The price of a used car got marginally cheaper in May, down 1.4% from April, though still 4% higher than this time last year. That’s according to Cox Automotive’s Manheim Used Vehicle Value Index, which monitors prices at U.S. wholesale auctions. During the same time frame...
Posts published by “Michael Barclay”
Japanese electronics giant Panasonic, Tesla’s (TSLA) original battery supplier and one of its largest, announced today that it will lay off almost 5% of its workforce: 5,000 workers domestically and 5,000 globally. The layoffs will take place between now and March 2026 after reviewing “operational efficiency,” mainly…Read more...