Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why VW investing $5 billion in Rivian might be transformative for both companies - and the auto industry
Electric truck maker Rivian's $5 billion deal with Volkswagen Group nets Rivian some much-needed cash. But it also gives Volkswagen a path to a future in the auto industry it has struggled to gain on its own. In its short lifespan, Rivian has…
Rocket Lab Hires COO Frank Klein from Automotive Industry
Rocket Lab has hired a new COO from the automotive industry to help the company scale manufacturing. The launcher announced Frank Klein as its new chief operations officer on Sept. 10. The appointment is effective Sept. 16. Most recently, Klein…
Mapping Out a Rewarding Career in the Auto Industry - National Motorists Association
The automotive industry is at the forefront of innovation and advancing technologies. If you want to be part of the action, this sector has numerous opportunities for entry. Which roles are the best, and what mistakes should you avoid? Here is your…
Advance Auto Parts Inc. stock outperforms competitors on strong trading day
Shares of Advance Auto Parts Inc. AAP rallied 1.83% to $39.48 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.75% to 5,595.76 and the Dow Jones Industrial Average DJIA…
Auto Trader Group rises Thursday, outperforms market
Shares of Auto Trader Group PLC AUTO inched up 0.75% to £8.62 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the FTSE 100 Index UKX rising 0.57% to 8,240.97. Auto Trader Group PLC closed…
Auto Suppliers Show Off New Display, Safety, EV, Hybrid, Parking Tech
With three reporters on board, a Bosch engineer barrels down a test track, counts down from three then suddenly whips the steering wheel to the left, then to the right without braking, but never losing control. Moments later he repeats the…
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. 0330 GMT – Guangzhou Automobile Group is seeking to have nationwide coverage of autonomous…
Sonic Automotive: Online Expansion, Inorganic Growth, Undervalued (NYSE:SAH)
Sonic Automotive, Inc. (NYSE: SAH) continues to report investments in its online car dealership platforms, which may enhance future customer online experience and efficient marketing. In addition, with access to debt financing, I think that SAH is…
Auto dealerships enjoy diverse revenue streams and competitive moats (CVNA)
With a diverse business model that generates cash through sales, financing and service, and robust competitive moat, franchised auto dealerships are “shareholder friendly businesses” in the long-term but with a more cautious immediate…
QUOTUS Introduces Breakthrough Financial Intelligence Platform for Automotive Retail Groups
MONTREAL, Sept. 12, 2024 /CNW/ - QUOTUS, a leading provider of financial intelligence solutions for the automotive retail industry, is proud to announce the launch of its innovative SaaS platform designed to transform complex financial data into…
Upgrade your life for $25 with a 1-year Sam's Club membership with auto-renew
TL;DR: A 1-year Sam's Club membership with auto-renew is just $25 (reg. $50) through September 27. Adulting is tough, but guess what? Sam's Club is here to make it a little easier, and it's gonna cost you just $25. That's right— for the…
UAW's rift with Stellantis raises fear that some U.S. auto jobs could vanish
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UAW's rift with Stellantis raises fear that some US auto jobs could vanish
To Ruth Breeden, who assembles Ram trucks in this Detroit suburb, a simmering dispute between the United Auto Workers and Stellantis isn't merely about whether her employer will reopen a distant factory in Illinois. To her, the standoff is a danger…
Shark Brings Auto-Emptying to Its Newest Stick Vacuum
If you're a fan of the hands-free perks of floor-roaming robot vacs but need a cordless stick vacuum to get in between your sofa cushions and into those webby ceiling corners—Shark's got you covered. Shark's new PowerDetect Clean & Empty…
MobilityXlab's accelerator program has started - Terranet deepens partnership
As previously communicated, Terranet has been selected to participate in MobilityXlab's prestigious accelerator program, where several leading companies in the automotive industry are involved. The kickoff meeting was held recently, and the program…
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