China vehicle sales likely rose for a second month, group says
China’s vehicle sales rose for a second straight month in May, an industry group estimated, signaling a recovery in the...
Used-car prices bounce back after giving US industry a scare
Used-vehicle prices are bouncing back from last month’s lows and approaching J.D. Power’s pre-pandemic forecasts, a welcome development for ailing...
Americans on jobless benefits post first drop of pandemic
U.S. states’ jobless rolls shrank for the first time during the coronavirus pandemic in a sign people are starting to...
Hertz says survival tied to reducing fleet to fit new normal
Hertz Corp. will sell as many of its rental cars as possible while in bankruptcy to bring its huge fleet...
Nissan, Renault need alliance more than ever to survive pandemic
The coronavirus pandemic buffeting the auto industry may prove to be a watershed moment for the alliance between Renault SA...
Hertz creditor talks reach impasse ahead of Friday deadline
Hertz Global Holdings Inc. has been at loggerheads with a key group of creditors with time running out to cut...
Auto industry firms raise $155 billion to weather virus pandemic
Automotive industry borrowers have raised $155 billion amid the coronavirus outbreak as the pandemic shutters showrooms and factories. Companies worldwide...
Americans again file by the millions for unemployment benefits
Millions more Americans applied for unemployment benefits last week, indicating major job losses are continuing two months after the coronavirus...
