Weak US retail sales, factory data heighten recession concerns
US retail sales fell by the most in a year and business equipment production slumped, raising concerns that the economy...
Tesla slashes prices up to 20% in broad bid to boost sales
Tesla Inc. cut prices across its lineup in the US and major European markets in the carmaker’s latest effort to...
Electric vehicles look poised for slower sales growth this year
Every year, BloombergNEF’s team of analysts pauses to reflect on what’s happened in our industry and make some predictions on...
US inflation cools again, putting Fed on track to downshift
US inflation continued to slow in December, adding to evidence price pressures have peaked and putting the Federal Reserve on...
BMW clings to luxury-sales crown as Mercedes narrows gap
BMW AG outsold rival Mercedes-Benz AG for the second year in a row by better navigating the supply-chain issues hampering...
Rolls-Royce says super rich keep on buying luxury cars
A cooling economy isn’t stopping the very wealthy from buying a Rolls-Royce. “We haven’t seen any downturn in order intake...
Stellantis sets up new car-software business Mobilisights
Stellantis NV is establishing a new unit to accelerate the rollout of car data applications and products, part of the...
US hiring solid while wages cool, giving Fed room to slow hikes
The US labor market stayed strong last month and wage gains cooled, reducing risks of a near-term recession and giving...
