Chief financial officers of two of America’s largest car companiesGeneral Motors And Wade Motor Co—say consumer demand remains strong, but they’re seeing signs of a US slowdown.
on one Deutsche Bank Conference Wednesday, Ford CFO John Lawler Said that economic slowdown is a possibility and the auto maker was trying to assess the impact of inflation and rising petrol prices on the broader economy. Federal Reserve on Wednesday 0.75-percentage-point rate hike approvedBiggest since 1994.