Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
A 'perfect storm' points to a much smaller U.S. auto market by 2040
Some auto forecasters predict the industry will be smaller and more competitive in the coming years. Bain and Company cites slowing population growth, changing consumer behavior and high prices as some of the reasons they're expecting automakers to…
Weekend Round-Up: Tesla Lawsuit, Airfare Predictions, Bezos Vs Musk, Auto Industry Warning And Xiaomi's N
The weekend was a whirlwind of news in the tech and auto industries. From a fresh lawsuit against Tesla Inc. to predictions about airfare prices, there was no shortage of headlines. Here's a quick recap of the top stories. The family of a Texas…
Grand Theft Auto VI fans rage over 'greedy' paywalls, $100 price tag for new game
Fans of Grand Theft Auto are fuming over the “greedy” pricing and paywalls set for the highly anticipated latest installment of the popular video game series. Rockstar Games, developers of “Grand Theft Auto VI,”…
Auto Refinancing Volume Doubles as Fed Cuts Rates
During the first quarter, the number reached about 111,000, according to the report, which cited data from Experian. The surge in refinancing has resulted from auto refinance rates falling faster than rates for vehicle purchases since the Federal…
New Report Says Car Market Will Have to Shrink Significantly by 2040
A new piece of analysis by Bain & Company, as reported by CNBC, paints a picture of a US car market contracting between now and 2024 as market forces make the auto biz uncomfortably competitive. Bain cites declining fertility as a cause, along with…
Niraj Bajaj charts a less cyclical, more global future for Bajaj Auto
In his FY2026 letter to shareholders, Chairman Niraj Bajaj lays out a vision for a less cyclical, more diversified and globally integrated Bajaj Auto. Rather than focusing solely on another year of record financial performance, the letter argues…
Here's what you want to see from Grand Theft Auto 6's radio stations: Phil Collins, conspiracy theory parodies, and… Gregorian chanting?
Grand Theft Auto 6 feels a little more real this week after Rockstar dropped over 60 new screenshots and opened the floodgates for pre-orders. My cynical feelings around its $100 Ultimate Edition aside, it's hard to not at least have one toe on the…
Auto ancillary sector revenue grew 12.5% in FY26 on volume gains, improved product mix: Elara Capital
In FY26, revenue for auto ancillaries grew 12.5 per cent year-on-year, led by healthy volume growth across segments and an improved product mix. According to a research report by Elara Capital, this top-line expansion was accompanied by a 13.3 per…
KAIST appoints Bae Choong-sik as new president
The Korea Advanced Institute of Science and Technology (KAIST) has appointed Bae Choong-sik, a professor in the mechanical engineering department, as its new president, ending a 16-month leadership vacuum at the country's top science institution…
The Difference Between An Old Car And An Obsolete Car
There have been many wonderful innovations and technological developments in the auto industry throughout the years. From the first car to give us disc brakes as standard, to Volvo providing the world with three-point seatbelts, the evolution of…
ABN AMRO Bank N.V. Acquires 1,689,008 Shares of O'Reilly Automotive, Inc. $ORLY
ABN AMRO Bank N.V. raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 3,228.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned…
Diamant Asset Management Inc. Increases Stock Position in Penske Automotive Group, Inc. $PAG
Diamant Asset Management Inc. boosted its position in shares of Penske Automotive Group, Inc. (NYSE:PAG - Free Report) by 14,852.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange…
Barclays Maintained an 'Overweight' rating on Lam Research Corporation (LRCX)
Lam Research Corporation (NASDAQ:LRCX) is one of the 10 Best Semiconductor Stocks to Buy According to Billionaires. On June 11, Barclays analyst Tom O'Malley raised his price target on Lam Research Corporation (NASDAQ:LRCX) to $335 from $275. The…
BofA is Bullish on Applied Materials, Inc. (AMAT)
Applied Materials, Inc. (NASDAQ:AMAT) is one of the 10 Best Semiconductor Stocks to Buy According to Billionaires. On June 23, BofA bumped up its price objective on Applied Materials, Inc. (NASDAQ:AMAT) to $720 from $540. The firm maintained a…
Coventry gigafactory may be downsized, CEO admits
A planned advanced manufacturing plant on the site of Coventry Airport may have to be downsized. Under the £2.5bn redevelopment plans, the site was set to include seven manufacturing facilities, creating 'a centre of excellence for battery…
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