Aeva's Q2 loss narrows as service revenues nearly triple, lifting sales and turning gross profit positive despite higher operating expenses.
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SAIC-GM has been operating in China's automotive sector since 1997, with cumulative production and deliveries surpassing 20 million vehicles.
Oshkosh tops Q2 estimates as sales rise 6.7% and Access orders hit $1.5B, but margin pressure and a slower fire truck ramp trim its 2026 outlook.
General Motors (NYSE:GM) has renewed its joint venture with China’s SAIC Motor for another 20 years, marking a new chapter for the partnership after a major restructuring of its operations in the Chinese market that included factory closures and a streamlined vehicle lineup. The renewed agreement preserves the companies’ 50-50 ownership structure and places greater emphasis on developing vehicles within China to better meet the preferences of local consumers.
Billionaire Dan Gilbert plans to create new housing, a park and an entertainment district on the city’s waterfront.
The partnership plans to launch at least 30 new-energy vehicles by 2030 and deploy tech solutions developed in China for the Chinese market.
PHIN misses Q2 earnings estimates despite higher sales as employee costs and product mix weigh on margins.
F's Q2 earnings beat, raised 2026 guidance, improving product mix and narrowing EV losses strengthen its investment case.
Toyota will launch a ¥1tn ($6.3bn) share buyback as the world’s biggest carmaker raised its annual outlook on the back of the weak yen and strong...
Toyota reported fiscal first quarter results on Tuesday that topped estimates for revenue and net income, and the world's largest automaker raised its full-year profit forecast and announced a share buyback even as US tariffs and softer sales hit operating profit.
SoundHound AI has built something rare in the voice-AI space: a platform that major automakers, restaurant chains, banks, and smart TV brands all depend on. Now, with shares down sharply and a transformative merger pending, several trillion-dollar companies have real reasons to consider writing a check.
US demand for petrol trucks and big SUVs helped boost profits at Detroit carmakers, drawing a dividing line with European groups battling declining...
LKQ misses Q2 earnings and revenue estimates as Europe's ERP rollout disrupts Germany, prompting lower 2026 guidance despite growth in North America.
Ford Motor and General Motors are looking beyond cars. In May, Ford’s shares surged as much as 45%, adding nearly $23 billion of market value, in the weeks after it formally announced Ford Energy, a grid-scale battery-storage business that will serve the power needs of artificial-intelligence hyperscalers and utilities. Its shares have since moderated, but are still up more than 20% since the Ford Energy launch.
President Donald Trump said that his administration’s newly imposed U.S. tariffs are effectively the same as the tariffs the Supreme Court ruled illegal earlier this year. On Tuesday, in an interview with Fox News, Trump said, "It’s a shame that...
Lithia Motors tops Q2 estimates as stronger used-vehicle margins, aftersales growth and record financing income offset mixed sales trends.
DETROIT, July 30 (Reuters) - Vehicle leasing has declined in the United States in recent years, curbing what has long been a preferred route to new wheels for many car shoppers. Before the pandemic, leasing accounted for around 30% of the U.
On July 29, 2026, the automaker's adjusted profit of $0.42 per share and higher full-year outlook kept investors focused on margin execution.
Ram, Jeep, and Fiat parent company Stellantis reported decent first-half results on Thursday morning, but only reaffirmed its prior guidance. Investors clearly want more from CEO Antonio Filosa's turnaround plan.
Ram, Jeep, and Fiat parent company Stellantis will report second quarter and first half results on Thursday morning, with the success of CEO Antonio Filosa's turnaround plan clearly in focus.
Asbury beats on Q2 earnings as used-vehicle profitability offsets weaker new-car margins, even though revenues miss estimates.
Ford announced an operating profit of $2.5 billion from sales of $48.3 billion. Things look OK for the U.S. car business.
Investing.com -- Citi upgraded Ford Motor to Buy from Neutral and raised its price target to $20 from $19, saying improving F-Series pickup production, easing warranty costs and better aluminum supply are driving a positive shift in the automaker's earnings outlook.
The Michigan governor’s office estimates that the taxes have cost every family in the automaking state an average of $1,000 per year.
GNTX beat Q2 earnings estimates as favorable product mix, tight cost control and tariff reimbursements offset softer auto demand and lower revenues.
PCAR beats Q2 earnings estimates as higher truck profitability and record parts revenues offset softer sales.
(Bloomberg) -- Two months after Ford Motor Co. became the latest old-economy manufacturer to be swept up in the artificial-intelligence rally, investors are looking for proof the enthusiasm was justified. Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oi
Trump stood before autoworkers at a GM proving ground and promised his tariffs had revived American manufacturing, but Michigan employment data from the same period tells a sharply different story about who is actually paying the price.
Ford reports second quarter results on Tuesday. Wall Street is looking for second quarter operating profit of $2.1 billion from sales of $47.2 billion.