Tag: Automotive

Autohellas: Υψηλότερα ο Κύκλος Εργασιών και τα Κέρδη μετά Φόρων στο 2ο τρίμηνο 2025

Ο Όμιλος Autohellas ανακοινώνει τα αποτελέσματα του 2ου τριμήνου του 2025, με τον ενοποιημένο Κύκλο Εργασιών να ανέρχεται σε €285,8 εκατ. παρουσιάζοντας αύξηση 11,6%.

Ford recalls nearly 500,000 vehicles over brake fluid leak

Ford Motor is recalling nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the National Highway Traffic Safety Administration said on Thursday.

Mercedes-Benz Pension Trust to sell its 3.8% stake in Nissan Motor

The pension trust of Mercedes-Benz will sell off its roughly $346 million shareholding, a 3.8% stake, in Nissan Motor, a spokesperson for the German carmaker said on Monday, adding to pressure on the Japanese automaker’s share price.

Hertz stock surges after Amazon Autos partnership report

Hertz Global Holdings (NASDAQ:HTZ) stock surged 12% Wednesday morning while Carvana (NYSE:CVNA) shares fell 5.5% following news that Hertz will begin selling its pre-owned vehicles through Amazon’s (NASDAQ:AMZN) online auto marketplace.

Πετρόπουλος: Αύξηση 7,6% στις πωλήσεις εξαμήνου, στα 117,78 εκατ. ευρώ

Τα κέρδη μετά τους φόρους ανήλθαν σε €3,88 εκατ. έναντι €3,49 εκατ. στις 30.6.2024. Στα 35,8 εκατ. ευρώ ο τραπεζικός δανεισμός.

Ford raises projected tariff hit to results, shares drop 3%

Ford Motor (F.N), said on Wednesday that U.S. tariffs on imported vehicles, as well as on steel and aluminum, will likely cost more than expected for the year, and the automaker’s shares slid about 3% in after-market trading.

Iveco shares drop 6% after sales to India’s Tata, Leonardo

Shares in Iveco (IVG.MI), dropped as much as 6% on the Milan bourse in early market trade after the Italian truck maker sold its defence business to Leonardo (LDOF.MI), and the rest of the company to India’s Tata Motors (TAMO.NS).

Θετική τροχιά για τη Μοτοδυναμική στο α’ εξάμηνο του 2025

Με ισχυρή αύξηση 12,7% στον κύκλο εργασιών και συνολικές πωλήσεις που άγγιξαν τα 97 εκατ. ευρώ, ολοκλήρωσε η Μοτοδυναμική το πρώτο εξάμηνο του 2025.

Stellantis warns of $1.7 billion US tariff impact in 2025

Stellantis (STLAM.MI), said on Tuesday it faced greater headwinds this year including a 1.5-billion-euro impact from U.S. tariffs for 2025, with operating income in the second half set to be in the low-single digits following a tough first half.

Volkswagen cuts 2025 guidance after $1.5 billion tariff hit in first-half

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit margin forecasts in the German carmaker’s first assessment of the damage from U.S. President Donald Trump’s trade war.

General Motors absorbs $1.1 billion in tariff costs as profit tops estimates

General Motors Co. on Tuesday reported adjusted second-quarter profit that rose above expectations, even as it faced $1.1 billion in tariff costs.

Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite

Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its preliminary figures.

Sweden’s Volvo Cars shakes up plans in the U.S. as tariffs bite

Shares of Sweden-based automaker Volvo Cars rose as much as 10% on Thursday as the company’s second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline.

Renault shares plunge 17% after French carmaker lowers guidance, appoints new interim CEO

Shares of French carmaker Renault plunged as much as 17% on Wednesday after the company lowered its 2025 guidance and announced the appointment of a new interim chief executive officer.

Mercedes-Benz Q2 sales fall 9% impacted by tariffs

German carmaker Mercedes-Benz (OTC:MBGAF) said on Monday its second-quarter unit sales of cars and vans fell 9%, citing the impact of tariffs.

Lucid Posts Record Deliveries. The EV Maker Is Having a Big Year.

Wednesday evening, the Lucid reported second-quarter sales of 3,309 vehicles, up 38% year over year, a record for any quarter. For the first half of the year, Lucid deliveries totaled 6,418, up almost 50%.

QuantumScape Shares Climb on Breakthrough in Battery Production

Shares of QuantumScape soared after the company said it made a big leap forward in its process for making solid-state batteries. The stock was up 21% at $5.23 after hours. The stock closed the down 17% year-to-date through Tuesday.

Ford recalls 133,000 Lincoln Aviators over risk of detaching parts

Ford is recalling 132,914 Aviator SUVs in the United States because parts, including rear door window bars, may detach due to insufficient adhesive retention, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday.

CarMax stock climbs on Q1 profit and revenue beat

CarMax Inc. shares are up 9.7% in premarket trading on Friday after the used-car retailer’s first-quarter profit topped Wall Street’s estimates, boosted by better-than-expected sales. CarMax’s profit of $1.38 a share beat the FactSet consensus estimate of $1.16 a share. Revenue rose to $7.55 billion from $7.11 billion and beat the analyst estimate of $7.51 billion.

Stellantis asks for thousands of Citroen cars with faulty airbags to be removed from roads

Stellantis has asked for 82,000 Citroen C3 and DS3 vehicles in France with faulty Takata airbags to be removed from roads, a company spokesperson said on Thursday, one week after a woman in Reims died from injuries sustained by one of the airbags in a 2014 Citroen C3.