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...
IRS ticks off Tesla, pleases Hyundai with EV credits
The US government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers like Hyundai Motor Co....
Hyundai and Toyota saw strong demand in December
Automakers are expecting a better 2023 after several finished last year on a strong note, but fast-rising interest rates are...
