Lear Corp. LEA shares have plunged 12.4% over the past six months, underperforming the Zacks Auto, Tires and Trucks sector’s appreciation of 16.1% and the Zacks Automotive – Original Equipment industry’s return of 2%. Lear’s subpar performance can be attributed to significant cuts in EV production, delayed program launches, declining volumes on key platforms and… Continue reading Lear Falls 12% in 6 Months: Here’s Why You Should Sell the Stock
Tag: GM
German Manager Magazin: Polestar: Like ex-Opel boss Michael Lohscheller, the electrical brands save Will003960
Log in the manager Digital subscription Always an insight ahead. Get access to this and all content of the Manager app with Manager+ access. Buy now Your payment options: PayPal Visa Mastercard Applepay GooglePay Easy payment. Can be canceled at any time. Restore iTunes subscription Manager+ is handled via your iTunes account and paid for… Continue reading German Manager Magazin: Polestar: Like ex-Opel boss Michael Lohscheller, the electrical brands save Will003960
Clean Technica: Lyft Could Roll Out Robotaxis In Texas Next Year003858
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! There’s been a lot going on in the advanced driver-assist systems (ADAS) industry in the past couple of weeks. BYD has announced it’s including advanced driver-assist systems in all of its new models for free. Several Chinese automakers are… Continue reading Clean Technica: Lyft Could Roll Out Robotaxis In Texas Next Year003858
May Mobility launches its first driverless commercial ride-hail service
May Mobility is deploying autonomous vehicles differently than its peers. Rather than operate robotaxis for individual ride-hail, May has followed a “gentle on-ramp” approach to commercialization by offering on-demand shuttles and pooled rides within campuses and along uncomplicated routes. The startup announced Wednesday the launch of its first fully driverless commercial service in Peachtree Corners,… Continue reading May Mobility launches its first driverless commercial ride-hail service
Trump’s Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
In an aerial view, Chevrolet cars and trucks are on display at Novato Chevrolet on Jan. 28, 2025 in Novato, California. Justin Sullivan | Getty Images Americans shopping for cars may need to fork over thousands more if President Donald Trump’s proposed tariffs go into effect, according to data from investment bank Benchmark Co. Analyst… Continue reading Trump’s Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Cheng Xin | Getty Images Lyft shares shed about 7.9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenue of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Revenue grew 27% from $1.22 billion… Continue reading Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Report: GM, Ford seeking gradual EV tax credit phaseout
Go to Source
JC Whitney Magazine Expands to Retail Shelves Across North America and Canada
“This isn’t about launching a magazine – it’s about restoring a brand that has been integral to the automotive world for over a century,” said Tina Mirfarsi, GM of JC Whitney. “JC Whitney has been a trusted name for generations, and this expansion is proof that we’re not just preserving its legacy – we’re driving… Continue reading JC Whitney Magazine Expands to Retail Shelves Across North America and Canada
Massachusetts voter-approved vehicle data access measure survives court challenge
The Alliance for Automotive Innovation argued the measure impermissibly forces automakers to degrade cybersecurity controls related to safety- and emissions-critical vehicle functions. A federal judge on Tuesday rejected a challenge by a group representing automakers to a Massachusetts voter-approved measure that expanded access to vehicle data and allowed independent shops to repair increasingly sophisticated automotive… Continue reading Massachusetts voter-approved vehicle data access measure survives court challenge
Executives plot strategy to deal with ‘cost and chaos’ of Trump tariffs
Executives plot strategy to deal with ‘cost and chaos’ of Trump tariffs Executives across industries reliant on steel and aluminum imports were scrambling to offset the cost of Donald Trump’s move to slap 25% tariffs on those key metals after previous tariff threats from the White House that were later scrapped. Companies ranging from Coca-Cola… Continue reading Executives plot strategy to deal with ‘cost and chaos’ of Trump tariffs