So far the Main Street Lending Program has made just 400 loans for a total of $3.7 billion — far below the $600 billion in total funding that the Fed has said it is willing to lend.
The Future of Mobility Commission plans to propose a new regulatory framework to address a global transportation sector “on the cusp of a worldwide transition driven by shared, connected, autonomous, and electric technologies.”
Daily Orlando Sentinel Now podcast: Parliament House to close Monday, and Halloween outings, recipes and cocktails.
Despite sales being down as a result of COVID-19’s impact on the supply chain, American Axle reported net income and adjusted free cash flow growth in the third quarter.
Lear’s improvement in sales is hinged on increased market share, considering global production for Lear declined 3 percent during the quarter compared with a year earlier.