Group 1 net income falls 19% in Q2, hurt by CDK outage

24July 2024

Group 1 net income falls 19% in Q2, hurt by CDK outage

All of the company’s stores remained open and used alternative processes throughout the CDK outage,...

24July 2024

LG in talks with Chinese material companies to make low-cost EV batteries for Europe

LG is seeking a partner to help it develop and build LFP cathodes, which should...

24July 2024

Aston Martin sticks to growth outlook after quarterly pretax loss

Aston Martin saw strong demand for its pricier limited-edition vehicles, helping to boost its average...

24July 2024

Forvia CEO expects EV sales to rebound with 2025 emissions targets

New EV volumes will be needed next year to achieve the next European CO2 targets,...

24July 2024

Why Volvo will stop sharing EV margin figures

CEO Jim Rowan says that as the automaker launches more full-electric models it will be...

24July 2024

Porsche bids to restore production, boost margins after weak first half

Porsche’s operating profits fell by just over a fifth in the first half to €3.06...

24July 2024

Aston Martin’s interim loss widens but automaker sticks to FY growth outlook

Aston Martin reported a pre-tax loss of 216.7 million pounds ($279.4 million) for the six...

24July 2024

Top five risks to watch as Nissan readies key earnings update

Nissan embarks on a new midterm business plan focused on growth. Here are the top...

24July 2024

Top five risks to watch as Nissan readies key earnings update

Nissan embarks on a new midterm business plan focused on growth. Here are the top...

24July 2024

Forvia joins Valeo, Aptiv in cutting forecast, citing lower production

The supplier said sales and operating income would come in at the lower end of...

24July 2024

Audi hires ex-Ferrari F1 team boss to bolster its racing project

Former Ferrari team principal Mattia Binotto will lead Audi’s F1 project, replacing Oliver Hoffmann and...

24July 2024

Another prison term in multimillion dollar ‘Ponzi-like’ car export scheme

A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in...

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