- Nissan & Stellantis Hit The Brakes, While Renault Speeds To Highest-Ever Profitability – Bloomberg
- Tesla stock is shaken by weak Q2 earnings but still looks too pricey – Fortune
- Trouble lies ahead for European luxury brands and car makers as China’s slowdown hurts … – Fortune
- GM co-leads $39 mln funding for EV battery materials startup Addionics – Reuters
- Stellantis profits halve amid massive drop in sales as carmaker reveals plans to revive old models – Fortune
- US car market gives Stellantis, Nissan a rough ride – Reuters
- Nissan profit falls 99% on U.S. downturn – Automotive News
- Hyundai Motor Profit Jumped 25%, Led by U.S. Demand – Wall Street Journal
- Hyundai to expand hybrid lineup after posting record profit – Automotive News
- Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results – Automotive News
- Wipeout on Wall Street sends the S&P 500 down by 2.3% as Big Tech skids – LATimes
- Ford plummets as higher costs, EV unit take a toll on profit growth – Reuters
- Billionaire Peugeots Hire Private Equity Manager as New CEO – Bloomberg
- Porsche in Talks With Creditors BlueBay, Hayfin Over Varta Deal – Bloomberg
Thursday Morning Auto News, Jul 25, 2024: Nissan, Stellantis hit the brakes. Tesla stock shaken. Trouble ahead for EU luxury makes. More.
July 25, 2024 By
Wednesday Morning Auto News, Jul 24, 2024: Musk delays robotaxis, profits slump, stock falls. Russia bans Akio Toyoda. Musk reneges on $45mln for Trump.
July 24, 2024 By
- Elon Musk Delays Robotaxis, Tesla Profit Slumps – Bloomberg
- Russia bans entry of Toyota chief, other Japanese business leaders – Mainichi
- Elon Musk denies report he will donate $45m a month to Trump Super Pac – Guardian
- Toyota weighs 4-day workweek in sweeping overhaul of office life – Automotive News
- BMW to recall 290,000 faulty vehicles in US on safety fears – Reuters
- Despite Trump’s anti-EV stance, Tesla’s Musk still supports him – Washington Post
- Toyota chairman and 12 other Japanese executives banned from entering Russia – Japantimes
- Tesla Earnings Fall Short Again – Bloomberg
- Tesla to Lose EV Sales Crown to BYD, Bloomberg Intelligence Says – Bloomberg
- Tesla’s profit margin is getting hammered by EV discounts and hefty AI spending – CNBC
- Chinese Carmakers Push Back Against Tariffs in New EU Hearings – Bloomberg
- Tesla case against Rivian over trade secret accusations will go to trial – Autoblog
- US closes probe into 1.5 mln Honda vehicles over loss of power – Reuters
- Tesla slides as bleak profit margins exposes need for affordable EVs – Reuters
Tuesday Morning Auto News, Jul 23, 2024: GM keeps the steering wheel, re-starts Cruise. Porsche warns on profits. Toyota buys its shares. More.
July 23, 2024 By
- GM puts self-driving vehicle without steering wheel on hold – Reuters
- Porsche warns on profits as flooding hits supplier – FT
- Toyota to launch $5.16 bln tender offer for own shares – Reuters
- GM indefinitely delays Cruise Origin autonomous vehicle – CNBC
- Porsche shares fall 5% after automaker cuts 2024 outlook on aluminium alloy shortage – CNBC
- Mitsubishi pivots to North America as new profit engine as earnings dip – Automotive News
- EHang advances pilotless passenger-carrying aerial vehicles certification process – Chinadaily
- GM posts strong 2nd quarter earnings, tops Wall Street expectations – The Detroit News
- General Motors Company Q2 Profit Increases, Beats Estimates – Businessinsider
- GM Lifts Profit Outlook as U.S. Market Carries Load – Wall Street Journal
- Stellantis to recall about 19,500 hybrid vehicles in U.S. over battery fire risk – Reuters
- China auto giant decries EU’s ‘illegal’ anti-subsidy probe, hints at challenge – SCMP
- GM reports $4.4 billion in Q2 pretax profits, increases expected earnings for full year – Freep
- G.M. Will Restart Cruise Taxi Service – New York Times
Monday Morning Auto News, Jul 22, 2024: U.S. OEMs pump EV brakes. Feds open probe into 150,000 Stellantis vehicles. BYD less Buffett-backed. More.
July 22, 2024 By
- US automakers pump the brakes on EV plans – Chinadaily
- US opens probe into 150,000 Stellantis vehicles over loss of motive power – Reuters
- Berkshire Hathaway Sells More of BYD, Bringing Stake Below 5% – Bloomberglaw
- Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus – Reuters
- CNBC takes a tour of Ferrari’s new e-building – CNBC
- Tesla to have humanoid robots for internal use next year, Musk says – Reuters
- Volkswagen extends ties with China’s Xpeng to develop new EV models, technologies – SCMP
- Automakers report earnings this week. GM is set to be the standout – CNBC
- GM, Ford profit may take a hit from cooling EV demand, US dealer software outage – Reuters
- BMW Dealers Bump Prices Back Up in China’s Cutthroat Car Market – Bloomberg
- Elon Musk is very publicly trying to recruit his billionaire peers to the Trump-Vance camp – Businessinsider
- First pictures: Aston Martin tests Le Mans Valkyrie – Autocar
Friday Morning Auto News, Jul 19, 2024: Musk backs Trump, luxury automakers back hybrids. More.
July 19, 2024 By
- Musk backs Trump as other social media CEOs shy away from politics – Guardian
- Luxury Automakers Porsche, Bentley, Ferrari Push Hybrids As EV Sales Cool – Bloomberg
- Ford: going all-electric in Europe by 2030 was “too ambitious” – Autocar
- Tesla’s California car registrations fall for third straight quarter – CNBC
- Volvo EX90 may be missing Apple CarPlay, smart charging and more at launch – Autocar
- Geely’s Zeekr Considers Building EVs in Europe to Avoid Tariffs – Bloomberg
- Car racing company’s suit against GM, Michelin almost out of gas – Reuters
- Tesla to power France’s biggest battery storage facility – Fortune
- Cornish rally firm to offer 496bhp EV conversion for Porsche 911 – Autocar
- Ford’s EV-to-pickup switch says a lot about electric car demand – Axios
- Stellantis tells owners of 24,000 Chrysler Pacifica to park outside – Fortune
- Toyota Motor Europe posts a record first half-year sales – Toyota
- Thai investigation into BYD EV discounts moves ahead despite cash-back offer – Reuters
- VW CEO talks trade, tech with Chinese ministers in Beijing – Reuters
- How Honda plans to build a $15B EV ecosystem in Canada – Automotive News
- UK Firm to Use Tesla Batteries to Build French Storage Project – Bloomberg
- Higher prices and limited options push car buyers from new to used – Autocar
- Hydrogen could still fuel the future of the combustion engine – Autocar
- Japanese scientists graft ‘living skin’ onto robot face – SCMP
- FAW embraces smart tech for global edge – Chinadaily
- Hyundai Starts Local Assembly of Its Ioniq 6 EV in Singapore – Bloomberg