The company is in discussions with First Brands to support them in navigating their current situation, said CEO William Stengel, noting that the relationship had no negative impact on its ...

The revised forecast falls short of analyst expectations, as the average estimate was 124,739 units, according to Bloomberg Consensus data. Li Auto attributed the guidance cut to a temporary impact ...

President Donald Trump’s newly imposed tariffs are sending shockwaves through North America’s automotive sector. With a 25% duty on imports from Canada and Mexico and 10% on imports from China, these ...

Chinese electric vehicle stocks, including NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV), and ZEEKR Intelligent Technology Holding (NYSE:ZK), are trading upwards Thursday amid ...

American Axle & Manufacturing Holdings (AAM) said sales in the second quarter of 2024 were US$1.63bn compared to $1.57bn in Q2 2023, favourably impacted by volume and mix. Net income was $18.2m, or $0 ...

FILE PHOTO: A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer Electronics Show (CES) at Las Vegas Convention Center in Las Vegas · Reuters The above ...

Thailand's car manufacturing target for 2024 may be downgraded as production continues to decline, with a sluggish economy affecting car sales, according to the Federation of Thai Industries (FTI).

Magna executives said on a post-earnings call the company was assessing impacts from automakers' shifting electrification plans, particularly in North America. Canada's Magna International missed ...

Toronto, Ontario — An extensive automotive crackdown has led to the recovery of 598 stolen vehicles from Ontario and Quebec before they could be illegally shipped overseas. The Ontario Provincial ...