Tag: bloomberg news

Kia Corp. will adjust its business operations in the US and cut incentives for retail customers, joining carmakers globally in ...

Stellantis NV swung to a €2.3 billion ($2.7 billion) net loss in the first half as restructuring expenses, waning sales ...

The head of Lucid Group Inc. warned that President Donald Trump’s tariffs will drive up costs to build automobiles — ...

Castlelake LP has agreed to purchase as much as $2.5 billion of consumer loans from financial technology firm Pagaya Technologies, ...

Carvana Co.’s largest shareholder, Ernie Garcia II, who is also the father of the auto retailer’s founder and chief executive ...

US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and ...

Mercedes-Benz Group AG’s vehicle sales declined in the second quarter after trade tensions led by President Donald Trump’s tariffs hit ...

Nissan Motor Co. plans to sell about $5 billion in debt to help fund Chief Executive Officer Ivan Espinosa’s turnaround ...