Retail sales in the United States saw a record decline of 16.4 percent in April, a sizable drop that was caused by weeks of closures related to the coronavirus pandemic, the Commerce Department said in its monthly report Friday.
The Catalan regional authority on Friday denied a report that appeared in the Japanese newspaper Nikkei on Thursday that automaker Nissan is planning to close its car factory in Barcelona and move production to other plants.
…property, retail, aviation or the automotive sector? Initial recovery signals from China are also positive, pointing to a rebound in domestic commodity demand. Purchasing managers’ indices, industrial…
Volkswagen’s global sales plummeted by 45.4 percent in April year-on-year to a total of 437,500 vehicles, Germany’s largest carmaker announced on Friday.
Mercedes-Benz will launch the AMG C 63 Coupe and the AMG GT R Coupe in India on May 27.
Hydrogen delivery and fuel-cell power took a step forward this week with the announcement of a new hydrogen-gas refuelling company.
Ed Mulholland runs a reconditioned commercial vehicle company and has a personal penchant for dump trucks.
…my guest Timo Soini joining in. It is the early days of coronavirus in Finland, with just 40 confirmed cases as I land in a March downpour in Helsinki. “We are men: we still shake hands,” he says. I had…
Fiat Chrysler Automobiles NV is in talks to obtain a state-backed credit line of about 6.3 billion euros ($6.8 billion) to buttress the carmaker’s finances against the steep downturn caused by the coronavirus, according to people familiar with the matter.
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