Automotive
Ford Beats Q2 Revenue Expectations and Reinstates Full-Year Guidance Despite Tariff Challenges
Ford Motor reported second-quarter revenue that exceeded expectations and reinstated its full-year guidance, despite ongoing challenges from tariffs imposed by the U.S. government. The automaker had suspended its guidance...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Porsche to Launch China-Exclusive Infotainment System in 2026
Porsche has announced it will introduce an exclusive infotainment system designed specifically for the Chinese market in 2026, a move that underscores the luxury...
Mercedes-Benz Urges EU-China Cooperation on EV Tariffs
Mercedes-Benz CEO Ola Källenius has voiced strong support for a collaborative and balanced approach to resolving trade tensions between the European Union and China...
GAC Commits to Safety Responsibility for Level 4 Autonomous Vehicles
Guangzhou Automobile Group (GAC), one of China’s prominent automakers, has announced its commitment to assuming full responsibility for the safety of Level 4 autonomous...
Nissan to Invest Over $1.3 Billion in China by 2026
Nissan Motor has announced plans to invest over 10 billion yuan (approximately $1.37 billion) in China by the end of 2026. This significant investment...
Tesla Delays Production of Affordable Model Y, Targets 2026 Launch
Tesla's long-anticipated plans for an affordable electric vehicle have faced delays, including the production of a U.S.-made, budget-friendly version of its popular Model Y...
The Rise of Car Operating Systems: Revolutionizing Vehicle Technology
Modern vehicles are increasingly powered by sophisticated operating systems, a shift that started decades ago with the introduction of electronic control units (ECUs) in...
Waymo to Begin Autonomous Vehicle Testing in Tokyo in 2025
Waymo, Alphabet’s autonomous vehicle unit, announced plans to begin testing its self-driving cars in Tokyo in early 2025, marking its first international expansion and...
General Motors Ends Cruise Robotaxi Operations to Refocus on Core Business
General Motors (GM) has announced the shutdown of its Cruise robotaxi operations, marking a strategic shift toward its core automotive business and adjacent opportunities....
Nio Challenges Foreign Luxury Carmakers with ET9 Electric Sedan
Chinese electric vehicle (EV) manufacturer Nio has launched its latest luxury sedan, the ET9, aimed at competing with premium models like BMW’s 7 Series...
Volvo Cars to Begin Deliveries of EX90 SUV After Extended Delays
Volvo Cars has announced that it will begin delivering its highly anticipated EX90 SUV to customers before the end of this month, following a...
Volkswagen Faces Workforce Tension Over Proposed Factory Closures Amid Cost-Cutting Drive
Volkswagen’s management is preparing for a tense meeting with its workforce as it outlines plans for significant cost-cutting measures, including potential factory closures in...
Tesla Aggressively Cuts EV Prices in China, Surpassing BYD’s Reductions Amid Rising Market Competition
Tesla slashes EV prices in China, outdoing BYD's Han sedan cuts, as it navigates the world's largest EV market amid intense competition.
EU-China Trade Tensions: The Impact on European Auto Stocks and the German Automaker Dilemma
In recent events, the stocks of German automakers had a noticeable impact on Europe's auto index. The underlying cause was the mounting concerns about...
Tata Motors: Pioneering the Global Electric Vehicle Revolution
Tata Motors, the foremost electric car manufacturer in India, is spearheading a drive to test its electric vehicles (EVs) in select global markets. The...
