Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Auto Software Recalls Approach Record For 6th Straight Year
Cars are returning to dealerships in record numbers to have software fixes injected into vehicles given a sixth-straight year of a record number of software recalls and little momentum on over-the-air updates. (photo: Gary Coronado) Los Angeles…
Auto & Transport Roundup: Market Talk
1728 GMT – The new-vehicle sales pace is expected to finish near 15.7 million in November, down from last year's 16.5 million level, Cox Automotive says. November sales volume is expected to fall to 1.27 million, down 1% from October and…
O'Reilly Automotive Inc. stock underperforms Tuesday when compared to competitors despite daily gains
Shares of O'Reilly Automotive Inc. ORLY rallied 2.40% to $101.38 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.91% to 6,765.88 and the Dow Jones Industrial Average…
Hertz's controversy and the future of automotive inspections
This audio is auto-generated. Please let us know if you have feedback. Brad Kokesh is president and COO of TraXtion. All opinions are the author's own. The recent controversy surrounding Hertz, where customers have been charged hundreds of dollars…
Exclusive | Senate Committee to Challenge Auto-Safety Mandates That Hurt 'Affordability'
Lawmakers will take aim at vehicle-safety mandates in a coming Senate hearing, targeting a swath of auto-industry regulations once considered too sacrosanct to attack. Senate Republicans in January plan to criticize requirements for safety…
Li Auto Adds to Gloomy China EV Outlook With Revenue Miss
Li Auto Inc. 's fourth-quarter forecasts fell short of expectations, adding to investor concerns about its ability to navigate China's fiercely competitive electric vehicle market. The Chinese carmaker expects revenue for the period to range…
Michelle Hulgrave Implements A Sell Strategy: Offloads $336K In Penske Automotive Group Stock - Penske Automotive Group (NYSE:PAG)
Making a noteworthy insider sell on November 25, Michelle Hulgrave, EVP & CFO at Penske Automotive Group (NYSE:), is reported in the latest SEC filing. What Happened: Hulgrave opted to sell 2,100 shares of Penske Automotive Group, according to a…
Rockstar Is Hiring For A Script Coordinator (Is This For Grand Theft Auto 6?)
Rockstar has added a somewhat mysterious new job opening on their careers page. Detective Seeds found this opening, and we have corroborated it on Rockstar's website. Here's what the job opening says: Rockstar is looking for a temporary Script…
Li Auto outlines Q4 delivery target of up to 110,000 vehicles while returning to entrepreneurial management model (OTCMKTS:LAAOF)
Earnings Call Insights: Li Auto Inc. (LI) Q3 2025 Xiang Li, Founder, Executive Chairman & CEO, highlighted a major organizational shift stating, 'starting from Q4 this year, I and my founding team will firmly revert back to the entrepreneurial…
Why Is Li Auto Stock Falling Wednesday? - Li Auto (NASDAQ:LI)
Li Auto Inc. (NASDAQ:) stock fell on Wednesday after the Chinese EV maker reported a steep decline in fiscal third-quarter 2025 results, weighed by lower deliveries, margin compression, and costs tied to a major vehicle recall. Quarterly revenue…
Škoda Auto India and BBH India unveil 'Mind Drive' hypnosis experience inspired by Octavia RS
‘Mind Drive' originates from a moment when Škoda enthusiasts were unable to reserve the Octavia RS, which sold out within 20 minutes of its launch. Turning this into an opportunity, Škoda Auto India and BBH India invited fans to…
Government leaves basic economic assessment unchanged in November
The government left its basic view on the domestic economy unchanged for the second consecutive month, in a monthly report released Wednesday. In its report for November, the Cabinet Office said, 'The Japanese economy is recovering at a moderate…
Farmers Insurance Seeks 6.99% Rate Hike, Offers 22% Discount for California Customers Bundling Home and Auto Policies
California's second-largest home insurer, Farmers Insurance, has requested approval from the state's Department of Insurance for a 6.99% rate hike on homeowner policies across the state. The move comes amidst ongoing efforts to address California's…
Automotive aftermarket platform myTVS to commence Dubai operations in 30-60 days
Chennai -based myTVS, a digital automotive aftermarket platform, is taking the Indian model overseas with its operations in Dubai set to commence in the next 30-60 days, said G Srinivasa Raghavan, Managing Director, myTVS. “From Dubai, we…
Abrupt Exit of GM's AI Chief Latest in Tough Times for Automakers
Artificial Intelligence has been a buzzword in the auto industry, not just as a solution for ever-increasing costs in developing new electric vehicles, but also to speed up development times, reduce the number of prototypes developed, and make…
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