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FTC Says 90% Of Buyers Paid $2,000 More Than Advertised At Stellantis, GM And Ford Dealer Group

Carscoops

According to the Federal Trade Commission (FTC) and the state of Maryland, a local dealer network raked in millions thanks to deceptive practices. Drivers’ Data to Insurers The allegations claim violations of the FTC Act and Maryland’s Consumer Protection Act, accusing Lindsay of consistently misleading customers about pricing.

Buyer 116
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Admiral to set up UK motor finance approved dealership network

Motor Trader

International financial services group Admiral is recruiting a network of UK dealers to boost its car finance business in the UK. The group is hoping to drum up business for dealers leveraging its insurance database of 6.7 million customers and motor insurance listing of 4.94 million customers. in the showroom.

Insiders

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Tesla Australia partnership brings insurance deal for local owners

CarExpert

Insurance company Zurich has forged an agreement with Tesla , becoming the electric vehicle (EV) brand’s preferred insurance provider in Australia. Like other Tesla features, the insurance product is available to Australian owners via the Tesla smartphone app.

Insurance 105
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Over 250 new dealers sign up to RAC Dealer Network

Motor Trader

Over 250 new dealers have signed up to the RAC Dealer Network in the last 12 months, the biggest period of growth since its launch in 2008. Lee Coomber, RAC client director at Assurant, said: “It’s been a really positive period for the RAC Dealer Network, something powered by a number of key trends.

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‘It was a disaster’: The big problem with electric car insurance claims

Drive.com

Insurance claims for electric cars are an increasingly complicated issue – and experts are calling for better protocols to safeguard consumers. ” The couple, from a remote part of Central Queensland, proceeded to make an insurance claim – and that’s where the problems began.

Insurance 105
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EVs more expensive to insure, but hybrids are the real surprise

CarExpert

Electric vehicles (EVs) typically remain more expensive to insure than combustion-powered and hybrid vehicles, according to claims data from insurance company Youi. The insurer has provided data showing the median premium for EVs, hybrids and combustion-powered (ICE) vehicles across model years 2022, 2023 and 2024. Browse now.

Insurance 105
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Honda, Nissan plotting merger as EV competition rises – report

CarExpert

per cent to under 36 per cent last year leaving the Japanese brand searching for a long-term, steady shareholder such as a bank or insurance group to provide financial stability. Between January and November 2024, Nissan delivered 41,060 vehicles to Australian customers. billion yen (~A$3bn) to 32.9 billion yen (~A$334 million).

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