Hero MotoCorp, India updates about rare earth situation In an investor update, Hero MotoCorp mentioned that the heavy rare‑earth situation remains “evolving,” but supplies are “normalized” during Q1 FY 2026 ending June and the company is “covered in the short run for both ICE and EV,” specifically through Q2 FY 2026 ending September. Its management called rare earths an industry‑wide challenge and detailed the key dependencies, wh...

News  Updated at: 2025/08/13

Kongsberg Automotive to close Zurich office and consolidate Sweden plant footprint In its Q2/2025 report, Kongsberg Automotive (KA) announced that it has decided to close the Zurich office in Switzerland, with activities being scaled down and transitioned primarily to its Kongsberg location in Norway by March 31, 2026. The company’s Ljungsarp plant, which mainly produces steering columns, will be consolidated into the Mullsjö facility. This c...

News  Updated at: 2025/08/13

Rivian reports 2025 Q2 results, with vehicle deliveries down 22.7% and adjusted EBITDA loss of USD 670 million On August 5, 2025, Rivian announced its second quarter 2025 financial results. During the second quarter, Rivian produced 5,979 vehicles, 37.8% decrease and delivered 10,661 vehicles, 22.7% decrease. Production during the second quarter for both R1 products and commercial vans was limited primarily due to a variety of supply chain comple...

News  Updated at: 2025/08/08

Lucid deliveries up 38.2%, adjusted EBITDA loss of USD 632.1 million On August 5, Lucid Group announced financial results for the second quarter ended June 30, 2025. The company reported record quarterly revenue of USD 259.4 million, an increase of 29.3% from Q2 2024. The company produced 3,863 vehicles in Q2, an increase of 83.1% compared to Q2 2024 and delivered 3,309 vehicles in Q2, an increase of 38.2% compared to Q2 2024. "We had our sixth c...

News  Updated at: 2025/08/07

Continental to list Automotive division as AUMOVIO on stock exchange Continental AG (Continental) plans to list its Automotive group sector as an independent company under the name AUMOVIO on September 18, 2025. In Q2/2025, the Automotive division reported sales of EUR 4.7 billion, down 5% year-on-year. Despite declining automotive markets in Europe and North America, the division achieved an adjusted EBIT margin of 9.0%, driven by cost-cutting m...

News  Updated at: 2025/08/06

Ford adjusted EBIT down 22.4% in Q2 on record revenue, expects USD 2 billion net tariff cost in 2025 On July 30, Ford reported that its Q2 2025 revenue increased 5.0% YoY to a record USD 50.2 billion, though its net profit declined to USD (36) million from a profit of USD 1.8 billion in Q2 2024. Adjusted EBIT of USD 2.1 billion was down 22.4% in Q2 compared to USD 2.8 billion in 2024, including net-tariff-related impacts of USD 0.8 billion. Whole...

News  Updated at: 2025/08/05

Daimler Truck lowers 2025 Outlook amid North American market uncertainty On July 31, Daimler Truck lowered its 2025 outlook, especially due to market uncertainty in North America, where the unit sales dropped 20% YoY to 38,580 units (Q2 2024: 48,246 units) in Q2 2025. In Q2 2025, industrial business revenue reached EUR 11.8 billion, i.e., down by 6% (Q2 2024: EUR 12.5 billion), due to lower overall sales, and adjusted Group EBIT reached EUR 1.12 ...

News  Updated at: 2025/08/01

Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...

News  Updated at: 2025/08/01

BMW Group EBIT down 31.4% in Q2 and down 26.8% in H1 2025 On July 31, BMW Group announced its financial results for Q2 2025 and H1 2025. For Q2 2025, BMW Group reported revenue of EUR 33.9 billion (down 8.2% YoY), EBIT of EUR 2.7 billion (down 31.4% YOY), and net profit of EUR 1.8 billion (down 31.9% YOY). For H1 2025, the Group reported revenue of EUR 67.7 billion (down 8.0% YoY), EBIT of EUR 5.8 billion (down 26.8% YOY), and net profit of EUR 4...

News  Updated at: 2025/07/31

Hyundai’s operating profit drops 15.8% in Q2 2025 Hyundai Motor Company announced its business results for results for the second quarter of 2025(April–June) on July 24. Revenue rose 7.3 percent year-on-year to KRW 48.29 trillion, marking its highest-ever quarterly revenue. This growth was driven by solid sales in North America and Korea market, strong global demand for hybrid electric vehicles (HEVs), and increased EV sales in Europe. Operat...

