Fed signals bond-buying taper may start soon, split on 2022 hike
Federal Reserve officials signaled they would probably begin tapering their bond-buying program soon and revealed a growing inclination to start ...
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Lower inventory, new strategies: Dealers adapt post-COVID
New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...
AutoNation taps former Fiat CEO to run top US car retailer
AutoNation Inc. appointed a top executive at Stellantis NV as its new chief executive officer, an unexpected move that puts ...
Rideshare pioneer has a new company to spur electric car use
Sunil Paul, one of the pioneers of the ride-sharing concept, is launching a new company that he hopes will help ...
Auto forecaster slashes outlook by most since chip woes emerged
A forecaster whose production projections are cited by automakers, suppliers and research analysts the world over just took its biggest ...
Factory output in U.S. rises less than forecast, dented by Ida
Production at U.S. factories rose less than expected in August as Hurricane Ida compounded an ongoing struggle among manufacturers with ...
U.S. consumer price growth cools, smallest gain in seven months
Prices paid by U.S. consumers rose in August by less than forecast, snapping a string of outsized gains and suggesting ...
EV tax-credit plan draws ire from non-union Toyota, Tesla
A proposal by U.S. House Democratic lawmakers to give union-made electric vehicles higher subsidies drew criticism from non-unionized automakers, including ...
