Economic Indicators - Core inflation in December was up 1.2% year on year, unchanged from the previous month [1] - Consumer prices rose 0.8% year on year, the highest level since February 2023, following a 0.7% increase in November [2] - Monthly consumer prices grew 0.2%, exceeding the expected 0.1% gain [3] Industrial Performance - Factory-gate prices dipped 1.9% in December, better than the forecasted 2% decline, extending a deflationary streak beyond three years [1] - Industrial production growth is estimated to have edged up to around 4.9%, supported by a pickup in manufacturing activity [5] - The official purchasing managers' index (PMI) rose to 50.1 from 49.2, indicating a return to growth in manufacturing activity after eight months of decline [5] Investment and Consumption - Fixed-asset investment likely contracted by around 11.8% in December, worsening from an 11.1% decline in November [5] - Policymakers are expected to implement measures to boost consumption and stabilize the property market, although past efforts have not yielded significant results [6] - New home sales in floor space are estimated to fall by 7% in 2026 after an 8% decline in 2025 [6] Profitability and Market Dynamics - Industrial firms experienced a profit drop of 13.1% year-on-year in November, marking the steepest decline in over a year [7] - Carmakers have initiated a new round of price cuts and perks due to sluggish demand and the withdrawal of part of a tax incentive for electric vehicles [8]

Core Viewpoint - GreenPower Motor Company has secured $5 million in financing from CIBC, which includes a $3 million revolving line of credit and a $2 million term loan, aimed at accelerating the production of all-electric vehicles to meet existing customer orders [1] Financing Details - The financing facilities consist of a $3 million revolving line of credit and a $2 million term loan with a three-year term [1] - GreenPower has also received approval for a letter of credit of $450,000 and a facility of up to $2.5 million, pending approval from another financial institution [1] - The company has closed an additional $5 million in term loans from two family offices, which provided personal guarantees for these credit facilities [1] Use of Proceeds - A portion of the net proceeds from the financing will be allocated to repay the existing operating line of credit, while the remainder will be used for general corporate purposes [1] Related Party Transactions - The company will issue 3,205,128 non-transferable share purchase warrants to one family office, allowing the purchase of common shares at an exercise price of $0.78 for 36 months [2] - Additionally, 641,025 shares will be issued to one of the family offices as part of the financing arrangement [2] - These transactions are classified as related party transactions but are exempt from formal valuation and minority approval requirements [2] Securities Regulation - All securities issued in connection with the loans will be subject to a statutory hold period of four months plus a day from the closing date [3]

CARLSBAD, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Aptera Motors Corp. (NASDAQ: SEV), a solar mobility company advancing ultra-efficient transportation, today announced that Tony Kirton has been appointed Chairman of the Board of Directors. Kirton brings more than four decades of global automotive leadership experience, having held senior executive and board roles across leading automotive brands including Volkswagen, Audi, and BMW. His appointment follows his service as an independent board director and s ...

BREAKING: Futures Fall, Defense Stocks Rebound Today's Spotlight MarketSurge New Year Sale Invest smarter in 2026 with our BEST deal—14 months of MarketSurge for $1,499 ($600 off). Free Investing Podcast Listen to IBD's podcast for new investing tips and trade ideas every week. Subscribe today! Get Market Insights on IBD Live Join IBD Live to watch and discuss the market action in real time with top market analysts. More News Partner Center Related news Aerospace Play Woodward Leads Select Group Of 8 Onto B ...

Good morning. Artificial intelligence is stepping out of the virtual world and into the real one — and that shift is called physical AI.What does that mean? Instead of working only on computers or digital data, it enables machines to sense, think, and act in the real world. Physical AI was a key topic of discussion during a Fortune Brainstorm Tech dinner on Monday at CES 2026 in Las Vegas. Andrew Nusca, editorial director of Fortune‘s Brainstorm series and author of the Fortune Tech newsletter, hosted a fir ...

Iveco Group included on the Climate ‘A’ List in the 2025 CDP Assessment Turin, 8th January 2026. Iveco Group (EXM: IVG) has received the highest rating, ‘A’, in the climate change category of the 2025 assessment by CDP, the global non-profit organisation widely considered the gold standard for environmental disclosure. The score recognises Iveco Group as a leader in corporate transparency and action on climate change. CDP uses an independent methodology to assess participants and allocate a score ranging ...

