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March Sales Down 3.1% as SAAR Soars

Sales of the Eclipse Cross and its Outlander stablemates helped propel Mitsubishi to a 37%...

The U.S. new-vehicle sales forecast improved to 17.42 million units in March, but sales fell 3.1% year-over-year against slowing demand fueled by higher interest rates, prices, and payments and reduced incentive spending.

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Embattled Wells Fargo Chief Steps Down

Directors said an external candidate will replace Wells Fargo President and CEO Tim Sloan when...

Wells Fargo President and CEO Tim Sloan will retire effective June 30, ending an era marked by a series of scandals that rocked the company’s auto, home, and consumer banking divisions.