Fed holds rates steady, flags ‘lack of further progress’ on inflation

1May 2024

Fed holds rates steady, flags ‘lack of further progress’ on inflation

The Federal Reserve said it “does not expect it will be appropriate to reduce the...

1May 2024

Lithia trims U.K. car dealership network after Pendragon deal

Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network...

1May 2024

Mazda teases an EV Mazda6 sedan with China show car

Mazda plans to launch a second battery-electric vehicle this year. The Mazda EZ-6 sedan is...

1May 2024

Why Lincoln turned its 30-second ad background track into a streamable song

After watching its social media audience beg for access to the brief, atmospheric song included...

1May 2024

Tesla retreats from next-generation ‘gigacasting’ manufacturing process

Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing...

1May 2024

Goldman in talks with Barclays on GM Credit Card deal, WSJ Says

Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business...

1May 2024

Porsche study concludes aluminum could reduce Taycan weight, increase manufacturing simplicity

The study by Alumobility found switching the electric Taycan’s top hat structure to all-aluminum could...

1May 2024

Possible clues emerge on Amazon’s mystery plan for Zoox robotaxis

Developments in the Amazon empire may hint at tech giant’s strategy for its Zoox robotaxi...

1May 2024

Credit Acceptance Q1 net income down 35%; loan volume grows

Credit Acceptance Corp. Q1 2024 earnings: Net income fell 35 percent year over year during...

1May 2024

Tesla Supercharger growth to slow, CEO Elon Musk says, after mass layoffs

“Tesla still plans to grow the Supercharger network, just at a slower pace for new...

1May 2024

Western brands launch fightback at Beijing show

VW. GM, Toyota and Nissan were among Western brands that brought eye-catching new metal to...

1May 2024

Aston Martin Q1 sales slump ahead of new model ramp up

Aston Martin is scheduled to start deliveries of its V-12 flagship sports car that will...

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