Tag: Auto

9 Ways to Get Good Cheap Auto Insurance

Press release content from PR Newswire. The AP news staff was not involved in its creation.

ERIE, Pa., Oct. 12, 2020 /PRNewswire/ — Whether shopping for electronics, furniture or a new car, we all love getting the most bang for our buck – and insurance companies know drivers are looking for bargains when it comes to their car insurance. That’s why many insurers advertise low monthly rates to convince customers they’re getting a great deal. But in the event of an accident, that super-cheap auto insurance might leave you stuck paying out of pocket for car repairs or medical bills.

Erie Insurance helps sort it out with a four ways cheap auto policies often fall short, and nine ways to save on your premium without compromising your coverage.

What are the downsides?

Ways to save with ERIE:

At ERIE, we’re eager to provide an insurance experience

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Auto dealers face a business revolution as EVs gain market share

It was a Friday morning, and eight members of the sales staff at Felix Chevrolet were gathered around the table for a weekly seminar led by Darryl Holter, the boss of the venerable downtown Los Angeles dealership.

This may be one of the more unusual educational efforts in Southern California. The students get weekly reading assignments, on which they’re quizzed, just as in regular schools. But the topic is unusual: how to sell customers on electric cars.

The working-class Latinos who make up Felix’s core market haven’t been early adopters of novel products such as EVs. The obstacles include the perception that EVs as more expensive than conventional cars — that’s true, before government and retailer incentives are counted.

They’re also skimpier on range. While a gasoline car can run 350 miles or more on a single fillup, EVs generally

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Column: Auto dealers face a business revolution as EVs gain market share | Money

Dealers say they’re willing to sell whatever consumers want to buy. But they also say that consumer preferences reflect dynamic factors in the marketplace, including the price of gasoline, and that the auto industry hasn’t been especially skilled at anticipating those factors.

“When gas prices went up, everyone wanted compacts,” Holter recalls. “Then when they stopped going up anymore, we were stuck with all this inventory.”

Dealers may also be wary of EVs because they know that the advanced vehicles are destined to upend their traditional business model.

“Very few dealers make money selling new cars,” says Howard Drake, the owner of Casa Automotive Group — which includes Casa de Cadillac and Subaru, GMC and Buick dealerships, all in Sherman Oaks. “You make all your margin fixing cars” — that is, through repair and warranty service.

The maintenance costs of EVs are as much as one-third lower than those of

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Auto dealers face a business disruption as EVs are poised to gain market share

A Chevrolet Bolt, the company's electric vehicle, is fitted with a battery at a GM assembly plant in Michigan. Automakers are preparing for a sea change in consumer acceptance of EVs. <span class="copyright">(Duane Burleson / Associated Press)</span>
A Chevrolet Bolt, the company’s electric vehicle, is fitted with a battery at a GM assembly plant in Michigan. Automakers are preparing for a sea change in consumer acceptance of EVs. (Duane Burleson / Associated Press)

It was Friday morning, and eight members of the sales staff at Felix Chevrolet were gathered around the table for a weekly seminar led by Darryl Holter, the boss of the venerable downtown Los Angeles dealership.

This may be one of the more unusual educational efforts in Southern California. The students get weekly reading assignments, on which they’re quizzed, just as in regular schools. But the topic is unusual: how to sell customers on electric cars.

The working-class Latinos who make up Felix’s core market haven’t been early adopters of novel products such as EVs. The obstacles include the perception that EVs as more expensive than conventional cars — that’s true, before government and

Read More

Bosch and Broadly Announce Collaboration to Provide World-Class Auto Shops With Premium Online Customer Experiences

OAKLAND, Calif., Oct. 1, 2020 /PRNewswire/ — Bosch and Broadly have entered into a strategic go-to-market collaboration, uniting Bosch Car Service, one of the world’s largest independent chain of workshops backed by the resources, capabilities and first-class expertise of the Bosch team, with Broadly’s unrivaled reputation management and customer communications tools. 

Bosch and Broadly are a dynamic combination, bringing together two influential service providers who have the utmost commitment to delivering outstanding quality service to independent auto shop owners and their customers. Through this collaboration, Bosch Car Service shops will now have access to the Broadly platform — which integrates with current shop management tools and infrastructure — along with training programs to help them grow and up level their businesses.

