Bloomberg Brazil’s top rental-car companies say a cultural shift towards sharing automobiles rather than owning them will bolster demand as growth quickens in Latin America’s largest economy. The three main providers of rental cars in Brazil have far outpaced the Ibovespa’s 11 percent advance in 2018. Cia de Locacao das Americas is up 85 percent, Localiza Rent a Car SA ...

The president usually doesn’t do a lot to affect the US economy. When people say that President Barack Obama or President George W. Bush created jobs, it shouldn’t be taken literally — what really created the jobs was a confluence of vast and complex economic forces that the president affects only marginally. To substantially change the course of the economy, ...

For all the concern over China’s targeting of foreign intellectual property, how much forced transfer of leading-edge technology really happened? By the looks of the Chinese auto industry, hardly any. If there has been, then Beijing has precious little to show for it in a market of 25 million cars a year. Take the case of Brilliance China Automotive Holdings ...