Extended warranty - Motoring on
Jeremy Golden reveals that the real profit to be made in the motor and electrical-goods retail industries is through offering customers extras, such as extended warranties. But never mind the retailers - can this market be a key driver of (re)insurance profit in future?
It might surprise many outside of the motor trade, but most of the money made by car manufacturers and their dealer network in Europe, the US and Japan (the Renaults, Toyotas and Fords of this world)
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