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Saturday, May 15, 2021
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Economy

Economy

Americans are optimistic about travel plans as traffic volumes return to normal

Jason Unrau - 0
In most jurisdictions, the number of cars on the road today looks very close to how it appeared prior to March 2020. According to the latest Hankook Tire Gauge Index, the number of commuters who have returned to work at the office or school is at the same level as it was prior to the […]
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Economy

Hacked pipeline could drive fuel prices up, leave stations temporarily short

Jason Unrau - 0
A cyberattack was initiated on the largest fuel pipeline in the United States Friday, leaving the enormous Colonial Pipeline with a quandary of how...
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Economy

Dealers see used inventory prices continue to climb at auction

Jason Unrau - 0
The Used Vehicle Value Index published by Manheim reports that total used vehicle sales were up 69% year over year in April, pushing the...
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Economy

Rep. Andy Levin proposes plan for nationwide EV charging network

Jason Unrau - 0
A plan to build out a network of electric vehicle charging stations nationwide is being re-introduced as legislation by Rep. Andy Levin, D-Bloomfield Township....
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Economy

Automakers reporting historic sales for April 2021

Jason Unrau - 0
After one of the strongest quarters in American auto retail history, several carmakers have already reported the best sales months for their brands ever...
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Economy

Ford reports $3.3 billion Q1 net income, best Q1 in a decade

Jason Unrau - 0
The Q1 2021 earnings call for Ford investors might’ve taken some by surprise. Ford Motor Company reported their strongest first-quarter earnings in a decade,...
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Economy

President Biden commits to greenhouse gas reform by 2030

Brian Jones - 0
President Joe Biden is moving the United States closer to reducing greenhouse gas emissions by even more. During the two-day virtual meeting with many...
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Economy

AutoNation’s profit triples amid chip shortage

Kimberly Hurley - 0
AutoNation, Inc., one of the largest automotive retailers in the US, reported earlier this week that its quarterly adjusted profit nearly tripled from this...
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