Autos & Transportation
LATEST NEWS FROM AUTOS & TRANSPORTATION
Autos & Transportation
Even in North Korea, someone's in your parking spot
Pyongyang’s once-empty roads are now jammed with cars that aren't supposed to be there — many of them from China. Welcome to Kim Jong Un's automotive revolution.
Autos & Transportation
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
They argue that Chinese automakers with limitless state support would crush other producers.
Autos & Transportation
China's domestic car demand stays weak but exports strengthen
China's domestic car sales fell for a seventh straight month in April amid intense competition in the world's biggest auto market but exports stayed strong as automakers increasin...
Autos & Transportation
US Postal Service reports $2 billion quarterly loss as cash crunch mounts
The U.S. Postal Service on Friday reported a net quarterly loss of $2 billion as it faces a growing financial crisis and has warned it could run out of cash as soon as February.
Autos & Transportation
Exclusive: Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say
Rio Tinto , is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers increasing its 17.2% stake in the developme...
Autos & Transportation
Expedia tumbles as Middle East conflict, Mexico travel advisory hit bookings
Online travel agency Expedia's shares dropped 8% before the bell on Friday, after the ongoing conflict in the Middle East and a travel advisory in Mexico shaved about 200 basis po...
Autos & Transportation
US hybrid-car sales soar, along with gas prices
Many American car buyers are gravitating to hybrid vehicles to offset the recent surge in gas prices from the Iran war, according to fresh industry sales data and dealers.
Autos & Transportation
Toyota sees 20% drop in annual profit as Iran war weighs
Toyota forecast a 20% decline in profit for the current financial year on Friday, as cost and supply uncertainties stemming from the Middle East conflict weigh on earnings even a...
Autos & Transportation
Microchip Tech forecasts quarterly revenue above estimates on strong chip demand
Microchip Technology forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its chips used in industrial and automotive sectors.
Autos & Transportation
Auto groups urge Trump to extend trade deal with Mexico, Canada
Major auto trade groups on Thursday urged the Trump administration to extend a free trade deal with Mexico and Canada, saying it was crucial for U.S. vehicle production as North ...
Autos & Transportation
Lyft forecasts strong bookings, winter storms hit first-quarter ride volumes
Lyft forecast second-quarter gross bookings and adjusted core profit above Wall Street estimates on Thursday, even as first-quarter ride volumes fell short of expectations due to ...
Autos & Transportation
Tesla Model Y is first vehicle to pass new US driver-assistance system tests
The National Highway Traffic Safety Administration said on Thursday the 2026 Tesla Model Y is the first vehicle model to pass the agency’s new advanced driver-assistance system t...
Autos & Transportation
EV maker Polestar's quarterly loss widens as tariffs, pricing pressure weigh on margins
Sweden's Polestar reported a bigger first-quarter loss on Thursday, as pricing pressure and U.S. tariffs offset stronger sales volumes.
Autos & Transportation
Tesla's China-made EV sales jump 36% in April, extending rebound
Tesla 's China-made EV sales jumped 36% on the year in April, a sixth month of gains, as the U.S. automaker fights to hold ground against a wave of cheaper Chinese rivals.
Autos & Transportation
DoorDash forecasts quarterly order value above estimates on resilient delivery demand
DoorDash on Wednesday forecast second-quarter marketplace gross order value above analysts' estimates, helped by resilient demand for delivery services and the company's expansion...
Autos & Transportation
Chinese carmaker Geely buys Ford assembly facilities in Spain, local media reports
Chinese automaker Geely has purchased part of a Ford factory in Spain and plans to build one of its models there, Spanish trade publication La Tribuna de Automocion reported, cit...
Autos & Transportation
US tariff refund process running 'smoother' than expected, Switzerland's K+N says
The online process to reclaim U.S. tariff payments deemed illegal by the Supreme Court is running "smoother" than anticipated, a U.S. customs expert at freight forwarder Kuehne un...
Autos & Transportation
EU struggles to finalise US trade deal under threat of higher auto tariffs
EU lawmakers and governments aim on Wednesday to finalise a deal scrapping duties on U.S. imports under renewed pressure from President Donald Trump, though divisions over safegu...
Autos & Transportation