VW: no plans to produce EVs in Brazil

Source: Dukascopy Bank SA
Volkswagen AG had no plans to produce hybrid or electric cars in Brazil in the following few years, though it is set to start importing them in 2019, a source familiar with the matter stated.
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Tue, 26 Mar 2019 21:28:38 GMT

US auto sales to decline in March

The US auto sales are expected to fall about 2.1% in March from a year earlier amid mixed economic data, lower tax refunds and bad weather, according to industry consultants LMC Automotive and J.D. Power.

Tue, 26 Mar 2019 20:02:36 GMT

US housing data point to slowing economic growth

The US homebuilding declined more than anticipated in February, with single-family homes' construction falling to almost two-year low, suggesting higher evidence of a weakening economic activity.

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