Topic: auto

Ford Motor unveils new 'Fathom' electric pickup truck starting at $28,350

08/06/2026, 06:41 AM business announcement auto

Ford Motor's announcement of its new midsize electric truck, the 'Fathom,' priced starting at $28,350, marks a significant move towards making electric vehicles more accessible in a competitive market.

Markets Rally on Hopes of Iran-U.S. Deal to Open Strait of Hormuz

08/05/2026, 12:36 AM review finance auto

Recent optimism regarding a potential deal between the U.S. and Iran to open the Strait of Hormuz has positively impacted market sentiment, particularly in tech stocks and automotive sectors. This development is crucial as the Strait is a vital route for global oil shipments.

General Motors and SAIC Motor Extend Joint Venture for 20 Years Amid Geopolitical Tensions

08/04/2026, 07:37 PM business announcement auto

General Motors has extended its joint venture with China's SAIC Motor for an additional 20 years, reflecting a strategic move to adapt to the evolving automotive market in China and the challenges posed by geopolitical tensions.

Ford Motor Reports 10.2% Decline in July U.S. Vehicle Sales, Citing Strategic Changes

08/04/2026, 08:37 AM business decline auto

Ford Motor Company reported a 10.2% decline in July U.S. vehicle sales, which the company attributes to strategic decisions rather than market weakness. This approach aims to enhance profitability by phasing out low-margin vehicles and focusing on retail sales of higher-demand models.

Stellantis and Other Companies Bet on Growth of Electric Low-Speed Vehicles in the U.S. Market

08/03/2026, 06:38 AM business growth auto

The U.S. automotive industry is seeing a shift towards smaller, more affordable electric low-speed vehicles (LSVs), with companies like Stellantis and Waev leading the charge. This trend could reshape consumer preferences and market dynamics as affordability concerns grow.

General Motors to Introduce Advanced In-Vehicle AI System Later This Year

07/31/2026, 06:37 AM business announcement auto

General Motors is set to introduce a new in-vehicle AI assistant later this year, designed to enhance customer experience by integrating more closely with vehicle capabilities and telematics.

Analysts Recurrent report used electric vehicle (EV) prices appreciating despite high supply

07/31/2026, 05:37 AM business review Analysts: analysts auto

The recent rise in used electric vehicle (EV) prices, contrary to typical depreciation trends, presents both opportunities and challenges for consumers, particularly as demand remains strong despite an increase in supply.

Rivian Automotive (RIVN) Reduces 2026 Spending Plans and Narrows Earnings Guidance

07/30/2026, 01:36 PM business forecast auto

Rivian Automotive has adjusted its 2026 spending plans downward while narrowing its loss forecast for the year, reflecting improved operational efficiencies and a strong revenue performance in the second quarter.

Amazon’s Zoox Receives NHTSA Exemption to Begin Charging for Robotaxi Rides in Las Vegas

07/30/2026, 08:38 AM economy announcement auto

Zoox, the autonomous vehicle subsidiary of Amazon, has received a temporary exemption from U.S. regulators to begin offering paid robotaxi rides, marking a significant step in the commercialization of autonomous ride-hailing services.

Ferrari (RACE) Raises 2026 Guidance Following Strong Q2 Earnings Performance

07/30/2026, 05:36 AM business forecast Analysts: RBC Capital Markets auto

Ferrari's strong second-quarter performance has led the company to raise its 2026 financial guidance, indicating robust demand for its luxury vehicles and a positive outlook for investors.