Consumer agency’s funding system gets Supreme Court test at Biden’s behest
The US Supreme Court will consider whether the Consumer Financial Protection Bureau’s funding system is constitutional, taking up a case...
Subprime auto lender American Car Center closes for business
American Car Center told employees the business was closing its doors, a day after it pulled a $222 million bond...
Carvana’s tale of debt and losses looks a lot like old Hertz
Shares of Carvana Co. more than doubled in the month leading up to Thursday’s awful fourth-quarter earnings report. By the time the...
Geely unveils new electric car brand to take on Tesla, BYD
Chinese carmaker Zhejiang Geely Holding Group Co. unveiled a new high-end line of electric cars as part of a push...
Silicon Valley startup charts a path to cheaper EV batteries
As many of the largest US technology companies shed employees, the government is embracing clean technology as a huge employment opportunity,...
Tesla undercuts average US car by almost $5,000 in EV shakeout
It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model...
AutoNation expects used-car price drop as volumes recover
AutoNation Inc., one of the biggest car dealership chains in the US, expects prices for new and used cars to...
Biden moves to rein In the wild west of car charging
The Biden administration wants to make sure America’s next 500,000 charging stations work a lot better than the 59,000 it already has....
