Tag: bloomberg news

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, ...

Jaguar Land Rover Automotive Plc will slash some 4,000 jobs as Britain’s largest carmaker grapples with US tariffs, the fallout ...

Volkswagen AG is considering offloading motorcycle manufacturer Ducati, as part of a sweeping overhaul of the German automaker’s sprawling portfolio. ...

US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the ...

The fallout from last year’s collapse of subprime auto lender Tricolor Holdings has spurred a boom for businesses that verify ...

Shares of online used-car dealer Carvana Co. recovered some losses from a two-day selloff, after a report showed billionaire Mark ...

Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates. The consumer ...

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor ...