Automotive

Ford Raises Annual Guidance After Strong Quarter, Citing Robust Pricing and Resilient Demand

Ford lifted its full-year guidance after a second-quarter earnings beat, citing strong pricing and resilient demand. Shares rose about 4% on the news.

Yen Hits Three-Month High After Rare Joint US-Japan Currency Intervention

The yen strengthened to ¥155 against the dollar after Washington and Tokyo confirmed a rare joint currency intervention, though analysts question its stayi

Shein Proposes Cash Payouts and Extra Shares for Late-Stage Investors Ahead of Hong Kong IPO

Shein is proposing cash payouts and extra shares to late-stage investors to bridge a valuation gap ahead of its planned Hong Kong IPO.

Oil Prices Plunge as Trump Halts Iran Strikes to Pursue Peace Talks

Brent crude fell 5% and European stocks rallied after President Trump called off planned strikes on Iran to pursue Middle East peace negotiations.

Microsoft Set to Report Earnings as Investors Focus on Azure Growth and AI Spending

Microsoft is set to report quarterly earnings after the bell, with investors focused on Azure cloud growth and its plans for AI capital expenditure.

BYD Challenges U.S. Tariffs in Landmark Lawsuit, Seeking Entry for Electric Vehicles

Chinese EV maker BYD sues the U.S. government, challenging tariffs and seeking to open the American market to its electric vehicles.

Pony.ai and Toyota Accelerate Autonomous Future with Mass-Produced Robotaxis in China

Pony.ai and Toyota launch mass-produced robotaxis in China, featuring advanced autonomous driving technology and aiming for large-scale commercial deployment.

China’s EV Export Surge Reshapes Global Auto Market Amidst Western Concerns

Explore the surge in China's EV exports, its impact on the global auto market, and the concerns it raises in the West.

China Unveils New Rules to Regulate International Car Data Transfers, Paving Way for Tech Growth

China has released new rules on cross-border automotive data transfers, detailing requirements and exemptions to facilitate global collaboration while securing sensitive data. Tesla leads as the first foreign carmaker to comply, signaling expansion of autonomous driving in China.

Shanghai Offers Up to 20,000 Yuan in 2026 Car Trade-In Subsidies With Jan. 10, 2027 Cutoff

Shanghai published detailed 2026 trade-in and scrappage subsidy rules that can reach 20,000 yuan for eligible buyers. The policy sets vehicle-age thresholds, documentation requirements, and deadlines through early 2027.

China Bans Hidden Car Door Handles Starting Jan. 1, 2027, Citing Emergency Safety Risks

China will require mechanical interior and exterior door releases on passenger vehicles starting in 2027, accelerating design changes for models using retractable, flush handles. Automakers have until 2029 to update already-approved models.

China’s Dongfeng Eyes Turkish Production for Passenger Cars

Chinese automaker Dongfeng Motor is reportedly in discussions with an investor to establish passenger car production in Turkey. This move signals a growing trend...

Geely Auto Overtakes Volkswagen in China, Securing Second Place Amidst Shifting Market Dynamics

Geely Auto has experienced a significant surge in China's automotive market, surpassing Volkswagen and claiming the second position in sales. This shift underscores the...

Toyota Electrifies Iconic Hilux Pickup for European Market

Toyota has officially unveiled the all-electric version of its legendary Hilux pickup truck at the Brussels Motor Show. This marks a significant step for...

Automakers Slash Prices in China as Competition Intensifies and Sales Decline

Major automakers, including BMW and General Motors, are implementing significant price cuts on a wide range of vehicles in China. This aggressive strategy comes...

EU and China Inch Towards Resolution on Electric Vehicle Tariffs

The European Union and China have taken a significant step towards de-escalating their trade dispute over electric vehicles (EVs). The European Commission has released...

Volkswagen’s China Market Share Shrinks as Geely Auto Surges

Volkswagen has experienced a notable decline in sales within the crucial Chinese market, leading to a drop in its ranking as Geely Auto continues...

Xiaomi SU7 EV Gets Major Overhaul: Enhanced Range, Safety, and Performance Challenge Tesla

Xiaomi has officially opened pre-orders for a significantly upgraded version of its popular SU7 electric sedan. The refreshed model boasts notable improvements in range,...

Ford Offers Subprime Buyers Special Financing to Boost F-150 Sales

Ford Motor is ramping up efforts to drive sales of its flagship F-150 pickup truck before the close of the third quarter, launching a...

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