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JPMorgan downgraded Guangzhou Automobile to Underweight from Neutral with a HK$1.30 price [...]

Volkswagen said it wants its workers to take 10% pay cuts in order for the car maker to continue to be competitive and protect employment, Reuters' Paolo Laudani reports. The [...]

Cerence (CRNC) announced its expanded partnership with Renault (RNLSY) to bring generative AI-powered capabilities and human-like interaction to the automaker's next-generation, multi-modal in-car companion, Reno. Reno, the official Renault avatar, [...]

Byline: David Phillips If Bentley had to slap the franchise tag on one model, it would likely be the Bentayga, the brand's top seller worldwide and biggest moneymaker. But the [...]

Daniel Cavallo, head of Volkswagen's works council, said that the car maker intends to shut down at least three factories in Germany, cut tens of thousands of jobs, and shrink [...]

Macquarie downgraded Geely Automobile to Neutral from Outperform with a HK$16 price [...]

JPMorgan analyst Jose Asumendi lowered the firm's price target on Volvo Car to SEK 36 from SEK 43 and keeps a Neutral rating on the [...]

RBC Capital raised the firm's price target on Tesla to $249 from $236 and keeps an Outperform rating on the shares. The company has reported 'eye-watering' Auto gross margin-ex credit [...]

AIRLINE INDUSTRY INFORMATION-(C)1997-2024 M2 COMMUNICATIONS Travel Business Review - 24 October 2024 On October 26, Ferrari World Yas Island, Abu Dhabi would be the stage for a parade of 70 [...]

Byline: robertsailo Volvo Cars has reported a core operating profit (EBIT), excluding joint ventures and associates, of Sgkr5.7bn ($539.36m) for the third quarter of 2024, a decline of 6.5% compared [...]

What is this thing called love? It’s a question that’s been asked by philosophers, poets and songwriters throughout the ages — and everyone’s answer is different. iSeeCars’ solution — at [...]

Evercore ISI raised the firm's price target on Ferrari to $565 from $475 and keeps an Outperform rating on the shares. The firm thinks the stock is 'already clearly embracing' [...]

VERSES AI (VRSSF) announces the initial results of the Genius Beta Partner collaboration and the publishing of a paper co-authored by research teams at both Volvo Cars (VLVLY) and VERSES. [...]

After Ferrari unveiled the 'once-a-decade' F80 hypercar during the annual Finali Mondiali event, Evercore ISI said the base price at EUR 3.6M, making it the most expensive road car ever [...]

Barclays raised the firm's price target on General Motors to $64 from $60 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the [...]

Barclays analyst Dan Levy lowered the firm's price target on Ford to $14 from $16 and keeps an Overweight rating on the shares as part of a Q3 earnings preview [...]

Byline: David Leggett Hyundai Motor Group’s Kia brand says it has developed the world's first car accessory made from plastic extracted from the Great Pacific Garbage Patch (GPGP) by The [...]

Byline: David Leggett Mercedes-Benz Group sold 594,600 cars and vans in the third quarter, 3% down on the same quarter of 2023, in what it described as a 'challenging environment'. [...]

When Elon Musk unveils autonomous taxi prototypes this Thursday, the CEO will 'have a lot to prove' given that he went all-in on the initiative, sacrificing a widely anticipated cheaper [...]

Byline: David Leggett Renault is to show its Twingo E-Tech electric prototype, which previews the production model, at the Paris Motor Show, which will take place from 14 to 20 [...]

Tesla (TSLA) was once the red-hot center of car innovation, but now it feels at risk of sinking into irrelevance as just another auto maker. Its coming Robotaxi Day may [...]

Macquarie initiated coverage of Geely Automobile with an Outperform rating and HK$16 price target. The firm is confident Geely can manage a 'difficult transition' to electric vehicles and a multi-brand [...]

At $39,000, Tesla has discontinued its cheapest car, the Model 3 Standard Range Rear-Wheel-Drive, reports Fred Lambert for Electrek. This was the least expensive Tesla to buy but 'now, the [...]

Byline: David Leggett Lit grille and a retractable fabric roof are among the highlights Renault has unveiled some details of the Renault 4 E-Tech 100% electric's exterior, in the build [...]

Volkswagen said, 'In light of a challenging market environment and developments that have fallen short of original expectations, particularly at the brands Volkswagen Passenger Cars, Volkswagen Commercial Vehicles and Tech. [...]

