Mercedes-Benz USA CEO Adam Chamberlain said 2026 will be more challenging than expected due to high auto loan interest rates and rising gas prices. Despite these headwinds, Mercedes is investing $4 billion in its Alabama plant through 2030 to boost production and aims to increase U.S. car sales by 28%, targeting 400,000 annual sales by 2030. While tariffs have raised costs, they have not slowed sales, and new models like the GLE 53 Hybrid will be built in Alabama to support growth. The company remains cautious but optimistic about managing short-term challenges in the market.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