Shares of AZZ Inc (NYSE:AZZ) rose in pre-market trading after the company reported posted upbeat earnings for the third quarter.The company posted adjusted earnings of $1.52 per share, beating market estimates of $1.47 per share. The company’s sales came in at $425.746 million versus expectations of $418.164 million.AZZ shares surged 2.1% to $112.09 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersCIMG Inc (NASDAQ:IMG) gained 33.3% to $1.44 in pre-market tradi ...

上海2025年市重大工程完成情况出炉：全年完成投资首破2500亿元，达2510.1亿元，再上新台阶。 重大工程再上新台阶 去年上海完成投资首破2500亿元 "十四五"总投资额超1.12万亿元 围绕国家战略，一批重点项目取得突破。聚焦建设国际经济中心，格科半导体、长电科技等三大先导产 业项目建设如火如荼，特斯拉储能超级工厂建成投用，雷克萨斯项目开工建设。美的第二总部等产业项 目建成投用，支撑带动区域高质量发展。围绕建设国际航运中心，罗泾港二期工程开工建设，小洋山北 作业区全面铺开，东方枢纽上海东站主体结构全面封顶，浦东机场四期顺利推进。C919总装一体化厂 房结构封顶。围绕建设国际科创中心，磁-惯性约束聚变能源系统关键物理技术项目完成实物工作量， 同济大学张江基地建成投用。LNG新站线投产、海上风电场并网发电，促进全市能源结构转型。 （来源：解放日报 记者 戚颖璞） 过去五年，近半投资额涌向基础设施。从上海市住建委（市重大办）获悉，"十四五"期间，上海市重大 工程总投资额超1.12万亿元，年度投资额逐年增长，推动经济稳步回升向好。自2022年起，连续4年超 2000亿元。其中，城市基础设施完成投资占比44%，包 ...

Core Insights - TomTom and Visteon have successfully integrated TomTom's Automotive Navigation Application with Visteon's cognitoAI™ platform, enhancing the in-vehicle navigation experience through advanced AI voice interaction [1][4]. Group 1: Technology Integration - Visteon's cognitoAI™ platform utilizes a hybrid architecture powered by a custom multimodal Vision Language Model (VLM), allowing seamless operation in both offline and online modes, ensuring reliability in various driving conditions [2]. - The integration allows drivers to use natural, conversational language for navigation tasks, moving beyond rigid command structures to perform complex requests [2]. Group 2: Product Features - TomTom's Automotive Navigation Application serves as a robust foundation for Visteon's innovations, enabling rapid market delivery and maintaining high-quality standards [3]. - The collaboration aims to provide a premium navigation experience that adapts to evolving driver expectations, ensuring the application remains current and user-friendly [3]. Group 3: Industry Impact - The partnership sets a new benchmark for in-vehicle navigation, demonstrating that advanced AI can be effectively implemented in a secure, on-device architecture [4]. - By combining TomTom's mapping expertise with Visteon's AI capabilities, the collaboration establishes a new industry standard focused on privacy-first, onboard AI navigation solutions [4]. Group 4: Company Background - TomTom specializes in location data and technology, providing solutions for drivers, carmakers, and developers, with a focus on building advanced mapping systems [5]. - Visteon, with a 2024 annual sales figure of approximately $3.87 billion and $6.1 billion in new business secured, is advancing mobility through innovative technology solutions [6][7].

Core Insights - Hyundai Mobis has formed a strategic collaboration with Boston Dynamics to supply actuators for the next-generation humanoid robot, Atlas, as part of a $26 billion U.S. investment plan [2][11] - This partnership marks Hyundai Mobis's entry into the global robot components market, securing its first official customer in the robotics sector [3][11] - The collaboration is expected to enhance both companies' positions in the emerging robotics components industry, which currently lacks a dominant global player [8] Company Strategy - Hyundai Mobis is expanding beyond the automotive industry into high-value-added fields such as robotics, aligning with its mid- to long-term strategy to adapt to the evolving mobility landscape [4] - The company aims to establish a large-scale actuator manufacturing system and strengthen its design capabilities for high-performance robotics components [7] Market Potential - Actuators are a critical subsystem for humanoid robots, representing over 60% of their material cost, and Hyundai Mobis plans to leverage its automotive component development expertise to enter this market [5] - Hyundai Motor Group announced plans to build a robot factory capable of producing 30,000 units annually, positioning Hyundai Mobis to play a significant role in the robotics ecosystem [9]