Lyft Posts Record Bookings, but Higher Promotions Fuel Profit Miss
Rideshare platform Lyft reported record-high gross bookings for its second quarter, driven by strong commuter demand and expanding passenger volume.…
Honda Raises Full-Year Forecasts After Posting First Profit Rise in Six Quarters
Japanese automaker Honda Motor reported a solid increase in quarterly operating profit, marking its first profit gain in six quarters.…
BYD’s Sales Rise for Third Straight Month as Overseas Demand Soars
Chinese electric vehicle giant BYD reported its third consecutive month of global sales growth in July 2026. Robust overseas deliveries…
Kia Commits $649 Million to Produce and Sell Electric Vehicles in Mexico
South Korean automaker Kia is expanding its North American footprint with a major $649 million investment. The company will manufacture…
Ford Recalls Over 565,000 US Vehicles Due to Engine Compartment Fire Risks
Ford Motor Company announced a massive safety recall affecting more than 565,000 vehicles across the United States. Federal safety regulators…
US Automotive Industry Races to Purge Chinese Connected-Car Hardware Ahead of Strict Federal Mandates
The American automotive sector is undergoing a massive operational overhaul as car manufacturers work frantically to strip Chinese connected-car hardware…