Wholesale prices of used vehicles increased in the first half of November
According to mid-month data, wholesale prices of used vehicles increased by 1.6% in the first half of November compared to…
Ukraine launches largest drone attack on Moscow
Ukraine attacked Moscow with at least 34 drones, the largest drone attack on the Russian capital since the war began…
UniCredit throws a curveball with a €10.5 billion BPM offer
UniCredit (BIT:CRDI) has launched a surprise €10.5 billion share offer for its domestic rival Banco BPM (BIT:BAMI), sparking political backlash…
Stellantis shakes up North American leadership, Ram CEO returns
Stellantis has brought Timothy Kuniskis back from retirement as CEO of Ram effective immediately as part of another broad wave…
Macy’s discovers $154 million accounting error
Macy’s discovers $154 million accounting error
Donald Trump chooses immigration hardliner Tom Homan as his ‘Border Czar’
US President-elect Donald Trump said Sunday evening that he will bring back hardline immigration official Tom Homan to oversee the…
Toyota appoints top executives after resignations
Toyota Motor Corp.’s Chief Risk Officer and Chief Compliance Officer, Jun Nagata, has resigned from the company, according to a…
Israeli airstrikes kill dozens of people in Gaza and Lebanon before US aid expires
At least 40 Palestinians were killed by Israeli strikes across Gaza on Sunday, including two dozen when a residential building…
Russell 2000 hits record highs in terms of political optimism and rate cuts
The Russell 2000 index hit an all-time high on Monday, buoyed by expectations of tax cuts under the second Donald…
Inventory management key amid EV uncertainty and affordability issues, experts say
As U.S. new vehicle inventories stabilize near a target average supply of 60 to 80 days, automakers must ensure their…