Focus on Automotive
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.
U.S. new light vehicle sales to rise about 1% in July: report
The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...
Biofuel Bentleys are coming for Britain’s green king
Environmentally conscious King Charles III will convert chauffeur-driven cars to run on biofuels, install solar panels and increase use of SAF for royal...
Renault’s first-half profit beats estimates, sticks to 2024 outlook
Renault's first-half profit exceeded expectations due to strong pricing and new vehicle launches, maintaining its full-year profit-margin forecast amidst rising hybrid sales.
In fuel-guzzling Saudi Arabia, electric cars pique interest
Saudi EVs business could take off as the Gulf kingdom hopes to diversify away from oil – with Chinese giant BYD expected to...
Musk says any Trump move against EV support would hurt competitors more than Tesla
Tesla CEO Elon Musk said on Tuesday that Donald Trump's potential removal of support for EVs would hurt other automakers more than Tesla
Tesla’s bleak margins sour investors as Musk hypes everything but cars
Tesla shares sank more than 11% on Wednesday CEO Elon Musk hyped the company's investment plans for AI and self-driving technologies
Porsche bids to restore output, tackle supply chain risks in second half
Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China
China’s BYD widens EV lead over Tesla in Singapore, Southeast Asia, data shows
China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed
LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe
South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said
