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From the Magazine: Headwinds awaiting your shop

Auto Service World

Reflecting on the macroeconomic environment in 2024, the start of 2024 saw mechanical retail service locations performing well. Segments such as collision and auto-glass, which often rely on insurance-paid components, have seen growth opportunities, particularly with the evolution of advanced driver assistance systems (ADAS).

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Polly’s Latest Report Highlights Insurance Opportunities for Dealers

AutoSuccess

According to Polly’s Q4 2024 Embedded Auto Insurance Report , auto insurance rates stabilized in 2024 after two years of steep increases. The average in-dealership insurance quote averaged $199 per month in 2024, a stark contrast to the volatile swings of prior years that saw insurance rate increases vastly exceed inflation.

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Driving E-Commerce Success: Why Digital Titling is Key for Auto Dealers

AutoSuccess

Yet, making online retail into a reality has remained a challenge for auto dealers. In worst-case scenarios, that process can take far longer: news reports have highlighted instances where some online retailers took nearly a year to get a title to a customer. E-commerce is the future for auto dealers. That’s speed redefined!

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What Is the Career Path of an Auto Body Estimator After Automotive School?

Automotive Training Centre

This involves inspecting the extent of structural, mechanical, and cosmetic damage, calculating labor and parts costs, and working closely with repair technicians, insurance companies, and customers to ensure a smooth repair process. Many begin their careers as collision estimators, assessing vehicle damage and preparing repair quotes.

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Mavsign, RouteOne Integrate to Streamline Transactions

AutoSuccess

Mavsign’s integration with RouteOne integration transforms the vehicle transaction process by integrating RouteOne’s finance and insurance platform with Mavsign’s advanced remote signing and verification capabilities, delivering unparalleled efficiency and security.

Finance 52
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In The Car Integrates with Tekion

AutoSuccess

Through this partnership with Tekion , dealers can now connect In The Car with Tekion’s Automotive Retail Cloud (ARC) seamlessly, in real time, making data sharing faster and easier than ever. In The Car’s embedded digital-first platform enables OEMs and dealerships to provide insurance policies directly to consumers.

Car 52
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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

AutoSuccess

22% of dealers noted that the cost of vehicle insurance for consumers is holding back their business. Independent dealers, more than franchised dealers, felt that the cost of insurance was holding back business.