Google’s Munich headquarters on Jan. 31, 2025 in Munich, Germany. The company’s development center is located in Arnulfpark. More than 2,500 employees work for the US company at various locations in Germany. Matthias Balk | Picture Alliance | Getty Images ]]> This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily… Continue reading CNBC Daily Open: Markets rise on tariff pause, but earnings disappoint
Author: CNBC Online news
Why Mercedes-Benz’s driver assistance system ranks higher than Tesla’s
Tesla‘s Autopilot system has gone from being a leader in advanced driver assistance systems to merely middle of the pack. The company’s driver assistance technology, which uses names such as “Autopilot” and “Full Self-Driving,” ranked eighth on a list by Consumer Reports, behind similar systems from Ford, General Motors, Mercedes-Benz, BMW and mainstream import… Continue reading Why Mercedes-Benz’s driver assistance system ranks higher than Tesla’s
Ferrari shares pop 8% as luxury carmaker sees further earnings growth in 2025
The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty Images Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personal touches to its vehicles. Ferrari posted net profit of 1.53… Continue reading Ferrari shares pop 8% as luxury carmaker sees further earnings growth in 2025
CNBC Daily Open: As Trump pauses tariffs on Mexico and Canada, China makes its move
Cargo ships and containers at Qingdao port in eastern China’s Shandong province on Dec. 4, 2024. Stringer | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what… Continue reading CNBC Daily Open: As Trump pauses tariffs on Mexico and Canada, China makes its move
CNBC Daily Open: Trump pauses tariffs but markets are still wary
Cars queue to cross into the U.S. from Canada, at the border between the two countries, in Surrey, British Columbia, Canada Feb. 3, 2025. Chris Helgren | Reuters ]]> This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know,… Continue reading CNBC Daily Open: Trump pauses tariffs but markets are still wary
Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on September 27, 2024. Jonathan Nackstrand | Afp | Getty Images Tesla shares declined about 5% on Monday to close at $383.68 after President Donald Trump announced plans… Continue reading Tesla shares drop 5% on Trump tariffs, decline in vehicle registrations in Europe
Auto stocks fall as Trump tariffs spark trade war concerns
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images Shares of auto giants fell sharply on Monday, but were off their intraday lows after President… Continue reading Auto stocks fall as Trump tariffs spark trade war concerns
Honda’s new EV production revolution begins with $1 billion investment in Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing… Continue reading Honda’s new EV production revolution begins with $1 billion investment in Ohio
Trump’s threat for 25% tariffs on Mexico and Canada is challenging the auto industry
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — As President Donald Trump threatens to impose 25% tariffs on imports from Canada and Mexico as soon as… Continue reading Trump’s threat for 25% tariffs on Mexico and Canada is challenging the auto industry
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
André Thierig, plant manager of the Tesla Gigafactory Berlin-Brandenburg, stands at the final inspection of the production of Tesla Model Y electric vehicles. Patrick Pleul | Picture Alliance | Getty Images Tesla reported earnings and revenue for the fourth quarter that trailed analysts’ estimates. The stock initially sank in extended trading before rebounding. Here’s how… Continue reading Tesla fourth-quarter results miss estimates as automotive revenue drops 8%