LG Energy Solution has terminated an electric vehicle battery supply contract with Ford Motor worth approximately 9.6 trillion won ($6.5 billion), the South Korean battery manufacturer announced in a regulatory filing on Wednesday, according to Reuters. The termination followed notification from Ford after the automaker decided to halt production of some EV models due to… Continue reading LG Energy Solution Terminates $6.5 Billion Battery Supply Deal with Ford: Reuters
Tag: GM
German FAZ: A turbo for small electric cars010356
The day after the European Union presented its plans for new emissions rules, the auto industry is clearly looking for guidance. The Volkswagen Group is satisfied and speaks of a “pragmatic design”, especially because small electric cars will soon be particularly promoted. And the Wolfsburg-based company wants to bring out many new models in this… Continue reading German FAZ: A turbo for small electric cars010356
German FAZ: A turbo for small electric cars010358
The day after the European Union presented its plans for new emissions rules, the auto industry is clearly looking for guidance. The Volkswagen Group is satisfied and speaks of a “pragmatic design”, especially because small electric cars will soon be particularly promoted. And the Wolfsburg-based company wants to bring out many new models in this… Continue reading German FAZ: A turbo for small electric cars010358
German FAZ: A turbo for small electric cars010358
The day after the European Union presented its plans for new emissions rules, the auto industry is clearly looking for guidance. The Volkswagen Group is satisfied and speaks of a “pragmatic design”, especially because small electric cars will soon be particularly promoted. And the Wolfsburg-based company wants to bring out many new models in this… Continue reading German FAZ: A turbo for small electric cars010358
Cox Automotive Forecast: Despite Q4 Slowdown, New-Vehicle Sales Expected to Hit 16.3 Million in 2025, Up Nearly 2% from 2024; Best Result Since 2019
December’s new-vehicle sales pace is expected to finish near 15.9 million, down from last year’s 16.8 million level and up slightly from November’s 15.6 million. December sales volume is expected to reach 1.46 million, down 3.5% from last year but up 12.7% from November. Thanks to a strong start in 2025 and a robust third… Continue reading Cox Automotive Forecast: Despite Q4 Slowdown, New-Vehicle Sales Expected to Hit 16.3 Million in 2025, Up Nearly 2% from 2024; Best Result Since 2019
Petalfast and Sunderstorm Announce LOI to Combine Distribution Capabilities in Strategic California Expansion
The deal supports state-wide distribution, logistics and technology infrastructure with expanded capacity, top-performing sales organization, leading portfolio of brands led by Sunderstorm’s KANHA premium line of cannabis edibles, and growth capital to support future expansion. IRVINE, Calif., Dec. 17, 2025 /PRNewswire/ — Petalfast, a leading national sales and distribution platform for the regulated cannabis industry, today announced the… Continue reading Petalfast and Sunderstorm Announce LOI to Combine Distribution Capabilities in Strategic California Expansion
How GM Is Gaining Momentum in Software and Services Heading Into 2026
U.S. legacy automaker General Motors GM is moving forward to increase revenues from its software and services, like OnStar and Super Cruise, during and after each vehicle sale. The company has already generated nearly $2 billion revenues (year to date) from OnStar, Super Cruise, and other software services. The deferred revenues were up 14% from second-quarter 2025… Continue reading How GM Is Gaining Momentum in Software and Services Heading Into 2026
CELEBRATING A DECADE, AUTOTECH VENTURES ADDS MIKE ABBOTT AS VENTURE PARTNER, ELEVATES SENIOR LEADERS, DOUBLES DOWN ON AI AND DEEP TECH
MENLO PARK, Calif., Dec. 17, 2025 /PRNewswire/ — Autotech Ventures, an early- and growth-stage venture capital firm, celebrates its 10th anniversary as one of the most active sector-focused investors in transportation, logistics and industrial systems. Team Expansion As part of its 10-year milestone, Autotech Ventures announces a new venture partner and key promotions within its… Continue reading CELEBRATING A DECADE, AUTOTECH VENTURES ADDS MIKE ABBOTT AS VENTURE PARTNER, ELEVATES SENIOR LEADERS, DOUBLES DOWN ON AI AND DEEP TECH
When the plug gets pulled: Policy, demand drag EVs
The impact on sales has been dramatic, with US EV volumes dropping sharply toward the end of 2025. Automakers that ramped up production in anticipation of sustained growth are now competing for a shrinking pool of buyers. As the global auto industry approaches 2026, electric vehicles, once positioned as the uncontested future of mobility, are… Continue reading When the plug gets pulled: Policy, demand drag EVs
@Groupe PSA: OP A good nose is not enough000852
Well, Mainz actually wrested a point from Bayern. What a league debut for the new 05 coach Urs Fischer. His former club Union Berlin beat Leipzig, who had not scored as confidently as the league leaders from Munich, but had also played well. Who could possibly have predicted such results? At least not many. In… Continue reading @Groupe PSA: OP A good nose is not enough000852