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US economy ‘motoring along’ with 2.8% expansion in last quarter, but Trump’s trade tariffs ‘threaten economic growth’ – business live
Rolling coverage of the latest economic and financial news. Trump’s tariff threat sets stage for bitter global trade war . Trump’s tariffs will lead to higher prices in the shops, and ...World - The Guardian - 3 days ago -
US economy grows at 2.8% pace in third quarter on consumer spending
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...Top stories - ABC News - 3 days ago -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - November 8 -
General Motors agrees deal to enter F1 in 2026
US car giant General Motors reaches an agreement in principle to enter Formula 1 in 2026 with its Cadillac brand.Top stories - BBC News - 5 days ago -
Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.Business - CNBC - November 10 -
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UK motor finance in disarray after court rules against hidden commissions
Major providers have stopped lending or paused commissions as they race to assess implicationsWorld - Financial Times - November 6 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - November 6 -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - November 14 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - November 15 -
Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans
Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK businessBusiness - Financial Times - November 15 -
Hyundai Motor Appoints First Foreign CEO as It Pushes Into North America
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.Business - The Wall Street Journal - November 15 -
Return of iconic Budweiser No. 8 unites Junior Nation at Florence Motor Speedway
TIMMONSVILLE, S.C. — For a moment in time at Florence Motor Speedway, NASCAR fans were thrust back into the mid-2000s with the return of one of the sport‘s most recognizable schemes. Among the ...Sports - Yahoo Sports - 6 days ago -
Formula 1 approves addition of General Motors team starting in 2026
The F1 grid will contain 11 teams in two years.Sports - Yahoo Sports - 5 days ago -
Formula 1 to Expand Grid as General Motors Will Become 11th Team in 2026
A big American manufacturer with an extensive motorsports series joining the grid could bring fresh eyes to the sport.Sports - The New York Times - 4 days ago -
Why General Motors Could Become America’s Team on the Formula 1 Grid
Monday’s agreement to add the new team marked a massive step for American motorsports. But can it be converted to a victory?Sports - The New York Times - Yesterday -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley said it plans to offer a new EV or plug-in hybrid electric vehicle (PHEV) each year until 2035, starting with its first all-electric vehicles in 2026.Business - CNBC - November 7 -
Bentley Motors further delays all-EV plan amid weak demand as it embraces plug-in hybrids
Bentley Motors is once again pushing back a target to exclusively offer all-electric vehicles, with plans to continue leaning into plug-in hybrid electric vehicles until at least 2035.Top stories - NBC News - November 7 -
New Lions DE Za'Darius Smith taps into Motor City history, dons iconic Pistons jersey ahead of Detroit debut
Smith, acquired before the trade deadline, is trying to be the Lions version of Rasheed WallaceSports - CBS Sports - November 17 -
LOOK: Sydney Sweeney drives NASCAR race car at Charlotte Motor Speedway, hangs out with Ryan Blaney
The actress took part in the NASCAR Racing Experience at Charlotte with some help from the 2023 Cup Series championSports - CBS Sports - November 17 -
F1 closer to approving expanded grid for General Motors entry initially started by Michael Andretti
With a restructuring at Andretti Global that pushed Michael Andretti into a smaller role, the chances of his organization landing a Formula 1 team have substantially increasedSports - ABC News - November 22 -
Formula 1 expands grid to add General Motors' Cadillac brand and new American team for 2026 season
Formula 1 will expand the grid in 2026 to make room for an American team that is partnered with General MotorsSports - ABC News - 5 days ago -
Formula 1 says it will expand the grid in 2026 to add an American team branded by General Motors
Formula 1 says it will expand the grid in 2026 to add an American team branded by General MotorsSports - ABC News - 5 days ago
