Ford’s SUV lineup has become a go-to for used-car shoppers in the U.S., with several models ranking among the most popular choices in the first quarter of 2026. According to Experian’s Q1 2026 Automotive Consumer Trends & Analysis Report, Ford…
Chinese automakers have been expanding their global market share in recent years due to their competitive pricing and advanced tech features. However, some countries, including the US, have imposed legal barriers to prevent them from entering certain markets. As a…
Amazon’s four-day Prime Day sale is set to begin on June 23, with U.S. online spending expected to reach a record $26.3 billion, up 9% from last year. The event is significant as inflation and higher gas prices drive deal-seeking,…
Kroger reported on June 18, 2026, that same-store sales rose 1% excluding fuel, beating Wall Street expectations as consumers continued to prioritize groceries and essentials amid inflation and higher fuel costs. The gain reflects a shift toward budget-conscious spending, with…
Chinese giant BYD has stormed the UK new-car market in just three years, selling its 100,000th vehicle and seizing a 5% share of the total market. The surge began in March 2023 when BYD launched its first electric and plug-in…
The U.S. Federal Trade Commission (FTC) is taking aim at dealerships that flood online marketplaces with deceptive “ghost car” listings—ads for vehicles that don’t actually exist in inventory or are already sold. Nearly 100 dealers have received warning letters from…
Electric vehicle (EV) registrations in the U.S. dropped 9.8% year-over-year in April 2026, marking the smallest decline so far this year and signaling a potential market rebound. The total number of new EV registrations reached 89,147 units, according to S&P…
U.S. retail sales surged 0.9% in May, beating expectations and doubling April’s revised 0.4% increase, as government data showed broad-based consumer resilience despite persistent inflation and elevated fuel costs. The Commerce Department reported total retail and food services sales at…
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…
BMW AG’s Board of Management has revised its full-year guidance for 2026, citing a deteriorating operating environment and a one-time impact from accelerated structural and efficiency measures. The company now expects a slight decline in automotive segment deliveries compared to…