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Protective Life Corp. closed its acquisition of F&I company Portfolio Holding Inc., expanding its Asset Protection Division across the automotive, RV, power sports and marine sectors.
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Ten cars, three trucks and 13 utility vehicles will advance to finalist round.
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The price of lithium carbonate, a key EV battery component, has tripled over past year as demand spikes.
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New VSC covers technology, electronic components and safety systems in vehicles.
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Automaker won’t offer retailers buyouts as some brands have, but it will introduce sales requirements.
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First $900 million coming to help 35 states build network of stations. President also promotes tax breaks to buy EVs built in North America.
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JM&A bundles its existing suite of EV protection products tailored to an electrified future, including a new limited warranty for pre-owned vehicles.
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Napleton Auto Group topped the ranking, followed by Penske Automotive Group in the second spot, and Berkshire Hathaway Automotive in the third.
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Service contract sales can happen in the service lane when dealers tap into this potential, says Jim Fisher, assistant vice president of Dealer Programs for AGWS.
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San Diego company offering two-part protection plan for vehicle owners, including unique identification numbers, to shield them from ballooning thefts.
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Porsche SE, Volkswagen’s biggest shareholder, said it plans to scoop up 25 percent, plus one extra share, in carmaker Porsche AG voting stock when VW lists the sports car brand.
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