
Sales bump shaves supplies, especially in compact, midsize segments.
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Hits 2 ½-year low. Subprime, negative-equity shares fall.
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Expanded plant to support production of more than a million EVs a year.
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Stake would give it access to one of world’s biggest stores of key EV battery element.
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Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.
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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.
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The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
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