GM Will Make a New Small-Block V-8, Spending $854 Million on It

GM may be pushing challenging into electrification, but it’s not carried out with inner combustion nonetheless. Previous week, the organization announced an $854 million financial investment into a assortment of…

Rolls-Royce 2022 sales soar, CEO says no slowdown in spending by the rich

Rolls-Royce marketed a report amount of automobiles in 2022 as demand for its $500,000 autos remained strong, irrespective of economic downturn fears, in accordance to CEO Torsten Muller-Otvos. “We have…

Ad giant IPG advises brands to pause Twitter spending

The Twitter brand is witnessed on a mobile gadget in ths illustration picture in Warsaw, Poland on 30 October, 2022. Twitter is dropping its most lively buyers according to investigate…

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world’s best automakers are preparing to invest approximately $1.2 trillion by 2030 to establish and produce hundreds of thousands of electrical cars, alongside with the batteries and raw resources…

SEMA Data Shows Spending on Auto Tech Is Skyrocketing

Autoweek Irrespective of whether owing to higher new-car charges or meager inventory, extra and much more Americans are driving significantly more mature autos. The age of the normal car on…

Ford reportedly plans to increase EV spending by up to $20 billion

The all-electric Ford F-150 Lightning truck in the course of an augmented truth presentation at the Motor Bella Car Clearly show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily…

Elon Musk speaks out against Biden social spending and climate bill

Tesla CEO Elon Musk gestures all through the Tesla China-designed Model 3 Shipping and delivery Ceremony in Shanghai. STR | AFP | Getty Visuals Tesla CEO Elon Musk explained he…

Automakers are spending billions to produce battery cells for EVs in the U.S.

Dane Components (correct), Ford style and release engineer, and Mary Fredrick, Ford battery validation engineer, evaluate the voltage of a battery working with a digital multimeter at Ford’s Battery Benchmarking…

GM ups spending on EVs and autonomous vehicles to $35 billion by 2025

DETROIT — Common Motors reported Wednesday it will enhance expending on electric powered and autonomous autos to $35 billion as a result of 2025, a 30% increase from ideas introduced…

Inflation-proof your spending by avoiding these purchases

If you are suffering from post-pandemic sticker shock, you are not by itself. From fuel and groceries to desktops and garments, daily products are abruptly extra high-priced.   As the…