Manufacturing

Honda recalls 564,00 CR-Vs

Automaker Honda is recalling 564,00 CR-Vs in cold weather states because road salt can cause the frame to rust and rear suspension parts to come loose and fall off.

Tesla shares rise on delivery forecast

Tesla will report their latest quarterly deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy expects the electric vehicle maker to exceed the 420,000-unit consensus forecast.

Manufacturing contracts for third straight month

The Institute for Supply Management (ISM) said that its Manufacturing Purchasing Managers’ Index (PMI) reached of 47.7 last month after reaching 47.4 in January, notching the third straight month of contraction.