Autoforecast Solutions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

shareholders are in favour. welcome to business today. i'm sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two—decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america's official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down...

A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around US$12,000 in China, but drives well and is put together with craftsmanship...

A tiny, low-priced electric vehicle called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China. But

GM loses market share and money there as local automakers take over the market.

BYD’s Seagull sells for about $12,000 in China, can go 252 miles per charge and is made with craftsmanship that rivals U.S. electric vehicles that cost three times as much.