Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Data Centers Need Power Fast. The Auto Industry Already Has It.
Data Centers Need Power Fast. The Auto Industry Already Has It. Access to reliable electricity constrains hyperscalers trying to build data centers. Speed to power, the phrase coined to capture this challenge, drives the industry to leave no stone…
Sino-German auto talks focus on smart EV standards amid trade tensions
Chinese and German carmakers met in their first joint working group session of the year to align standards for smart connected vehicles, aiming for cooperation amid mounting trade friction over Chinese exports to Europe. More than 40…
Japan quake halts chip and auto production in Kyushu
July 30 (Asia Today) -- A powerful earthquake in Japan's Kumamoto prefecture has disrupted semiconductor and automobile production across Kyushu, with companies suspending operations because of equipment inspections, damaged facilities and blocked…
Japan Earthquake Disrupts Auto and Chip Supply Chains
Japan's powerful 7.1-magnitude earthquake that struck Kumamoto this week has disrupted manufacturing operations across one of the country's most important industrial regions, raising concerns over supply chain stability for the automotive and…
Rivian Automotive 2Q Loss Narrows, Revenue Rises, Helped by R2 Launch
The electric car maker reported a net loss of $837 million, or 63 cents a share, compared with a loss of $1.12 billion, or 97 cents a share, a year earlier. Revenue rose 27% to $1.66 billion, compared with analyst estimates of $1.52 billion…
Rivian Automotive: Q2 Earnings Snapshot
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Rivian Automotive, Inc. (RIVN) on Thursday reported a loss of $833 million in its second quarter. On a per-share basis, the Irvine, California-based company said it had a loss of 63 cents.
Sonic Automotive: Q2 Earnings Snapshot
CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Sonic Automotive Inc. (SAH) on Thursday reported second-quarter earnings of $57.4 million. The Charlotte, North Carolina-based company said it had net income of $1.79 per share. Earnings…
Manitoba Public Insurance donates auto repair gear to RRC Polytech
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Porsche To Cut Over A Third Of German Jobs As Auto Crisis Deepens
Porsche is preparing to cut more than one in three jobs in Germany under a cost-cutting measure intended to protect its remaining workforce and existing production sites until 2035. The Stuttgart-based sports car manufacturer will eliminate a…
Is Rivian Automotive a Buy After Its Latest Earnings Report?
Rivian Automotive Inc (RIVN +3.06%) — one of the most popular EV stocks on the market today — reported second-quarter earnings after market close on July 30. Whether you're invested in Rivian or an EV competitor like Tesla (TSLA…
Sonic Automotive (SAH) Q2 2026 Earnings Call Transcript
Thursday, July 30, 2026, at 11 a.m. ET Chairman and Chief Executive Officer - David Bruton Smith President - Jeffrey Dyke CFO - Heath R. Byrd EchoPark Chief Operating Officer - Thomas Keen VP of Investor Relations - Danny Wieland Total Revenues --…
Qualcomm's Automotive Growth Supports The Buy Case (NASDAQ:QCOM)
Qualcomm remains a buy, trading at 12.9x forward GAAP earnings, well below sector and historical averages, despite cyclical handset weakness. QCT's pivot to automotive and IoT is accelerating, with combined revenues up 61% and 9% year-over-year…
Group 1 Automotive (GPI) Q1 2026 Earnings Call Transcript
Thursday, April 30, 2026 at 10:00 a.m. ET Senior Vice President, Manufacturer Relations and Financial Services - Peter DeLongchamps President and Chief Executive Officer - Daryl Kenningham Senior Vice President and Chief Financial Officer - Daniel…
Japan quake disrupts auto and chip supply chains
KUMAMOTO, Japan - A powerful earthquake that struck southern Japan this week has exposed the vulnerability of the country's manufacturing supply chains, a decade after a devastating quake in the same region triggered widespread industry disruption.
Sensex, Nifty Rebound on Bargain Buying; IT, Auto Sectors Lead Gains
Indian benchmark equity indices staged a significant rebound on Thursday, with the Sensex gaining 273.55 points and the Nifty closing above 24,300, as bargain hunting and short-covering propelled a broad-based rally led by the IT and auto sectors.
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