Tag: Automotive

Auto-parts retailer sticks to its previous profit forecast, which didn’t include tariffs, even though its sources products from Mexico, China and Canada

Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations.

Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on hybrids, now far more in favour, with a slew of revamped models.

Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each and increase the size of the company’s Hong Kong listing, according to two sources with direct knowledge of the matter, raising about $4.6 billion.

One of Pony.ai’s robotaxis caught fire for the first time on Tuesday, with no people harmed in the incident, the U.S.-listed Chinese startup told CNBC.

Japanese auto giant Honda missed fiscal fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing for the full impact of U.S. tariffs.

Τρία νέα πρότζεκτς με στόχο την επέκταση της δραστηριότητας της Μοτοδυναμική παρουσίασε χθες κατά την ενημέρωση των αναλυτών ο Πρόεδρος και διευθύνων σύμβουλος της εισηγμένης κ. Πάρης Κυριακόπουλος.

Nissan Motor will additionally slash more than 10,000 jobs globally, bringing the total cuts including previously announced layoffs to about 20,000 or 15% of its workforce, Japan’s public broadcaster NHK reported on Monday.

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.