Purchasing from a “reputable retailer” is the number one factor for used car buyers, according to a new survey. Conducted for the RAC Dealer Network and its aftersales partner Assurant, the research shows seller trustworthiness named by 62% of respondents — an increase from 59% in 2023 and 55% in 2021. In second place is the manufacturer and model of the … [Read more...]
Product recalls growing threat to profits and reputation
Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade. This is bringing the potential for larger and more complex losses than ever before, warns insurer Allianz Global Corporate & Specialty in a new report. It highlights the automotive industry as being … [Read more...]
