Mecum Kissimmee collector car auction breaks record with $234 million in sales
The Mecum Kissimmee collector car auction broke records for sales and attendance during its largest event yet at Osceola Heritage Park.
December US home sales fall, capping nearly 18% drop in 2022
Sales of previously occupied U.S. homes slumped nearly 18% in 2022, the slowest year for the housing market in nearly a decade.
GM to invest $918M at 4 plants for V-8 engines, EV components
The automaker’s top manufacturing executive says the investments will support GM’s lineup of full-size pickups and SUVs and give the plants’ workers job security “for years to come.”
Ford to cut jobs as it restructures in Europe
Ford is creating a new business structure in Europe as it quits low margin volume segments to focus on all-electric cars.
Tesla price cuts ignite a surge in shopping
Tesla price reductions for the bestselling EV in America, the Model Y, represent a discount of $13,000 off the sticker price in addition to eligibility for the new tax incentive of up to $7,500. Shoppers are responding.