PACCAR Inc. PCAR recorded earnings of $1.37 per share for the second quarter of 2025, which topped the Zacks Consensus Estimate of $1.28 but declined from $2.13 reported in the year-ago period. Consolidated revenues (including trucks and financial services) came in at $7.51 billion, down from $8.77 billion in the corresponding quarter of 2024. Sales… Continue reading PACCAR Q2 Earnings Surpass Expectations, Sales Decline Y/Y
Tag: Geely
3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term
These three companies are all in the right place at the right time with the right product. Got a little money, and a lot of time to let it work? If so, great! You can not only afford to buy growth stocks, but maybe even take some well-calculated risks — on the right companies, of… Continue reading 3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term
Clean Technica: 53% EV Share in China! — June 2025 Sales Report004115
Last Updated on: 22nd July 2025, 09:20 am BEVs represented close to a third of the total Chinese car market in June. June saw the continuation of the never ending growth of the Chinese EV market, with plugins scoring over 1.1 million sales in June (in a 2.1-million-unit overall market). Digging deeper into the numbers,… Continue reading Clean Technica: 53% EV Share in China! — June 2025 Sales Report004115
These charts show just how hard Trump’s tariffs are hitting Europe’s auto giants
This photograph shows the front logo of a car at the new Citroen C5 Aircross’ production line in the Stellantis car maker plant in Chartres-de-Bretagne, near Rennes, western France, on July 3, 2025. Damien Meyer | Afp | Getty Images U.S. President Donald Trump‘s tariffs on European car imports were always expected to hit hard… Continue reading These charts show just how hard Trump’s tariffs are hitting Europe’s auto giants
Volvo design chief steps down after two years
Volvo design chief Jeremy Offer has resigned after two years. His resignation comes just months after the departure of former Volvo CEO Jim Rowan, who was instrumental in his appointment. Both executives had come into the car industry as outsiders: Rowan was previously the chief of Dyson and Offer had spent six years as the lead designer… Continue reading Volvo design chief steps down after two years
EV Connector Market worth $8.80 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., July 22, 2025 /PRNewswire/ — The EV connector market is projected to reach USD 8.80 billion by 2032, from USD 2.73 billion in 2025, with a CAGR of 18.2%, according to a new report by MarketsandMarkets. EV connectors for high-voltage systems are increasingly required to support miniaturization, weight reduction, and high-performance materials, alongside… Continue reading EV Connector Market worth $8.80 billion by 2032 | MarketsandMarkets
Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
A store in a shopping mall in Beijing on Aug. 7, 2024. Pedro Pardo | Afp | Getty Images Fierce price wars in China are hitting industries from cars to food deliveries to solar panels, squeezing profits and worsening the country’s deflationary slide. Though consumers may be lured by ultra-cheap deals, the trade-offs for them… Continue reading Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
TechCrunch Mobility: Uber makes a bet on premium robotaxis
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! A little bird Image Credits:Bryce Durbin If it wasn’t obvious before, it is now. Uber wants a big piece of the autonomous vehicle technology pie. The ride-hailing company… Continue reading TechCrunch Mobility: Uber makes a bet on premium robotaxis
Life Atop China’s Car Market Starting to Look Shaky for BYD
(Bloomberg) — Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. Most Read from Bloomberg BYD Co.’s monthly sales have stagnated of late and with the summer months being a traditionally slower time for consumer purchases, that trajectory isn’t expected to reverse any time soon.… Continue reading Life Atop China’s Car Market Starting to Look Shaky for BYD
State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
BEIJING (Reuters) -Guangzhou Automobile Group (GAC) and JAC Group expect to post their biggest ever second-quarter losses next month, as the state-owned Chinese automakers struggle with competition at home and abroad. China’s auto sector is reeling from overcapacity and an extended price war, prompting regulators and industry executives to warn about risks to the sector’s… Continue reading State-owned Chinese carmakers GAC and JAC forecast record Q2 losses