Nathan Gomes
Aptiv to separate electrical distribution systems business
By Nathan Gomes (Reuters) -Aptiv said on Wednesday it would separate its electrical distribution systems (EDS) business into a new company, as it...
Trump’s tariff pledges rattle US, European auto shares
European automakers' shares fell as Trump pledged tariffs on Canada, Mexico, and China.
Ford shares fall 6% as supply snags and costs hurt profit forecast
Ford shares fall 7.3 per cent after the automaker tempers its full-year profit forecast, blaming supplier disruptions and warranty costs.
Automaker Ford weakens profit outlook, shares fall
Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...
GM sounds upbeat on profit after Q3 results exceed estimates
GM's Q3 results benefit from lean inventories and a steady demand for gasoline-engine truck and SUV, sending its shares up about 7.6 per...
GM, Ford brace for investor scrutiny over pricing power, EV losses
GM and Ford face investor doubts as they report Q3 results amid challenges in gas car pricing power and EV losses.
Ford profit disappoints, stock falls 12% as quality issues dog automaker
The Detroit automaker earned an adjusted profit of 47 cents per share, significantly missing analysts' expectations of 68 cents.
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...
Ford pivots from EV plans to heavy-duty trucks at Canada facility
Ford in April had already delayed the launch of its three-row electric SUVs from 2025 to 2027, citing slower than expected growth in...
Toyota joins group of automakers to help build EV charging network
Joint venture between multiple car makers to provide powerful US EV charging network signs up Toyota as latest investor.
