GM used to build the Chevy Volt there, but just as the automaker made the transition to the Bolt EV, gasoline engines will be a thing of the past in Hamtramck, which will only build electric vehicles moving forward. The GMC Hummer EV will be the first all-electric vehicle built …
Read More »Fed might cut interest rate to zero, experts say
The Federal Reserve’s decision to cut the benchmark interest rate half a percentage point early this month was probably just a first step, analysts and economists say. To reduce the risk that the coronavirus will trigger a recession, analysts are predicting the rate — which directly impacts auto finance interest …
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