A recall has been issued for over 40,000 Volkswagen vehicles due to the risk of fires from high voltage batteries overheating. According to the National Traffic Highway Safety Administration, the ...
Genuine Parts (GPC) pays out 100% of annual net income as dividends after earnings collapsed 31.3% to $904M. Genuine Parts free cash flow cushion shrank 67% to just $129M. Operating cash flow coverage ...
The poster child for China's electric car boom is also an underappreciated leader in batteries. That's the latest call from Bernstein, whose analysts this week reiterated an outperform rating on Hong ...
Hyundai Motor shares rallied Wednesday, as the South Korean auto giant disclosed plans to step up its robotics and artificial-intelligence push. The stock rose 14% to close at 350,500 won, equivalent ...
Geely is at CES this week, giving journalists test drives in the Chinese EVs from the various brands it owns. And it dropped a bit of a bomb about its plans to enter the US market, still leaving some ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Morgan Auto, one of the largest ...
President Donald Trump’s tariffs are continuing to weigh on this Japanese automotive giant, which noted billions in potential headwinds during its latest quarterly results. The North American region ...
When it comes to iconic American automakers, General Motors GM and Ford F remain two of the strongest pillars of the industry. Both have weathered economic cycles, pushed forward on innovation, and ...
BYD logged a nearly fivefold surge in European sales last month, a sign of how customers in the region are increasingly warming to the Chinese auto giant's lineup of electric and hybrid vehicles.
U.S. automaker General Motors will record a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were cut and rules governing emissions relaxed. The EV tax ...
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