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Auto Industry’s Share of Global Microchip Demand Continues to Grow
The auto industry was responsible for 17% of global microchip purchases in 2023, up 3% year-over-year, according to World Semiconductor Trade Statistics (WSTS). This puts it ahead of consumer electronics and industrial sectors, behind only…
Strong Seller’s Market in Real Estate Continues to Drive Low Sales of Home Warranties
The strong seller’s market in real estate continues to drive low sales of home warranties included as part of a real estate transaction, creating a significant opportunity for direct-to-consumer (DTC) home warranty companies. In a…
Tax Refunds Cause Boost in Used Vehicle Sales
Retail used-vehicle sales rose about 14% month-over-month in February and about 11% year-over-year for the strongest volume in nearly a year, highlighting a notable uptick in consumer demand. With tax season in full swing, customers…
Colonnade Securities advises Crystal Fusion™ Technologies, Inc. on its sale to APCO Holdings, LLC
May 1, 2024 APCO Holdings, LLC (APCO), a leading provider and administrator of automotive Finance & Insurance (F&I) products and home to the EasyCare and GWC Warranty brands, has acquired Crystal Fusion Technologies, Inc., a…
Auto Finance Leaders Cite Reduced Fraud and Increased Speed as Top Benefits of Automation in the Lending Process
21% of auto finance leaders cite reduced fraud as the top benefit of automation in the lending process, followed by increased speed (19%), improved accuracy (18%), and lower costs (18%), according to an online survey…
