Car repairs can be a significant financial burden, especially for those living paycheck to paycheck. A recent survey by the Federal Reserve found that 37% of Americans wouldn’t or couldn’t pay $400 in cash for an emergency expense. However, there…
Ford has officially teased its upcoming entry-level electric pickup with a dedicated website and winter testing footage, ahead of a 2025 launch. The compact EV truck, potentially named Ranchero, slots into the market as a smaller alternative to the Maverick,…
Ford has started teasing its new compact electric pickup truck, which is expected to launch next year with a starting price of around $30,000. The truck, potentially dubbed Ranchero, will be similar in size to the old Ford Ranger and…
Chevrolet has finally unveiled the long-awaited 2027 Silverado 1500, marking the first major redesign of the full-size pickup in nearly a decade since the 2018 update. The truck continues to offer four powertrain options: a standard turbocharged 2.7-liter four-cylinder paired…
Turkey’s Competition Board has levied administrative fines totalling TRY3.63 billion (€67 million) on tyre manufacturers and distributors for alleged anti-competitive behaviour in the automotive sector. The watchdog concluded an investigation into concerted price movements, exchange of competitively sensitive information, resale…
Japanese sealing products and electronics components supplier NOK Corp. has posted lower operating income for the fiscal year ended 31 March, citing weaker sales and higher costs despite stronger foreign exchange gains. Net sales for the year fell 3.7% year-on-year…
Zorge Rubber Solutions has supplied nearly one million rubber-PTFE composite components for Li-ion batteries to a tier 1 supplier of a leading German car manufacturer. The innovative elastomer-membrane system is crucial for the safety and efficiency of lithium-ion batteries in…
General Motors is stepping into the military-industrial complex after inking a memorandum of understanding with Lockheed Martin to explore joint production of defense systems. The partnership, facilitated by the U.S. Department of Defense, pairs GM’s manufacturing and engineering prowess with…
Amazon is facing a potential lawsuit from the Federal Trade Commission (FTC) that could result in billions of dollars in civil penalties. The FTC is investigating Amazon’s advertising business, which generated $68.6 billion in revenue last year, over claims that…
Rivian Automotive has initiated another round of job cuts, eliminating hundreds of positions as the company tightens spending while rolling out its new R2 line of plug-in electric SUVs. The layoffs, which affect fewer than 2% of Rivian’s workforce, are…