This includes planning with the adjuster and CAT case manager on the successive services, equipment, and supplies the injured individual needs upon discharge.
September 2020 Kontos Kommentary The following commentary is produced monthly by Tom Kontos, Chief Economist, KAR Global. KAR Global is a leading provider of wholesale used vehicle auctions and ancillary remarketing services.1
The quarterly LOR summary is produced by Enterprise Rent-A-Car.
Global electric vehicle (EV) sales have grown steadily in recent years—from 0.6% of new cars sold in 2015 to 2.5% in 2019. With 100 electrified models expected to hit showrooms by 2022 and a $300 billion OEM commitment to development and infrastructure, EVs are gaining ground on the internal combustion engine (ICE).
None of us could have predicted the events of 2020 and their impact on the automotive industry. A disruption in the export of Chinese parts, manufacturing delays in Europe, the short-term closure of U.S. assembly plants and a significant drop in sales volume can all be blamed on COVID-19. Despite these challenges, however, the industry continues to demonstrate its resilience. From OEMs producing personal protective equipment to dealerships launching online purchasing options, the automotive sector is finding new ways to move forward. So what can we expect in 2021? Here are five trends that we’re watching and that you should be aware of as you prepare for the New Year.
The messenger RNA vaccine is the first to be granted emergency use authorization (EUA) in the United States.