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Volkswagen profit drops 20% in first quarter on lower sales
NBC Los Angeles· 5 days agoGerman carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter...
Luxury carmaker Aston Martin slumps 11% as losses nearly double
CNBC· 4 days agoLuxury carmaker Aston Martin on Wednesday reported widening losses in the first quarter, as the...
Has California reached peak Tesla? Sales dip for second straight quarter in key EV market. - The...
The Boston Globe· 6 days agoWhile the carmaker still makes some of the top-selling models in California, overall Tesla...
Pony.ai's JV with Toyota to spur robotaxi development
China Daily· 7 days agoAutonomous driving firm Pony.ai has set up a partnership with Japanese carmaker Toyota and its Chinese joint venture GAC Toyota, which is expected to speed up the commercial ...
Tesla Turnaround in the Cards? Bet on These ETFs
Zacks via Yahoo Finance· 5 days agoChief executive Elon Musk expects Tesla’s turnaround to happen as early as the end of 2024. In a letter to shareholders, the leading electric carmaker...
DAX Dips Ahead Of Key Inflation, GDP Data
RTT News· 5 days agoGerman stocks fell slightly on Tuesday ahead of key euro zone inflation and GDP data due later in the day. Meanwhile, the German economy avoided recession in the first quarter, preliminary data from Destatis showed earlier today.
Hyundai Group plans hybrids for India
Just Auto via Yahoo Finance· 4 days agoHyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three Reuters sources said, as it shifts strategy to look beyond...
US carmaker Tesla presents futuristic Cybertruck in Germany
dpa international via Yahoo News· 3 days agoUS electric car manufacturer Tesla has presented its futuristic Cybertruck in Germany, though it is...
SC's teacher of the year gets the keys to a new BMW X5, $25K cash
The Post and Courier· 2 days agoGerman carmaker BMW Manufacturing announced that South Carolina's teacher of the year, Braden...
WRAPUP 1-Shift to new models, weak demand hit Europe's automakers
Reuters via Yahoo Finance· 5 days agoVolkswagen, Mercedes-Benz and Stellantis all posted lower sales and first-quarter revenue on Tuesday as they geared up to launch new models and faced weaker consumer demand for new cars as interest ...