Japanese national flag fluter at the Bank of Japan headquarters in Tokyo on December 19, 2023. The Bank of Japan on December 19 maintained its long-standing, ultra-loose monetary policy and offered no guidance on its plans in the new year, sending the yen down against the dollar and boosting stocks. (Photo by Kazuhiro NOGI / … Read more
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties … Read more
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT – The United Auto Workers achieved record contracts with the Detroit automakers following contentious talks and roughly six weeks of … Read more
2024 Chevrolet Silverado HD ZR2 GM DETROIT – Normal Motors’ U.S. automobile gross sales elevated by 18.8% within the second quarter in comparison with subdued outcomes a yr in the past when the automaker was battling provide chain points. The Detroit automaker reported gross sales Wednesday of 691,978 new automobiles from April by means of … Read more
Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Photographs DETROIT – Toyota Motor’s inventory is having its finest week since 2009 following the corporate disclosing plans for its next-generation electrical autos and shareholders voting in favor of its new management, together with former CEO Akio Toyoda as chairman. Shares of Toyota … Read more