Tag: Automotive

Tesla stock dropped early on Monday after CEO Elon Musk joined those concerned about humanity’s ability to control AI.

Ο Όμιλος Autohellas ανακοινώνει τα οικονομικά αποτελέσματα του τρίτου τριμήνου του 2025, με τον Κύκλο Εργασιών να ανέρχεται σε €286,5 εκατ. Το EBITDA διαμορφώθηκε στα €103,3 εκατ. για το τρίμηνο με αύξηση 4,4%, ενώ τα Κέρδη μετά από φόρους (ΕΑΤ) έφτασαν τα €40,1 εκατ. με αύξηση 2,9%.

Volkswagen AG is considering selling Italian motorcycle brand Ducati as part of a broad review of its business holdings, Bloomberg reported on Tuesday, citing an interview with Audi Chief Executive Gernot Döllner.

Η σχεδιαζόμενη Εξαγορά εντάσσεται στην στρατηγική επέκτασης της Εταιρείας στον τομέα της λιανικής εμπορίας και παροχής υπηρεσιών συντήρησης (service) οχημάτων Jaguar Land Rover, των οποίων η Εταιρεία είναι ο επίσημος εξουσιοδοτημένος εισαγωγέας τους στην Ελλάδα.

Chinese electric vehicle maker BYD, expects overseas shipments to exceed 2.5 million vehicles in 2027, two major ​brokerages said on Tuesday, citing a group meeting ‌with company management.

Britain’s Jaguar Land Rover said on ‌Monday it would cut nearly 10% of its workforce through voluntary redundancies over the next two years, as the car industry faces heightened pressures including from Chinese competition and tariffs.

Volkswagen ​shares hit an 11-week high after the supervisory board of Europe’s largest automaker late on Thursday struck an ambitious turnaround ‌agreement that put the focus on sweeping job cuts and averted a clash between major stakeholders.

Chinese electric vehicle manufacturer Li Auto will put 2.65 billion yuan ($394.89 million) into Sunwoda Power Technology, a subsidiary of battery producer Sunwoda Electronic, according to a stock exchange filing released today.

Chinese electric-vehicle maker NIO  reported a narrower quarterly loss, thanks to robust deliveries and its premium positioning, and signaled that momentum was building despite a tepid start to the third quarter.

Nissan Motor Co. and Honda Motor Co. have signed a joint development agreement to standardize electronic control units (ECUs) and software for their next-generation software-defined vehicles (SDVs), according to a statement released Aug. 31, 2026.

BYD’s profits rose for the first time in five quarters with its recovery driven by booming sales in international markets despite a sharp slowdown in China.

Volkswagen CEO ​Oliver Blume faces fresh opposition to his restructuring plan at the carmaker’s supervisory board meeting next week, with two rival ‌proposals submitted by labour and state government stakeholders, sources told Reuters on Tuesday.

Hyundai Motor said on Wednesday it would launch or ​refresh more than 100 vehicles globally by 2030 and expand its U.S. hybrid lineup, as the South Korean automaker seeks to lift its operating profit margin ‌above 9%.

Tesla on ​Tuesday raised prices for two variants of its ‌Cybertruck pickup trucks by $5,000 in the United States.

XPeng shares slipped in U.S. premarket trading Monday after the Chinese EV maker reported second-quarter results that missed analyst expectations on both revenue and earnings. Alongside the latest results, the company also disclosed a major new funding round for its robotics business.

Tesla Inc. and at least eight other carmakers are recalling millions of vehicles in China over safety concerns with their door handles, a major step to address a problem of vehicle entrapment that has had deadly consequences.

Shares of Advance Auto Parts tumbled Thursday after the auto-parts retailer reported that same-store sales decreased in the second quarter as consumers cut back on spending.

Mπορεί το κυκλοφοριακό να αποτελεί για τους κατοίκους της πρωτεύουσας ένα από τα πλέον σημαντικά προβλήματα της καθημερινότητας, αυτό όμως δεν σημαίνει ότι ξαφνικά οι Ελληνες άρχισαν να αγοράζουν πολλά αυτοκίνητα.

Nissan Motor reported first-quarter operating profit of ¥79.9 billion with an operating margin of 2.6%, marking a return to profitability for the Japanese automaker. The market had expected results near breakeven levels.

Rivian Automotive just reported what could be considered its most important quarter ever. It went well enough to lift the stock, at least for now.