Tag: Autos
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
Wall Street analysts expect Ford to report adjusted earnings per share of 35 cents and automotive revenue of $45.86 billion.
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Ford wants more customers to customize vehicles to boost profits as it eyes ‘Nike shoe drop’ moments
Ford is expanding its accessory and parts business in an effort to boost profits and better tap into the $53 billion U.S. automotive aftermarket industry.
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SpaceX launches massive Starship rocket in first test flight since IPO
Elon Musk’s rocket maker is conducting the first test fight for its massive Starship rocket since the company’s IPO last month.
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Uber and Waymo to end exclusivity arrangement in Atlanta and Austin
In Atlanta and Austin, Texas, Waymo driverless rides will be available on platforms other than Uber starting in 2028.
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Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
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Volkswagen profits slump as it flags full-year revenue squeeze ahead of restructuring
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit and revised down its sales forecast for 2026.
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As Honda CR-V leads U.S. sales, automaker teases new American-built pickup truck
The future of the Ridgeline midsize pickup truck had been in flux, and the automaker said there will be a temporary production stoppage for the truck.
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Why three automakers dominate the fast-growing hybrid vehicle market
Hybrid sales are surging in the U.S., and Japanese and Korean manufacturers making them are reaping the benefits.
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China’s Geely to make EVs at Ford plant in Spain under new joint venture
Ford and Geely plan for the joint venture will begin operations in the first half of 2027, with the first new vehicles scheduled to roll off the line in 2028.
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Alphabet and Tesla test Wall Street’s patience as AI spending overshadows growth
Shares of Alphabet and Tesla dipped after the companies reported massive spending increases in their quarterly earnings reports.
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