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For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
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South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
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New U.S. EV tax credit changes are coming under fire as Japan's government warns these credits could thwart further EV investment.
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CDK Global’s monthly purchase scorecard highlights October consumer buying trends
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Volvo Car AB of Sweden reported sales grew 7% year-over-year in October.
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Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.
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Demand for new vehicles in the United States remains strong despite rising interest and loan rates, reported CEO Tomomi Nakamura.
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Used-car retailer misses expectations in face of industry pressures.
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New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
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