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Sofía Carvajal

1755 Posts
US new vehicle sales expected to hit highest levels since 2019 due to falling prices and rising inventories

US new vehicle sales expected to hit highest levels since 2019 due to falling prices and rising inventories

The U.S. auto market is poised for its strongest performance in years, with new vehicle sales expected to rise to levels not seen since 2019. Industry analysts expect a recovery in 2025, driven by improved affordability, lower interest rates and a gradual normalization of the vehicle market. stocks after years of supply chain disruptions and inflated prices. Cox Automotive expects new light-duty vehicle sales to reach 16.3 million units in 2025, slightly ahead of forecasts from S&P Global Mobility and Edmunds, which call for sales of about 16.2 million. These estimates represent a modest increase from this year's expected range…
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The US Supreme Court will hear arguments over the federal law that threatens a TikTok ban

The US Supreme Court will hear arguments over the federal law that threatens a TikTok ban

The US Supreme Court has announced that it will hear arguments on January 10, 2025 on the constitutionality of a federal law that could ban TikTok in the US unless its Chinese parent company, ByteDance, sells the platform. The case raises significant questions about free speech and national security, with implications for TikTok's 170 million U.S. users and its content creators. The law, passed in April with bipartisan support and signed by President Joe Biden, set a Jan. 19 deadline for ByteDance to divest TikTok or face a nationwide ban. TikTok has argued that the law violates the First Amendment…
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Nissan and Honda are reportedly considering merging for a competitive advantage in the global auto market

Nissan and Honda are reportedly considering merging for a competitive advantage in the global auto market

Japanese automakers Nissan Motor and Honda Motor are reportedly in discussions regarding a potential merger The Nikkei newspaper. The move, which could reshape the global automotive landscape, aims to improve their ability to compete in an industry that is rapidly shifting towards electric vehicles, autonomous technology and intensifying competition from Chinese automakers and Tesla . The report suggests that the two companies are considering operating under a holding company, with plans to formalize their intentions through a memorandum of understanding in the near future. Additionally, the potential merger could bring Mitsubishi Motors, in which Nissan holds a 24% stake, under…
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The Fed plans to cut interest rates as it faces economic uncertainty under the new Trump administration

The Fed plans to cut interest rates as it faces economic uncertainty under the new Trump administration

The U.S. Federal Reserve is expected to cut its benchmark interest rate by a quarter of a percentage point this week, a move some analysts are calling a “hard reversal” in monetary policy. This decision comes alongside updated economic forecasts and interest rate projections as the central bank attempts to balance its goals against a backdrop of changing economic conditions and the incoming administration of President-elect Donald Trump. The expected rate drop would lower the Fed's key interest rate to a range of 4.25% to 4.50%, marking a full one percentage point reduction from September, when the central bank began…
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China outlines growth strategies and signals stronger economic policies for 2025

China outlines growth strategies and signals stronger economic policies for 2025

Chinese leaders reaffirmed their commitment to boosting the nation's economy by unveiling plans for more aggressive fiscal policy and moderate monetary easing at a high-level economic planning meeting that concluded Thursday. The meeting, led by President Xi Jinping, highlighted the government's determination to stabilize growth despite growing external pressures and domestic challenges. State-run CCTV reported the meeting after the mainland stock market closed. The iShares China Large Cap ETF (FXI) briefly rose 0.8% in premarket trading before paring gains. The annual economic conference highlighted the need for increased government spending, a higher fiscal deficit and the issuance of very long-term…
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