Prosidium Theft Shield
Every 40.9 seconds, a vehicle is stolen in the United States, with over 720,000 drivers becoming victims each year. It is critical to protect your vehicle so that your investment does not become a total loss if it’s stolen. In this post, we’ll explain what Prosidium Theft Shield is, why it is useful, and what […]
Winter-Ready Vehicles: Tips for Safe Winter Driving
As the U.S. braces for below-average winter temperatures, it’s crucial for vehicle owners, including those with warranties, to be prepared. Winter brings not just colder weather but also more challenging driving conditions. To help protect yourself from unwanted troubles during this season, here’s an easy-to-understand checklist to prepare your vehicle for winter driving conditions: 1. […]
Q4 Dealer Sentiment Survey: Addressing Auto Industry Challenges
The Dealer Sentiment Index Survey for Q4 showed that interest rates, the economy, and market conditions were major factors holding back dealership business in Q4. In the auto industry, staying informed and navigating these challenges is crucial for maintaining dealership success. Recent developments from the Federal Reserve hint that borrowing costs may decrease, easing some […]
Navigating the FTC’s Auto Retail Regulations: What Auto Dealers Need to Know
The Federal Trade Commission (FTC) announced that the CARS Rule will take effect on July 30th, 2024. The CARS Rule places specific requirements for auto dealership advertising, record-keeping, customer interactions, and the sale of finance and insurance (F&I) products. While the FTC believes this rule will protect consumers from potentially harmful dealership practices, Automotive News reports […]
Industry Trends to Watch Leading Into 2024
As we near the final stretch of 2023, the automotive industry sits at a crossroads, adapting to the transformative shifts that have marked the year. From the accelerating focus on vehicle technologies to the impact of online platforms on car sales, the automotive landscape is evolving. Let’s explore the key trends that have helped define […]
Driving Tomorrow: Insights Into the Evolving EV Landscape
The electric vehicle (EV) industry saw a notable boost in the third quarter of 2023. According to Automotive News, EV registrations once again rose year-over-year, reaching a 7.4% share in the United States. From January to September 2023, vehicle registrations hit 854,904, putting them on track to surpass one million EV registrations for the first […]
Standard Diagnostic System for EVs Projected by 2026
As electric vehicles (EV) gain traction on our roads, so do concerns about the diagnostic capabilities of EVs when problems arise. Steering through these issues can be a source of frustration for EV owners and independent repair facilities. This blog explores the critical need for a standardized diagnostic system in EVs and how industry standards […]
Prosidium RV Safety Shield
Your RV’s windshield plays a crucial role in keeping you and your fellow travelers safe by shielding you from the elements outside. Windshield damage is quite common, and fixing the damage quickly is important for your safety. That’s where Prosidium RV Safety Shield comes in, offering comprehensive coverage for windshield repairs to ensure you can […]
Prosidium RV GAP
The open road becomes your playground when you live the RV lifestyle, and adventure awaits around every corner. Unexpected mishaps, however, can turn a dream trip into a financial nightmare. This is where RV Gap comes to the rescue. Prosidium RV Gap: RV Gap, also known as Guaranteed Asset Protection, is a protection plan tailored to […]
Revamping Auto Dealership Practices: What You Need to Know About Newly Proposed FTC Rules
In 2022, the Federal Trade Commission (FTC) introduced its Motor Vehicle Dealers Trade Regulation Rule. This aimed to combat deceptive dealership practices and restrict certain financial and insurance (F&I) coverages and other vehicle add-ons. If the proposed Motor Vehicle Dealers Trade Regulation Rule becomes law, it will bring in a series of changes in the […]
Detroit Three and UAW Strike Updates
The UAW strike against the Big Three Automakers: General Motors, Ford, and Stellantis, began on September 15th. After a grueling month and a half, a tentative deal has been made between the United Auto Workers Union and all three of the Detroit Automakers. UAW Original Auto Bargaining Demands According to the UAW, members of the […]
What Is A Vehicle Service Contract Or Third Party Warranty?
What is a Vehicle Service Contract (VSC) or Third Party Warranty? Third party warranties (we will use VSC’s for short) help you prevent expensive repairs from eating into your wallet. Having an unexpected bill for your new or used car can be frustrating and difficult to budget for. Your VSC acts as a shield to […]
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