Tag: Automotive

Ferrari stock has gone nowhere fast over the past three months—and it looked set to carry on struggling for direction on Tuesday, even after the Italian supercar maker beat on earnings and raised its guidance.

Chinese electric vehicle maker BYD, opens new tab reported a smaller-than-expected 28% ‌increase in third-quarter profit on Thursday as intensifying competition at home spread to overseas markets.

Renault Group, opens new tab beat third-quarter revenue expectations on Thursday, boosting its shares ‌as higher sales of its popular electric models countered lower volumes and price pressure from Chinese competitors.

European car giant Stellantis reported a 4 billion euro ($4.5 billion) cash shortfall in the third quarter as it ploughed ahead with a $70 billion turnaround strategy to restore profitability.

Shares in Volvo Cars plunged as much as 30 per cent to a record low after the Swedish carmaker fell to a loss on collapsing sales in China, forcing it to cut another 2,500 jobs as well as warning of potential “additional actions”.

General Motors, the biggest customer of a US factory making rare earth magnets for electric vehicles, cancelled ‌its long-term supply deal with the manufacturer, and the two sides are in arbitration, according to regulatory documents and a person with knowledge of the situation.

Tesla reported better-than-expected third-quarter results after the bell on Wednesday, even as automotive revenue dropped. The stock slid more than 3% in extended trading.

Honda has not been quiet about its ambitions to hybridize much of its lineup, and now the automaker has given its efforts a new name: Honda Hybrid now covers the company’s next-generation technologies.

SpaceX jumped in premarket trading on Wednesday after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.

General Motors narrowed its 2026 earnings guidance and raised its free cash flow expectations after beating Wall Street’s third-quarter expectations. 

BMW reported on Tuesday a year-on-year 6.3% decline in global ​vehicle deliveries in the ‌third quarter, as sales in China fell by a quarter.

Volkswagen’s chief executive has called for greater co-operation between France and Germany to strengthen European competitiveness, saying it was not too late to respond to the threat posed by Chinese competitors. 

The company delivered 407,200 car units during the July-September period, according to a statement. Car sales in the U.S. increased 6% while European sales rose 5%.

Σε συμφωνία για την ενδεχόμενη πλήρη εξαγορά της επιχειρηματικής δραστηριότητας της Α. Ισμαήλος Α.Ε., εξουσιοδοτημένου διανομέα και επισκευαστή οχημάτων Mercedes-Benz στην Αττική, προχωρά η Πέτρος Πετρόπουλος Α.Ε.Β.Ε., διευρύνοντας την παρουσία της στη λιανική πώληση και το service αυτοκινήτων.

Stellantis is expected to produce around 450,000 vehicles in Italy this year, up from 2025 ​levels but below initial expectations, the FIM ‌Cisl union said on Tuesday in its quarterly report on the automaker’s output in the country.

Lucid Group reported a 6.7% decrease in year-over-year vehicle deliveries during the third quarter, after the embattled all-electric vehicle maker cut production to better align with slower customer demand.

Στις 18/09/2026, η Εταιρεία Main stream S.A., προέβη στην Αγορά συνολικά 675 ονομαστικών μετοχών της AUTOHELLAS A.T.E.E. αξίας Ευρώ 7.087,50€ και στις 21/09/2026 προέβη στην αγορά 2.763 ονομαστικών μετοχών της AUTOHELLAS A.T.E.E. αξίας Ευρώ 29.917,28.

Elon Musk’s EV Maker Is Investment Grade. Tesla investors recently got some good news from Fitch.

As Chinese automakers search Europe for production ​sites ahead of expected EU local content rules, BYD’s European adviser says he’s always running into ‌rivals’ executives in airport lounges on the same quest.

 Volvo Cars said on Thursday it will launch 13 new models between now and 2030 to double its market share as the Sweden-based automaker grapples with the fallout of U.S. tariffs and slumping sales in China. The company’s shares rose almost 2% following the announcement.