Tag: Automotive

Toyota Motor forecast a 21% profit decline for the current financial year Thursday, as the strain from U.S. President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong hybrid demand.

BMW (BMWG.DE), expects U.S. car tariffs to decline from July, based on its contacts with U.S. officials, a more upbeat assessment of the trade situation than many rivals and leading the German luxury automaker to confirm its 2025 outlook.

Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from President Donald Trump’s tariffs.

Core earnings rose 15% in the first quarter at luxury sports-car maker Ferrari on a richer product line-up and demand for personalisations, the company said on Tuesday, although it reiterated U.S. tariffs could hit profitability this year.

Ο Όμιλος ΜΟΤΟΔΥΝΑΜΙΚΗ συνέχισε την αναπτυξιακή του πορεία και το 2024, καταγράφοντας αύξηση πωλήσεων κατά 15,3% σε ετήσια βάση.

It’s been an interesting week for General Motors (GM)-3.62%. It has culminated with a guidance cut that sent shares higher early Thursday

German auto giant Volkswagen on Wednesday reported a substantial drop in first-quarter profit as the carmaker navigates the disruptive impact of U.S. tariffs on the global car industry.

General Motors beat Wall Street’s first-quarter expectations but is reassessing its 2025 financial guidance and suspending any additional stock buybacks amid expected cost increases and industry uncertainty regarding Donald Trump’s ongoing auto tariffs.

Tesla CEO Elon Musk began his company’s earnings call on Tuesday by saying that his time spent running President Donald Trump’s Department of Government Efficiency will drop “significantly” starting in May.

Ford Motor  stock was dropping as tariffs start to bite the car business.

Ferrari (RACE.MI),  has been preparing for years for electrification, starting with Formula One powertrains, as it nears the launch of its first fully electric (EV) model in October, Chairman John Elkann said on Wednesday.

Ανακοινώνεται από την «AUTOHELLAS» ότι σύμφωνα με την απόφαση της Τακτικής Γενικής Συνέλευσης των μετόχων της, την 8η Απριλίου 2025, το μέρισμα της χρήσης 2024 καθορίστηκε σε 0,85 ευρώ ανά μετοχή.

Toyota (7203.T), aims to have about 15 electric vehicle models developed on its own by 2027 and is targeting production of about 1 million cars a year by then, the Nikkei newspaper said on Sunday.

Σε στρατηγική συνεργασία προχωρούν METLEN και IVECO DEFENCE VEHICLES για τον Εκσυγχρονισμό του Στόλου Στρατιωτικών Οχημάτων των Ελληνικών Ενόπλων Δυνάμεων.

Aston Martin shares jumped after the company said it could raise 125 million pounds ($161.8 million) through an investment by Executive Chair Lawrence Stroll’s firm and a sale of its stake in the Formula One team that bears its name.

Οι πωλήσεις του Ομίλου της Πετρόπουλος ανήλθαν σε €239,5 εκ. αυξημένες από το 2023 κατά 12,1%, σύμφωνα με σχετική ανακοίνωση.

Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari.

The partnership demonstrates Alibaba’s increased focus on AI, while BMW is also seeking to develop competitive products for the Chinese market.

Donald Trump’s 25% auto tariff announcement late on Wednesday ripped across world stock markets overnight, but Wall Street futures held the line ahead of today’s bell as investors questioned just how much more tariff pain is coming next week.

Volkswagen Group is working with Valeo and Mobileye to upgrade the advanced driver assistance systems up to Level 2+ (“enhanced partially automated driving”) in its upcoming vehicle portfolio based on the MQB platform.