Kia to invest $649 million in Mexico to build EV3 production line
On the Dash:
Kia will invest $649 million to build the EV3 at its Nuevo Leon plant starting Aug. 4.
The move expands Kia's U.S. EV lineup as other automakers...
TSLA399.810-3.49%
GM87.4001.68%
F12.225-0.135%
RIVN12.1600.71%
CYD22.450-0.81%
HMC33.9600.07%
TM195.710-0.92%
CVNA68.290-0.02%
PAG212.120-0.22%
LAD299.7202.66%
AN179.64010.3%
GPI260.8000.83%
ABG198.030-1.24%
SAH63.230-0.38%
TSLA399.810-3.49%
GM87.4001.68%
F12.225-0.135%
RIVN12.1600.71%
CYD22.450-0.81%
HMC33.9600.07%
TM195.710-0.92%
CVNA68.290-0.02%
PAG212.120-0.22%
LAD299.7202.66%
AN179.64010.3%
GPI260.8000.83%
ABG198.030-1.24%
SAH63.230-0.38%
TSLA399.810-3.49%
GM87.4001.68%
F12.225-0.135%
RIVN12.1600.71%
CYD22.450-0.81%
HMC33.9600.07%
TM195.710-0.92%
CVNA68.290-0.02%
PAG212.120-0.22%
LAD299.7202.66%
AN179.64010.3%
GPI260.8000.83%
ABG198.030-1.24%
SAH63.230-0.38%
Headlines
Ford raises 2026 profit outlook despite tariffs, EV charges and production disruptions
On the Dash:
Ford raised its 2026 profit guidance, signaling confidence in consumer demand despite ongoing headwinds.
Truck and hybrid demand continue to drive pricing power, while EV losses narrowed...
U.S bans new Chinese robots, power inverters over national security concerns
On the Dash:
The latest restrictions reinforce the administration's push to reshore advanced manufacturing and critical technology production.
Increased scrutiny of Chinese technology could further reshape automotive supply chains and...
BMW to slash 8,000 jobs as China sales slump weighs on outlook
On the Dash:
BMW plans to cut about 8,000 jobs globally, mostly in Germany, through a voluntary severance program that spares production roles.
The cuts follow June's profit warning...
Audi launches flagship Q9 SUV to revive U.S. sales amid tariff pressures
On the Dash:
Audi is doubling down on premium SUVs, which now account for more than 80% of the U.S. luxury market.
The Q9 gives dealers a flagship product to...
Stellantis sells Free2move car-sharing business to Mutares
On the Dash:
Stellantis is sharpening its focus on core automotive operations by divesting non-core businesses.
Free2move will continue operating under new ownership, with plans to expand EV fleets and...
Ford joins 3-way race to build the Army’s next tactical truck
On the Dash:
Ford's F-Series Super Duty prototype contract is its largest defense opportunity since the Cold War.
GM leads with ISV-Heavy field testing and a $1 billion pipeline...
July new-vehicle sales pace reaches strongest level of 2026, says Cox Automotive
On the Dash:
July is on track to deliver the strongest sales pace of 2026, signaling resilient consumer demand.
Pent-up demand, rather than policy incentives, is driving today's showroom traffic.
...
Mercedes-Benz beats Q2 earnings expectations despite China sales slump
On the Dash;
Mercedes maintained its 2026 margin outlook despite weaker sales and revenue guidance.
China remains the automaker's biggest headwind, with deliveries down 30% and a €704 million write-down.
...
Porsche to cut 5,000 more jobs by 2035
On the Dash:
Porsche will cut 5,000 more jobs by 2035 under a new labor agreement with unions
Company will invest 2.1 billion euros in Zuffenhausen and Weissach sites through...
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