General Motors Co (GM) could expand the lineup of vehicles using its large truck and sport utility vehicle (SUV) architecture and sees big opportunities in over-the-air software updates, President Mark Reuss told Reuters on December 10.GM, which controls about 70 percent of the large SUV market in North America with six models, unveiled the redesigned Chevrolet Tahoe and Suburban. These are the first of a new generation of large SUVs whose profits will help fund the development of electric vehicles (EVs) from the automaker in the future.The 2021 Chevrolet Tahoe, revealed at the arena where the Detroit Red Wings hockey team plays in downtown Detroit, is 6.7 inches longer than the current Tahoe and can carry as much as 122.9 cubic feet of cargo. Passengers in the third row of seats get 10 inches more legroom and a better ride thanks to a more car-like independent rear suspension.Close The new Chevy Suburban will grow by 1.3 inches to 225.7 inches long - making it one of the … [Read more...] about General Motors doubling down on big SUVs, unveils longer Chevy Tahoe, Suburban
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How IFAs can withstand the onslaught of zero-cost platforms
Erik Hon“If you always do what you’ve always done, you’ll always get what you’ve always got” – AnonymousNever, perhaps, has the pressure to change been as strong for Indian advisers as it is today. While the retail investor market in the country remains attractive, independent financial advisers (IFAs) with the traditional commissions-driven distribution business model feel that their livelihood is being threatened, both by regulators as well as zero-cost platform challengers.Close For a retail investor today, online platforms offering investments at zero or no costs have become an attractive starting point. Most platforms offer direct plans, pre-empting informed investors’ questions on commissions and bias, and also offer several tools around SIPs (systematic investment plans), fund switching, rebalancing and goal-based planning. As a result, the gamut of basic, transactional services around investments is fast being commoditised, and IFAs, … [Read more...] about How IFAs can withstand the onslaught of zero-cost platforms