GM President Mark Reese spoke in January about plans for an all-electric SUV and pickup truck at the Detroit-Hemtramac assembly plant. AFP by Getty Images Scientists from the two largest car manufacturers in the United States learned in the early 1960s that emissions from cars and trucks had changed the …
Read More »After the President’s discussion, the U.S. As futures rise, automakers and banks push European stocks higher
Good results from banks and om tomobile manufacturers on Friday are helping European stocks gain, while flash purchase managers index data reveals ongoing coronavirus epidemic struggles for the sector. U.S. Stock futures were moderately high. Stoxx Europe 600 Index SXXXP, + 0.84% According to Factset, the index has risen 0.6% …
Read More »Auto and apparel manufacturers boost European stocks, while US equity futures struggle
The photo, taken on November 19, 2019, shows an exterior view of the former Samaritan Shopping Center in Paris, owned by the LVMH – Moet Hansi Louis Vuitton Group. Martin Bureau / Agency France-Press / Getty Images European stocks rallied on Friday, thanks to the encouraging results of LVMH Mott …
Read More »US auto sales showed signs of recovery in the third quarter
U.S. in the third quarter. The recovery of the auto industry gained momentum, with coronavirus-related loos and buyers returning to the show-room from sales by auto manufacturers. Strong demand for trucks and sport-utility vehicles is leading to a comeback, which is happening much faster than expected this summer. Contributing is …
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