Ford said total vehicle sales for last month tumbled 7.5% from a year, as a 19.4% plunge in auto sales and a 7.1% slide in truck sales offset a 2.2% rise in SUV sales. Ford also cut fleet sales by 26 percent, and had to stop sales of its Transit commercial van for a few weeks for a recall. Automakers are still seeing healthy profits thanks to consumers' preference for SUVs.
Worked at BP for 29 years before stepping down from the board in 2014 to become CEO of British Gas owner Centrica . Centrica, Britain's largest energy supplier and owner of household energy supplier British Gas, announced it would raise electricity tariffs from September 15 but would hold gas prices at current levels.
Musk confirmed that production for the Model 3 is already ramping up at Tesla's Gigafactory in Nevada, US. But the handover event came as nearly an anticlimax for Wall Street, and TSLA shares started tumbling after Musk told journalists ahead of the ceremony, "We're going to go through at least six months of manufacturing hell".
Eurozone growth as a whole rose twice as fast as in Britain, where gross domestic product was up 0.3 per cent in the last quarter. Growth in the eurozone accelerated slightly in the second quarter of 2017 as Europe's tentative economic recovery remained on track, official European Union data showed on Tuesday (Aug 1).
Last week, JP Fitzgerald nearly forced his way into golf folklore at Royal Birkdale. He told Derek Lawrenson of the Daily Mail , "JP kept me positive out there, so that was very much appreciated". In June, Phil Mickelson split with his caddie of 25 years, Jim "Bones" Mackay. He is yet to win in 11 events this year, with a runner-up spot at the South Africa Open in January still his best showing, although he hinted at a return to form by finishing tied for fourth at the Open .
Most of the rumors around a Sprint merger so far have centered around Charter or T-Mobile US Inc . The company has been exploring deal options with T-Mobile US Inc but faces the hurdle of reaching an agreement on price as well as getting the deal approved by regulators.