Focus on Automotive
Toyota’s Q2 US auto sales up 9% on SUV demand
The company, a unit of Japan's Toyota Motor Corp, sold 621,549 vehicles in the quarter, compared with 568,962 units a year earlier.
Nikola’s hydrogen fuel cell truck deliveries surge in Q2, beating expectations
(Reuters) -Nikola said on Tuesday deliveries of its hydrogen-fuel cell trucks surged 80% in the second quarter from the previous three months, signaling...
US second-quarter new vehicle sales growth slows after CDK cyber attack
By Nathan Gomes (Reuters) -Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK...
Major Japanese insurers to offload $3.1 billion of Honda shares, sources say
The move comes as the unwinding of cross-shareholding practices accelerates.
Renault’s EV unit Ampere teams up with LGES, CATL on battery technology
Renault EV unit Ampere said on Monday it would include lithium iron phosphate (LFP) technology in its plans to mass produce EVs
Tesla rises ahead of Q2 deliveries report
Tesla shares gained nearly 6%, after Wall Street brokerage added the stock to its watch list ahead of their Q2 production and delivery...
Ferrari launches battery replacement scheme to preserve performance, value of its cars
The scheme will help owners preserve the resale value of their cars.
CleanTechnica: What the AlixPartners Global Automotive Outlook says about the future of Chinese EVs
AlixPartners has published its latest Global Automotive Outlook, which forecasts Chinese carmakers will make up 33% of the market share by 2030. Steve...
Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand
EV-maker Polestar said on Friday, that its 2023 revenue fell about 3% and its losses widened as it grappled with slowing demand
EV firm Fisker to recall over 12,000 Ocean vehicles
EV firm Fisker is recalling 8,204 Ocean vehicles in the US due to exterior door handles sticking and failing to open, the NHTSA...
