Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
Leaders of six major auto trade groups urged President Donald Trump to maintain policies that 'keep the door firmly shut' for Chinese automakers to operate in the U.S. The letter to the president comes ahead of Chinese President Xi Jinping's visit…
Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting
WASHINGTON, Sept 18 (Reuters) - Major automakers, suppliers and dealers on Friday urged President Donald Trump to keep Chinese automakers out of the US market, ahead of his meeting with China's President Xi Jinping next week. Last week…
U.S. auto industry pleads with Trump to ban Chinese vehicles
Auto companies and dealers are beseeching President Trump to banish Chinese vehicles from the American market. Why it matters: President Trump has signaled an openness to allowing Chinese automakers to sell cars here if they're built here. And he's…
Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting
A group representing major automakers, suppliers and dealers on Friday urged President Donald Trump to keep Chinese automakers out of the US market, ahead of his meeting with…
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. 1613 GMT – Volvo Car is suffering from intense competition in China, but the Swedish carmaker's…
Auto Stocks Slide As VW Cuts Outlook, Industry Urges Trump To Keep BYD Cars Out
Earnings pressure and trade-policy uncertainty are weighing on auto stocks on Friday. Volkswagen shares fell as much as 7.5% after the struggling European automaker lowered its operating-margin forecast, reflecting a write-down on its Porsche stake…
Truist Reshapes Lending Strategy with $5.5B Auto-Loan Sale
Truist Financial Corporation (NYSE: TFC) is selling $5.5 billion of auto loans as part of CEO Mike Lyons' broader effort to reshape the bank around businesses that generate stronger and more consistent returns. The move follows Truist's decision to…
U.S. Factory Production Retreated in August as Autos and Aerospace Lead Decline
U.S. manufacturing production fell in August for the first time this year, as declines in motor vehicles and aerospace led a broader retreat across several sectors. Factory output dropped 0.3 percent after rising 0.2 percent in July, the Federal…
Pagaya Technologies: Strong Auto Growth And Rising Profitability At A Low Valuation (NASDAQ:PGY)
Pagaya Technologies Ltd. (PGY) delivered record Q2 2026 results, with Network Volume up 33%, revenue up 19%, and adjusted EBITDA up 43%. PGY's Auto segment is now the primary growth engine, contributing over 75% of Network Volume growth and…
Ford Motor vs. Stellantis: Which Automotive Stock Is a Better Buy in 2026?
Traditional automakers face a crossroads as they navigate shifting consumer preferences and the costly transition to electric platforms. Should you bet on Ford Motor (F -3.38%) or Stellantis (STLA -4.46%) for your portfolio? Ford relies on its…
How Trump's war on EVs derailed America's auto-factory revival - Ya Libnan
The Ultium Cells facility in Lordstown, Ohio, in May. The $2.3 billion plant was built during the auto industry's biggest investment binge in generations. REUTERS/Quinn Glabicki On a Friday afternoon in May, three men sat chatting on folding chairs…
Industry urges Trump to keep Chinese carmakers out of U.S. - TT
A BYD Co. Dynasty series electric vehicle at a dealership in Beijing. (Bloomberg News) A coalition of automakers, suppliers and dealers urged President Donald Trump to keep Chinese cars out of the U.S. before next week's summit with Xi Jinping. The…
Mutares exits automotive supplier Cimos in management buyout backed by Vero Automotive
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'Grand Theft Auto 6' won't be getting online multiplayer until 2027
Twitch boss Dan Clancy says Grand Theft Auto 6 Online will launch next year. READ MORE: Loading Leonida: what we learned from the ‘Grand Theft Auto 6' Extended Look on Netflix Grand Theft Auto 5 's online multiplayer launched October 1…
Nykredit A S Takes Position in O'Reilly Automotive, Inc. $ORLY
Nykredit A S acquired a new stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired…
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