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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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The price of lithium carbonate, a key EV battery component, has tripled over past year as demand spikes.
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The seasonally adjusted annual rate is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace.
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The Retention Index continues to decline in August, finishing the month at 184.0 points as consumer demand for used vehicles weakened.
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Automaker won’t offer retailers buyouts as some brands have, but it will introduce sales requirements.
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Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
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No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
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First $900 million coming to help 35 states build network of stations. President also promotes tax breaks to buy EVs built in North America.
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The Estimated Average Weekly Sales Rate continued its descent, hitting 58% last week. The Estimated Average Weekly Sales Rate hasn’t been below 60% since February of 2021.
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Ford, BMW say recycled fishing netting going into some parts. BMW says the material has a 25% lower carbon footprint.
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High-level delegations discuss how they can eat into Asia dominance in semiconductors and batteries for EVs
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