Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why the US auto industry is bracing for an EV winter
Electric vehicles are facing a perfect storm in the US — and it's threatening to throw the industry into a deep freeze. A nightmare combination of policy changes, tariffs, and supply chain upheavals has prompted automakers that once set…
Auto: The 7-seater EV that redefines 'base model' at ₹19.95 lakh
The XEV 9S is poised to disrupt the market, specifically with its entry-level variant called the 'Pack One Above', which offers a level of equipment rarely seen in base models, writes Rajesh Karkera/ Rediff.com. Mahindra has officially pulled the…
ClearShift Becomes the Only Automotive Dealership Recognized on the 2025 Inc. 5000 List of America's Fastest-Growing Private Companies
'Being included on the Inc. 5000 list—and as the only dealership represented—is a reflection of our incredible team, loyal customers, and our commitment to making car buying radically simple and honest,' said Jeff VanderWal, Founder…
How Smart Chips Are Rewiring the Car Market
The future of energy, transport, sustainability and more, as told by BNEF analysts. Each week, Dana Perkins sits down with BloombergNEF (BNEF) analysts to uncover the key findings and stories behind their latest research. The future of energy…
This Bengaluru man quits corporate job to drive auto, here's why
A Bengaluru man, Rakesh, who recently left his corporate career to drive an auto-rickshaw, has captured social media users' attention with his uplifting messages. In a video surrounding his new life, he shared that he has finally found his peace…
REE Automotive, Mitsubishi set to co-develop software-defined box trucks
Industry heavyweight Mitsubishi Fuso has signed a deal with electric van startup REE Automotive to co-develop software-defined and x-by-wire technology for the next-generation of medium-duty delivery vehicles. REE Automotive has been somewhat quiet…
What's Going On With Li Auto Stock Today? - Li Auto (NASDAQ:LI)
Li Auto Inc. (NASDAQ:) shares traded modestly higher in early Friday action as investors reacted to its push beyond vehicles into wearable AI. The company confirmed it will introduce its first artificial intelligence glasses, called Livis, on…
Don't buy an Android Auto head unit yet - your spare phone can handle it
Do you also stare at your car's aging touchscreen, dreaming of Google Maps, Spotify, and hands-free calling all integrated into one sleek system? If your car didn't come with Android Auto or Apple CarPlay, getting an aftermarket head unit is an…
Group 1 Automotive, Inc. $GPI Shares Purchased by Prudential Financial Inc.
Prudential Financial Inc. boosted its stake in Group 1 Automotive, Inc. (NYSE:GPI - Free Report) by 2.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,668 shares of…
Alcosta Capital Management Inc. Raises Stock Position in O'Reilly Automotive, Inc. $ORLY
Alcosta Capital Management Inc. boosted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,393.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 46,860 shares of the…
Advantage Alpha Capital Partners LP Decreases Position in Group 1 Automotive, Inc. $GPI
Advantage Alpha Capital Partners LP lessened its position in Group 1 Automotive, Inc. (NYSE:GPI - Free Report) by 21.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor…
Rivian Automotive (NASDAQ:RIVN) CEO Sells $263,669.50 in Stock
Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) CEO Robert Scaringe sold 17,450 shares of the firm's stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $15.11, for a total value of…
Clarkston Capital Partners LLC Raises Stock Position in O'Reilly Automotive, Inc. $ORLY
Clarkston Capital Partners LLC boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,792.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The…
Rivian Automotive (NASDAQ:RIVN) Stock Price Up 4.3% - Here's Why
Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report)'s share price rose 4.3% during mid-day trading on Friday. The company traded as high as $17.06 and last traded at $16.8760. Approximately 18,533,506 shares traded hands during mid-day trading…
Roundup: Germany sees modest labor market relief, but factory layoffs, weak demand drag on
BERLIN, Nov. 28 (Xinhua) -- Germany's labor market showed slight improvement in November after recent months of elevated unemployment, even as companies continued to plan job cuts. Europe's largest economy is seeing its sharpest job losses in key…
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