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Bloomberg recession

Bloomberg economists forecast 100% chance of US recession in the next...

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New Bloomberg Economics model projections made the likelihood of a US recession 100% within the next 12 months. The latest recession probability models forecast a...
Sellantis Jeep

Stellantis debuts electric Jeep Avenger, invests in self-sustaining energy

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Stellantis CEO, Carlos Tavares, says the company will be using its own sites to generate at least half the energy it needs for manufacturing...

Mercedes-Benz reveals 2023 EQE SUV with bonus high-performance version

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Mercedes-Benz shared a frenzy of press releases over the weekend, which included further details about their upcoming electric line of SUVs. The company is...
Ford research and development

Ford to open new research and development center in Atlanta

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Ford Motor Company has announced plans to open a new research and development center in the heart of Atlanta, a well-known and diverse technology...
inflation

US inflation accelerated again in September, rising 8.2%

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The month of September saw inflation accelerate rather than the decline economists hoped to see. Housing costs and the price of other goods increased...
BMW Amazon

BMW and Amazon partner up to develop new cloud technologies for...

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According to a recent announcement, BMW Group will be the first automaker to use Amazon Web Services cloud software. The AWS software will be...
Sony Honda

Sony Honda Mobility aims to bring first premium EV to the...

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The joint venture between Honda Motor and Japan's Sony Corp. is expected to deliver its first electric vehicles by 2026. The companies have recently...
Cox Automotive supply

New vehicle supply increased in September, average listing prices fell —...

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Cox Automotive's analysis of vAuto Available Inventory data shows that new vehicle inventory in September closed at the highest level since early June 2021,...
Lucid Motors

Lucid Motors produced 2,282 vehicles in Q3, on track to meet...

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Lucid Motors, a relatively new kid on the EV block, has had to cut its annual output goals twice this year. However, the company...
Chevrolet Trax

GM unveils 2024 Chevrolet Trax with all new design and lower...

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This week, General Motors revealed an updated version of its entry-level crossover, the Chevrolet Trax. This revamped crossover includes both new technologies and designs...