Ane Congress

Hertz shares bear brunt of 'freak out' over used-car price drop

As investor concern spreads about the plunging prices of used cars in the U.S., one company and its top investor are enduring the biggest beating: Hertz and Carl Icahn.


Volvo says lab fire won’t affect production

A fire broke out on Tuesday in a building housing an auto battery laboratory at Volvo's plant in Sweden.

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