Tag: bloomberg news

Mitsubishi Electric Corp. will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...

It was, according to Daniel Chu, “the stupidest f—-ing thing ever heard.” That’s how the Tricolor Holdings founder, in a ...

US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud lenders and investors, in ...

The global transition to electric vehicles is beginning to unravel the way major changeovers often do: slowly at first, then ...

Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut in 2026. The ...

Li Auto Inc.’s fourth-quarter forecasts fell short of expectations, adding to investor concerns about its ability to navigate China’s fiercely ...

Wall Street’s top prosecutor has a warning for private-market players getting creative with their numbers. Stark divergences in how competing ...

Ford Motor Co. has struck a deal with Amazon.com Inc. to sell certified used cars through its e-commerce website, becoming ...