Nissan plans $7B asset sales and loans to avert cash crunch, Bloomberg News reports
Nissan Motor Co. is aiming to raise over $7 billion through a mix of debt issuance and asset sales to stabilize its operations ahead of a major debt maturity in...
TSLA322.770-4.58%
GM89.2200.91%
F14.2500.01%
RIVN15.545-0.215%
CYD49.0000.88%
HMC30.6950.575%
TM185.955-3.215%
CVNA69.1201.09%
PAG217.200-1.85%
LAD370.210-0.78%
AN215.400-0.2%
GPI282.450-3.43%
ABG221.170-1.68%
SAH88.190-0.08%
TSLA322.770-4.58%
GM89.2200.91%
F14.2500.01%
RIVN15.545-0.215%
CYD49.0000.88%
HMC30.6950.575%
TM185.955-3.215%
CVNA69.1201.09%
PAG217.200-1.85%
LAD370.210-0.78%
AN215.400-0.2%
GPI282.450-3.43%
ABG221.170-1.68%
SAH88.190-0.08%
TSLA322.770-4.58%
GM89.2200.91%
F14.2500.01%
RIVN15.545-0.215%
CYD49.0000.88%
HMC30.6950.575%
TM185.955-3.215%
CVNA69.1201.09%
PAG217.200-1.85%
LAD370.210-0.78%
AN215.400-0.2%
GPI282.450-3.43%
ABG221.170-1.68%
SAH88.190-0.08%
Headlines
Trump signals support for U.S. Steel deal but leaves ownership terms unclear
President Donald Trump appeared to signal support last week for a long-disputed partnership between U.S. Steel Corp. and Japan’s Nippon Steel Corp., reigniting investor optimism, but without confirming whether he...
Tesla sales plunge 49% in Europe as political backlash and rivals gain ground
Tesla’s vehicle sales in Europe dropped sharply in April, falling 49% year-over-year to just 7,261 units, according to data from the European Automobile Manufacturers’ Association (ACEA). This decline contrasts sharply...
Volvo to cut 3,000 jobs amid cost-cutting and slowing EV demand
Volvo Cars announced on Monday it will cut around 3,000 mostly white-collar jobs as part of a broad restructuring aimed at trimming costs by 18 billion Swedish crowns ($1.9 billion)....
Used EV sales hit record high as new EV market cools
In April, the electric vehicle (EV) market showed clear signs of divergence: new EV sales declined, while used EVs posted record growth, underscoring a shift toward affordability amid rising prices...
Auto industry icon Richard Boch dies at 95, leaves lasting legacy on New England dealerships
Richard Boch Sr., a prominent figure in New England’s automotive industry and patriarch of the Boch family, passed away peacefully on April 18, 2025, at the age of 95.
Boch played...
Chevy launches off-road Trail Boss trim for 2026 Silverado EV this summer
Chevrolet will introduce the Trail Boss off-road trim to its 2026 Silverado EV lineup starting this summer, combining the rugged capability of the popular Trail Boss with the advantages of...
Automakers turn to AI to offset billions in tariff costs amid economic uncertainty
Automakers are rapidly adopting artificial intelligence (AI) to combat mounting financial pressures caused by shifting U.S. trade policies and resulting tariffs.
General Motors expects up to $5 billion in tariff-related costs...
Used car prices surge past $30K as supply shrinks, report says
According to a new report from Edmunds released May 22, used vehicles are more expensive than they've been in years. The average transaction price for used vehicles three years old...
Senate votes to block California’s 2035 gas car ban
The U.S. Senate voted Thursday to block California’s plan to phase out the sale of new gasoline-only vehicles by 2035, a major blow to the state’s climate policy and the...
