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Electric car discounts now ‘unsustainable’ amid record price cuts
The Telegraph via Yahoo Finance· 1 day agoOn Wednesday, the SMMT – which represents the car industry – echoed those concerns, arguing that...
Want to Pay Cash? That’ll Cost You Extra
The Wall Street Journal via Yahoo Finance· 4 hours agoBusinesses can choose to cover that cost or pass it on to the consumer. Many choose the latter, she said. OneMain Financial, a subprime lender with 1,300...
Guest commentary: 5 reasons to quit your day job and start an auto tech company now
Automotive News· 7 hours agoCapital markets are tight, interest rates haven't dropped and innovation spending has come to a grinding halt. The time is now to quit your day job and start an auto ...
Higher for longer rates mean no escape from the debt squeeze
Detroit News· 6 days agoThe highest interest rates in years are taking a toll from the United States to Australia, creating...
Republicans make Biden’s EV push an election-year issue as Democrats take a more nuanced approach -...
The Boston Globe· 4 days agoTrump, the presumptive Republican presidential nominee, and others say Biden’s push for EVs is...
Chinese EV Makers Defy Industry Slump as Price Cuts Boost Sales
Bloomberg· 4 days agoHave a confidential tip for our reporters? Electric vehicles remain a bright spot in China’s auto...
Auto sales climb for 4th straight month, but high interest rates discourage buyers
Market Watch· 3 days agoSales of new cars and trucks in the U.S. rose in May for the fourth month in a row, to their highest...
"GTA VI" release should fuel "substantial" jump in Take-Two bookings - JPMorgan By Investing.com
Investing.com· 9 hours agoThe hotly-anticipated release of the latest installment of Take-Two (NASDAQ:TTWO) Interactive's...
Chase exec for captive finance companies expects subvention to grow
Automotive News· 3 days agoDuring the auto inventory shortage following the COVID-19 pandemic, vehicles sold easily, dealerships were profitable and automakers cut the amounts they spent subsidizing the cost of vehicles for auto shoppers.
A way to profit from a negative reversal in Chipotle if the consumer continues to weaken
CNBC· 3 days agoJust as importantly, investors need to determine which consumers are most affected. Presumably,...