News  Updated at: 2025/07/31

Flash Report: Ford's operating income for the Q2 of 2025 is USD 511 million, down 72.9% Ford's FY2025 second quarter financial results were announced. Sales increased 5.0% YoY to USD 50.2 billion. This was a USD 2.4 billion increase over the previous year's USD 47.8 billion. Operating income decreased 72.9% YoY to USD 511 million, down USD 1.4 billion from USD 1.9 billion in the previous year. Net loss was USD 29 million. In the same quarter of t...

News  Updated at: 2025/07/31

Mercedes Benz group reports Q2 2025 adjusted EBIT drops by 51% amid global tariffs and market challenges On July 29, Mercedes Benz Group announced its financial results for Q2 2025 and H1 2025. For Q2, the Mercedes Benz Group reported revenue of EUR 33.2 billion (down 9.8% YOY), adjusted EBIT of EUR 2.0 billion (down 50.9% YOY), and net profit of EUR 957 million (down 68.7% YOY). For H1, the Group posted revenue of EUR 66.4 billion (down 8.6% YoY...

News  Updated at: 2025/07/30

Tesla CEO Musk gives update on affordable model plans During its Q2 2025 earnings call, Tesla revealed some new details regarding the production plans of the affordable vehicles at its Gigafactory Texas. In the Q2 release, Tesla said it successfully completed “first builds of a more affordable model in June, with volume production planned for the second half of 2025.” In the earnings call following, CEO Elon Musk confirmed these affordable ve...

News  Updated at: 2025/07/30

VW Group’s operating profit down 29.4% in Q2 2025, down 32.8% in H1 2025 On July 25, VW Group announced its financial results for Q2 2025 and H1 2025. In Q2 2025, sales revenue decreased 3.0% to EUR 80.8 billion, and the operating profit was down 29.4% to EUR 3.8 billion. The Group’s earnings after tax decreased 36.3% to EUR 2.3 billion. Sales deliveries in Q2 were up 1.2% YOY to 2.272 million units. Regarding the 2025 H1 financial results, s...

News  Updated at: 2025/07/25

Tesla operating profit down 42.5% in Q2 2025 On July 23, Tesla delivered its financial results for Q2, with net income falling 16.3% to USD 1.2 billion, on revenue of USD 22.5 billion, down 11.8% from the same period in 2024. Operating income fell 42.5% to USD 923 million, resulting in a 4.1% operating margin, and adjusted EBITDA was down 7.4% to 3.4 billion in Q2. The company noted its decline in Q2 due in great part to lower automotive deliveri...

News  Updated at: 2025/07/25

GM's Q2 operating profit drops 45.1%, sales up 7.5% On July 22, General Motors reported that its Q2 2025 net income dropped 35.4% to USD 1.9 billion, with import tariffs costing it USD 1.1 billion since first imposed in April. EBIT Adjusted of USD 3.04 billion was down 31.6% compared to the same period a year ago. Q2 revenue was down 1.8% to USD 47.1 billion, with GMNA (North America) revenue down 3.0% to USD 39.5 billion, and GMI (International)...

News  Updated at: 2025/07/25

” President Donald Trump on July 22 said he reached a trade deal with Japan that will see that country invest USD 550 billion into the U.S. and “open their country” to U.S. automobile imports, as well as additional agricultural imports, without specifying further. On July 22, GM noted that its Q2 earnings took a USD 1.1-billion hit from tariffs and expects the impact to worsen in Q3. On July 21, Stellantis said it expects more impact from U...

News  Updated at: 2025/07/24

Flash Report: GM's operating income for the Q2 of 2025 is USD 2.1 billion, down 45.1% GM's FY2025 second quarter financial results were announced. Sales declined 1.8% YoY to USD 47.1 billion. This was a USD 847 million decrease from the previous year's USD 48.0 billion. Operating income decreased 45.1% YoY to USD 2.1 billion, down USD 1.7 billion from USD 3.9 billion in the previous year. Net income decreased 35.4% YoY to USD 1.9 billion. This wa...

News  Updated at: 2025/07/22

Stellantis reports 6% decrease in Q2 2025 consolidated shipments estimates On July 21, Stellantis announced its global consolidated shipment estimates for Q2 2025, revealing a 6% decline YoY to 1.45 million units. The decline was mainly due to production pauses in North America caused by tariffs and slower production in Europe during model transitions. In North America, shipments decreased by 25% YoY to 322,000 units. This was due to fewer import...

News  Updated at: 2025/07/21

rs of the safety risk are expected to be mailed August 18, 2025. Second letters will be sent once the remedy is available. In a separate regulatory filing, Ford said it expects to incur about USD 570 million in costs as it evaluates fixes for the problem. It will be treated as a special item in its Q2 2025 financial results. (NHTSA document on July 15, 2025) (NHTSA document on July 11, 2025)(Detroit News article on July 16, 2025)...

News  Updated at: 2025/07/18