Toyota’s global sales drop for fifth straight month
On the Dash:
Toyota's global sales fell 1.1% in June, marking a fifth straight monthly decline.
Weakness in the Middle East and China offset gains in North America and Japan.
...
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
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Elon Musk denies reports Tesla to split off China business ahead of SpaceX merger
On the Dash:
Tesla executives are reportedly preparing to separate the company's China business ahead of a potential SpaceX merger.
CEO Elon Musk denies the report, calling it "fake news"...
Kia to invest $649 million in Mexico to build EV3 production line
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Kia will invest $649 million to build the EV3 at its Nuevo Leon plant starting Aug. 4.
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Ford raised its 2026 profit guidance, signaling confidence in consumer demand despite ongoing headwinds.
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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
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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...
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...
