General Motors is recalling nearly 23,000 2025-2026 Chevy Equinox EV and Cadillac Optiq vehicles due to defective Continental Tire tires. The problem lies in an unsuitable rubber compound, which can lead to tread separation.
Chinese company Wuling has released a new mini electric car Aishang A100C with a price starting from 39,800 yuan ($5600). This subcompact city hatchback was developed jointly with General Motors and seats four passengers.
General Motors plans to release an electric SUV, the Cadillac Escalade IQ, which will be able to drive without driver intervention, in 2028. The system will allow hands-free driving on highways but will be disabled in urban conditions.
The US stock market is showing growth, approaching historical highs, as companies begin to report summer earnings. Shares of General Motors, RTX, Danaher, and Coca-Cola exceeded analysts' expectations, while some tech giants, such as Alphabet, are showing declines.
Global electric vehicle sales in September 2025 exceeded 2. 1 million units for the first time, marking the highest monthly figure. This boom is driven by tax breaks and local incentives in the US, UK, South Korea, and China.
In the third quarter, Cadillac achieved a historic record, selling almost 40% of new electric vehicles in the US, which is 154% more than last year. This was made possible by a federal incentive of $7,500, which has already expired.
Sales of new electric vehicles in the US grew by 21% last quarter, reaching 10% of total deliveries, thanks to a $7,500 federal tax credit. However, a slowdown in EV sales is expected after the credit expires.
New Volvo electric vehicles, including the mid-size EX60 electric SUV, will be equipped with advanced battery technologies available outside of China. The EX60, due out next year, will have battery options with two different chemical compositions and will use prismatic cells.
The new BMW X5 crossover will feature five types of powertrains, including gasoline, diesel, hybrid, hydrogen, and battery-electric versions. The first hydrogen model, developed jointly with Toyota, will go into production in 2028, while the new X5 is expected to debut next year.
The Cadillac Formula 1 team has confirmed a multi-year partnership with Jim Beam, making the bourbon producer its official spirits partner. This strengthens Cadillac's identity as an American entrant and expands Jim Beam's presence in international markets.
Chrysler is recalling 91,787 hybrid Jeep Grand Cherokee SUVs from model years 2022-2026 in the US. The reason is a software bug that can lead to a sudden loss of power and an accident without warning.
Billionaire Elon Musk received an invitation to a summit of technology leaders at the White House, but does not plan to attend. His representative will be present at the event, where other well-known tech giants are expected.
General Motors is recalling over 23,500 Chevrolet Corvette cars from the 2023-2025 model years in the USA. The reason is a fuel leak, which could lead to a fire.
General Motors and Hyundai have announced a partnership to develop five new models, from pickups to electric vans. The cooperation covers markets in both Americas, with the first cars appearing in 2028.
The Chevrolet Equinox EV led sales among non-Tesla models in the first half of 2025, surpassing the Ford Mustang Mach-E. In July, GM sold over 8,500 Equinox EVs, marking a record month for any non-Tesla electric vehicle.
European luxury car manufacturers, including Porsche and Aston Martin, are raising prices in the US due to tariffs. This comes after the US and Europe reached a trade agreement on a 15% tariff on cars from the EU.
Tesla is launching its first robotaxi service in Austin with a limited fleet of vehicles and only in certain areas. The project aims to restore investor confidence and the market after falling sales, relying on autonomous driving, artificial intelligence, and robotics.
