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Top CBT Automotive Network News
Federal Reserve · United StatesA Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story
Divided Fed approves third rate cut this year, sees slower pace ahead
46% Center coverage: 178 sources
Tesla · United StatesTesla's U.S. sales dropped to a near four-year low in November, despite the automaker's rollout of new, cheaper versions of its best-selling electric vehicles, estimates from Cox Automotive given exclusively to Reuters showed on Thursday.See the Story
Tesla US sales drop to nearly 3-year low in November despite launch of cheaper versions
54% Center coverage: 13 sources
