Michigan, known as the Arsenal of Democracy during WWII, is regaining prominence as a key US defense manufacturing hub. The GVSETS 2026 symposium, held in Novi from August 11-13, gathers government, industry, and academia to showcase advances in military ground vehicles. This event highlights renewed Pentagon collaboration with Detroit automakers like GM Defense, focusing on next-gen tactical vehicles and integrating commercial tech with defense needs. The symposium also marks increased venture capital interest, signaling a shift toward faster innovation in military mobility technology.
General Motors reported a 4.2% year-over-year sales decline in Q2, outperforming Ford's 10% drop, driven by strong demand for internal combustion engine (ICE) crossovers and SUVs. Chevrolet's Trailblazer and Traverse models saw significant sales incr...
Used electric vehicle prices in the US surged 12% in June 2026 compared to the previous year, driven by high gas prices and geopolitical tensions from the Iran war. Cox Automotive's Manheim Used Vehicle Value Index shows used EV prices rising steadil...
