US consumer confidence decreases to five-month low
US consumer confidence dropped to a five-month low in October, weighed down by dimmer views of business conditions and concerns...
GM reaches tentative deal with UAW to end six-week strike
General Motors Co. reached a tentative agreement with the United Auto Workers, according to people familiar with the matter, bringing...
Tesla reverses China price cut, adding $2,000 to Model Y variant
Tesla Inc. raised the price of its Model Y Performance sport-utility vehicle by around $2,000 in China on Friday, according...
Stellantis nears deal to buy 20% of Chinese EV maker Leapmotor
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor Technologies...
Bank of Montreal is exploring sale of RV loan portfolio
Bank of Montreal is exploring the sale of a portfolio of recreational vehicle loans, according to people with knowledge of the matter....
UAW expands strike with 5,000-member walkout at GM factory
The United Auto Workers expanded its strike on Detroit’s automakers for the second time in as many days as 5,000...
Tesla’s Nov. 30 Cybertruck delivery overshadows profit drop
Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it...
Credit unions are packaging more auto loans into bonds as rates rise
Four years ago, a credit union sold a bond backed by auto loans for the first time. This year, more...
