Tuesday , 20 January 2026

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GM Motors, Ford miss estimates as car models plunge despite huge discounts

  Bloomberg General Motors Co. and Ford Motor Co. reported US sales that missed estimates as heavy incentive spending failed to keep struggling sedan and compact models from continuing their plunge. Deliveries rose 1.6 percent for GM and declined 7.2 percent for Ford last month, both trailing analysts’ projections, and Honda Motor Co. reported a surprise drop. Sales of the …

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Tesla beats forecast with 25,000 deliveries as model 3 nears

  Bloomberg Tesla Inc. set a record for deliveries and production in the first quarter, beating analysts’ estimates as Chief Executive Officer Elon Musk prepares to begin building the Model 3 in July. The maker of electric cars and energy-storage devices shipped just over 25,000 vehicles in the year’s first three months, Palo Alto, California-based Tesla said in a statement …

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Libya’s oil production rebounds as biggest field reopens

  Bloomberg Libya’s crude production rebounded to about 660,000 barrels a day as the OPEC nation’s biggest oil field resumed output after about a week of disruption. Force majeure on the Zawiya export terminal was lifted after pumping resumed at Sharara, the nation’s biggest oil field, Mustafa Sanalla, chairman of Libya’s state-run National Oil Corp., said on Monday by phone. …

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