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Last year proved to be a banner year for new car registrations in California, reaching the highest numbers since the COVID-19 pandemic, a new report out
Insurers pulling back from an increasingly risky California market grabbed the attention of Insurance Journal readers this year. This was the subject of
Domestic brokerage house Motilal Oswal stated that it has shifted focus towards 2Ws amid the initial PV slowdown. Moreover, MHCVs (medium and heavy commercial vehicles) remain stable, it added.
Electric vehicles have seen price cuts, but so far the trend has stayed within that small segment of the market.