Hyundai: Insurance and Marketing

An article about the South Korean automaker Hyundai, from The Economist. Note their use of insurance:

"...Hyundai is also benefiting from a novel scheme, launched in January, in which it offers to buy back cars from customers who lose their jobs within a year of their purchase. (The company essentially offers a smaller discount and then uses the money to buy an insurance policy.)"

Another reason for actuaries to study macroeconomics and modeling...

- Rick