Oliver Wyman Unveils Comprehensive Labor Cost Per Vehicle Analysis Amidst Changing Automotive Landscape Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan ...
Tariffs are driving up prices, but that’s only part of the story — aging cars, complex technology, and a worker shortage are all fueling record repair bills. Repair costs are climbing at record speed.
Automotive diagnostic data firm CarMD has released its annual report on repair costs in the U.S., and the news is mostly good — with some precautions, including higher labor costs and the potential ...
The cost of owning a car has steadily risen over the past two decades, but 2023 and 2024 saw massive jumps, according to the Bureau of Transportation Statistics. In 2025, Americans are starting to ...
The picket lines forming outside auto plants in Michigan, Ohio, and Missouri signal more than a standard contract dispute. The United Auto Workers’ targeted strikes against Ford, General Motors, and ...