Bonds backed by car loans are selling at fastest pace in years
Repackaged auto loans seem like an unlikely place for mauled credit investors to hide, but they are outperforming and issuance...
Electric-vehicle startups run low on cash after SPAC deals
Several electric-vehicle startups that went public by merging with special purpose acquisition companies, or SPACs, the last two years made...
Car-sharing startup Getaround agrees to $1.2 billion SPAC merger
Getaround Inc., the car-sharing marketplace that functions as an Airbnb for vehicles, agreed to go public through a merger with...
Prices in US outstrip forecasts in sign of inflation persisting
US consumer prices rose by more than forecast in April, indicating inflation will persist at elevated levels for longer and...
Stellantis CEO says supply issues risk derailing electric shift
Stellantis NV said its target to sell only electric vehicles in Europe by the end of this decade depends on...
Rivian tumbles as IPO lockup expiration means Ford, Amazon can finally sell
Shares of Rivian Automotive Inc. are tanking more than 20% as some early stakeholders get their first chance to unload...
US posts robust job gains, data offers mixed inflation signs
U.S. hiring advanced at a robust pace in April, yet a smaller labor force may increase pressure on employers to...
Tesla confirms Vale nickel deal, lifts veil on US race data
Tesla Inc. confirmed a deal to buy nickel from mining giant Vale SA among other metal-supply contracts in an annual...
