Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Chinese carmakers piling pressure on UK rivals, auto industry chief says
LONDON, July 30: A wave of Chinese entrants into Britain's car market is piling pressure on traditional manufacturers, forcing them to offer deeper discounts to compete with lower-cost imports, the head of the country's main automotive industry…
How SiC and GaN are reshaping automotive power electronics
Wide-bandgap (WBG) materials, particularly silicon carbide (SiC) and gallium nitride (GaN), are no longer considered exotic semiconductors. The automotive industry has chosen them for their ability to switch faster, tolerate higher blocking…
O'Reilly Automotive Posts Higher 2Q Profit, Sales
O'Reilly Automotive logged higher profit in its second quarter as sales increased. The car-parts retailer reported a profit of $715.1 million, or 86 cents a share, up from $668.6 million, or 78 cents a share, a year earlier. Sales rose 8% to $4.89…
O'Reilly Automotive: Q2 Earnings Snapshot
SPRINGFIELD, Mo. (AP) — SPRINGFIELD, Mo. (AP) — O'Reilly Automotive Inc. (ORLY) on Wednesday reported second-quarter profit of $715.1 million. The Springfield, Missouri-based company said it had profit of 86 cents per share. 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. 0652 GMT – Jasa Marga may benefit from its exposure to the high-growth Jakarta Outer Ring Road…
BMW to cut several thousand jobs in latest blow to German auto sector
Focke Strangmann | Getty Images BMW said on Wednesday it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy program, the latest German carmaker to axe staff in response to…
5 Questions for Autoneum's CEO: How Are You Growing in a Struggling Auto Market?
The automotive supplier Autoneum grew in the first half of 2026 despite a global decline in auto production. CEO Eelco Spoelder is focusing on China and innovative products, as he explained in an interview with the AWP news agency. AWP: Mr.
Automotive Sales Driven By Growth in Hybrids In The Second Quarter of 2026
The most popular automobiles on the lot these days aren't electric vehicles (EVs). Rather, it's hybrid EV/internal combustion engine (ICE) models that American consumers lately most want to own and drive. According to research from Kelley Blue Book…
Hang Seng Index advances nearly 500 points upon market close, Li Auto rose 10pc
Hang Seng Index advanced 497 points at market close on Wednesday, with Li Auto (2015) jumping nearly 10 percent. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng Index rose 497 points, or 1.96 percent, to 25,807 points, delivering HK$312…
Fed holds rates steady: What it means for credit cards, savings accounts, mortgages and auto loans
The Federal Reserve kept interest rates unchanged at the conclusion of its July meeting. The central bank's benchmark rate influences a wide range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and deposit…
Auto JLR India gets FTA boost, Q1 sales soar 11 percent
Jaguar Land Rover India has achieved its best-ever first-quarter retail sales for FY27, driven by robust demand for its premium SUV portfolio and significant price benefits from the recently implemented India-UK Free Trade Agreement. JLR India…
Mouser Electronics Now Shipping Melexis MLX90296 Micropower Linear Hall Sensors for Consumer, Industrial, and Automotive Applications
Mouser Electronics introduces the Melexis MLX90296 Micropower Linear Hall sensors, optimized for battery-powered and portable devices. Featuring low noise, linear analog output, and low power consumption, these sensors are ideal for magnetic field…
Ford's earnings beat puts spotlight on these top-rated global auto manufacturer stocks (CARZ:NASDAQ)
Ford's stronger-than-expected earnings and increased full-year guidance have reinforced its status among top automakers, supporting its bullish investment outlook. The highest-rated automakers, like GM, Ford, and Honda, show strong value, growth…
Group fighting auto insurance suits, litigation gives Hochul kudos for pushing NYS law
A group lobbying to curb runaway lawsuits praised Gov. Kathy Hochul as a “Tort Reform Trailblazer'” for ramming through a new state law that tackles costly accident litigation and auto insurance fraud. “Gov. Hochul delivered…
Appliances and auto parts lift LG Electronics to record Q2
LG Electronics reported Thursday an operating profit of 1.58 trillion won ($1.1 billion) for the second quarter, up 147 percent from a year earlier, on revenue of 23.83 trillion won. Both are second-quarter records. They match the preliminary…
Receive a Daily briefing on Automotive Industry News
Get Started