Hertz to sell 20,000 EVs in shift back to gas-powered Cars
Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars...
US inflation accelerates, tempering case for Fed to cut rates
US inflation accelerated in December as Americans paid more for housing and driving, challenging investor bets that the Federal Reserve...
US electric vehicle sales growth slowed in latest quarter
Electric vehicle sales in the US grew by just 1.3% in the final months of 2023, the latest sign that...
US consumer borrowing surges on jump in credit-card balances
US consumer borrowing surged in November by the most in a year on a jump in credit-card balances as the...
Car dealers get more time to file US EV tax credit paperwork
US car dealers will have more time to report sales of electric vehicles that qualify for federal tax credits that they are...
Tesla relies on leasing less after repeatedly slashing prices
Tesla Inc. is relying on leasing for a smaller portion of its quarterly sales in a trend one analyst said...
Electric car models eligible for $7,500 tax credit cut to 13
The number of electric vehicle models eligible for a consumer tax credit of as much as $7,500 fell sharply as...
Fed’s preferred inflation gauges cool, reinforcing rate-cut tilt
The Federal Reserve’s preferred gauge of underlying inflation barely rose in November and trailed policymakers’ 2% target by one measure,...
