Tag: Automotive

The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry.

Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all electric vehicle investments, the company announced Monday.

Elliott Investment Management has lifted its stake in Toyota Industries (6201.T), to 5.01%, further increasing pressure on automotive giant Toyota Motor (7203.T), which plans to buy out the forklift manufacturer, a key group firm.

CATL  and Stellantis’, joint venture is yet to decide how many workers will come from China to construct its battery plant in Spain, the JV’s chief executive told reporters on Wednesday, after reports that the firm would bring up to 2,000.

Tesla (TSLA.O), CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.

 Ο Όμιλος Autohellas ανακοίνωσε τα οικονομικά αποτελέσματα του τρίτου τριμήνου του 2025, με τον Κύκλο Εργασιών να ανέρχεται σε €286,5 εκατ.

Toyota Motor on Wednesday raised the operating profit forecast for its financial year ending in March, while flagging a 1.45 trillion yen hit from U.S. tariffs.

Ferrari topped Wall Street’s earnings and revenue targets on Tuesday, as the Italian supercar maker bids to drum up some enthusiasm from investors following an electric-vehicle reveal that didn’t go to plan.

Η Μοτοδυναμική κατέγραψε ισχυρές επιδόσεις στο εννεάμηνο του 2025, με κύκλο εργασιών €161,4 εκατ., αυξημένο κατά 11,7% σε ετήσια βάση σύμφωνα με τα οικονομικά αποτελέσματα που ανακοίνωσε.

An expensive course correction at subsidiary Porsche (P911_p.DE), dealt Volkswagen a hefty blow in the third quarter, resulting in a 1.3-billion-euro ($1.5 billion) operating loss and piling billions more in costs on top of pressure from U.S. tariffs.

Japanese automaker Mazda has teamed up with its joint venture with China’s Changan to pool carbon credits and help avoid carbon emissions fines, an EU document showed.

Shareholders must vote to pay Tesla CEO Elon Musk almost $1 trillion, or he might not stay, Board Chair Robyn Denholm warned in a letter Monday.

Ford Motor delivered another strong quarter amid a bevy of industry headwinds ranging from federal policies to supplier fires. The stock is rising.

General Motors (GM.N), lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the U.S. while confronting a weakening market for electric vehicles.

Stellantis STLA is investing in the U.S. Investors are happy.

Luxury sports-car maker Ferrari on Thursday raised its annual guidance and said it expected to reach revenue of around 9 billion euros ($10.5 billion) in 2030.

Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest efforts to protect the domestic steel market could threaten the region’s auto sector.

Mercedes-Benz (MBGn.DE), reported declining sales for the third quarter on Tuesday, as U.S. import duties and intensifying competition in China dented the German luxury carmaker’s deliveries.

Shares of Aston Martin fell as much as 10% on Monday morning after the British luxury carmaker issued a fresh profit warning, citing a challenging industry outlook and uncertainties over tariffs.

U.S. President Donald Trump on Thursday unveiled sweeping new import tariffs, including 100% duties on branded drugs and 25% levies on heavy-duty trucks, set to come into force next week.