Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
O'Reilly Automotive Inc. stock outperforms competitors despite losses on the day
Shares of O'Reilly Automotive Inc. ORLY slid 2.75% to $96.67 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.29% to 7,230.12 and the Dow Jones Industrial Average DJIA…
Lear 1Q Profit, Revenue Rise Despite Lower Auto Output
The autoparts maker on Friday posted a higher net income of $172.3 million, or $3.34 a share, compared with $80.7 million, or $1.49 a share, in the same quarter a year ago. Adjusted earnings were $3.87 a share. According to FactSet, analysts were…
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. 0648 GMT – Geely Automobile could maintain resilient margins despite rising raw-material costs…
Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants
A global base oils shortage is starting to filter through to drivers of luxury vehicles as the Iran war drags on. Supercars engines rely on base oils because they can withstand extreme heat, high revs and intense pressure. 'Stocks are going to run…
WATCH: Trump says he raised tariffs on autos from EU to 25%
Trump and European Commission President Ursula von der Leyen had agreed to the trade deal last July. It set a tariff ceiling of 15% on most goods, though the Supreme Court this year ruled against the legal authority that Trump had used to charge…
Trump: Still Looking at Spirit Air, Hikes EU Auto Tariffs to 25%
Bloomberg News Now • Browse all episodes Listen for the latest from Bloomberg News…
Trump's tariffs on EU autos show US to be unreliable, says EU trade chair
BRUSSELS — U.S. President Donald Trump's announcement to increase tariffs on cars from the EU shows that the U.S. is an unreliable trading partner, EU parliament's trade committee chair Bernd Lange said on Friday. 'This latest move…
UK Volvo drivers get Gemini at last - as part of their Android Automotive experience
Volvo has confirmed the roll-out of the Gemini update for its Android Automotive cars. The update will come to models built from 2020 on, allowing for more natural conversations with Google's AI voice assistant. Volvo has confirmed that it has…
Marathi mandate for auto, taxi drivers is bad politics, bad economics
Days after announcing its ill-conceived decision to make basic Marathi-language proficiency mandatory for all auto and taxi drivers from May 1, the Maharashtra government extended the deadline to August 15. The move is a minor concession, coming…
Go Auto Acquires Lone Star Mercedes-Benz, Marking First Mercedes-Benz Store in Canada
CALGARY, AB, May 1, 2026 /CNW/ - Go Auto is proud to announce the acquisition of Lone Star Mercedes-Benz in Calgary, AB, which will now operate as Mercedes-Benz South Calgary. This milestone represents Go Auto's first Mercedes-Benz dealership in…
Trump says he will raise tariffs on EU autos to 25%
WASHINGTON - US President Donald Trump said on May 1 he would increase tariffs on cars and trucks from the European Union to 25 per cent, saying the bloc had not complied with its trade deal with Washington. 'Based on the fact the European Union is…
Trump says he'll hike EU auto tariffs to 25%, jolting a world economy that really didn't need it
President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment. Trump said in a social media post that the EU…
Trump threatens new EU auto taxes that could drive up prices
(The Center Square) – President Donald Trump threatened to raise tariffs on European Union cars and trucks to 25%, accusing the EU of violating a trade agreement the bloc says lost its legal foundation after the U.S. Supreme Court struck…
Android Auto app widgets mirror mobile setup, leak shows as release nears
After appearing in previous leaks, Android Auto's widget selection is resurfacing as launch approaches. Gemini is the latest change to Android Auto, even if it's been received with some friction. Google is working on other changes to round out the…
Penske Automotive Group Q1 Earnings Call Highlights
3 Stocks Generating a Ridiculous Amount of Cash Penske Automotive Group NYSE: PAG reported what Chairman and CEO Roger Penske called a “solid and productive” first quarter of 2026, as the dealership group navigated difficult…
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