Broadly is already helping thousands of independent shop owners across the United States grow successful businesses through a variety of high impact features — including Web Chat, Text

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Cerence: This Legacy Auto Supplier Belongs In The SaaS Trash Junkyard – Behind The Idea (NASDAQ:CRNC)

This article was selected to be shared with PRO subscribers, who also got 7 days’ exclusive access to The Friendly Bear’s original Top Idea on Cerence (NASDAQ:CRNC). The Friendly Bear is an individual investor who primarily focuses on short ideas. Find out more about PRO here.

Seeking Alpha: Can you briefly summarize your bearish thesis for readers who may not have seen it yet?

The Friendly Bear: Cerence is just a boring automobile OE supplier that has temporarily benefited from investor excitement over terms such as AI and SaaS. In my view, there is little substance to the hype story. Cerence used to have dominant market position, but there is nothing that differentiates its technology today and it is facing up against large technology companies that have R&D budgets larger than Cerence’s entire market cap. These large technology companies are focused on getting into cars, homes, your phone,

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Online Auto Sales, a Rising Trend Post COVID-19: The Michael Oz, Online Auto Broker Since 2012, Launching Online Luxury Car Subscriptions & Yacht Charters in Palm Beach

Online Auto Sales, a Rising Trend Post COVID-19: The Michael Oz, Online Auto Broker Since 2012, Launching Online Luxury Car Subscriptions & Yacht Charters in Palm Beach

Fort Lauderdale, FL, September 21, 2020 –(PR.com)– The pandemic has resulted in auto sales plummeting globally – a quarterly decline of 10.4 percent for sales in the U.S. was reported at the end Q1 2020. However, as there is a record-breaking increase in e-commerce across industries, online car buying options are emerging as increasingly appealing to consumers in times of COVID-19. What may have been an extra feature, touchless delivery, has become the new norm.

The COVID-19 crisis may have upended auto sales throughout USA, but it has certainly accelerated online sales for the auto industry, making it the latest trend for car dealers, retailers, and even manufacturers. That’s now, but for the past decade or so, this industry has been largely reluctant to embrace online sales due to the fear of disrupting their profitable showroom operations. Although, a few manufacturers like Tesla have been selling vehicles online for years,

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Butane Market – Post Pandemic Recovery Plan – Strategies and Processes | Advantages of LPG as Auto Fuel to Boost Market Growth

The butane market is expected to grow by USD 13.22 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200914005308/en/

Technavio has announced its latest market research report titled Global Butane Market 2020-2024 (Graphic: Business Wire)

Request challenges and opportunities influenced by COVID-19 pandemic – Request a Free Sample Report on COVID-19 Impacts

LPG is a cleaner alternative to conventional fuels such as petrol and diesel as it contains comparatively simpler hydrocarbon compounds. LPG offers similar efficiency and better mileage than petrol vehicles for the same volume of fuel. Also, LPG is free from additives such as lead and has very low sulfur

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Reliance Industries, Tata Motors, Vodafone Idea, auto stocks

NEW DELHI: Here is the list of top 10 stocks that could be in focus Monday:

Reliance Industries: Carlyle Group is looking to invest $1.5-2 billion to buy a stake in Reliance Retail Ventures Ltd (RRVL), said two people aware of the development, joining a string of marquee investors that are keen on buying stakes in units of Mukesh Ambani-led Reliance Industries Ltd.

Tata Motors: Has initiated the process of selling stakes in units Tata Technologies Ltd and Tata Hitachi Construction Machinery Co. Pvt. Ltd as part of its ambitious plan to turn debt-free in three years, Mint reported citing people aware of the plans. “The intent is to monetise non-core assets and the exercise has begun with these two companies,” said one of the three people.

Vodafone Idea: The telco, which is under scrutiny of the Telecom Regulatory Authority of India (Trai) over its RedX premium plan, last

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Myers Auto Group acquires Master Subaru of Tampa and Master Subaru of Orlando

IRVINE, Calif. – 

Myers Auto Group of West Palm Beach, Fla. has acquired Mastro Subaru of Tampa, Fla. and Mastro Subaru of Orlando in Sanford, Fla.

New car dealership broker George Chaconas of Performance Brokerage Services announced the sale, and Performance said Mastro Subaru is known as “Florida’s original Subaru retailer.”

Family-owned-and-operated Mastro Subaru has served the Tampa Bay and Orlando area for more than 50 years.

The dealerships will remain at their current locations under their new names of Subaru South Tampa and Subaru North Orlando.

Stephen Mastro of Mastro Subaru said his dealership had been considering selling “if the number was right.”

“More important was finding the right partner to continue our legacy and allow us to stay on to transition our family business of 50 years,” Mastro said in a news release. “We had been approached to sell by several large Florida and out-of-state auto dealership groups

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