Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China's auto industry is unlikely to return to 'golden era', NIO CEO says
China's auto industry has likely moved past its 'golden era', NIO Chief Executive William Li said on Thursday, as a downturn in domestic car sales extended into May. SCROLL TO CONTINUE WITH CONTENT A rebound in the world's largest auto market has…
The 'Golden Era' Of The Chinese Auto Industry Is Probably Over According To One Of Its Biggest CEOs - The Autopian
Nio is one of the most interesting Chinese automakers, primarily because it's not a huge exporter of cars and seems content to serve its home market. If you want to understand the state of China's EV market, Nio is a good place to start, and the…
UVeye scales automated vehicle-inspection tech across global automotive markets
While most companies are heading into the defense-tech sphere, one Israeli company has made the opposite move and left to conquer the American car industry market. UVeye, the Israeli vehicle inspection technology company, was founded by two…
YouTube Premium's latest features include an auto-speed setting
AI-powered recommendations and more background playback options are on the way to YouTube. YouTube is adding some features for Premium members that it suggests will come in particularly useful for podcast fans. An auto-speed option is available on…
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0212 GMT – SATS's revenue growth could be offset by cost pressures amid the Middle East conflict…
Canada Pitches U.S. on Closer Ties in Autos, Aluminum - TT
Tractor-trailers entering Canada. (David Ryder/Bloomberg) Carney urged closer collaboration with the U.S. in aluminum, autos and critical minerals to strengthen North America's competitiveness amid global trade shifts. His pitch comes as the U.S.
More monthly auto loan payments are above $1,000, and most are not for luxury models
Experian Automotive's analysis of more than 5 million open auto loans and leases in the first quarter shows nearly 19% of new vehicle loans include a monthly payment of at least $1,000. Almost 74% of the auto loans requiring owners to pay $1,000 or…
From black to red: Li Auto records loss of 2.29bln yuan in Q1
Li Auto (2015) posted on Thursday that it swung to a net loss of 2.29 billion yuan (HK$2.65 billion) in the first quarter amid fierce market competition, compared to a net profit of 650.3 million yuan. SCROLL TO CONTINUE WITH CONTENT The Chinese…
Li Auto Suffers Loss as Hybrid Sales Slow, Shrinking Margins
swung to a quarterly loss as the Chinese carmaker discounted older hybrid models and ramped up its push into the competitive market for battery-powered electric vehicles. The Nasdaq-listed company has been struggling with slowing demand for the…
Kia's EV3 tops German auto test, sharpening edge in Europe
Kia's compact electric SUV EV3 has claimed the top spot in a closely watched comparison test by German automotive magazine Auto Zeitung, a victory that could sharpen the brand's edge in Europe's increasingly brutal electric vehicle (EV) market. The…
Android Auto just made switching media apps way less annoying
Andy Walker / Android Authority Android Auto is starting to roll out support for multiple swipeable media cards on the dashboard. The feature is now live in the latest beta version of Android Auto. It lets users cycle between active audio apps…
Upstart's Auto Loan Push Is the 1 Story That Could Change the AI Lending Thesis
The evidence is compelling that Upstart Holdings ' (UPST +4.66%) artificial intelligence-powered creditworthiness-scoring algorithm is superior to the more traditional evaluation protocols used by credit bureaus, including Equifax, TransUnion, and…
New York passes auto tort reforms
New York Governor Kathy Hochul on Wednesday signed into law auto insurance-related legal reforms aimed at reducing premiums in the state. The reforms were passed as part of the broader state budget. Among the reforms, the bill tightens the…
I tried the Android Auto redesign and more Gemini is good here [Video]
Ahead of IO, Google announced a number of key changes to Android Auto and the Built-in in-car entertainment system that powers many modern vehicles. Here's what it is like to use. While often quietly updated and enhanced, Android Auto has become a…
Android Auto finally makes switching between music apps much easier
Android Auto is rolling out a small but highly useful update that makes switching between media apps significantly less frustrating for drivers. The latest beta version of Android Auto now supports multiple swipeable media cards directly on the…
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