Automotive Industry – Page 2

Vibrant Tata truck on an Indian highway near Deeg, Uttar Pradesh showcasing cultural designs.

Tata Motors Passenger Vehicles Reports Q1 Results with Profit Drop and Revenue Growth

Tata Motors Passenger Vehicles reports a consolidated net profit of Rs 775 crore for Q1 FY27, reflecting an 80 percent drop alongside a 9 percent revenue rise.

Prasenjit Bhowmik September 4, 2026

Emerging Market

Rivian Optimizes Financial Outlook with Reduced 2026 Spending and Narrowed Loss Guidance

Rivian Automotive has announced a strategic revision of its long-term capital expenditure plans and a tightening of its financial projections for the current fiscal year. The California-based electric vehicle manufacturer…

Prasenjit Bhowmik July 31, 2026

Emerging Market

Ford Enters U.S. Army Competition to Build Next-Generation Tactical Truck

Ford Motor Co. has officially entered the race to supply the U.S. Army with its next generation of light tactical trucks, securing a government contract to build three prototype vehicles…

Prasenjit Bhowmik July 28, 2026

Emerging Market

General Motors Raises Full-Year Forecast Following Strong Second-Quarter Earnings Beat

General Motors raised its full-year financial guidance on Tuesday after delivering second-quarter earnings and revenue that comfortably surpassed Wall Street expectations, driven by sustained demand for high-margin trucks and SUVs…

Prasenjit Bhowmik July 25, 2026

Business Insights

Former Volkswagen Engineers Arrested in $5 Billion Rivian Insider Trading Scheme

Federal authorities in the United States have arrested two former Volkswagen AG engineers on charges of insider trading, accusing the pair of leveraging confidential information about a planned $5 billion…

Prasenjit Bhowmik July 25, 2026

Emerging Market

GM Reverses Course on All-Electric Cadillac Timeline, Announcing New Gas-Powered Models

GM delays its all-electric Cadillac plans by introducing new gas-powered SUVs and sedans to adapt to slowing consumer demand for EVs.

Prasenjit Bhowmik July 24, 2026

Emerging Market

General Motors Reverses Course with New Gas-Powered Cadillac Lineup Amid Slowing EV Growth

GM is launching new gas-powered Cadillac models as slowing electric vehicle demand forces the automaker to shift its ambitious all-EV strategy.

Prasenjit Bhowmik July 24, 2026

Emerging Market

Senate Advances China Auto Bill Threatening Unintended Ban on Mercedes-Benz

A new Senate bill targeting Chinese auto influence could accidentally ban Mercedes-Benz from the US market due to its foreign ownership ties.

Prasenjit Bhowmik July 24, 2026

Emerging Market

Japanese and Korean Automakers Dominate Surging U.S. Hybrid Vehicle Market

In early 2024, three major Asian auto manufacturing groups—Toyota, Honda, and Hyundai-Kia—are capturing the vast majority of the rapidly expanding U.S. hybrid electric vehicle market. American consumers across the country…

Prasenjit Bhowmik July 24, 2026

Emerging Market

Mavis Tire Acquires Pep Boys for $700 Million in Major Auto Aftermarket Consolidation

Mavis Tire is acquiring Pep Boys for 700 million dollars, adding nearly 800 locations to its massive North American automotive service network.

Prasenjit Bhowmik July 24, 2026