U.S. auto market predictions for 2030: More hybrids, no Chinese entrants
A new automotive report predicts Chinese vehicles will not enter the U.S. market by 2030, while hybrid vehicles are expected to reach 34% market share by that year.
GM launching new customer software experience with redesigned Chevy, GMC pickups
General Motors is launching a redesigned in-vehicle software experience for its new Chevrolet Silverado and GMC Sierra pickup trucks later this year, featuring smartphone-like customization and improved integration with Apple CarPlay and Android Auto.
Ford increases V-8 engine availability, lowers performance prices for 2027 F-150 trucks
Ford is expanding V-8 engine availability across its 2027 F-150 lineup and lowering prices for performance models like the Raptor and Tremor by reducing standard equipment.
US borrowing costs hit highest level since 2007 as oil prices jump
US government borrowing costs reached their highest level since 2007 as oil prices surged, driven by regional tensions and inflation concerns.
Electricity discount: £63 to be given to NI households
Northern Ireland households will receive a one-off £63 electricity bill reduction next month, applied automatically through two government-funded schemes tailored for different payment methods.
Interest rates hold expected but Bank of England facing tough choices
The Bank of England is expected to keep interest rates unchanged at 3.75% despite accelerating inflation driven by Middle East conflict-related energy price increases, though analysts debate whether a rate hike may come before year-end.