Focus on Automotive
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...
Honda to recall over 720,800 vehicles in US on fuel pump concern
A high-pressure fuel pump may crack and leak fuel, increasing fire risk, the National Highway Traffic Safety Administration said on Tuesday.
Lucid says its stock sale will provide ‘cash runway’ well into 2026
Lucid CEO Peter Rawlinson says the stock sale will provide the electric luxury sedan maker with a "cash runway well into 2026."
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.
German carmakers should not be afraid of Chinese competition, says Scholz
German carmakers need not fear China, says Chancellor Scholz, citing past competition from South Korea and Japan.
Musk to face questions on Tesla’s robotaxi bets on results day
Tesla investors will get the chance to question Elon Musk's robotaxi after a recent unveil lacked key details, hitting shares.
Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says
The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.
NHTSA probing Tesla’s FSD software in 2.4 million vehicles over collisions
The National Highway Traffic Safety Administration (NHTSA) is investigating 2.4 million self-driving Teslas after a pedestrian fatality.
Truck maker Volvo’s Q3 adjusted profit falls more than expected
Swedish truck maker AB Volvo forecast stagnant demand next year and posted a bigger-than-expected slide in quarterly adjusted earnings on Friday.
As Fiat stalls, Italy’s Turin struggles to stave off decline
Turin, home to Europe's oldest car factory, highlights the continent's struggle with electrification costs and China’s competition.
