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Rivian Ends 2021 with 1,015 Vehicles Produced, COO Retires from Company
Written by Simon Alvarez, Teslarati
In a recent press release, Rivian announced it had officially produced a total of 1,015 vehicles by the end of 2021, 920 of which were delivered before the end of the year.
Average New-Vehicle Prices Driven Further into Record Territory
New-vehicle average transaction prices (ATPs) increased further into record territory in December to reach $47,077, according to new data released Jan. 11 by Kelley Blue Book.
Repairify™, LAUNCH Sign Global Patent Licensing and Supply Agreement
Repairify™, Inc., a portfolio company of Kinderhook Industries, LLC, on Jan. 11 announced it has signed a global agreement with Launch Tech Co., Ltd., a leading global supplier of automotive diagnostic tools and solutions.
Albert Kemperle, Inc. Joins Wesco Group
Wesco Group, a leading paint, body and equipment distributor in the western U.S. and Canada, is pleased to announce Albert Kemperle, Inc. has joined the Wesco family of companies.
Growth in Used Vehicle Values Expected Through Spring 2022
Written by Vehicle Remarketing Staff
Wholesale used vehicle prices---on a mix-, mileage- and seasonally-adjusted basis---increased 1.6% month over month in December to a record high of 236.2, a 46.6% increase from a year ago, according to numbers released Jan. 7 from the Manheim Used Vehicle Value Index.
Poll: Americans Less Concerned About COVID, More Concerned About Economy, Inflation
Written by Casey Harper, The Center Square
Americans are more concerned about the economy than COVID-19, even as cases surge nationwide, according to a new poll.
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Top 5 Trends Impacting P&C Insurance in 2022
Welcome to the first CCC Trends report of 2022. CCC Trends highlights key developments impacting the Property & Casualty insurance and collision repair industries. We deliver news you can use monthly to help you make better business decisions and create better customer experiences.
'Cheap' Volkswagen ID.4 Coming 'in the $35,000 Range'
Written by Mark Kane, Inside EVs
Volkswagen closed 2021 with almost 17,000 ID.4 sales in the U.S. but the number could be four times higher, according to the company's representative.
How Tesla Stock and a PPP Loan Landed a Man 4 Years in Jail
Written by Joey Klender, Teslarati
Among the many things Andrew Aaron Lloyd bought with his $3.4 million Paycheck Protection Program (PPP) loan from the U.S. government, Tesla stock was one of his biggest purchases.
Root Insurance Selects Tractable as AI Partner to Streamline Claims Operations
Root Insurance, a leading U.S. insurtech, will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable's suite of AI solutions.