Tesla’s (TSLA) troubles in Europe are going from bad to worse. The latest data out of the UK found Tesla registrations (a proxy for sales) hit only 512 new vehicles in April, per the Society of Motor Manufacturers and Traders auto trade group. That figure is down 62% from a year earlier; meanwhile, Chinese EV… Continue reading Tesla troubles: European business is getting worse as sales slump in April
Tag: Ford
German Manager Magazin: BMW: China weakness lets profit collapsed in the first quarter004177
BMW started with a drop in profits into the year. The bottom line is that the group made 2.2 billion euros in the first quarter. That was 26.4 percent less than in the same period last year. Especially a weak one China-S business spoiled the balance sheet, and the US tariffs are also likely to… Continue reading German Manager Magazin: BMW: China weakness lets profit collapsed in the first quarter004177
Automotive Camera Market worth $15.34 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., May 7, 2025 /PRNewswire/ — The global automotive camera market size is projected to grow from USD 8.40 billion in 2025 to USD 15.34 billion by 2032, at a CAGR of 9.0%, according to a new report by MarketsandMarkets. The global automotive camera market is witnessing rapid growth, fueled by rising demand for… Continue reading Automotive Camera Market worth $15.34 billion by 2032 | MarketsandMarkets
Rental Cars Prop Up April Fleet Sales
Rental car fleets have made recent overall fleet sales look better. Graphic: Bobit Business Media Commercial, rental, and government fleet sales in April totaled 207,582 vehicles, up a modest 2.6% from 202,309 vehicles sold in April 2024, according to Bobit Business Media fleet numbers released on May 1. These are the first fleet sales numbers… Continue reading Rental Cars Prop Up April Fleet Sales
Clean Technica: Top Selling Electric Vehicle Brands Worldwide in March — EV Sales Report004009
Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! Last Updated on: 7th May 2025, 12:05 am In addition to our monthly report on the top selling plugin vehicles in the world, here’s a report on… Continue reading Clean Technica: Top Selling Electric Vehicle Brands Worldwide in March — EV Sales Report004009
Rivian earnings: EV maker cuts delivery guidance because of Trump’s tariffs and trade wars
Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs… Continue reading Rivian earnings: EV maker cuts delivery guidance because of Trump’s tariffs and trade wars
German FAZ: Ford calculates with billions of billions by Trump’s Zölle009310
The US car company Ford expects a billion dollar pollution from President Donald Trump’s import duties. The taxes on vehicles and auto parts introduced to the USA are likely to press the adjusted operational profit this year by around $ 1.5 billion, as Ford announced. With reference to the uncertainty about further development, the group… Continue reading German FAZ: Ford calculates with billions of billions by Trump’s Zölle009310
Ford Q1 Earnings Surpass Expectations, Revenues Decline Y/Y
Ford Motor Company F reported first-quarter 2025 adjusted earnings per share of 14 cents, which surpassed the Zacks Consensus Estimate of breakeven earnings but declined from 49 cents recorded in the year-ago quarter. The company’s consolidated first-quarter revenues came in at $40.66 billion, down 5% year over year. F’s total automotive revenues came in at… Continue reading Ford Q1 Earnings Surpass Expectations, Revenues Decline Y/Y
Charged: Tesla EU sales reportedly plunge in April
Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean energy space, as well as which stocks in these sectors that the best analysts on Wall Street are saying to buy and sell. From the hotly-debated high-flier Tesla (TSLA), Wall Street’s newest darling Rivian… Continue reading Charged: Tesla EU sales reportedly plunge in April
Why This Combustion-Engine Expert Returned to Ford
As a Ford powertrain engineer for 30 years, Lem Yeung helped shepherd the company’s internal-combustion engines (ICEs) to new heights of performance, durability, and efficiency. But a lifetime of hard-won expertise didn’t matter when Ford shifted to electric vehicles, making Yeung and hundreds of fellow engineers expendable. In 2021, at age 52, Yeung agreed to… Continue reading Why This Combustion-Engine Expert Returned to Ford