ACV Updates | ACV Auctions

Car Insurance Rates: What’s Behind the Rapid Increase and the Impact on Car Dealers?

Car insurance premiums have surged by 21% in the past year, with post-pandemic factors such as inflation, higher repair costs, and an uptick in severe accidents fueling the increase. As a result, consumers are finding it harder to afford coverage, leading many to opt for lower-priced vehicles.

Read Article

Other Articles

In the Passenger's Seat with George Chamoun of ACV Auctions from NADA 2025

January 27, 2025

In the Passenger's Seat with George Chamoun of ACV Auctions from NADA 2025

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. In this episode he meets with George Chamoun, CEO of ACV Auctions live at NADA 2025. They explore how ACV is tackling the most pressing challenges facing dealers today. From ensuring dealers get the right price on every car, every time, to standardizing the appraisal process and helping dealerships acquire more cars directly from consumers.

Read Article

January 13, 2025

CES 2025 Key Takeaways for Car Dealers and the Focus on Software-Defined Vehicles

CES 2025 highlighted the rise of Software-Defined Vehicles (SDVs), showcasing advancements in AI, safety, and in-cabin comfort.

Read Article

A truck driver gripping the steering wheel

January 13, 2025

What Is Freight Factoring and How Does It Work?

Managing finances can be a challenge for truck drivers, especially with delayed invoice payments creating cash flow issues. Freight factoring offers a solution by allowing truckers to sell outstanding invoices to a factoring company in exchange for immediate cash.

Read Article

January 13, 2025

Bookkeeping for Truckers: 6 Tips to Help Keep Your Finances in Order

Bookkeeping is an often overlooked aspect of running a successful trucking business. This article highlights six tips for truckers to streamline financial management.

Read Article