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Sales bump shaves supplies, especially in compact, midsize segments.
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Hits 2 ½-year low. Subprime, negative-equity shares fall.
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Expanded plant to support production of more than a million EVs a year.
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Stake would give it access to one of world’s biggest stores of key EV battery element.
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Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.
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The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.
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Revenue also up for year. Q4 profit, meanwhile, falls due to market shifts.
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Biden’s green-tech offerings so far more attractive for investments than Europe’s idea.
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