launches Vehicle Care Offering

By Tricor Admin | March 31, 2025

Program offers comprehensive protection for high-tech vehicle components and wear-and-tear items, plus common smartphone repairs. Assurant, a protection company that safeguards and services connected devices, homes and automobiles in partnership with leading brands, launched Assurant Vehicle Care Technology Plus, a vehicle service contract offering consumers protection for vehicles and mobile devices. Customers can get comprehensive protection…

Enhancing Lives

By Tricor Admin | March 27, 2025

A key aspect of being a professional is treating all people the same.  Pexels/Engin Akyurt “If you want to improve your world, then focus your attention on helping others.” – John C. Maxell All professionals enhance those around them. That is what makes them professionals! Going the extra mile and thinking ahead to be prepared…

Car Types Depreciate Differently

By Tricor Admin | March 27, 2025

Hybrids like the Toyota Prius hold onto their value longer than many gas-powered vehicles, according to the study. When it comes to retaining value over time, a newly released study shows hybrids and pickups hold on to the most while electric vehicles lose the most. The iSeeCars.com research revealed a sometime stark disparity among various…

State May Limit Insurer Telematics Use

By Tricor Admin | March 25, 2025

The bill if passed would require auto insurers to disclose telematics data-collection programs to private passenger vehicle policy holders. Pexels/Lukas The state of Maryland is considering a bill that would limit auto insurers’ telematics data access and use of the information for premium or policy changes. The proposal, aimed at protecting consumer privacy, was scheduled…

Black Book: Weekly Market Update

By Tricor Admin | March 25, 2025

Home EV Charger Reception Mixed

By Tricor Admin | March 25, 2025

J.D. Power advocates steering EV consumers to permanently mounted level-2 chargers since, despite their problems, they have the highest satisfaction rates. Electric-vehicle owners are less satisfied with their home chargers as electricity rates rise and some experience slow charging speed and connection problems. A J.D. Power survey of more than 10,000 owners of 2019 to…

4 Keys to Reinsurance in a Buy/Sell Transaction

By Tricor Admin | March 21, 2025

Reinsurance is a critical part of nearly every franchised dealer’s retail enterprise and personal finances. Don’t get too far into your next buy/sell transaction without determining the impact of reinsurance on the sale price — and the hidden potential a careful analysis may reveal. Download “4 Keys to Reinsurance in a Buy/Sell Transaction” for a…

Crank Up the EQ

By Tricor Admin | March 20, 2025

If your dealership’s EQ is out of whack, it’s out of tune with your employees, customers and your bottom line, Williams says. Pexels/RDNE Stock Project Let’s cut to the chase—if you’re running a dealership in today’s world without emotional intelligence, you’re leaving money on the table and kicking talent out the door. Trust me, I’ve…

Cybertruck Recalled Again

By Tricor Admin | March 20, 2025

Vehicle occupants may hear a noise inside the cabin if the panel starts to separate. Pexels/Stephen Leonardi Tesla recalled both model years of its Cybertruck due to an exterior panel that can fall off the vehicle. The Texas-based electric vehicle maker recalled the more than 46,000 Cybertrucks it’s manufactured since the model entered production in…

Fewer Vehicles Stolen in 2024

By Tricor Admin | March 20, 2025

Overall vehicle theft fell to nearly 851,000 after spiking to more than a million in 2023. Pexels/Efrem Efre Car thefts fell last year after a four-year stretch of increases during the pandemic. The 17% decline, according to National Insurance Crime Bureau data, brought thefts below the million mark for the first time since 2021 and…