Automotive Industry News

A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

bbc.co.uk - Alex Taylor - He created Grand Theft Auto. Now he's back with a novel about an AI that hijacks your mind
He created Grand Theft Auto. Now he's back with a novel about an AI that hijacks your mind
BBC

Dan Houser was one of the masterminds behind revolutionary video game series Grand Theft Auto. Now, after leaving Rockstar Games and launching his own company, he's released a debut novel about a very different type of game. A Better Paradise is a…

scmp.com - Associated Press - High-end car sales sink in China as cheaper brands trump European marques
High-end car sales sink in China as cheaper brands trump European marques
South China Morning Post

Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers like…

theconservativetreehouse.com - Chinese Auto Sales to Europe Expected to Top 700,000 Units Sold This year
Chinese Auto Sales to Europe Expected to Top 700,000 Units Sold This year
The Last Refuge

The geopolitical baseline for Europe is often determined by the economics of their situation. In 2024 approximately 408,000 cars from China were sold in Europe. For 2025 that number is now expected to exceed 700,000 units despite tariffs.

abcnews.go.com -  CHAN HO-HIM AP Business Writer - High-end car sales sink in China as its economy slows, taking a toll on European automakers
High-end car sales sink in China as its economy slows, taking a toll on European automakers
ABC News

HONG KONG -- Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort. That is bad news for European carmakers…

breitbart.com - Kurt Zindulka - EU to Abandon Ban on Internal Combustion Engine, Top Parliamentarian Claims
EU to Abandon Ban on Internal Combustion Engine, Top Parliamentarian Claims
Breitbart

In what looks set to be a significant blow to the green agenda, the European Union will scrap its planned ban on the combustion engine, Manfred Weber, a leading lawmaker in Brussels, has claimed. Following significant pushback from countries with…

businessinsider.com - Lloyd Lee - I asked 2 Rivian execs why an adventure-brand EV needs AI and self-driving. To them, they're logical next steps.
I asked 2 Rivian execs why an adventure-brand EV needs AI and self-driving. To them, they're logical next steps.
Business Insider

If there were a Venn diagram of a driver who wants an adventure-focused car with off-roading capability on one side and a driver who wants a software-centric, computer-first car that could drive itself on the other, would there be a lot of overlap…

arkansasonline.com - Summer Ballentine The Detroit News (TNS) - Late car payments hit 18-year high | Arkansas Democrat Gazette
Late car payments hit 18-year high | Arkansas Democrat Gazette
Arkansas Online

The rise in late auto loan payments is a symptom of an increasingly unaffordable vehicle market, experts say. Households with the lowest incomes are suffering the most. Auto loan debt is not yet at a crisis point, according to analysts. But…

marketbeat.com - Top Automotive Stocks To Follow Today - December 12th
Top Automotive Stocks To Follow Today - December 12th
MarketBeat

Rivian's Chart Says Go, But Some Analysts Still Say No Rivian Automotive, Monolithic Power Systems, and AutoZone are the three Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly…

telegraph.co.uk - Telegraph View - Kemi is right to scrap petrol car ban
Kemi is right to scrap petrol car ban
The Telegraph

Kemi Badenoch's pledge to scrap the Zero Emission Vehicle mandate is most welcome, and shows that the Tory leader is serious in her drive to reboot her party and abandon her predecessors' most grievous errors. Britain's current policy is to ban the…

marketbeat.com - Rivian Automotive (NASDAQ:RIVN) Shares Up 12.1% Following Analyst Upgrade
Rivian Automotive (NASDAQ:RIVN) Shares Up 12.1% Following Analyst Upgrade
MarketBeat

Shares of Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report) rose 12.1% on Friday after The Goldman Sachs Group raised their price target on the stock from $13.00 to $16.00. The Goldman Sachs Group currently has a neutral rating on the stock.

dailymail.co.uk - Shannon McGuigan - Kemi Badenoch confirms Tories would scrap petrol and diesel cars ban
Kemi Badenoch confirms Tories would scrap petrol and diesel cars ban
Mail Online

Kemi Badenoch has confirmed the Conservatives would scrap the 2030 ban on the sale of petrol and diesel cars if they win the next general election. The leader of the opposition vowed to bring an end to Labour's push for electric vehicles…

marketbeat.com - Rivian Automotive (NASDAQ:RIVN) Given New $16.00 Price Target at The Goldman Sachs Group
Rivian Automotive (NASDAQ:RIVN) Given New $16.00 Price Target at The Goldman Sachs Group
MarketBeat

Rivian Automotive (NASDAQ:RIVN - Get Free Report) had its price target lifted by research analysts at The Goldman Sachs Group from $13.00 to $16.00 in a note issued to investors on Friday, Benzinga reports. The brokerage presently has a 'neutral'…

marketbeat.com - Group 1 Automotive, Inc. $GPI Shares Bought by Eventide Asset Management LLC
Group 1 Automotive, Inc. $GPI Shares Bought by Eventide Asset Management LLC
MarketBeat

Eventide Asset Management LLC boosted its holdings in shares of Group 1 Automotive, Inc. (NYSE:GPI - Free Report) by 70.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The…

marketbeat.com - Rivian Automotive (NASDAQ:RIVN) Reaches New 52-Week High Following Analyst Upgrade
Rivian Automotive (NASDAQ:RIVN) Reaches New 52-Week High Following Analyst Upgrade
MarketBeat

Rivian Automotive, Inc. (NASDAQ:RIVN - Get Free Report)'s stock price reached a new 52-week high on Friday after Needham & Company LLC raised their price target on the stock from $14.00 to $23.00. Needham & Company LLC currently has a buy rating on…

marketbeat.com - Transamerica Financial Advisors LLC Boosts Position in O'Reilly Automotive, Inc. $ORLY
Transamerica Financial Advisors LLC Boosts Position in O'Reilly Automotive, Inc. $ORLY
MarketBeat

Transamerica Financial Advisors LLC raised its holdings in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,337.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities &…

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