Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How the Detroit Auto Show became a global destination | America at 250
The Detroit Auto Show has spent more than a century evolving alongside the auto industry. It has grown from a small, local exhibition into one of the world's premier automotive events. The show started in 1907 at a beer garden near the Belle Isle…
Tesla: AI Ambitions Can't Yet Offset Automotive Weakness (NASDAQ:TSLA)
Although Tesla delivered double-digit Q1 FY26 automotive growth, the broader demand environment remains soft, expecting to temper topline growth through FY26. Profitability might also remain below historical levels over the coming quarter due to…
EV start-ups seek five changes in Auto PLI as Heavy Industries Minister Kumaraswamy reviews suggestions
Having collectively invested an estimated ₹20,000-25,000 crore to build India's electric mobility ecosystem, Founders of EV startups who met Heavy Industries Minister H.D. Kumaraswamy on Saturday in Bemgaluru to request him to widen the…
Why Did General Motors (GM) Just Partner With Micron?
General Motors Co (NYSE: GM) is one of the Top 10 Extreme Value Stocks To Buy Now. On July 1, General Motors Co (NYSE:GM) and Micron Technology announced a Strategic Customer Agreement to secure a long-term supply of memory and storage products.
Fire officials investigating cause of four-alarm blaze at Baltimore warehouse
The Baltimore Fire Department is investigating a four-alarm blaze that sparked at an auto paint warehouse on Saturday night. Units say they were dispatched to the 1631 block of Filbert Street for reports of a fire at 8:00 p.m. When they arrived…
Kepler Cheuvreux Suisse SA Reduces Stock Holdings in O'Reilly Automotive, Inc. $ORLY
Kepler Cheuvreux Suisse SA lessened its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 52.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,493…
Artisan Partners Asset Management: Limited Downside (NYSE:APAM)
Artisan Partners Asset Management is rated BUY, trading at a 19% discount to the financial sector and 20% below its five-year average P/E. APAM's AUM remains stable at $186bn, but equity outflows offset market gains; diversification into credit…
Kevin O' Leary Says Elon Musk Has No Problem Walking Away From You Mid Conversation If He's Bored - 'I've Never Met Anybody Like Him'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Some people check their phone when a conversation drags. Elon Musk, according to Kevin O'Leary, may simply leave. The investor and 'Shark Tank'…
Tesla's price hike sparks call for regulatory framework
Tesla Korea's decision to raise electric vehicle (EV) prices shortly after qualifying for the government subsidy program has sparked calls for tougher safeguards to prevent automakers from exploiting public incentives and undermining their intended…
Red Sea Blockage Fears: Cargo Ship Attacked Off Southwest Yemen
A Red Sea disruption would be terrible timing for global shipping and energy markets, coming just as vessel traffic through the Strait of Hormuz has started to normalize in recent weeks. An overnight report that a cargo ship was attacked by 'armed…
BMW Puts Next-Gen Humanoid Robots To Work On Factory Floors In South Carolina
Before humanoid robots enter the modern battlefield alongside ground bots and low-cost suicide drones, these bipedal robots are first being unleashed on factory floors and inside warehouses, where the physical world of AI is beginning to take…
Numbers Don't Lie: Ferrari Is Still a Unicorn and Still a Big Buy Despite Luce Backlash
It was always going to be a groundbreaking moment when Ferrari (RACE +2.85%) unveiled the Luce, its first-ever full electric vehicle. Ferrari pushed the boundaries a bit too far for some people, and the internet was ablaze after the May launch with…
The Cheapest New Cars Didn't Get Expensive, Honda And Ford Just Killed Them
Cox says affordability problems extend far beyond vehicle sticker prices. Modern vehicles offer more technology, safety, and capability than ever before. Missing from the discussion is the industry's retreat from truly cheap cars. The average new…
Trump Pardons 6 Prosecuted For 'Fixing Their Car' Under Biden-Era Emissions Rules
President Donald Trump on Friday announced pardons for six individuals he said were persecuted by the Biden administration for repairing their own vehicles, saying that the cases were emblematic of regulatory overreach. 'It is my Great Honor to…
CAFE-2 penalties: Bailing out carmakers is against national interest, say industry veterans
The Centre's decision to waive CAFE-2 penalties for major automakers could stall green technology investments, as companies might rely on purchasing carbon credits rather than organically hitting their emission targets, auto industry sources said.
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