The 2025 New York auto show delivered something few expected: a dose of old-school relevance. Led by headline debuts from Subaru, Hyundai, and Kia, the show generated fresh news while
Ferrari is set to enter the electric age with characteristic drama, rolling out its first fully electric car in a carefully staged three-step process. CEO Benedetto Vigna detailed the launch
April brought a small but telling decline in European new-car sales, highlighting how economic weakness and global uncertainty are dampening consumer appetite. While the overall market slipped, underlying shifts in
Americans could soon benefit from a major new tax break: the House has approved a bill that allows taxpayers to deduct up to $10,000 per year in auto loan interest
With just 45 days left in President Donald Trump’s 90-day tariff freeze, the world’s major economies are in a frantic push to secure new trade agreements and avoid steep new
BMW has announced it will build just 70 units of its new Speedtop concept—a bold, two-seat shooting brake with a price tag starting at €500,000 plus taxes. Revealed at the
Volvo Cars’ battery joint venture, Novo Energy, will cut its workforce in half after a failed search for a new technology partner and the recent bankruptcy of Northvolt, Sweden’s former
UK Unveils $1.3 Billion Deal for AESC Gigafactory in Sunderland to Supercharge EV Battery Production
The United Kingdom has announced a landmark £1 billion ($1.33 billion) funding deal for the construction of a new gigafactory by Japanese battery manufacturer AESC in Sunderland, northern England. The
Bankrupt battery manufacturer Northvolt is preparing to halt production at its last operational factory in Skelleftea, northern Sweden, at the end of June unless a buyer is found, according to
In the world of electric vehicle startups, one business model has quickly become dogma: sell direct to the consumer. Made famous by Tesla, this direct-sales approach has been adopted by