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Local News

David Pieris Automobiles Joins Forces with People’s Leasing to Boost GWM and BAIC Vehicle Market Presence.

May 20, 2026 at 4:52 AM

David Pieris Automobiles and People’s Leasing & Finance have signed a strategic partnership to provide enhanced financial accessibility for customers looking to purchase GWM and BAIC vehicles across Sri Lanka.

10 sources

David Pieris Automobiles Joins Forces with People’s Leasing to Boost GWM and BAIC Vehicle Market Presence

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Technology

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Detroit Auto Giants Slash 20,000 Salaried Jobs Amid AI Integration.

May 19, 2026 at 12:30 AM

7 sources

Technology

The Automotive Industry's Aggressive Pivot Toward AI-Centric Talent.

May 17, 2026 at 4:20 PM

7 sources

Technology

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Rising Fuel Costs Driving Consumers Toward EVs, Says BYD Executive.

May 13, 2026 at 12:44 PM

9 sources

The Vanishing Budget Vehicle: Why Finding an Affordable Car in the U.S. Is Becoming a Struggle

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Automotive•

May 12, 2026 at 11:09 AM

The Vanishing Budget Vehicle: Why Finding an Affordable Car in the U.S. Is Becoming a Struggle.

Data from CarGurus reveals a shrinking market for budget-friendly vehicles in the U.S., as average new car prices top $50,000 and automakers pivot toward premium SUVs and trucks.

9 sources

Technology

DoorDash Allocates $100 Million to Support Delivery Drivers Amid Fuel Price Surge.

May 6, 2026 at 10:58 PM

DoorDash is investing $100 million in the first half of 2026 to help its delivery drivers manage rising fuel costs, opting to delay certain business investments to fund these relief efforts.

9 sources

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Technology

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Inside Ford's Secret 'Skunk Works' Project: Building the Future of Affordable Electric Pickups.

May 5, 2026 at 1:03 PM

7 sources

Technology

Autonomous Vehicle Industry Enters Era of Consolidation as Capital Flows to Top Players.

The autonomous vehicle sector is witnessing a record-breaking year for venture capital, but funding is highly concentrated among a few dominant firms like Waymo, signaling a shift toward industry maturation and consolidation.

May 4, 2026 at 8:24 AM

13 sources

Technology

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General Motors Shifts Focus Back to Combustion Engines Amid Cooling EV Demand.

April 29, 2026 at 10:24 PM

9 sources

Middle East Conflict Sparks Global Surge in Electric Vehicle Adoption

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Technology•

April 27, 2026 at 5:27 AM

Middle East Conflict Sparks Global Surge in Electric Vehicle Adoption.

Escalating conflict in the Middle East has driven up global fuel prices, leading to a significant increase in demand for electric vehicles across countries like Australia, China, Vietnam, and South Korea as consumers look for cost-effective alternatives.

4 sources

Technology

Alibaba Expands Qwen AI into Chinese Automotive Market with Voice-Activated Services.

April 24, 2026 at 4:08 AM

Alibaba is integrating its Qwen AI model into vehicles from major automakers like BYD and Volkswagen to provide voice-controlled services such as food ordering and travel bookings, aiming to boost competitiveness in the slowing Chinese EV market.

10 sources

Alibaba Expands Qwen AI into Chinese Automotive Market with Voice-Activated Services

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Technology

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Tesla Ramps Up AI Spending to $25 Billion Amid Strategic Shift.

April 23, 2026 at 11:22 AM

15 sources

Finance

Why Reduced Driving Won't Shield You from Rising Car Insurance Costs.

While rising gas prices are forcing many Americans to drive less, experts warn that this reduction won't lead to significant savings on car insurance premiums due to inflating repair and parts costs.

April 23, 2026 at 11:05 AM

15 sources

Business

The Vanishing Mom-and-Pop: How Consolidation is Reshaping the U.S. Automotive Retail Industry.

Small, family-owned car dealerships are increasingly being acquired by large retail conglomerates as the automotive industry shifts toward greater consolidation, technological advancement, and higher capital requirements.

April 18, 2026 at 12:06 PM

9 sources

Surging Fuel Costs Force Ride-Hailing Drivers to Recalibrate Earnings Strategy

Image Source : usatoday.com

Economy•

April 18, 2026 at 9:55 AM

Surging Fuel Costs Force Ride-Hailing Drivers to Recalibrate Earnings Strategy.

Rising gasoline prices triggered by geopolitical instability are forcing full-time rideshare drivers to become more selective with trip acceptance and adopt fuel-saving driving habits.

5 sources

Finance

The Rise of 'Halo' Stocks: Why Investors are Seeking AI-Resistant Assets.

April 18, 2026 at 4:17 AM

As Artificial Intelligence reshapes the corporate landscape, a new investment theme known as 'Halo' stocks is gaining traction, focusing on companies with tangible, physical assets that are difficult for AI to replicate.

4 sources

The Rise of 'Halo' Stocks: Why Investors are Seeking AI-Resistant Assets

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Technology

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Rivian Seeks Strategic Partnerships with Major Automakers to License Proprietary Software.

April 17, 2026 at 11:58 AM

10 sources

Business

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Investment Caution: Apollo President Questions Long-Term Returns on Massive AI Spending.

April 17, 2026 at 5:39 AM

7 sources

Technology

Factory Reaches $1.5B Valuation to Advance Enterprise AI Coding Agents.

April 16, 2026 at 11:03 PM

7 sources

The Resurgence of the Sedan: Why Foreign Brands are Winning the Affordability War

Image Source : cnbc.com

Automotive•

April 16, 2026 at 11:41 AM

The Resurgence of the Sedan: Why Foreign Brands are Winning the Affordability War.

As American automakers pivot heavily toward SUVs and trucks, foreign manufacturers are capitalizing on the enduring demand for affordable, fuel-efficient sedans, capturing a key demographic of budget-conscious and younger buyers.

17 sources