Tag: bloomberg news

The record-long U.S. economic expansion is over after almost 11 years, with the deepest recession in at least eight decades ...

Automakers are headed for a less-drastic U.S. sales collapse than feared, according to market researchers. Retail sales to consumers are ...

General Motors Co. and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used-vehicle ...

More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus ...

The auto industry -- already fretting lengthy factory shutdowns and depressed new-vehicle demand -- is starting to sound the alarm about a ...

AutoNation Inc. granted Chief Executive Officer Cheryl Miller a leave of absence for health reasons and said its long-time former ...

Americans applied for unemployment benefits in massive numbers for a third straight week, bringing the total to about 16.8 million ...

Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at ...