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BEIJING (Reuters) - Car dealers incurred combined losses of 138 billion yuan ($19.55 billion) in the first eight months of the year as they were forced to sell new cars at sizable discounts, the...
WASHINGTON (Reuters) - Top White House economic adviser Lael Brainard plans to lay out on Monday the Biden administration's broad approach to safeguarding the U.S. auto sector from what it considers...
By David Shepardson WASHINGTON (Reuters) - Investment firm Monroe Capital (NASDAQ:MRCC) LLC said on Monday it plans to launch a fresh fund of up to $1 billion to provide loans for smaller auto...
“Over the course of the quarter, our credit challenges have intensified…our borrower is struggling with high inflation and cost of living and now, more recently, a weakening employment picture.” –...
European manufacturing faces significant challenges, while the sanctions that the EU may extend to key Russian metals such as aluminum will likely lead to an unintended impact on the competitiveness...
The trillion-dollar question investors have is whether the Federal Reserve will reduce the federal funds rate (a benchmark U.S. interest rate that influences other interest rates) by just 25 basis...
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