Focus on Automotive
Cummins raises full-year outlook as demand picks up steam
Truck maker Cummins' Q2 beats estimates after power systems find using in mining industry and work continues on low-emission technologies.
Mobileye slashes annual forecasts on uncertain demand; shares fall
Israeli self-driving company Mobileye revenue reconsidered as carmakers around the world cut production and reduce demand for chips.
Japan’s Nissan, Honda to jointly research software, start talks with Mitsubishi
Japanese automakers Nissan Motor and Honda Motor agreed to conduct joint research into technologies for a next-gen software platform
China woes hit BMW as profit margin falls
Earnings fall in BMW Q2 results as Chinese sales slump, but strong demand for EVs could be a positive sign for the future.
Weak yen helps Toyota compensate for Japan issues and EV woes
Toyota profits see modest rise despite certification issues in Japan and concerns over China gaining market share for EVs.
Big truckmakers bet on hydrogen to extend combustion engine life
With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.
BorgWarner’s second-quarter profit beats on auto parts demand
BorgWarner beat Wall Street expectations for Q2 profit and raised its annual earnings forecast on Wednesday
Uber, BYD partner to bring EVs to ride-hailing platform globally
Uber and BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new EVs to the ride-hailing platform
Panasonic’s battery unit Q1 operating profit sinks as sales drops
Panasonic Holdings said Wednesday its Q1 operating profit fell 7%, weighed by lower sales at its battery-making energy unit
Toyota to post rise in Q1 profit on hybrid demand, but momentum may be slowing
Demand for hybrids is likely to deliver another quarter of double-digit growth for Japan's Toyota Motor when it reports earnings on Thursday
