Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Honda warns 50% Canada auto tariffs would be catastrophic for auto industry
Honda executive Jennifer Thomas said a planned Jan. 1 increase to tariffs on Canadian vehicles and parts would be “catastrophic” for the auto industry. President Donald Trump has threatened to double tariffs on Canadian vehicles and…
NXP Semiconductors Profit Jumps on Automotive, Industrial Growth
reported higher third-quarter profit as revenue in its automotive and industrial segments picked up. The company posted net income of $899 million, up from $646 million the year prior. On a per-share basis, earnings attributable to stockholders…
O'Reilly Automotive Inc. stock outperforms competitors despite losses on the day
Shares of O'Reilly Automotive Inc. ORLY shed 1.35% to $89.82 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.60% to 7,722.60 and the Dow Jones Industrial Average DJIA…
Re:Build, which spun out Slate Auto, raises $2.1B
Re:Build, the Massachusetts-based manufacturing accelerator that spun out EV startup Slate Auto in 2023, has raised $2.1 billion The company said Tuesday that it will use the funding to “expand Re:Build's capacity to manufacture hard tech…
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. 1307 GMT – Rail freight arriving in Canada from the U.S. continues to rise. Freight traffic from…
Indiana announces new program to support small to medium auto manufacturing businesses
INDIANAPOLIS — Gov. Mike Braun announced Tuesday the state is launching a new program aimed at meeting demand for hybrid, electric and hydrogen powered cars. The program is called Automotive Diversification and Production Transition, or…
Asbury Automotive (ABG) Q3 2026 Earnings Call Transcript
Vice President, Finance and Treasurer - Chris Reeves President and Chief Executive Officer - Daniel Clara Senior Vice President and Chief Financial Officer - Michael D. Welch Total Revenue -- $4.4 billion, reflecting an 8% decrease driven primarily…
Mercedes Slashes Outlook As China Demand Hits Wall; Europe's Auto Profit Warnings Pile Up
Mercedes-Benz Group AG became the latest European automaker to slash its profit outlook as deteriorating demand in China and rising input costs squeeze margins. Shares tumbled in European trading this morning as the auto industry as a whole…
Advance Auto Parts vs. Chewy: Gradual Growth vs. Stagnation
Advance Auto Parts (AAP -1.57%) operates an extensive retail network that supplies replacement parts, automotive accessories, batteries, and essential maintenance items to both professional mechanics and individual consumers across North America.
Advance Auto Parts vs. Booking Holdings: Flat Against Volatile Revenue
Advance Auto Parts (AAP -1.65%) primarily generates revenue by selling a wide array of automotive replacement components, batteries, fluids, and routine maintenance accessories to both professional mechanics and individual do-it-yourself consumers…
Advance Auto Parts vs. Airbnb: Diverging Paths in Revenue Flash a Warning for Investors
Advance Auto Parts (AAP -1.65%) operates as a major retailer supplying automotive replacement parts, accessories, and maintenance fluids. It recently completed a multi-year consolidation of its distribution network down to 15 active facilities…
Man convicted of 2017 Colorado Springs auto shop murder seeks retrial
A Colorado Springs man serving life for murder alleges that officials fabricated a statement that implicated him and misled jurors about digital forensic evidence in the case. Held inside an El Paso County district courtroom, defense attorneys for…
Rockstar will hold union vote right on top of Grand Theft Auto 6 release
Rockstar employees will hold a vote on union recognition over a two-week span in November that will perfectly bracket the studio's launch of the console version of Grand Theft Auto 6. If the vote carries in favor of the union, the IWGB Rockstar…
CNBC Select Insurance Pro: When should you drop comprehensive and collision auto insurance? Here's what you need to know
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
Automotive Stocks To Watch Now - October 27th
3 Lesser-Known Quantum Plays the Market May Be Overlooking Right Now Keysight Technologies, Illinois Tool Works, Monolithic Power Systems, Rivian Automotive, O'Reilly Automotive, AutoZone, and Asbury Automotive Group are the seven Automotive stocks…
Receive a Daily briefing on Automotive Industry News
Get Started