Inventory Dips in January
Sales bump shaves supplies, especially in compact, midsize segments.
Sales bump shaves supplies, especially in compact, midsize segments.
Hits 2 ½-year low. Subprime, negative-equity shares fall.
Expanded plant to support production of more than a million EVs a year.
Q4 hop still off last year. Buick Enclave top pick.
Stake would give it access to one of world’s biggest stores of key EV battery element.
January decrease follows end of tax break, subsidy.
Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.
The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.
Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.
Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.
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