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Ituran Selected to Provide Full Connectivity Solution for Fiat Connect in South America
Prnewswire· 2026-02-25 12:00
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 Stock Hits 52-Week Low - Here's Why - Lucid Group (NASDAQ:LCID)
Benzinga· 2026-02-25 11:52
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 ...
BMW in talks with EU on tariff exemption for 'Made in China' Minis, Handelsblatt reports
Reuters· 2026-02-25 11:19
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].
史上最长春节假期,车市购、租两旺
Mei Ri Jing Ji Xin Wen· 2026-02-25 11:17
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 ...
Wayve rockets to €7.2 billion valuation with €1 billion Series D bet on AI-driven autonomy – backing from Uber and Microsoft
EU· 2026-02-25 10:39
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 ...
Aston Martin to cut up to 20% of its workforce as tariff and China pain rocks automakers
Business Insider· 2026-02-25 10:29
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 ...
There Goes the Dividend -- Now What for Investors?
Yahoo Finance· 2026-02-25 10:25
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 ...
Market Wrap: Sensex ends 50 pts higher, Nifty above 25,400 as bank stocks keep rally in check
The Economic Times· 2026-02-25 10:23
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, ...
Has Tesla's 'iPhone Moment' Arrived?
The Motley Fool· 2026-02-25 10:15
Tesla just made a major decision signaling just how serious Elon Musk is taking the company's artificial intelligence (AI) ambitions.When Apple (AAPL +2.28%) introduced the iPhone in 2007, the company struck a chord. The idea of combining productivity features from its computers with music, photography, and other applications gave birth to a device no one knew they needed: a phone that is also an on-the-go, handheld computer.The iPhone has undoubtedly become a revolutionary product for Apple as the device t ...
比亚迪第二代兆瓦闪充设施大规模部署:2100KW功率,5分钟补能500公里
Feng Huang Wang· 2026-02-25 10:04
目前第二代系统已在全国多地高速公路入口、比亚迪经销商停车场完成落地,未来还将持续向城市核心 区、社区、商圈等场景延伸,计划2026年建成15000座以上二代站点。 凤凰网科技讯 2月25日,"BYDOTA"援引国外媒体"CNEVPOST"消息称,比亚迪(002594)于2月24日 在中国境内正式开启兆瓦闪充设施的大规模部署。 据介绍,比亚迪目前研发的第二代兆瓦闪充设施最大输出功率飙升至2100kW,单枪最高输出可达 1500kW,支持10C+的超快充倍率,实现了"充电5分钟,续航500公里"的补能体验。另外,据媒体透 露,这款升级后的闪充系统内置BESS储能系统,能有效应对峰值供电需求、缓解电网压力。 ...