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China Credit Engine Goes Into Reverse, Piles Pressure on Beijing
Bloomberg via Yahoo Finance· 1 hour agoTargeting Offshore WindPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips...
Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
AOL· 1 hour agoA tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, ...
Brazil auto sales, production jump in April
Reuters via Yahoo Finance· 5 days agoSAO PAULO (Reuters) - Brazil's automakers' association Anfavea said on Wednesday that sales of new vehicles in the country rose 17.6% in April from the...
Inflation moving ‘a baby step’ in the right direction? Here’s what Wall Street economists expect...
Market Watch· 8 hours agoIn light of the ugly data, Fed Chair Jerome Powell has laid out two potential paths to cuts....
China Auto Sales Fell in April Amid EV Price War
The Wall Street Journal· 3 days agoChina vehicle sales fell, as consumers held back from big-ticket purchases despite an intense electric-vehicle price war in the world’s largest auto...
Huawei, Li Auto EV sales drop in April as rivals see demand soar · TechNode
TechNode· 7 days agoSales of Chinese electric vehicle makers Li Auto and Huawei-backed Aito dropped sharply in April as...
Hybrid sales are booming — here's why drivers are buying them over EVs
Business Insider via Yahoo News· 2 days agoThe booming popularity of hybrids has benefited companies like Toyota who have hedged their bets on...
April 2024 U.S. Auto Sales
San Francisco Chronicle· 6 days agoPhoto: Freeman Toyota in Hurst, TX. Credit: CarPro. Auto sales for April 2024 are in the books, at least from the automakers that still report sales on a...
Election uncertainty could hurt Indian auto sales in May, dealers' body says
Reuters via Yahoo Finance· 5 days agoUncertainty around the ongoing elections in India could hurt automakers' sales in May despite rising...
Week ahead: Key data releases may determine the timing of interest rate cuts
The Forex Market· 42 minutes agoThe world’s major central banks are data-dependent, which means that traders and investors have to...