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Tesla Hikes Model Y Prices, Ending Two-Year Streak of Aggressive Cuts
Tesla increased United States prices for Model Y premium vehicles by up to $1,000. This adjustment marks the first price hike for the electric SUV in two...
Stellantis invests €1 billion in China for Peugeot and Jeep EVs
Stellantis N.V. and Dongfeng Motor Group signed a new strategic cooperation agreement to expand their 34-year partnership. The companies will invest over 8...
Stellantis signs €1B China deal to export Peugeot and Jeep EVs
Stellantis N.V. and Dongfeng Motor Group signed a strategic agreement to expand their 34-year partnership. The companies will invest over 8 billion yuan...
U.S. Retail Sales Rise 0.5% in April, Driven by Fuel Prices
The U.S. Census Bureau reported advance estimates for April 2026 retail and food services sales rose 0.5% from the previous month. This figure matched...
Stellantis expands Dongfeng venture, targeting global exports with €1B EV investment
Stellantis and Dongfeng Group expanded their 34-year partnership through a new strategic agreement. The joint venture, DPCA, will produce all-new Peugeot and...
U.S. Retail Sales Rise 0.5% in April, Led by Higher Gas Prices
The U.S. Census Bureau reported a 0.5% monthly increase in retail and food services sales for April 2026. Year-over-year sales grew by 4.9%. The results...
U.S. Retail Sales Rise 0.5% in April, Driven by High Gas Prices
The U.S. Commerce Department reported a 0.5% increase in retail and food services sales for April 2026. This growth aligned with market expectations. The...
Honda Shelves $11B Canada EV Project, Citing Shifting Demand
Honda Motor Co. shelved its planned $11 billion electric-vehicle supply-chain project in Canada on Thursday. The Japanese automaker cited shifting consumer...
U.S. retail sales slow to 0.5%, squeezed by rising gas prices
U.S. retail sales rose 0.5% in April, according to Commerce Department data. This figure marks a deceleration from the revised 1.6% growth recorded in...
U.S. Retail Sales Rose 0.5% in April, Slowing as Fuel Costs Rise
The U.S. Census Bureau reported a 0.5% increase in retail and food services sales for April 2026. This growth marks a slowdown from the revised 1.6% increase...
US Retail Sales Rise 0.5%, as Inflation Squeezes Discretionary Spending
The U.S. Census Bureau reported a 0.5% increase in advance retail sales for April 2026. This figure met market expectations and represents a 4.9%...
U.S. Retail Sales Rise Seventh Straight Month, Despite Inflation Pressures
U.S. retail sales grew for the seventh consecutive month in April. Total retail sales, excluding auto and gas, rose 0.34% month-over-month. This figure...
NRF Reports April Retail Sales Growth, Defying Inflation for Seventh Month
The National Retail Federation (NRF) reported that U.S. retail sales increased in April. This marks the seventh consecutive month of growth despite persistent...
NRF reports seventh month of retail growth, fueled by wage gains
The National Retail Federation reported that retail sales rose for the seventh consecutive month in April. Total sales excluding auto dealers and gas stations...
Congress moves to ban Chinese vehicles, citing national security risks
US lawmakers introduced the bipartisan Connected Vehicle Security Act to prohibit the importation, manufacturing, and sale of Chinese vehicles. The legislation...
US Lawmakers Propose Ban on Chinese Vehicles, Citing National Security Risks
U.S. lawmakers introduced the bipartisan Connected Vehicle Security Act to prohibit the importation, manufacturing, and sale of Chinese vehicles. The...
Alibaba Beats Q1 Estimates, Fueled by Rebounding Chinese Consumer Spending
Alibaba reported first-quarter revenue of $32 billion. This figure represents an 8% year-over-year increase and surpassed analyst expectations. A recovery in...
Toyota warns of A$6.9 billion profit hit, citing US tariffs
Toyota forecasts a significant profit decline due to escalating U.S. tariffs and rising global costs. North American operations swung from an A$1.1 billion...
General Motors Cuts Hundreds of IT Jobs, Prioritizing AI and Autonomous Tech
General Motors is laying off several hundred salaried IT employees as part of a strategic realignment. The workforce reduction primarily affects staff at...
Amazon expands 30-minute delivery to dozens more cities, pressuring retail rivals
Amazon expanded its Amazon Now 30-minute delivery service to dozens more U.S. cities on Tuesday. The expansion adds Austin, Houston, Minneapolis, and Phoenix...