Stellantis Plans €60bn Turnaround With 60 New Models
According to the Financial Times, Stellantis announced a major turnaround strategy that includes launching 60 new vehicle models this decade and investing €60 billion...
Electric Vehicles Near 30% of Worldwide Car Sales
The International Energy Agency projects global electric vehicle sales will reach 23 million in 2026, accounting for nearly 30% of all new car sales...
Auto Sector Feels Sting of Hormuz Disruption
The Strait of Hormuz closure is disrupting the global auto industry by raising oil, shipping, and parts costs. With about 20% of the world’s...
China’s NEV Market Continues to Grow but Shows Signs of Slowing
The Oxford Institute for Energy Studies’ March 2026 “China new energy vehicle (NEV) update” finds that China’s NEV market remains large and growing but is...
February Auto Sales Dip 1.4% Year-Over-Year
National Automobile Dealers Association reports that new light‑vehicle sales in February reached a seasonally adjusted annual rate (SAAR) of 15.8 million units, a slight 1.4%...
The Largest Deregulation in American History
The US Environmental Protection Agency (EPA) has revoked the 2009 endangerment finding, the scientific determination that greenhouse gases such as CO₂ pose a danger...
EV Sales Decline in 2025 as Hybrids Gain Market Share
The US Energy Information Administration reports that while sales of electric vehicles (EVs) grew earlier in 2025, overall EV sales declined during the year...
AI Memory Demand Sparks Global Shortage
Global memory shortages driven by booming AI demand are set to affect not only data centers—projected to consume 70% of worldwide memory in 2026—but...
Michigan’s Auto Industry Faces Critical Crossroads in 2026
The Associated Press reports that Michigan faces a critical moment for its $348 billion automotive industry, which accounts for 20% of state jobs and...
Driverless Disaster: Blackout Turns Waymo Vehicles into Roadblocks
A widespread power outage in San Francisco caused by a substation fire left more than 100,000 homes and businesses without electricity and disrupted traffic...