Cyngn Adds Former Lyft Exec, Ran Makavy, to Board [Accessibility Statement] Skip NavigationMr. Makavy led growth at Lyft and later ran its core platform through the 2019 IPO. He also founded Snaptu, which was acquired by Facebook in 2011.MOUNTAIN VIEW, Calif., Feb. 25, 2026 /PRNewswire/ -- Cyngn (Nasdaq: CYN) today announced the appointment of Ran Makavy to its Board of Directors. He brings senior growth and platform leadership experience from Lyft and Facebook, where he helped scale large technology busine ...

Thailand’s new vehicle market rebounded by almost 54% to 73,936 units in January 2026 from weak year-earlier sales of 48,092 units, according to the latest data released by the Federation of Thai Industries (FTI). January was the tenth consecutive month of growth for the country’s vehicle market, following two years of sharp declines as the country’s highly indebted consumers and small businesses struggled to access financing after banks tightened lending rules. Economic growth in the country accelerated ...

Ituran Selected to Provide Full Connectivity Solution for Fiat Connect in South America [Accessibility Statement] Skip NavigationThis represents a new agreement between Ituran and Fiat and marks an expansion of collaboration with StellantisAZOUR, Israel, Feb. 25, 2026 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), a global leader in vehicle telematics and OEM connectivity solutions, today was selected to deliver the Connect Fiat program in partnership with Stellantis. The agreement has an ...

Lucid Group Inc (NASDAQ:LCID) is down in premarket trading Wednesday after reporting mixed fourth-quarter earnings and filing a share resale prospectus supplement.Lucid posted fourth-quarter revenue of $522.73 million, topping analyst estimates of $469.2 million a 123% year-over-year jump. However, the company reported an adjusted loss of $3.08 per share, missing estimates for a $2.64 loss.Lucid produced 8,412 vehicles in fourth-quarter, up 116% year-over-year, and delivered 5,345. The company exited the qu ...

Core Viewpoint - BMW is in discussions with the European Commission regarding a potential minimum pricing model to replace EU tariffs on its Chinese-made Mini electric vehicles, following a similar agreement for Volkswagen's SEAT/Cupra brand [1][2]. Group 1: Negotiations and Tariff Exemptions - BMW and the European Commission are negotiating a solution that involves a minimum import price to potentially exempt BMW's Chinese-made electric vehicles from tariffs [2]. - This negotiation follows an agreement between Brussels and Volkswagen, which secured a tariff exemption for its all-electric Tavascan SUV coupe [1][2]. Group 2: Current Tariff Situation - The EU imposed tariffs on China-made electric vehicles at the end of October 2024, with a specific tariff rate of 20.7% for BMW, which manufactures the electric Mini Cooper and Mini Aceman in China [3]. - BMW is also involved in a legal challenge against the EU tariffs alongside other car manufacturers [2].

2026年春节假期，被称为"史上最长春节假期"，9天长假叠加高速公路免费通行、"飞机/高铁+落地租 车"出行模式持续普及，再加上跨区域返乡、特色旅游出行需求集中释放，春节期间国内汽车消费与出 行市场同步升温、双线飘红。 "2026年春节假期，不少家庭利用空闲时间全家出动到店试驾，成为假期到店客流的一大特点。"日前， 一位乐道汽车销售人员向《每日经济新闻》记者透露，大假期间，终端车市热度不减反增。 2月2日起至今，为期40天的2026年春运已经过半。数据显示，春运前20天，预计全社会跨区域人员流动 量达50.8亿人次，日均2.5亿人次，创下历史同期新高。在此背景下，2026年春节假期，自驾出行的拥堵 痛点，催生租车需求爆发。 2月24日，据央视新闻报道，2026年春节假期，新场景、新业态、新模式正在持续释放服务消费潜力。 商务大数据显示，2026年春节假期，重点平台租车出行订单量增长51%，其中租期为7天和8天的订单， 分别增长95%和73%，南北互跨订单量增长251%。 神州租车发布的数据显示，2026年春节期间，租赁新能源车型的预订量同比激增6倍，在其整体租车中 的占比更是首次突破四成。由此来看，2026年 ...

From 2026, consumers will experience Wayve-powered robotaxis through commercial trials with Uber. From 2027, they will be able to buy passenger vehicles equipped with Wayve’s AI Driver, starting with L2+ “hands-off” capability that allows the vehicle to steer, navigate and respond to traffic under driver supervision.Wayve licenses its AI Driver directly to automakers, providing tools to customise driving models for specific vehicles and brands. The system runs entirely on onboard vehicle compute and embedde ...

British automaker Aston Martin said it's cutting up to 20% of its workforce as it battles supply chain chaos caused by President Donald Trump's shifting tariff policy. The company, which is known for its sleek supercars favored by James Bond, said in its Wednesday earnings report that it expects operating expenditure and capex savings of about £40 million ($54 million) from the cuts. Trump imposed a 25% tariff on car imports last April, adding export costs to the supercars hand-made in Aston Martin's UK fac ...

Detroit automakers, commonly thought of as Ford Motor Company (NYSE: F), General Motors (NYSE: GM), and Stellantis (NYSE: STLA) thanks to its Chrysler heritage, have seen wildly different stock prices recently. Over the past three years GM nearly doubled its stock price, Ford posted a modest 11% gain, and Stellantis shed more than half its value. For investors considering buying into a potential Stellantis turnaround, and rebound in stock price, there's a little bad news to digest first. Goodbye, dividen ...

At close, Sensex was up a little over 50 points at 82,276. This marks a fall of around 682 points from its intraday high of 82,958, which it had hit in the morning amid strong buying in Today’s gains were led by metals, with the Nifty Metal index rising 2.7%. IT stocks, which had surged sharply in the morning, also pared partial gains by the end of the session. The Nifty IT index closed 1.57% higher, while the auto and pharma indices gained 1.85% each. FMCG, PSU Banks, realty, along with oil & gas indices, ...