Manchin sets high bar for Tesla and GM electric-car tax credits
It was tempting when Democrats announced their surprise climate deal to imagine American auto executives popping champagne bottles. But any bubbly probably ought to...
US economy shrinks for a second quarter, fueling recession fears
The drumbeat of recession grew louder after the US economy shrank for a second straight quarter, as decades-high inflation undercut...
Nissan earnings beat estimates on more-profitable car sales
Nissan Motor Co. first-quarter earnings beat estimates as the Japanese automaker dealt with supply-chain snarls and surging raw material costs...
Fed raises rates by 75 basis points to clamp down on inflation
Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering the most aggressive tightening...
Hedged Tesla fund promises buffer from wild swings in carmaker
Investors may finally have a way to capture Tesla Inc.’s gains while avoiding the stomach-churning swings the electronic-vehicle stock is...
VW Appoints Porsche CEO to Succeed Diess After Tumultuous Tenure
Volkswagen AG will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s...
Powell seen slowing Fed’s hikes after 75 basis points next week
Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second...
AutoNation notches record profit on pricier cars
AutoNation Inc. shrugged off a sales decline to post record profit in the second quarter as US prices for new...