Byline: Glenn Brooks It is unusual for any OEM to give a car as dramatic a restyle as Kia has done for the mid-life facelift of MQ4, the fourth generation [...]

Google's (GOOGL,GOOG) self-driving car unit Waymo and Hyundai Motor (HYMTF) executives have met numerous times to discuss using the South Korean auto makers, Ioniq 5 EVs 'for Waymo's sixth-generation self-driving [...]

Mercedes-Benz's Santosh Iyer, the car maker's managing director for India, said the company is seeing an increase in the number of Indian buyers choosing electric vehicles as their first luxury [...]

Byline: Glenn Brooks IC-powered small cars are big business in Europe; just ask Kia, which sells four times as many Picantos in the region as it does in South Korea. [...]

Byline: Dani Cole General Motors' factory in Ecuador has ceased operations due to pressure from local competitors, according to Reuters. Its plant in Quito, which was established in 1975, accounted [...]

American Honda sales totalled 139,950 units in August, up 25% compared to last year, led by strong passenger car sales, best-ever August light truck sales and an all-time record sales [...]

Byline: Stu Robarts While the European Union's (EU) recently introduced tariffs on Chinese electric vehicle (EV) imports were met with an unsurprisingly chilly reception in Beijing, the Chinese Chamber of [...]

JPMorgan analyst Nick Lai downgraded Guangzhou Automobile to Underweight from Overweight with a price target of Rmb 5, down from Rmb 10. The analyst has a cautious sector stance, expecting [...]

Byline: David Leggett Volkswagen has entered into a cooperation on new sustainable materials for automotive interiors with German start-up Revoltech GmbH from Darmstadt. The aim is to research and develop [...]

Hyundai Motor has been at the forefront of the hybrid market for years with its proprietary TMED hybrid system. The company intends to leverage its expertise to further bolster its [...]

A Mercedes-Benz (MBGYY) electric sedan caught on fire on August 1st in South Korea, which rapidly spread through an underground parking lot of an apartment complex which damaged almost 900 [...]

Byline: David Leggett Hyundai Mobility Manufacturing (Thailand) Co., Ltd., has confirmed Thailand government approval for a BEV plant in Thailand. It said the manufacturing plans, approved by Thailand's Board of [...]

Another sedan -- the Infiniti Q50 -- is being discontinued, after the 2024 model year. The Q50 debuted in 2013 and U.S. sales peaked at 44,007 in 2016, and fell [...]

Byline: Carly Schaffner Acura is working on an NSX-like electric sports car for 2028 that will ride on Honda Motor Co.'s 0 Series electric platform. Shinji Aoyama, global executive officer [...]

Byline: Carly Schaffner Hyundai Motor America is steadfastly committed to electrification, but as a trepidatious industry grapples with an uncertain future, the South Korean automaker is leaning on its broad [...]

Byline: Carly Schaffner Acura revealed a sleekly styled electric crossover concept during Monterey Car Week that previews the second electric vehicle the premium brand will add to its lineup. The [...]

American Rebel Holdings is proud to be the primary sponsor of Matt Hagan's Dodge SRT Hellcat Funny Car at this weekend's Lucas Oil NHRA Nationals. Hagan previously won at Brainerd [...]

Byline: Graeme Roberts Citroen said today it would end new car sales in Australia. Nine dealers nationwide would now solely provide service and vehicle maintenance support, local website carsales.com.au reported. [...]

General Motors' chief financial officer said that the company is committed to establishing a profitable and self-sustainable operation in China even amid stringent competition from local car makers, Reuters' Nathan [...]

American Honda sales total 120,737 units in July, up 8.0% compared to the prior year, led by balanced sales of cars, light trucks and electrified models, the company announced. [Reference [...]

Byline: Dani Cole BMW's Q2 2024 financial results saw lower-than-expected profit margin in its core automotive segment. Earnings before interest and tax (EBIT) in its car segment fell to 8.4% [...]

Wearable Devices announced a proof-of-concept implementation of its touchless control technology in a demonstration car at leading European automobile manufacturer's showroom. This collaboration marks Wearable Devices' first foray into the [...]

Morgan Stanley makes Tesla (TSLA) the analyst's new 'Top Pick' in U.S. Autos, replacing Ford (F), citing 40% upside to the firm's $310 price target, 'more managed' expectations on autos [...]

Byline: Graeme Roberts Mercedes-Benz Group claimed it “achieved solid second quarter results” despite earnings before interest and taxes (EBIT) down 20% year on year to EUR4bn (Q2 2023: EUR5bn) “supported [...]