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Fed opts for small rate hike, still expects to deliver 'ongoing increases'
Auto February 1, 2023 , by BizLizzy Reporter
“Inflation has eased somewhat but remains elevated,” the U.S. central bank said in a statement
Rivian to cut 6% of jobs following Ford, Tesla price cuts
Auto February 1, 2023 , by BizLizzy Reporter
Price cuts by Tesla and Ford are expected to hurt EV upstarts such as Rivian, Lucid Group […]
Commercial electric truck demand far outstrips charging infrastructure
Auto February 1, 2023 , by BizLizzy Reporter
Truck manufacturers and shippers say a lack of charging infrastructure and long delays in building projects
Audi forms joint venture with digital agency — behind the deal
Auto February 1, 2023 , by BizLizzy Reporter
The automaker forms Audi RED in partnership with digital experience design shop BIMM. Read More
Electrify America, TravelCenters of America to install 1,000 chargers along U.S. highways
Auto February 1, 2023 , by BizLizzy Reporter
The partnership will add charging stations to major travel corridors over five years, aiming to ease
Toyota slides; Honda, Hyundai, Kia, Subaru, Mazda rack up U.S. sales gains
Auto February 1, 2023 , by BizLizzy Reporter
U.S. light-vehicle deliveries are forecast to rise 2.4 percent to 6.5 percent in January, analysts say,
Credit Acceptance income drops 42%, auto loan volume up in Q4
Auto February 1, 2023 , by BizLizzy Reporter
Credit Acceptance Corp.’s auto loan volume from dealerships rose 26 percent during the fourth quarter.
Battery startup Our Next Energy raises $300 million in new funding round
Auto February 1, 2023 , by BizLizzy Reporter
Battery startup Our Next Energy Inc., known as ONE, closed a $300 million investment round, the company
Self-driving tech firm Aurora hires its first president
Auto January 31, 2023 , by BizLizzy Reporter
Ossa Fisher will play a central role in scaling operations and maintaining relationships with key partners
GM Financial profit slips in Q4 as interest rates rise
Auto January 31, 2023 , by BizLizzy Reporter
General Motors’ captive lender said it experienced the effects of lower net leased vehicle income
Upstart: Layoffs won't significantly alter auto lending, digital retail businesses
Auto January 31, 2023 , by BizLizzy Reporter
Though layoffs occurred within its auto businesses, Upstart doesn’t expect its auto digital retail
GM hires former Tesla exec to head mergers and acquisitions
Auto January 31, 2023 , by BizLizzy Reporter
The automaker’s newest vice president, Zach Kirkman, spent six years at Tesla and six years at

Breaking News

Business, Science & Industry News

Fed opts for small rate hike, still expects to deliver 'ongoing increases'

Rivian to cut 6% of jobs following Ford, Tesla price cuts

Commercial electric truck demand far outstrips charging infrastructure

Audi forms joint venture with digital agency — behind the deal

Electrify America, TravelCenters of America to install 1,000 chargers along U.S. highways

Toyota slides; Honda, Hyundai, Kia, Subaru, Mazda rack up U.S. sales gains

Credit Acceptance income drops 42%, auto loan volume up in Q4

Battery startup Our Next Energy raises $300 million in new funding round

Self-driving tech firm Aurora hires its first president

GM Financial profit slips in Q4 as interest rates rise

Upstart: Layoffs won't significantly alter auto lending, digital retail businesses

GM hires former Tesla exec to head mergers and acquisitions

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