CarGurus' 2026 Mid-Year Review reveals robust consumer demand across vehicle segments, with luxury SUVs selling faster and used hybrid prices hitting record highs. New car prices average around $50,900, reflecting a market shift toward higher-priced vehicles. Consumers are keeping cars longer, boosting sales of older, high-mileage used vehicles, especially trucks priced near $20,000. Rising gas prices have increased interest in hybrids and electric vehicles, with used hybrid sales up 34% and prices reaching all-time highs. These trends suggest a market adapting to affordability challenges and evolving buyer preferences.
Chevrolet introduced the 2027 Silverado 1500, claiming it as the most powerful Silverado ever with new V8 engines, including a 5.7-liter and 6.6-liter naturally aspirated V8. The truck features a redesigned exterior, advanced technology like a digita...
VictoryShares recently rebalanced three of its free cash flow (FCF) ETFs—VFLO, GFLW, and IFLO—shifting their portfolio focuses. VFLO increased holdings in energy giants like Exxon Mobil and Devon Energy while exiting tech and industrial stocks like D...
General Motors CEO Mary Barra announced that nearly 90% of the code for GM's autonomous vehicle team is generated by AI, highlighting the company's deep commitment to AI technology. This AI-written code powers the upcoming Super Cruise system, set to...
The 2026 Detroit Supplier Matchmaking Expo, organized by the U.S. Small Business Administration alongside General Motors, connected over 600 small suppliers with more than three dozen large companies and federal agencies. The event aimed to strengthe...
