Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
GOP Senator Aims to Protect the Auto Industry From Chinese Intrusion...and He Got an Unlikely Ally
It's rare to see bipartisan legislation these days, given the toxicity of the Democratic Party. They don't want to give this administration any credit. If children need to starve, then so be it. Republicans finally realized that Democrats couldn't…
Auto industry ransomware attacks more than doubled in 2025
This audio is auto-generated. Please let us know if you have feedback. Ransomware attacks more than doubled in the automotive industry last year, with latest research suggesting they accounted for 44% of all publicly reported cyber incidents across…
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. 0813 GMT – Volkswagen's plans to cut manufacturing capacity on an expectation of little to no…
Sonic Automotive: Q1 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Sonic Automotive Inc. (SAH) on Thursday reported first-quarter net income of $60.8 million. On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.79.
Group 1 Automotive: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Group 1 Automotive Inc. (GPI) on Thursday reported first-quarter net income of $130.2 million. On a per-share basis, the Houston-based company said it had profit of $10.85. Earnings, adjusted for…
Senators introduce bipartisan bill banning Chinese vehicles and auto parts
A bipartisan Senate duo introduced a bill on Wednesday to ban the importation of Chinese-made vehicles and auto parts, weeks ahead of U.S. President Donald Trump's planned sit-down with Chinese President Xi Jinping. Sens. Bernie Moreno, R-Ohio, and…
Apollo-Owned Auto Supplier Tenneco Is Said to Prepare for IPO
Tenneco Inc. is laying the groundwork for an initial public offering that could value the company at about $14 billion, according to people familiar with the matter, as the automotive supplier explores strategic options four years after it was…
Hanwha Pledges Canadian Auto Partnerships in Submarine Bid - TT
The training vessel under construction at the Hanwha Philly Shipyard in Philadelphia. (Hannah Beier/Bloomberg) South Korea's Hanwha Group said it will partner with Canadian auto parts firms to build armored vehicles if it wins a contract to build a…
Penske Automotive Group Shares Gain on 1Q Earnings Beat
Shares of Penske Automotive Group rose after the company reported first-quarter earnings ahead of Wall Street expectations. Shares were up 9.8% to $177.45 as of midday Wednesday. The stock has gained 12% this year. The transportation-services…
Penske Automotive Stock Pulls Ahead, But Caution Is Warranted (NYSE:PAG)
Penske Automotive Group stock has performed well despite Q1 results showing slower sales. Emerging green shoots in truck leasing and new truck orders could be the cause. Service and Parts remains a profit engine, offsetting weaker vehicle sales.
O'Reilly Automotive: Q1 Earnings Snapshot
SPRINGFIELD, Mo. (AP) — SPRINGFIELD, Mo. (AP) — O'Reilly Automotive Inc. (ORLY) on Wednesday reported first-quarter net income of $604.2 million. The Springfield, Missouri-based company said it had profit of 72 cents per share. The…
Android Auto doesn't let you dismiss alarms, but Google is working on a solution
We discovered that Google is working on a way to let you stop or dismiss alarms via your Android Auto screen. Android Auto doesn't currently let you stop or dismiss alarms via the car display, forcing you to use your phone. Android Auto is a…
Qualcomm Second-Quarter Sales Rise on Automotive, Internet of Things Growth
logged higher revenue in its latest quarter, boosted by growth in its automotive and internet of things segments, as it contends with pressure from a shortage of memory supply. The semiconductor company also gave a forecast for the current quarter…
Mercedes-Benz: Automotive Upside Is Clearer At This Point In 2026 (OTCMKTS:MBGYY)
Mercedes-Benz (MBGYY) remains undervalued, trading below €50/share with a well-covered 6%+ yield and an A credit rating. I maintain a €78/share price target and a 'Buy' rating, expecting significant long-term upside even at…
Why Penske Auto Group Stock Just Popped
Penske Auto Group (PAG +9.99%) stock is off to the races Wednesday morning, surging 11% through 11:11 a.m. ET after crushing on Q1 2026 earnings. Heading into the report, analysts expected Penske to earn $2.88 per share on sales of $7.7 billion.
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