Automotive

Inflation pressures put Powell in spotlight before Congress WASHINGTON (AP) — When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing.

DETROIT (AP) — In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps.

COLUMBIA, S.C. (AP) — South Carolina's governor said Monday he is going to ask lawmakers to approve nearly $1.

VANCOUVER — A report by Institutional Shareholder Services recommends shareholders of Ritchie Bros. Auctioneers Inc. vote against the company's deal to buy automotive salvage company IAA Inc.

“What Happened to Ruthy Ramirez” by Claire Jimenez (Grand Central) If true crime is your guilty pleasure, you absolutely must find out what happened to Ruthy Ramirez.

COLUMBIA, S.C. (AP) — A Volkswagen Group-backed automotive company announced plans this week to open a $2 billion electric truck and SUV manufacturing plant just outside of Columbia, South Carolina. Scout Motors Inc.

TOK, Alaska (AP) — Alaska’s rugged and frigid interior, where it can get as cold as minus 50 Fahrenheit (minus 46 Celsius), is not the place you’d expect to find an electric school bus. But here is Bus No.

CARACAS, Venezuela (AP) — Few Venezuelans have not had their lives touched by migration over the last decade, when more than 7 million people left the country amid a political, economic and humanitarian crisis that has lasted the entirety of Presiden

DEARBORN, Mich. (AP) — Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022 .

TRAVERSE CITY, Mich. (AP) — Even for the Thunder Bay area, a perilous swath of northern Lake Huron off the Michigan coast that has devoured many a ship, the Ironton’s fate seems particularly cruel.