Bankrate: Direct new-vehicle auto loan interest rates to grow 0.8 points
Four-year used-vehicle loans directly from banks will grow 1 percentage point to 7.8 percent, Bankrate’s chief financial analyst Greg McBride predicted.
VW to promote Hein Schafer, Rachael Zaluzec into sales, marketing roles
Former American Honda veteran Ray Mikiciuk, who joined VW in October 2020, has departed.
Party City, amid rising prices, seeks bankruptcy protection
Party City has filed for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Wholesale inflation in US slowed further in December to 6.2%
Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool.
EV mineral companies get tail wind from Biden administration
As the U.S. EV market expands, the federal government and industry players are looking to build out a domestic mineral supply chain.