Claim frequency and severity for EVs were 17% and 34% higher than traditional internal combustion engine segments.
Posts published in “National News”
Battleground states become focus of Driving Force Action as it ramps up efforts to engage voters and counter Biden Administration electric vehicle initiatives.
The EV manufacturer of the Ocean SUV had brought the vehicle twice as fast as expected but has experienced various market and macroeconomic headwinds.
Auto insurers face a tightrope of increasing their premiums while still losing money and maintaining customer trust levels.
Sales increases in May were driven in part by sales of more affordable car and CUV models.
Dealer service centers, parts stores and general repair sectors all experienced notable growth in 2023, outperforming initial estimates and expectations.
Gas prices fell 8 cents from last week, which marks the largest weekly drop of the year.
