automotive industry News

Volkswagen's Q1 2025: A Surge in Revenue Amidst Challenges, Electrification Leads the Way

Volkswagen Group reports a 2.8% increase in Q1 2025 revenue to €77.6B, with a rise in vehicle sales and deliveries. Despite a drop in production and operating profit, electrificati...

Stellantis Faces a 14% Revenue Drop in Q1 2025 Amidst Global Tariff Uncertainties

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, citing lower shipment volumes and tariff uncertainties. Despite challenges, the company sees early recovery signs...

Volkswagen Surpasses Expectations with a 2.8% Increase in Q1 Sales Revenue Amidst Market Challenges

Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, despite a 36.9% plunge in operating profit. Vehicle sales rose slightly, but production fell. The company eye...

Stellantis Faces 14% Revenue Drop in Q1 2025 Amidst Global Tariff Uncertainties

Stellantis reports a 14% revenue drop in Q1 2025 to €35.8 billion, attributed to lower shipment volumes and tariff uncertainties. The company is adjusting production plans and sees...

Mercedes-Benz Shatters Expectations with a Staggering €33.2B Q1 Revenue

Mercedes-Benz reports a record-breaking first-quarter revenue of €33.2 billion, showcasing its strong market position and setting new benchmarks in the luxury automotive sector.

Porsche's Stock Plummets 7% Amidst Shocking Earnings Report and Slashed Forecasts

Porsche AG's shares fell over 7% after reporting a 44% drop in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling financial challenges ahead.

Porsche's Stock Takes a 7% Dive Amidst Earnings Disappointment and Forecast Cuts

Porsche AG's shares dropped over 7% after reporting a 44% decline in Q1 profits and reducing its 2025 revenue and return on sales forecasts. The stock fell to €43.35, reflecting in...

Porsche AG's Stock Plummets 7% Amidst Sharply Lowered 2025 Financial Forecasts

Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential financial challenges ahe...

GM Surpasses Expectations with a 2.3% Revenue Increase to $44.02B in Q1 2025

General Motors announced a 2.3% revenue increase to $44.02B in Q1 2025, beating expectations. Despite a 6.6% net income drop, adjusted EPS rose by 6.1%. The company suspended its 2...

Porsche's Stock Plummets 7% as Q1 Earnings Disappoint and 2025 Forecast Slashed

Porsche AG shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, raising concerns about its financial outlook.

GM Surpasses Expectations with a 2.3% Revenue Increase to $44.02B in Q1 2025

General Motors announced a 2.3% revenue increase to $44.02B in Q1 2025, surpassing expectations. Despite a 6.6% drop in net income, adjusted EPS rose by 6.1%. The company suspended...

GM Surpasses Expectations with a 2.3% Revenue Increase in Q1 2025 Amidst Challenges

General Motors announced a 2.3% revenue increase in Q1 2025 to $44.02B, beating expectations despite a 6.6% drop in net income. Adjusted EPS rose 6.1%, but the company suspended it...

Porsche's Stock Plummets 7%: A Deep Dive into the Shocking Earnings Report and Future Outlook

Porsche AG's shares dropped over 7% after reporting a 44% plunge in Q1 profit to €518m and cutting its 2025 revenue forecast to €37-€38bn, signaling potential challenges ahead.

Porsche's Stock Plummets 7% Following Shock Earnings Drop and Revised 2025 Forecast

Porsche AG's shares dropped over 7% after reporting a 44% plunge in profit after tax to €518 million and slashing its 2025 revenue and return on sales forecasts, leading to a signi...

Porsche's Stock Plummets 7% Following Startling Earnings Drop and Forecast Cut

Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential challenges ahead.

Maruti Suzuki Faces a Minor 1% Profit Decline in Q4 Amidst Rising Annual Revenue

Maruti Suzuki India reports a slight 1% decrease in Q4 profit but sees a healthy rise in annual revenue, attributing growth to strong demand and operational efficiency.

Nissan Motor Co. Forecasts a Staggering Net Loss Up to $5.3 Billion in 2024 Amid Turnaround Plan

Nissan Motor Co. revises its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while increasing net revenue projections and maintaini...

Nissan Faces Staggering $5.3B Net Loss in 2024 Amid Turnaround Plan Costs

Nissan Motor Co., Ltd. revises its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while maintaining a solid cash position.

Nissan Revises 2024 Financial Outlook: Anticipates Up to $5.3B Net Loss Amid Turnaround Efforts

Nissan Motor Co., Ltd. revises its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while increasing net revenue projections and mai...

Nissan Faces Staggering $5.3 Billion Net Loss in 2024 Amid Turnaround Plan Costs

Nissan Motor Co., Ltd. has revised its 2024 financial outlook, expecting a net loss of up to $5.3 billion due to turnaround plan costs, while maintaining a strong cash position.

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. Despite this, operating profit stood at SEK 13.2 billion, with a...

Volkswagen Announces Strategic Production Adjustments in China Amid Fierce Market Competition

Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition, drawing parallels to past restructuring in Germany. The company also ...

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales fell by 7% due to global tariff uncertainties, with auto sales dropping 9%. Despite this, the company secured a 10.9% operating margin, leveraging its g...

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales fell by 7% due to global tariff uncertainties, with auto sales dropping 9%. Despite challenges, the company secured a 10.9% operating margin, showcasing...

Volvo's Q1 Sales Drop 7% as Tariff Uncertainties Shake Global Auto Market

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. Despite challenges, operating profit reached SEK 13.2 billion, s...

Volvo's Q1 2025 Sales Dip 7% Amid Global Tariff Uncertainties and Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. CEO Lundstedt discusses adapting to geopolitical changes to mitigate ...

Volvo Reports a 7% Drop in Q1 Sales Amid Rising Tariff Uncertainties and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. The company remains profitable, focusing on adapting to geopolit...

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales dropped by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales falling 9%. Despite challenges, operating profit reached SEK 13.2 billion,...

Ford Threatens Vehicle Price Hike in May if U.S. Tariffs on Foreign Cars Stay Unchanged

Ford Motor Company may increase vehicle prices in May due to U.S. tariffs on foreign-made cars, as communicated in a memo to dealers. The move hinges on President Trump's tariff po...

Toyota Steps Up to Cover US Tariff Costs Amid Global Automotive Industry Concerns

Toyota Motor Corporation has announced it will cover the added costs from new US tariffs on imported cars, a decision that highlights the growing concerns within the global automot...

Toyota Steps Up to Cover U.S. Tariff Costs, Easing Global Auto Industry Concerns

Toyota Motor Corporation will cover the added costs from new U.S. tariffs on imported cars, alleviating some concerns in the global automotive industry. Suppliers express anxiety o...

Mercedes-Benz USA Welcomes Adam Chamberlain as New CEO and Sales Leader

Mercedes-Benz USA appoints Adam Chamberlain as the new CEO and Head of Marketing and Sales, succeeding Dimitris Psillakis, who will remain as a Senior Strategic Adviser. Chamberlai...