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Exclusive: China's GWM targets 300,000 annual production with first Europe car plant
Reuters· 2025-11-26 02:04
China's Great Wall Motor is targeting annual production of 300,000 vehicles by 2029 in Europe where it is scouting locations for its first car plant in a battle to revive flagging regional sales, a company executive said. ...
Why Is General Motors (GM) Up 1.8% Since Last Earnings Report?
ZACKS· 2025-11-20 17:36
A month has gone by since the last earnings report for General Motors (GM) . Shares have added about 1.8% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for General Motors Company before we dive into how investors and analysts h ...
Hyundai CEO Says US Reached Out to Support Firm After ICE Raid in LG Plant
Youtube· 2025-11-19 06:27
When it comes to operating those factories. Strategic localization is key here, right. What's driving those moves and those decisions that you're making right now.Well, it is very interesting, right, Because as you see changes in regulation like the tariffs in the United States, you have to quickly react to try to minimize the impact and be more competitive. But we were already on a roll when it comes to announcing big investments in the United States. So we have announced 26 billion dollars in the next fou ...
Tesla stock continues slide: why the Elon Musk company is down 2% today
Invezz· 2025-11-12 16:19
Tesla's stock fell early Wednesday as data showed a sharp drop in global vehicle sales during October, highlighting continued weakness across key markets even as investors remain fixated on the compan... ...
Mazda reports FY26 H1 net loss on US tariffs
Yahoo Finance· 2025-11-10 11:21
Japanese automaker Mazda Motor Corporation has reported a 6% decline in global revenues to JPY2,238.5 billion in the in the first half of the current fiscal year (FY26), between April and September. It also incurred an operating loss of JPY53.9 billion compared with an operating profit of JPY103 billion a year earlier, which the automaker blamed on the introduction of import tariffs in the US in April. Mazda reported a net loss of JPY7.8 billion in the second quarter of the fiscal year, between July and S ...
Nissan Motor Co., Ltd. (OTC:NSANY) Earnings Report Highlights
Financial Modeling Prep· 2025-11-06 11:05
Nissan Motor Co., Ltd. (OTC:NSANY) is a prominent player in the global automotive industry, known for its innovative vehicles and extensive market reach. The company operates in a highly competitive environment, with major competitors like Toyota and Honda. On November 6, 2025, NSANY reported its earnings, revealing an earnings per share (EPS) of -$0.35, which exceeded the estimated EPS of -$0.45.Despite the better-than-expected EPS, NSANY's actual revenue of $19.24 billion fell short of the estimated $19.4 ...
Toyota increases profit target even as US import duties hit margins
Invezz· 2025-11-05 08:05
Core Viewpoint - Toyota Motor Corporation has increased its operating profit forecast for the financial year ending in March despite anticipating a significant financial impact from tariffs on vehicle exports to the United States [1] Financial Performance - The company now expects an operating profit of ¥3.4 trillion (£17 billion) for the financial year [1] - The anticipated hit from tariffs is estimated at ¥1.45 trillion (£7.6 billion) [1]
Toyota Raises Sales, Earnings Guidance Despite U.S. Tariff Impact
WSJ· 2025-11-05 06:20
The carmaker now expects group vehicle sales to rise 2.6% to 11.30 million units. ...
Ferrari Confirms Guidance as Deliveries Top Estimates
WSJ· 2025-11-04 12:42
Core Insights - Ferrari delivered more vehicles than expected, indicating strong performance despite regional weaknesses in the Americas and China [1] Summary by Category Vehicle Deliveries - The company achieved higher vehicle shipments than anticipated, which suggests effective management and demand in other markets [1] Regional Performance - Weakness in vehicle sales was noted in the Americas and China, but this was offset by increased shipments in other regions, highlighting a diversified market strategy [1]
BYD's October vehicle sales down 12% from year earlier
Reuters· 2025-11-01 10:42
Core Insights - Chinese automaker BYD reported a 12% decline in October sales compared to the same month last year, totaling 441,706 vehicles [1] Company Summary - BYD's October sales figures indicate a significant drop, reflecting challenges in the automotive market [1]